# Commodore Capital

> Commodore Capital is an SEC-registered investment advisory firm in New York, NY, registered since 2019, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated March 31, 2026.

- CRD: 304370
- Filed as: COMMODORE CAPITAL
- Legal name: Commodore Capital LP
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: New York, NY
- Filing period: October 2026
- Form ADV filing dated: March 31, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/304370
- AdvisorCensus page: https://advisorcensus.com/firm/commodore-capital-new-york-ny-304370

## Quick answers

**How is Commodore Capital compensated?**
On its Form ADV (Item 5.E, October 2026), Commodore Capital reports these compensation arrangements: a percentage of assets under its management; performance-based fees.

**How much does Commodore Capital charge?**
Its Form ADV Part 2A brochure dated March 31, 2026 states: Asset-based fee: 1.5% to 1.75% a year (a range, as the brochure states it). Fees can differ by service and may be negotiable; the brochure is the complete statement.

**Where is Commodore Capital located?**
Commodore Capital's principal office is in New York, NY, according to its Form ADV.

**Is Commodore Capital registered with the SEC or a state?**
Commodore Capital is an SEC-registered investment advisory firm, registered since 2019. Status as filed: Approved. CRD 304370.

**How much does Commodore Capital manage?**
Commodore Capital reports $2,369,313,969 in regulatory assets under management in its Form ADV filing dated March 31, 2026 (100% discretionary).

**How have Commodore Capital's assets and staff changed since 2021?**
In the Form ADV data for Commodore Capital: Regulatory assets under management: $231,877,774 in the October 2021 data and $2,369,313,969 in the October 2026 data, up 922%. Total employees: 5 in October 2021 and 12 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Commodore Capital serve?**
By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (3).

**Does Commodore Capital report any disciplinary disclosures?**
Reports no disclosure items on Form ADV Item 11. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/304370

**What changed in Commodore Capital's recent Form ADV filings?**
In the April 2026 filing data: Regulatory assets under management went from $1,763,757,281 to $2,369,313,969 (+34%).

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management
- Performance-based fees

### Fees and minimums (Form ADV Part 2A brochure dated March 31, 2026)

- Asset-based fee: 1.5% to 1.75% a year (a range, as the brochure states it)

> The Management Fee ranges from 1.5% to 1.75% (per annum) of the net assets of the Funds and is charged monthly in advance on the first business day of each calendar month.

As stated in the firm's brochure. Fees can differ by service and may be negotiable.

### Regulatory assets under management (Item 5.F)
- Total: $2,369,313,969
- Discretionary: $2,369,313,969
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Pooled investment vehicles (other than investment companies and business development companies) | 3 | $2,369,313,969 |

### Advisory services (Item 5.G)
- Portfolio management for pooled investment vehicles (other than investment companies)

### Firm details
- Registered since: 2019 (7 years)
- Employees: 12 total, 6 performing advisory functions
- Wrap fee program participation: No
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- commodorecapital.com
- LinkedIn @commodore-capital-lp

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $231,877,774 | 5 | March 31, 2021 |
| October 2022 | $538,687,313 | 8 | March 29, 2022 |
| October 2023 | $814,632,508 | 13 | March 24, 2023 |
| October 2024 | $1,356,387,341 | 12 | March 22, 2024 |
| October 2025 | $1,763,757,281 | 12 | March 27, 2025 |
| October 2026 | $2,369,313,969 | 12 | March 31, 2026 |

Regulatory assets under management: $231,877,774 in the October 2021 data and $2,369,313,969 in the October 2026 data, up 922%.
Total employees: 5 in October 2021 and 12 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Regulatory assets under management went from $1,763,757,281 to $2,369,313,969 (+34%).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Commodore Capital (CRD 304370): Form ADV filing data as of October 2026.