# Divisadero Street Capital Management, LP

> Divisadero Street Capital Management, LP is an SEC-registered investment advisory firm in Miami, FL, registered since 2022, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated March 30, 2026.

- CRD: 317392
- Filed as: DIVISADERO STREET CAPITAL MANAGEMENT, LP
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Miami, FL
- Filing period: October 2026
- Form ADV filing dated: March 30, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/317392
- AdvisorCensus page: https://advisorcensus.com/firm/divisadero-street-capital-management-lp-miami-fl-317392

## Quick answers

**How is Divisadero Street Capital Management, LP compensated?**
On its Form ADV (Item 5.E, October 2026), Divisadero Street Capital Management, LP 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 Divisadero Street Capital Management, LP located?**
Divisadero Street Capital Management, LP's principal office is in Miami, FL, according to its Form ADV.

**Is Divisadero Street Capital Management, LP registered with the SEC or a state?**
Divisadero Street Capital Management, LP is an SEC-registered investment advisory firm, registered since 2022. Status as filed: Approved. CRD 317392.

**How much does Divisadero Street Capital Management, LP manage?**
Divisadero Street Capital Management, LP reports $2,611,255,091 in regulatory assets under management in its Form ADV filing dated March 30, 2026 (100% discretionary).

**How have Divisadero Street Capital Management, LP's assets and staff changed since 2022?**
In the Form ADV data for Divisadero Street Capital Management, LP: Regulatory assets under management: $227,053,800 in the October 2022 data and $2,611,255,091 in the October 2026 data, up 1050%. Total employees: 3 in October 2022 and 11 in October 2026. Assets under management move with markets as well as with clients coming and going.

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

**Does Divisadero Street Capital Management, LP 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/317392

**What changed in Divisadero Street Capital Management, LP's recent Form ADV filings?**
In the April 2026 filing data: Employees performing advisory functions went from 5 to 8. Regulatory assets under management went from $1,051,093,748 to $2,611,255,091 (+148%). 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: $2,611,255,091
- Discretionary: $2,611,255,091
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Pooled investment vehicles (other than investment companies and business development companies) | 4 | $2,611,255,091 |

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

### Firm details
- Registered since: 2022 (4 years)
- Employees: 11 total, 8 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: FL
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2022 | $227,053,800 | 3 | June 30, 2022 |
| October 2023 | $278,256,400 | 3 | March 31, 2023 |
| October 2024 | $634,221,172 | 6 | May 21, 2024 |
| October 2025 | $1,051,093,748 | 7 | March 26, 2025 |
| October 2026 | $2,611,255,091 | 11 | March 30, 2026 |

Regulatory assets under management: $227,053,800 in the October 2022 data and $2,611,255,091 in the October 2026 data, up 1050%.
Total employees: 3 in October 2022 and 11 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Employees performing advisory functions went from 5 to 8.
- Regulatory assets under management went from $1,051,093,748 to $2,611,255,091 (+148%).
- Updated its list of owners and control persons (Schedule A).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Divisadero Street Capital Management, LP (CRD 317392): Form ADV filing data as of October 2026.