# HOT Creek Capital, L.L.C.

> HOT Creek Capital, L.L.C. is an SEC-registered investment advisory firm in Kirkland, WA, registered since 2022, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated February 5, 2026.

- CRD: 162371
- Filed as: HOT CREEK CAPITAL, L.L.C.
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Kirkland, WA
- Filing period: October 2026
- Form ADV filing dated: February 5, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/162371
- AdvisorCensus page: https://advisorcensus.com/firm/hot-creek-capital-l-l-c-kirkland-wa-162371

## Quick answers

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

**Where is HOT Creek Capital, L.L.C. located?**
HOT Creek Capital, L.L.C.'s principal office is in Kirkland, WA, according to its Form ADV.

**Is HOT Creek Capital, L.L.C. registered with the SEC or a state?**
HOT Creek Capital, L.L.C. is an SEC-registered investment advisory firm, registered since 2022. Status as filed: Approved. CRD 162371.

**How much does HOT Creek Capital, L.L.C. manage?**
HOT Creek Capital, L.L.C. reports $135,671,655 in regulatory assets under management in its Form ADV filing dated February 5, 2026 (100% discretionary).

**How have HOT Creek Capital, L.L.C.'s assets and staff changed since 2022?**
In the Form ADV data for HOT Creek Capital, L.L.C.: Regulatory assets under management: $120,368,537 in the October 2022 data and $135,671,655 in the October 2026 data, up 13%. Total employees: 2 in October 2022 and 2 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does HOT Creek Capital, L.L.C. serve?**
By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (1).

**Does HOT Creek Capital, L.L.C. 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/162371

**Does HOT Creek Capital, L.L.C. state an account minimum?**
Its Form ADV Part 2A brochure dated February 5, 2026 says: "The minimum initial investment or commitment of $500,000 is generally required. However, Hot Creek has the discretion to decrease or waive the minimum initial investment or commitment as long"

## 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 February 5, 2026)

- Account minimum: $500,000 (the brochure says it may be waived or negotiated)

> The minimum initial investment or commitment of $500,000 is generally required. However, Hot Creek has the discretion to decrease or waive the minimum initial investment or commitment as long

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

### Regulatory assets under management (Item 5.F)
- Total: $135,671,655
- Discretionary: $135,671,655
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Pooled investment vehicles (other than investment companies and business development companies) | 1 | $135,671,655 |

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

### Firm details
- Registered since: 2022 (4 years)
- Employees: 2 total, 1 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: WA
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- [hotcreekcapital.com](https://hotcreekcapital.com)

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2022 | $120,368,537 | 2 | August 30, 2022 |
| October 2023 | $122,842,676 | 2 | January 31, 2023 |
| October 2024 | $127,028,167 | 2 | March 4, 2024 |
| October 2025 | $134,950,375 | 2 | February 18, 2025 |
| October 2026 | $135,671,655 | 2 | February 5, 2026 |

Regulatory assets under management: $120,368,537 in the October 2022 data and $135,671,655 in the October 2026 data, up 13%.
Total employees: 2 in October 2022 and 2 in October 2026.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. HOT Creek Capital, L.L.C. (CRD 162371): Form ADV filing data as of October 2026.