# Hein Park Capital Management LP

> Hein Park Capital Management LP is an SEC-registered investment advisory firm in New York, NY, registered since 2019, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated August 12, 2026.

- CRD: 305550
- Filed as: HEIN PARK CAPITAL MANAGEMENT LP
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: New York, NY
- Filing period: October 2026
- Form ADV filing dated: August 12, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/305550
- AdvisorCensus page: https://advisorcensus.com/firm/hein-park-capital-management-lp-new-york-ny-305550

## Quick answers

**How is Hein Park Capital Management LP compensated?**
On its Form ADV (Item 5.E, October 2026), Hein Park Capital Management LP reports these compensation arrangements: a percentage of assets under its management; other.

**How much does Hein Park Capital Management LP charge?**
Its Form ADV Part 2A brochure dated March 26, 2026 states: Asset-based fee: 1% to 1.5% a year (a range, as the brochure states it). Fees can differ by service and may be negotiable; the brochure is the complete statement.

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

**Is Hein Park Capital Management LP registered with the SEC or a state?**
Hein Park Capital Management LP is an SEC-registered investment advisory firm, registered since 2019. Status as filed: Approved. CRD 305550.

**How much does Hein Park Capital Management LP manage?**
Hein Park Capital Management LP reports $1,928,223,000 in regulatory assets under management in its Form ADV filing dated August 12, 2026 (100% discretionary).

**How have Hein Park Capital Management LP's assets and staff changed since 2021?**
In the Form ADV data for Hein Park Capital Management LP: Regulatory assets under management: $1,428,864,166 in the October 2021 data and $1,928,223,000 in the October 2026 data, up 35%. Total employees: 11 in October 2021 and 16 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Hein Park Capital Management LP serve?**
By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (4).

**Does Hein Park Capital Management LP 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/305550

**What changed in Hein Park Capital Management LP's recent Form ADV filings?**
In the April 2026 filing data: Regulatory assets under management went from $2,478,115,000 to $1,928,223,000 (-22%).

## From the Form ADV filing

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

### Fees and minimums (Form ADV Part 2A brochure dated March 26, 2026)

- Asset-based fee: 1% to 1.5% a year (a range, as the brochure states it)

> Management fees generally are calculated and payable quarterly in advance based on a Fund’s assets on the first business day of such quarter, typically at annual rates ranging from 1% to 1.5% of the Fund’s assets.

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

### Regulatory assets under management (Item 5.F)
- Total: $1,928,223,000
- Discretionary: $1,928,223,000
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Pooled investment vehicles (other than investment companies and business development companies) | 4 | $1,928,223,000 |

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

### Firm details
- Registered since: 2019 (6 years)
- Employees: 16 total, 6 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: NY
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- [heinparkcapital.com](https://heinparkcapital.com)
- LinkedIn @hein-park-capital-management-lp

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $1,428,864,166 | 11 | March 31, 2021 |
| October 2022 | $2,005,701,110 | 13 | March 30, 2022 |
| October 2023 | $1,899,300,000 | 15 | March 30, 2023 |
| October 2024 | $2,304,131,000 | 16 | March 28, 2024 |
| October 2025 | $2,478,115,000 | 16 | March 27, 2025 |
| October 2026 | $1,928,223,000 | 16 | August 12, 2026 |

Regulatory assets under management: $1,428,864,166 in the October 2021 data and $1,928,223,000 in the October 2026 data, up 35%.
Total employees: 11 in October 2021 and 16 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Regulatory assets under management went from $2,478,115,000 to $1,928,223,000 (-22%).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Hein Park Capital Management LP (CRD 305550): Form ADV filing data as of October 2026.