# 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.

- CRD: 308201
- Filed as: CONVERSANT CAPITAL LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Summit, NJ
- Filing period: October 2026
- Form ADV filing dated: March 31, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/308201
- AdvisorCensus page: https://advisorcensus.com/firm/conversant-capital-llc-summit-nj-308201

## Quick answers

**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. The amounts are in Item 5 of its Form ADV Part 2A brochure.

**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

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

### Regulatory assets under management (Item 5.F)
- Total: $3,115,964,049
- Discretionary: $3,115,964,049
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Pooled investment vehicles (other than investment companies and business development companies) | 24 | $3,115,964,049 |

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

### Firm details
- Registered since: 2020 (5 years)
- Employees: 19 total, 9 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: NJ
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- conversantcap.com
- LinkedIn @conversant-capital

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $110,531,982 | 6 | October 1, 2021 |
| October 2022 | $1,394,879,690 | 9 | June 30, 2022 |
| October 2023 | $1,591,730,563 | 11 | June 2, 2023 |
| October 2024 | $1,928,785,167 | 14 | April 24, 2024 |
| October 2025 | $2,603,942,605 | 16 | April 16, 2025 |
| October 2026 | $3,115,964,049 | 19 | March 31, 2026 |

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.

## Changes in the filing (last 12 months)

### 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).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Conversant Capital LLC (CRD 308201): Form ADV filing data as of October 2026.