# Element Capital Management LLC

> Element Capital Management LLC is an SEC-registered investment advisory firm in New York, NY, registered since 2012, reporting over $5 billion in regulatory assets under management in its Form ADV filing dated October 1, 2026.

- CRD: 160309
- Filed as: ELEMENT CAPITAL MANAGEMENT LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: New York, NY
- Filing period: October 2026
- Form ADV filing dated: October 1, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/160309
- AdvisorCensus page: https://advisorcensus.com/firm/element-capital-management-llc-new-york-ny-160309

## Quick answers

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

**What does Element Capital Management LLC's brochure say about its fees?**
Its Form ADV Part 2A brochure dated March 30, 2026 states: Asset-based fee: 2% of assets a year. Fees can differ by service and may be negotiable; the brochure is the complete statement.

**Where is Element Capital Management LLC located?**
Element Capital Management LLC's principal office is in New York, NY, according to its Form ADV.

**Is Element Capital Management LLC registered with the SEC or a state?**
Element Capital Management LLC is an SEC-registered investment advisory firm, registered since 2012. Status as filed: Approved. CRD 160309.

**How much does Element Capital Management LLC manage?**
Element Capital Management LLC reports $43,427,362,512 in regulatory assets under management in its Form ADV filing dated October 1, 2026 (100% discretionary).

**How have Element Capital Management LLC's assets and staff changed since 2021?**
In the Form ADV data for Element Capital Management LLC: Regulatory assets under management: $62,026,413,242 in the October 2021 data and $43,427,362,512 in the October 2026 data, down 30%. Total employees: 58 in October 2021 and 64 in October 2026. Assets under management move with markets as well as with clients coming and going.

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

**Does Element Capital Management LLC report any disciplinary disclosures?**
Reports 1 disclosure item on Form ADV Item 11: yes answers to 11.E(2) (self-regulatory organization's finding of a rule violation). Each question covers the firm and its advisory affiliates, and one event can produce several yes answers. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/160309

**Does Element Capital Management LLC state an account minimum?**
Its Form ADV Part 2A brochure dated March 30, 2026 says: "The Element Funds are subject to a minimum initial investment requirement of $50 million, however, Element is authorized to waive or modify such minimum investment requirement, subject to certain limitations in accordance with applicable law or regulation."

**What changed in Element Capital Management LLC's recent Form ADV filings?**
In the April 2026 filing data: Employees performing advisory functions went from 27 to 30.

## 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 30, 2026)

- Asset-based fee: 2% of assets a year

> Each Feeder Fund pays Element a management fee equal to 2% per annum of the net asset value of the Feeder Fund’s shares or interests .

- Account minimum: $50,000,000 (the brochure says it may be waived or negotiated)

> The Element Funds are subject to a minimum initial investment requirement of $50 million, however, Element is authorized to waive or modify such minimum investment requirement, subject to certain limitations in accordance with applicable law or regulation.

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

### Regulatory assets under management (Item 5.F)
- Total: $43,427,362,512
- Discretionary: $43,427,362,512
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 0 | Not reported |
| High net worth individuals | 0 | Not reported |
| Banking or thrift institutions | 0 | Not reported |
| Investment companies | 0 | Not reported |
| Business development companies | 0 | Not reported |
| Pooled investment vehicles (other than investment companies and business development companies) | 5 | $43,427,362,512 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 0 | Not reported |
| Charitable organizations | 0 | Not reported |
| State or municipal government entities (including government pension plans) | 0 | Not reported |
| Other investment advisers | 0 | Not reported |
| Insurance companies | 0 | Not reported |
| Sovereign wealth funds and foreign official institutions | 0 | Not reported |
| Corporations or other businesses not listed above | 0 | Not reported |
| Other | 0 | Not reported |

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

### Firm details
- Registered since: 2012 (14 years)
- Employees: 64 total, 30 performing advisory functions
- Wrap fee program participation: No
- Disclosures (Item 11): Reports 1 disclosure item on Form ADV Item 11.

### Item 11 questions answered yes
- 11.E(2): Has a self-regulatory organization or a commodities exchange ever found that the firm or an advisory affiliate was involved in a violation of its rules, other than a minor rule violation under a plan the SEC approved?

Each question covers the firm and its advisory affiliates: its current employees other than clerical staff, its officers, partners, and directors, and anyone who controls the firm or is controlled by it. One event can produce yes answers to several questions. SEC-registered advisers and exempt reporting advisers may leave out events more than ten years old, and may answer 11.A(2) and 11.B(2) for pending charges only. The detail of each yes answer is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/160309

### Websites listed on Form ADV (Item 1.I)
- elementcapital.com
- Facebook facebook.com
- LinkedIn @element-capital-management

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $62,026,413,242 | 58 | March 30, 2021 |
| October 2022 | $48,491,004,504 | 62 | March 30, 2022 |
| October 2023 | $68,583,169,649 | 63 | March 30, 2023 |
| October 2024 | $74,801,493,375 | 66 | July 9, 2024 |
| October 2025 | $40,030,453,382 | 58 | March 31, 2025 |
| October 2026 | $43,427,362,512 | 64 | October 1, 2026 |

Regulatory assets under management: $62,026,413,242 in the October 2021 data and $43,427,362,512 in the October 2026 data, down 30%.
Total employees: 58 in October 2021 and 64 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Employees performing advisory functions went from 27 to 30.

### December 2025
- Updated its list of owners and control persons (Schedule A).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Element Capital Management LLC (CRD 160309): Form ADV filing data as of October 2026.