# GPB Capital Holdings, LLC

> GPB Capital Holdings, LLC is an SEC-registered investment advisory firm in Greenwich, CT, registered since 2014, reporting $500 million to $1 billion in regulatory assets under management in its Form ADV filing dated March 31, 2026.

- CRD: 169825
- Filed as: GPB CAPITAL HOLDINGS, LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Greenwich, CT
- Filing period: October 2026
- Form ADV filing dated: March 31, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/169825
- AdvisorCensus page: https://advisorcensus.com/firm/gpb-capital-holdings-llc-greenwich-ct-169825

## Quick answers

**How is GPB Capital Holdings, LLC compensated?**
On its Form ADV (Item 5.E, October 2026), GPB Capital Holdings, LLC reports these compensation arrangements: a percentage of assets under its management; performance-based fees; other. The amounts are in Item 5 of its Form ADV Part 2A brochure.

**Where is GPB Capital Holdings, LLC located?**
GPB Capital Holdings, LLC's principal office is in Greenwich, CT, according to its Form ADV; the April 2026 filing also lists 1 other office (Schedule D, Section 1.F).

**Is GPB Capital Holdings, LLC registered with the SEC or a state?**
GPB Capital Holdings, LLC is an SEC-registered investment advisory firm, registered since 2014. Status as filed: Approved. CRD 169825.

**How much does GPB Capital Holdings, LLC manage?**
GPB Capital Holdings, LLC reports $646,189,076 in regulatory assets under management in its Form ADV filing dated March 31, 2026 (100% discretionary).

**How have GPB Capital Holdings, LLC's assets and staff changed since 2021?**
In the Form ADV data for GPB Capital Holdings, LLC: Regulatory assets under management: $15,562,910 in the October 2021 data and $646,189,076 in the October 2026 data, up 4052%. Total employees: 51 in October 2021 and 7 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does GPB Capital Holdings, LLC serve?**
By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (7).

**Does GPB Capital Holdings, LLC report any disciplinary disclosures?**
Reports 10 disclosure items on Form ADV Item 11: yes answers to 3 questions about criminal matters, 6 questions about regulatory matters, and 1 question about civil court matters (11.A(1), 11.A(2), 11.B(1), 11.D(1), 11.D(2), 11.D(3), 11.D(4), 11.D(5), 11.G, 11.H(2)). 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/169825

**What changed in GPB Capital Holdings, LLC's recent Form ADV filings?**
In the April 2026 filing data: Employees performing advisory functions went from 2 to 1. Regulatory assets under management went from $1,045,341,957 to $646,189,076 (-38%).

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management
- Performance-based fees
- Other

### Regulatory assets under management (Item 5.F)
- Total: $646,189,076
- Discretionary: $646,189,076
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Pooled investment vehicles (other than investment companies and business development companies) | 7 | $646,189,076 |

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

### Firm details
- Registered since: 2014 (12 years)
- Employees: 7 total, 1 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: CT, FL
- Disclosures (Item 11): Reports 10 disclosure items on Form ADV Item 11.

### Item 11 questions answered yes
- 11.A(1): In the past ten years, has the firm or an advisory affiliate been convicted of, or pleaded guilty or no contest to, a felony?
- 11.A(2): In the past ten years, has the firm or an advisory affiliate been charged with a felony?
- 11.B(1): In the past ten years, has the firm or an advisory affiliate been convicted of, or pleaded guilty or no contest to, a misdemeanor involving investments or an investment-related business, fraud, false statements or omissions, wrongful taking of property, bribery, perjury, forgery, counterfeiting, extortion, or a conspiracy to commit any of these?
- 11.D(1): Has another federal regulator, a state regulator, or a foreign financial regulator ever found that the firm or an advisory affiliate made a false statement or omission, or was dishonest, unfair, or unethical?
- 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(3): Has another federal regulator, a state regulator, or a foreign financial regulator ever found that the firm or an advisory affiliate was a cause of an investment-related business having its authorization to do business denied, suspended, revoked, or restricted?
- 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.D(5): Has another federal regulator, a state regulator, or a foreign financial regulator ever denied, suspended, or revoked the registration or license of the firm or an advisory affiliate, prevented either by order from associating with an investment-related business, or restricted either one's 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(2): Is the firm or an advisory affiliate now the subject of a civil proceeding that could result in a yes answer to any part of 11.H(1)?

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/169825

### Other offices (Schedule D, Section 1.F), as of the April 2026 filing
- Palm Beach Gardens, FL

### Websites listed on Form ADV (Item 1.I)
- [dm.epiqii.com/CASE/GPBCAPITAL/INFO](https://dm.epiqii.com/CASE/GPBCAPITAL/INFO)
- LinkedIn @gpb-capital-holdings-llc
- LinkedIn @highline-management-inc

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $15,562,910 | 51 | June 11, 2021 |
| October 2022 | $1,218,600,173 | 39 | March 31, 2022 |
| October 2023 | $611,929,800 | 24 | April 28, 2023 |
| October 2024 | $1,150,393,850 | 22 | May 30, 2024 |
| October 2025 | $1,045,341,957 | 13 | March 31, 2025 |
| October 2026 | $646,189,076 | 7 | March 31, 2026 |

Regulatory assets under management: $15,562,910 in the October 2021 data and $646,189,076 in the October 2026 data, up 4052%.
Total employees: 51 in October 2021 and 7 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Employees performing advisory functions went from 2 to 1.
- Regulatory assets under management went from $1,045,341,957 to $646,189,076 (-38%).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. GPB Capital Holdings, LLC (CRD 169825): Form ADV filing data as of October 2026.