# Decagon Asset Management LLP

> Decagon Asset Management LLP is an SEC-registered investment advisory firm in London, United Kingdom, registered since 2022, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated June 24, 2026.

- CRD: 319363
- Filed as: DECAGON ASSET MANAGEMENT LLP
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: London, United Kingdom
- Filing period: October 2026
- Form ADV filing dated: June 24, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/319363
- AdvisorCensus page: https://advisorcensus.com/firm/decagon-asset-management-llp-london-319363

## Quick answers

**How is Decagon Asset Management LLP compensated?**
On its Form ADV (Item 5.E, October 2026), Decagon Asset Management LLP 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 Decagon Asset Management LLP located?**
Decagon Asset Management LLP's principal office is in London, United Kingdom, according to its Form ADV.

**Is Decagon Asset Management LLP registered with the SEC or a state?**
Decagon Asset Management LLP is an SEC-registered investment advisory firm, registered since 2022. Status as filed: Approved. CRD 319363.

**How much does Decagon Asset Management LLP manage?**
Decagon Asset Management LLP reports $1,031,819,316 in regulatory assets under management in its Form ADV filing dated June 24, 2026 (100% discretionary).

**How have Decagon Asset Management LLP's assets and staff changed since 2022?**
In the Form ADV data for Decagon Asset Management LLP: Regulatory assets under management: $0 in the October 2022 data and $1,031,819,316 in the October 2026 data. Total employees: 4 in October 2022 and 6 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Decagon Asset Management LLP serve?**
By number of clients on Form ADV Item 5.D: other (4); pooled investment vehicles (other than investment companies and business development companies) (1).

**Which custodians does Decagon Asset Management LLP use?**
Decagon Asset Management LLP's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Goldman Sachs, JPM and UBS as custodians holding 10% or more of its separately managed account assets.

**Does Decagon Asset Management LLP 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/319363

**What changed in Decagon Asset Management LLP's recent Form ADV filings?**
In the July 2026 filing data: Regulatory assets under management went from $658,965,995 to $1,031,819,316 (+57%).

## From the Form ADV filing

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

### Custodians (Schedule D, Section 5.K(3))
- Goldman Sachs
- JPM
- UBS

Custodians holding 10% or more of the firm's separately managed account assets, as filed on Form ADV (Schedule D, Section 5.K(3)). A custodian holds client assets; it does not endorse or supervise the firm. AdvisorCensus has no relationship with any custodian.

### Regulatory assets under management (Item 5.F)
- Total: $1,031,819,316
- Discretionary: $1,031,819,316
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Pooled investment vehicles (other than investment companies and business development companies) | 1 | $150,385,617 |
| Other | 4 | $881,433,699 |

### 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: 2022 (4 years)
- Employees: 6 total, 2 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)
- decagonam.com
- LinkedIn @decagon-asset-management

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2022 | $0 | 4 | August 2, 2022 |
| October 2023 | $213,255,617 | 5 | July 31, 2023 |
| October 2024 | $283,233,370 | 4 | June 18, 2024 |
| October 2025 | $606,241,914 | 6 | June 27, 2025 |
| October 2026 | $1,031,819,316 | 6 | June 24, 2026 |

Regulatory assets under management: $0 in the October 2022 data and $1,031,819,316 in the October 2026 data.
Total employees: 4 in October 2022 and 6 in October 2026.

## Changes in the filing (last 12 months)

### July 2026
- Regulatory assets under management went from $658,965,995 to $1,031,819,316 (+57%).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Decagon Asset Management LLP (CRD 319363): Form ADV filing data as of October 2026.