{ "crd_number": 308201, "slug": "conversant-capital-llc-summit-nj-308201", "primary_business_name": "CONVERSANT CAPITAL LLC", "legal_name": "CONVERSANT CAPITAL LLC", "dbas": [], "city": "Summit", "state": "NJ", "country": "United States", "cbsa_code": "35620", "metro": { "cbsa_code": "35620", "common_name": "New York", "msa_name": "New York-Newark-Jersey City, NY-NJ", "path": "/advisors/ny/new-york" }, "registration_type": "sec", "registration_status": "Approved", "registration_date": "2020-11-17", "years_registered": 5, "period": "2026-10-01", "filing_date": "2026-03-31", "carried_forward": false, "raum_total": 3115964049.0, "raum_discretionary": 3115964049.0, "raum_non_discretionary": 0.0, "raum_band": "1b_5b", "raum_band_label": "$1 billion to $5 billion", "total_employees": 19, "advisory_employees": 9, "client_count_bucket": null, "clients_by_type": { "pooled_investment_vehicles": { "raum": 3115964049.0, "count": 24 } }, "compensation_types": [ "percentage_of_aum", "performance_based" ], "advisory_activities": [ "portfolio_management_pooled_vehicles" ], "wrap_fee_participant": false, "disclosure_yes_count": 0, "states_registered": [ "NJ" ], "websites": [ "https://conversantcap.com", "https://linkedin.com/company/conversant-capital" ], "iapd_url": "https://adviserinfo.sec.gov/firm/summary/308201", "city_as_filed": "SUMMIT", "url": "https://advisorcensus.com/firm/conversant-capital-llc-summit-nj-308201", "display_name": "Conversant Capital LLC", "summary": "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.", "citation": "AdvisorCensus. Conversant Capital LLC (CRD 308201): Form ADV filing data as of October 2026.", "registration_type_label": "SEC-registered investment adviser", "compensation_labels": [ "A percentage of assets under your management", "Performance-based fees" ], "advisory_activity_labels": [ "Portfolio management for pooled investment vehicles (other than investment companies)" ], "quick_answers": [ { "q": "How is Conversant Capital LLC compensated?", "a": "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." }, { "q": "Where is Conversant Capital LLC located?", "a": "Conversant Capital LLC's principal office is in Summit, NJ, according to its Form ADV." }, { "q": "Is Conversant Capital LLC registered with the SEC or a state?", "a": "Conversant Capital LLC is an SEC-registered investment advisory firm, registered since 2020. Status as filed: Approved. CRD 308201." }, { "q": "How much does Conversant Capital LLC manage?", "a": "Conversant Capital LLC reports $3,115,964,049 in regulatory assets under management in its Form ADV filing dated March 31, 2026 (100% discretionary)." }, { "q": "How have Conversant Capital LLC's assets and staff changed since 2021?", "a": "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." }, { "q": "What types of clients does Conversant Capital LLC serve?", "a": "By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (24)." }, { "q": "Does Conversant Capital LLC report any disciplinary disclosures?", "a": "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" }, { "q": "What changed in Conversant Capital LLC's recent Form ADV filings?", "a": "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)." } ], "filing_history": [ { "period": "2021-10-01", "regulatory_assets_under_management": 110531982.0, "total_employees": 6, "filing_date": "2021-10-01" }, { "period": "2022-10-01", "regulatory_assets_under_management": 1394879690.0, "total_employees": 9, "filing_date": "2022-06-30" }, { "period": "2023-10-01", "regulatory_assets_under_management": 1591730563.0, "total_employees": 11, "filing_date": "2023-06-02" }, { "period": "2024-10-01", "regulatory_assets_under_management": 1928785167.0, "total_employees": 14, "filing_date": "2024-04-24" }, { "period": "2025-10-01", "regulatory_assets_under_management": 2603942605.0, "total_employees": 16, "filing_date": "2025-04-16" }, { "period": "2026-10-01", "regulatory_assets_under_management": 3115964049.0, "total_employees": 19, "filing_date": "2026-03-31" } ], "recent_changes": [ { "period": "2026-04-01", "period_label": "April 2026", "notes": [ "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)." ] } ], "fees_from_brochure": null, "custodians": [], "custodians_note": null, "markdown_url": "https://advisorcensus.com/firm/conversant-capital-llc-summit-nj-308201.md", "clients": [ { "type": "pooled_investment_vehicles", "label": "Pooled investment vehicles (other than investment companies and business development companies)", "count": 24, "fewer_than_5": false, "raum": 3115964049.0 } ], "disclosure_line": "Reports no disclosure items on Form ADV Item 11.", "disclosure_items": [], "indexable": true, "suppressed": false, "claimed": false, "enhanced": false, "provided_by_the_firm": null, "source": { "name": "Form ADV", "as_of": "2026-10-01", "iapd_url": "https://adviserinfo.sec.gov/firm/summary/308201", "operator": "BH Monitor Services, LLC", "license": "https://creativecommons.org/licenses/by/4.0/", "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data" } }