# Garnet Credit Management LLC

> Garnet Credit Management LLC is an SEC-registered investment advisory firm in New York, NY, registered since 2025, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated March 29, 2026.

- CRD: 334755
- Filed as: GARNET CREDIT MANAGEMENT LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: New York, NY
- Filing period: October 2026
- Form ADV filing dated: March 29, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/334755
- AdvisorCensus page: https://advisorcensus.com/firm/garnet-credit-management-llc-new-york-ny-334755

## Quick answers

**How is Garnet Credit Management LLC compensated?**
On its Form ADV (Item 5.E, October 2026), Garnet Credit Management LLC 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 Garnet Credit Management LLC located?**
Garnet Credit Management LLC's principal office is in New York, NY, according to its Form ADV.

**Is Garnet Credit Management LLC registered with the SEC or a state?**
Garnet Credit Management LLC is an SEC-registered investment advisory firm, registered since 2025. Status as filed: Approved. CRD 334755.

**How much does Garnet Credit Management LLC manage?**
Garnet Credit Management LLC reports $2,301,224,745 in regulatory assets under management in its Form ADV filing dated March 29, 2026 (100% discretionary).

**How have Garnet Credit Management LLC's assets and staff changed since 2025?**
In the Form ADV data for Garnet Credit Management LLC: Regulatory assets under management: $552,407,000 in the October 2025 data and $2,301,224,745 in the October 2026 data, up 317%. Total employees: 9 in October 2025 and 14 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Garnet Credit 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 Garnet Credit Management LLC report any disciplinary disclosures?**
Reports 4 disclosure items on Form ADV Item 11: yes answers to 11.D(2) (another regulator's finding of a violation), 11.D(4) (another regulator's order in the past ten years), 11.G (pending regulatory proceeding), and 11.H(1)(a) (court injunction in the past ten years). 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/334755

**What changed in Garnet Credit Management LLC's recent Form ADV filings?**
In the April 2026 filing data: Regulatory assets under management went from $552,407,000 to $2,301,224,745 (+317%). Employees performing advisory functions went from 6 to 10. 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: $2,301,224,745
- Discretionary: $2,301,224,745
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 0 | $0 |
| High net worth individuals | 0 | $0 |
| Banking or thrift institutions | 0 | $0 |
| Investment companies | 0 | $0 |
| Business development companies | 0 | $0 |
| Pooled investment vehicles (other than investment companies and business development companies) | 5 | $2,301,224,745 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 0 | $0 |
| Charitable organizations | 0 | $0 |
| State or municipal government entities (including government pension plans) | 0 | $0 |
| Other investment advisers | 0 | $0 |
| Insurance companies | 0 | $0 |
| Sovereign wealth funds and foreign official institutions | 0 | $0 |
| Corporations or other businesses not listed above | 0 | $0 |
| Other | 0 | $0 |

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

### Firm details
- Registered since: 2025 (1 year)
- Employees: 14 total, 10 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: NY
- Disclosures (Item 11): Reports 4 disclosure items on Form ADV Item 11.

### Item 11 questions answered yes
- 11.D(2): Has another federal regulator, a state regulator, or a foreign financial regulator ever found that the firm or an advisory affiliate was involved in a violation of investment-related regulations or statutes?
- 11.D(4): In the past ten years, has another federal regulator, a state regulator, or a foreign financial regulator entered an order against the firm or an advisory affiliate in connection with investment-related activity?
- 11.G: Is the firm or an advisory affiliate now the subject of a regulatory proceeding that could result in a yes answer to any part of 11.C, 11.D, or 11.E?
- 11.H(1)(a): In the past ten years, has a domestic or foreign court issued an injunction against the firm or an advisory affiliate in connection with investment-related activity?

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/334755

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

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2025 | $552,407,000 | 9 | July 17, 2025 |
| October 2026 | $2,301,224,745 | 14 | March 29, 2026 |

Regulatory assets under management: $552,407,000 in the October 2025 data and $2,301,224,745 in the October 2026 data, up 317%.
Total employees: 9 in October 2025 and 14 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Regulatory assets under management went from $552,407,000 to $2,301,224,745 (+317%).
- Employees performing advisory functions went from 6 to 10.
- Updated its list of owners and control persons (Schedule A).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Garnet Credit Management LLC (CRD 334755): Form ADV filing data as of October 2026.