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Conversant Capital LLC

Summit, NJSEC-registered investment adviserCRD 308201

Filed as CONVERSANT CAPITAL LLC

Conversant Capital LLC is an SEC-registered investment advisory firm in Summit, NJ, registered since 2020, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated March 31, 2026.

5 years
registered since 2020
$3,115,964,049
assets under management
2 arrangements
Percentage of assets, Performance-based
None
disclosure items (Item 11)

Quick answers

From the filing

How is Conversant Capital LLC compensated?

On its Form ADV (Item 5.E, October 2026), Conversant Capital LLC reports these compensation arrangements: a percentage of assets under its management; performance-based fees.

Where is Conversant Capital LLC located?

Conversant Capital LLC's principal office is in Summit, NJ, according to its Form ADV.

Is Conversant Capital LLC registered with the SEC or a state?

Conversant Capital LLC is an SEC-registered investment advisory firm, registered since 2020. Status as filed: Approved. CRD 308201.

How much does Conversant Capital LLC manage?

Conversant Capital LLC reports $3,115,964,049 in regulatory assets under management in its Form ADV filing dated March 31, 2026 (100% discretionary).

How have Conversant Capital LLC's assets and staff changed since 2021?

In the Form ADV data for Conversant Capital LLC: Regulatory assets under management: $110,531,982 in the October 2021 data and $3,115,964,049 in the October 2026 data, up 2719%. Total employees: 6 in October 2021 and 19 in October 2026. Assets under management move with markets as well as with clients coming and going.

What types of clients does Conversant Capital LLC serve?

By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (24).

Does Conversant Capital LLC 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/308201

What changed in Conversant Capital LLC's recent Form ADV filings?

In the April 2026 filing data: Employees performing advisory functions went from 7 to 9. Regulatory assets under management went from $2,603,942,605 to $3,115,964,049 (+20%). Updated its list of owners and control persons (Schedule A).

From the Form ADV filing

Every figure below is as the firm filed it with regulators, as of October 2026.

How the firm is compensated

Item 5.E
  • A percentage of assets under your management
  • Performance-based fees

Item 5.E lists how the firm is compensated for its advice; Items 5.B, 6.A, and 7.A show whether its people or related companies can also earn commissions. Percentage of assets, fixed, hourly, subscription, and performance-based fees come from clients (a performance-based fee depends on investment results); commissions come with a sale or a trade, often from the company behind the product. How fees, commissions, and other arrangements differ

Fees and minimums

Form ADV Part 2A

The brochure lists different fees for different services or strategies. See the firm's brochure (dated March 31, 2026) for its fees and any account minimum, on the SEC's IAPD site.

Regulatory assets under management

Item 5.F
$3,115,964,049

$3,115,964,049 as of October 2026, filing dated March 31, 2026.

Discretionary: $3,115,964,049.Non-discretionary: $0.

A measure of scale, not skill or returns. Discretionary means the firm decides trades; non-discretionary means clients approve each one. What assets under management means

Who the firm serves

Item 5.D
Pooled investment vehicles (other than investment companies and business development companies)
Clients 24 Assets $3,115,964,049 (100%)

A firm with no individual clients is an institutional manager even if it manages billions; the mix tells you whom the practice is built around.

Advisory services

Item 5.G
  • Portfolio management for pooled investment vehicles (other than investment companies)

Registration and firm details

Items 1, 2, 5
Registration
SEC-registered investment adviser. Status as filed: Approved.
Registered since
2020 (5 years)
Employees
Total: 19. Performing investment advisory functions: 9.
Wrap fee program participation
No.
States registered or notice-filed
1 state or jurisdiction
NJ

SEC-registered investment advisers are examined by the SEC. SEC, state, and exempt registration

Disclosures

Item 11

None Reports no disclosure items on Form ADV Item 11. View on IAPD.

Item 11 asks about criminal, regulatory, and civil events involving the firm and its advisory personnel. The detail of each yes answer is on the IAPD record. Reading a firm's disclosures

Assets and staff over time

Items 5.A, 5.F
$111M 2021 $1.39B 2022 $1.59B 2023 $1.93B 2024 $2.6B 2025 $3.12B 2026
Data periodAssets under managementEmployeesFiling dated
October 2026$3,115,964,04919March 31, 2026
October 2025$2,603,942,60516April 16, 2025
October 2024$1,928,785,16714April 24, 2024
October 2023$1,591,730,56311June 2, 2023
October 2022$1,394,879,6909June 30, 2022
October 2021$110,531,9826October 1, 2021

Regulatory assets under management: $110,531,982 in the October 2021 data and $3,115,964,049 in the October 2026 data, up 2719%.

Total employees: 6 in October 2021 and 19 in October 2026.

As filed in each year's data for the same month. Assets under management move with markets as well as with clients coming and going; they measure scale, not skill or returns. Most firms update these figures once a year.

Changes in the filing

Last 12 months
  1. April 2026
    • Employees performing advisory functions went from 7 to 9.
    • Regulatory assets under management went from $2,603,942,605 to $3,115,964,049 (+20%).
    • Updated its list of owners and control persons (Schedule A).

Compared month to month from the SEC's monthly adviser data and the state compilation feed. Owners and control persons are summarized, never named.

Websites listed on Form ADV

Item 1.I
conversantcap.com

Source: Form ADV, as of October 2026. Values appear as filed; a value the firm did not report is shown as "Not reported."

Cite this page

AdvisorCensus. Conversant Capital LLC (CRD 308201): Form ADV filing data as of October 2026.
https://advisorcensus.com/firm/conversant-capital-llc-summit-nj-308201