# DG Capital Management, LLC

> DG Capital Management, LLC is an SEC-registered investment advisory firm in New York, NY, registered since 2011, reporting $500 million to $1 billion in regulatory assets under management in its Form ADV filing dated May 4, 2026.

- CRD: 157258
- Filed as: DG CAPITAL MANAGEMENT, LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: New York, NY
- Filing period: October 2026
- Form ADV filing dated: May 4, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/157258
- AdvisorCensus page: https://advisorcensus.com/firm/dg-capital-management-llc-new-york-ny-157258

## Quick answers

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

**How much does DG Capital Management, LLC charge?**
Its Form ADV Part 2A brochure dated March 27, 2026 states: Asset-based fee: up to 1.75% of assets a year (the maximum the brochure states). Fees can differ by service and may be negotiable; the brochure is the complete statement.

**Where is DG Capital Management, LLC located?**
DG Capital Management, LLC's principal office is in New York, NY, according to its Form ADV; the June 2026 filing also lists 2 other offices (Schedule D, Section 1.F).

**Is DG Capital Management, LLC registered with the SEC or a state?**
DG Capital Management, LLC is an SEC-registered investment advisory firm, registered since 2011. Status as filed: Approved. CRD 157258.

**How much does DG Capital Management, LLC manage?**
DG Capital Management, LLC reports $521,852,085 in regulatory assets under management in its Form ADV filing dated May 4, 2026 (100% discretionary).

**How have DG Capital Management, LLC's assets and staff changed since 2021?**
In the Form ADV data for DG Capital Management, LLC: Regulatory assets under management: $361,685,668 in the October 2021 data and $521,852,085 in the October 2026 data, up 44%. Total employees: 9 in October 2021 and 11 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does DG Capital Management, LLC serve?**
By number of clients on Form ADV Item 5.D: other (8); pooled investment vehicles (other than investment companies and business development companies) (4).

**Which custodians does DG Capital Management, LLC use?**
DG Capital Management, LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Jefferies LLC as a custodian holding 10% or more of its separately managed account assets.

**Does DG Capital Management, 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/157258

**What changed in DG Capital Management, LLC's recent Form ADV filings?**
In the April 2026 filing data: Employees performing advisory functions went from 10 to 11.

## 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 March 27, 2026)

- Asset-based fee: up to 1.75% of assets a year (the maximum the brochure states)

> Management Fees are billed monthly, in advance or in arrears and is generally at an annual rate of up to 1.75%, as specified in the relevant Client’s offering documents.

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

### Custodians (Schedule D, Section 5.K(3))
- Jefferies LLC

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: $521,852,085
- Discretionary: $521,852,085
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Pooled investment vehicles (other than investment companies and business development companies) | 4 | $481,415,531 |
| Other | 8 | $40,436,554 |

### 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: 2011 (15 years)
- Employees: 11 total, 11 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: FL, NY, PR
- 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
- Boca Raton, FL
- Dorado, PR

### Websites listed on Form ADV (Item 1.I)
- dgcapitalmgmt.com
- LinkedIn @dg-capital-management-llc

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $361,685,668 | 9 | July 29, 2021 |
| October 2022 | $640,242,452 | 11 | March 29, 2022 |
| October 2023 | $398,060,025 | 10 | March 28, 2023 |
| October 2024 | $479,398,065 | 10 | March 27, 2024 |
| October 2025 | $489,377,419 | 10 | March 28, 2025 |
| October 2026 | $521,852,085 | 11 | May 4, 2026 |

Regulatory assets under management: $361,685,668 in the October 2021 data and $521,852,085 in the October 2026 data, up 44%.
Total employees: 9 in October 2021 and 11 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Employees performing advisory functions went from 10 to 11.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. DG Capital Management, LLC (CRD 157258): Form ADV filing data as of October 2026.