# H/2 Capital Partners

> H/2 Capital Partners is an SEC-registered investment advisory firm in Stamford, CT, registered since 2012, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated March 31, 2026.

- CRD: 133693
- Filed as: H/2 CAPITAL PARTNERS
- Legal name: H/2 Credit Manager LP
- Also doing business as: H/2 CAPITAL PARTNERS
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Stamford, CT
- Filing period: October 2026
- Form ADV filing dated: March 31, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/133693
- AdvisorCensus page: https://advisorcensus.com/firm/h-2-capital-partners-stamford-ct-133693

## Quick answers

**How is H/2 Capital Partners compensated?**
On its Form ADV (Item 5.E, October 2026), H/2 Capital Partners reports these compensation arrangements: a percentage of assets under its management; performance-based fees.

**How much does H/2 Capital Partners charge?**
Its Form ADV Part 2A brochure dated March 31, 2026 states: Asset-based fee: up to 1.5% of assets a year (the maximum the brochure states). Fees can differ by service and may be negotiable; the brochure is the complete statement.

**Where is H/2 Capital Partners located?**
H/2 Capital Partners' principal office is in Stamford, CT, according to its Form ADV; the April 2026 filing also lists 2 other offices (Schedule D, Section 1.F).

**Is H/2 Capital Partners registered with the SEC or a state?**
H/2 Capital Partners is an SEC-registered investment advisory firm, registered since 2012. Status as filed: Approved. CRD 133693.

**How much does H/2 Capital Partners manage?**
H/2 Capital Partners reports $4,517,239,755 in regulatory assets under management in its Form ADV filing dated March 31, 2026 (100% discretionary).

**How have H/2 Capital Partners' assets and staff changed since 2021?**
In the Form ADV data for H/2 Capital Partners: Regulatory assets under management: $5,445,424,639 in the October 2021 data and $4,517,239,755 in the October 2026 data, down 17%. Total employees: 26 in October 2021 and 18 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does H/2 Capital Partners serve?**
By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (6).

**Does H/2 Capital Partners 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/133693

**What changed in H/2 Capital Partners' recent Form ADV filings?**
In the April 2026 filing data: Employees performing advisory functions went from 12 to 9. 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

### Fees and minimums (Form ADV Part 2A brochure dated March 31, 2026)

- Asset-based fee: up to 1.5% of assets a year (the maximum the brochure states)

> The Management Fee rates range up to 1.5% per annum.

> All fees and incentive allocations applicable to the Clients are disclosed in the relevant offering documents, as supplemented from time to time, and/or governing documents

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

### Regulatory assets under management (Item 5.F)
- Total: $4,517,239,755
- Discretionary: $4,517,239,755
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Pooled investment vehicles (other than investment companies and business development companies) | 6 | $4,517,239,755 |

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

### Firm details
- Registered since: 2012 (14 years)
- Employees: 18 total, 9 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: CT, NY
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Other offices (Schedule D, Section 1.F), as of the April 2026 filing
- London
- New York, NY

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $5,445,424,639 | 26 | March 30, 2021 |
| October 2022 | $5,663,254,301 | 29 | August 24, 2022 |
| October 2023 | $4,731,689,545 | 27 | March 30, 2023 |
| October 2024 | $5,688,617,296 | 25 | March 28, 2024 |
| October 2025 | $5,006,666,223 | 22 | March 28, 2025 |
| October 2026 | $4,517,239,755 | 18 | March 31, 2026 |

Regulatory assets under management: $5,445,424,639 in the October 2021 data and $4,517,239,755 in the October 2026 data, down 17%.
Total employees: 26 in October 2021 and 18 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Employees performing advisory functions went from 12 to 9.
- Updated its list of owners and control persons (Schedule A).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. H/2 Capital Partners (CRD 133693): Form ADV filing data as of October 2026.