# First Hedge Capital Management

> First Hedge Capital Management is a state-registered investment advisory firm, registered since 2014, reporting under $25 million in regulatory assets under management in its Form ADV filing dated March 25, 2026.

- CRD: 166941
- Filed as: FIRST HEDGE CAPITAL MANAGEMENT
- Registration: State-registered investment adviser (status as filed: APPROVED)
- Location: Registered in Ohio
- Filing period: October 2026
- Form ADV filing dated: March 25, 2026
- Public record (IAPD): https://adviserinfo.sec.gov/firm/summary/166941
- AdvisorCensus page: https://advisorcensus.com/firm/first-hedge-capital-management-166941

## Quick answers

**How is First Hedge Capital Management compensated?**
On its Form ADV (Item 5.E, October 2026), First Hedge Capital 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.

**Is First Hedge Capital Management registered with the SEC or a state?**
First Hedge Capital Management is a state-registered investment advisory firm, registered since 2014. Status as filed: APPROVED. CRD 166941.

**How much does First Hedge Capital Management manage?**
First Hedge Capital Management reports $17,400,000 in regulatory assets under management in its Form ADV filing dated March 25, 2026 (100% discretionary).

**What types of clients does First Hedge Capital Management serve?**
By number of clients on Form ADV Item 5.D: high net worth individuals (37); corporations or other businesses not listed above (2); pooled investment vehicles (other than investment companies and business development companies) (1).

**Does First Hedge Capital Management report any disciplinary disclosures?**
Reports no disclosure items on Form ADV Item 11. The detail of any item is on the firm's public record on IAPD: https://adviserinfo.sec.gov/firm/summary/166941

## 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: $17,400,000
- Discretionary: $17,400,000
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| High net worth individuals | 37 | $15,740,000 |
| Pooled investment vehicles (other than investment companies and business development companies) | 1 | $1,260,000 |
| Corporations or other businesses not listed above | 2 | $400,000 |

### Advisory services (Item 5.G)
- Portfolio management for individuals and/or small businesses
- 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: 2014 (12 years)
- Employees: 2 total, 2 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: OH
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- firsthedge.com
- firsthedgecapital.com

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. First Hedge Capital Management (CRD 166941): Form ADV filing data as of October 2026.