# HQ Capital Private Equity LLC

> HQ Capital Private Equity LLC is an SEC-registered investment advisory firm in Miami, FL, registered since 2005, reporting over $5 billion in regulatory assets under management in its Form ADV filing dated March 31, 2026.

- CRD: 134231
- Filed as: HQ CAPITAL PRIVATE EQUITY LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Miami, FL
- Filing period: October 2026
- Form ADV filing dated: March 31, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/134231
- AdvisorCensus page: https://advisorcensus.com/firm/hq-capital-private-equity-llc-miami-fl-134231

## Quick answers

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

**What does HQ Capital Private Equity LLC's brochure say about its fees?**
Its Form ADV Part 2A brochure dated March 31, 2026 states: Asset-based fee: 0.5% 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 HQ Capital Private Equity LLC located?**
HQ Capital Private Equity LLC's principal office is in Miami, FL, according to its Form ADV; the April 2026 filing also lists 4 other offices (Schedule D, Section 1.F).

**Is HQ Capital Private Equity LLC registered with the SEC or a state?**
HQ Capital Private Equity LLC is an SEC-registered investment advisory firm, registered since 2005. Status as filed: Approved. CRD 134231.

**How much does HQ Capital Private Equity LLC manage?**
HQ Capital Private Equity LLC reports $5,396,680,267 in regulatory assets under management in its Form ADV filing dated March 31, 2026 (13% discretionary).

**How have HQ Capital Private Equity LLC's assets and staff changed since 2021?**
In the Form ADV data for HQ Capital Private Equity LLC: Regulatory assets under management: $6,181,462,210 in the October 2021 data and $5,396,680,267 in the October 2026 data, down 13%. Total employees: 95 in October 2021 and 78 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does HQ Capital Private Equity LLC serve?**
By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (39); other (5); pension and profit sharing plans (but not the plan participants or government pension plans) (2).

**Does HQ Capital Private Equity LLC 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/134231

**What changed in HQ Capital Private Equity LLC's recent Form ADV filings?**
In the April 2026 filing data: Employees performing advisory functions went from 14 to 18. Regulatory assets under management went from $8,054,962,728 to $5,396,680,267 (-33%). Changed its office addresses in New York, NY. 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: 0.5% to 1.5% a year (a range, as the brochure states it)

> For its investment advisory services related to the Funds, HQ Capital receives management fees at an annual rate generally ranging from 0.50% to 1.50% (“Management Fees”).

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

### Regulatory assets under management (Item 5.F)
- Total: $5,396,680,267
- Discretionary: $690,397,298
- Non-discretionary: $4,706,282,969

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Pooled investment vehicles (other than investment companies and business development companies) | 39 | $3,261,273,979 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 2 | $1,226,751,250 |
| Insurance companies | 2 | $273,658,375 |
| Corporations or other businesses not listed above | 2 | $184,115,604 |
| Other | 5 | $450,881,059 |

### Advisory services (Item 5.G)
- Portfolio management for pooled investment vehicles (other than investment companies)
- Portfolio management for businesses (other than small businesses) or institutional clients
- Educational seminars/workshops

### Firm details
- Registered since: 2005 (21 years)
- Employees: 78 total, 18 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: FL, 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
- Bad Homburg
- New York, NY
- Singapore
- Victoria City

### Websites listed on Form ADV (Item 1.I)
- hqcapital.com/en
- LinkedIn @hq-capital

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $6,181,462,210 | 95 | March 31, 2021 |
| October 2022 | $7,247,788,164 | 83 | March 31, 2022 |
| October 2023 | $7,218,881,922 | 82 | March 31, 2023 |
| October 2024 | $7,765,250,000 | 80 | August 16, 2024 |
| October 2025 | $8,054,962,728 | 76 | July 3, 2025 |
| October 2026 | $5,396,680,267 | 78 | March 31, 2026 |

Regulatory assets under management: $6,181,462,210 in the October 2021 data and $5,396,680,267 in the October 2026 data, down 13%.
Total employees: 95 in October 2021 and 78 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Employees performing advisory functions went from 14 to 18.
- Regulatory assets under management went from $8,054,962,728 to $5,396,680,267 (-33%).
- Changed its office addresses in New York, NY.
- Updated its list of owners and control persons (Schedule A).

### November 2025
- Updated its list of owners and control persons (Schedule A).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. HQ Capital Private Equity LLC (CRD 134231): Form ADV filing data as of October 2026.