# D2 Asset Management

> D2 Asset Management is an SEC-registered investment advisory firm in Dallas, TX, registered since 2024, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated May 1, 2026.

- CRD: 331542
- Filed as: D2 ASSET MANAGEMENT
- Legal name: D2 Asset Management, LP
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Dallas, TX
- Filing period: October 2026
- Form ADV filing dated: May 1, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/331542
- AdvisorCensus page: https://advisorcensus.com/firm/d2-asset-management-dallas-tx-331542

## Quick answers

**How is D2 Asset Management compensated?**
On its Form ADV (Item 5.E, October 2026), D2 Asset Management 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 D2 Asset Management located?**
D2 Asset Management's principal office is in Dallas, TX, according to its Form ADV; the June 2026 filing also lists 1 other office (Schedule D, Section 1.F).

**Is D2 Asset Management registered with the SEC or a state?**
D2 Asset Management is an SEC-registered investment advisory firm, registered since 2024. Status as filed: Approved. CRD 331542.

**How much does D2 Asset Management manage?**
D2 Asset Management reports $1,825,931,886 in regulatory assets under management in its Form ADV filing dated May 1, 2026 (74% discretionary).

**How have D2 Asset Management's assets and staff changed since 2024?**
In the Form ADV data for D2 Asset Management: Regulatory assets under management: $1,005,708,378 in the October 2025 data and $1,825,931,886 in the October 2026 data, up 82%. Total employees: 2 in October 2024 and 34 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does D2 Asset Management serve?**
By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (4).

**Does D2 Asset 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/331542

**What changed in D2 Asset Management's recent Form ADV filings?**
In the April 2026 filing data: Employees performing advisory functions went from 6 to 9. Regulatory assets under management went from $1,005,708,378 to $1,792,565,512 (+78%).

## 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: $1,825,931,886
- Discretionary: $1,348,741,359
- Non-discretionary: $477,190,527

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Pooled investment vehicles (other than investment companies and business development companies) | 4 | $1,825,931,886 |

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

### Firm details
- Registered since: 2024 (2 years)
- Employees: 34 total, 9 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: TX
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Other offices (Schedule D, Section 1.F), as of the June 2026 filing
- New York, NY

### Websites listed on Form ADV (Item 1.I)
- d2-am.com
- d2residential.com
- LinkedIn @d2-asset-management-lp

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2024 | Not reported | 2 | June 4, 2024 |
| October 2025 | $1,005,708,378 | 7 | May 6, 2025 |
| October 2026 | $1,825,931,886 | 34 | May 1, 2026 |

Regulatory assets under management: $1,005,708,378 in the October 2025 data and $1,825,931,886 in the October 2026 data, up 82%.
Total employees: 2 in October 2024 and 34 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Employees performing advisory functions went from 6 to 9.
- Regulatory assets under management went from $1,005,708,378 to $1,792,565,512 (+78%).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. D2 Asset Management (CRD 331542): Form ADV filing data as of October 2026.