# COX Capital Management

> COX Capital Management is an SEC-registered investment advisory firm in São Paulo, Brazil, registered since 2010, reporting under $25 million in regulatory assets under management in its Form ADV filing dated February 4, 2026.

- CRD: 154897
- Filed as: COX CAPITAL MANAGEMENT
- Legal name: COX Gestao de Recursos Ltda.
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: São Paulo, Brazil
- Filing period: October 2026
- Form ADV filing dated: February 4, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/154897
- AdvisorCensus page: https://advisorcensus.com/firm/cox-capital-management-sao-paulo-154897

## Quick answers

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

**How much does COX Capital Management charge?**
Its Form ADV Part 2A brochure dated February 4, 2026 states: Asset-based fee: 1% to 2% 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 COX Capital Management located?**
COX Capital Management's principal office is in São Paulo, Brazil, according to its Form ADV.

**Is COX Capital Management registered with the SEC or a state?**
COX Capital Management is an SEC-registered investment advisory firm, registered since 2010. Status as filed: Approved. CRD 154897.

**How much does COX Capital Management manage?**
COX Capital Management reports $8,107,012 in regulatory assets under management in its Form ADV filing dated February 4, 2026 (100% discretionary).

**How have COX Capital Management's assets and staff changed since 2021?**
In the Form ADV data for COX Capital Management: Regulatory assets under management: $8,880,470 in the October 2021 data and $8,107,012 in the October 2026 data, down 9%. Total employees: 7 in October 2021 and 4 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does COX Capital Management serve?**
By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (2).

**Does COX Capital Management 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/154897

**What changed in COX Capital Management's recent Form ADV filings?**
In the March 2026 filing data: Regulatory assets under management went from $3,361,762 to $8,107,012 (+141%).

## 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 February 4, 2026)

- Asset-based fee: 1% to 2% a year (a range, as the brochure states it)

> Cox generally receives a Management Fee equal to an amount between 1% to 2% on an annual basis, and such management fees will usually be charged quarterly in arrears as of the last day of each calendar quarter, in accordance with the management agreement for such client.

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

### Regulatory assets under management (Item 5.F)
- Total: $8,107,012
- Discretionary: $8,107,012
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 0 | $0 |
| High net worth individuals | 0 | $0 |
| Banking or thrift institutions | 0 | $0 |
| Investment companies | 0 | $0 |
| Business development companies | 0 | $0 |
| Pooled investment vehicles (other than investment companies and business development companies) | 2 | $8,107,012 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 0 | $0 |
| Charitable organizations | 0 | $0 |
| State or municipal government entities (including government pension plans) | 0 | $0 |
| Other investment advisers | 0 | $0 |
| Insurance companies | 0 | $0 |
| Sovereign wealth funds and foreign official institutions | 0 | $0 |
| Corporations or other businesses not listed above | 0 | $0 |
| Other | 0 | $0 |

### Advisory services (Item 5.G)
- Portfolio management for pooled investment vehicles (other than investment companies)
- Portfolio management for businesses (other than small businesses) or institutional clients

### Firm details
- Registered since: 2010 (15 years)
- Employees: 4 total, 4 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)
- coxcap.com.br
- LinkedIn @coxcap

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $8,880,470 | 7 | March 31, 2021 |
| October 2022 | $5,258,052 | 6 | July 4, 2022 |
| October 2023 | $10,590,091 | 6 | March 2, 2023 |
| October 2024 | $13,528,995 | 5 | March 1, 2024 |
| October 2025 | $3,361,762 | 4 | March 6, 2025 |
| October 2026 | $8,107,012 | 4 | February 4, 2026 |

Regulatory assets under management: $8,880,470 in the October 2021 data and $8,107,012 in the October 2026 data, down 9%.
Total employees: 7 in October 2021 and 4 in October 2026.

## Changes in the filing (last 12 months)

### March 2026
- Regulatory assets under management went from $3,361,762 to $8,107,012 (+141%).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. COX Capital Management (CRD 154897): Form ADV filing data as of October 2026.