{
  "crd_number": 304230,
  "slug": "hyperion-capital-advisors-lp-new-york-ny-304230",
  "primary_business_name": "HYPERION CAPITAL ADVISORS LP",
  "legal_name": "HYPERION CAPITAL ADVISORS LP",
  "dbas": [],
  "city": "New York",
  "state": "NY",
  "country": "United States",
  "cbsa_code": "35620",
  "metro": {
    "cbsa_code": "35620",
    "common_name": "New York",
    "msa_name": "New York-Newark-Jersey City, NY-NJ",
    "path": "/advisors/ny/new-york"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2019-12-04",
  "years_registered": 6,
  "period": "2026-10-01",
  "filing_date": "2026-03-31",
  "carried_forward": false,
  "raum_total": 581252810.0,
  "raum_discretionary": 570334815.0,
  "raum_non_discretionary": 10917995.0,
  "raum_band": "500m_1b",
  "raum_band_label": "$500 million to $1 billion",
  "total_employees": 41,
  "advisory_employees": 18,
  "client_count_bucket": null,
  "clients_by_type": {
    "charitable": {
      "raum": 28494910.0,
      "count": 2
    },
    "high_net_worth_individuals": {
      "raum": 142732584.0,
      "count": 17
    },
    "pooled_investment_vehicles": {
      "raum": 367502569.0,
      "count": 9
    },
    "corporations_other_businesses": {
      "raum": 42522747.0,
      "count": 8
    }
  },
  "compensation_types": [
    "percentage_of_aum",
    "performance_based"
  ],
  "advisory_activities": [
    "portfolio_management_individuals",
    "portfolio_management_pooled_vehicles"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [
    "NY"
  ],
  "websites": [],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/304230",
  "city_as_filed": "NEW YORK",
  "url": "https://advisorcensus.com/firm/hyperion-capital-advisors-lp-new-york-ny-304230",
  "display_name": "Hyperion Capital Advisors LP",
  "summary": "Hyperion Capital Advisors LP is an SEC-registered investment advisory firm in New York, NY, registered since 2019, reporting $500 million to $1 billion in regulatory assets under management in its Form ADV filing dated March 31, 2026.",
  "citation": "AdvisorCensus. Hyperion Capital Advisors LP (CRD 304230): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management",
    "Performance-based fees"
  ],
  "advisory_activity_labels": [
    "Portfolio management for individuals and/or small businesses",
    "Portfolio management for pooled investment vehicles (other than investment companies)"
  ],
  "quick_answers": [
    {
      "q": "How is Hyperion Capital Advisors LP compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Hyperion Capital Advisors LP reports these compensation arrangements: a percentage of assets under its management; performance-based fees. The amounts are in Item 5 of its Form ADV Part 2A brochure."
    },
    {
      "q": "Where is Hyperion Capital Advisors LP located?",
      "a": "Hyperion Capital Advisors LP's principal office is in New York, NY, according to its Form ADV; the April 2026 filing also lists 1 other office (Schedule D, Section 1.F)."
    },
    {
      "q": "Is Hyperion Capital Advisors LP registered with the SEC or a state?",
      "a": "Hyperion Capital Advisors LP is an SEC-registered investment advisory firm, registered since 2019. Status as filed: Approved. CRD 304230."
    },
    {
      "q": "How much does Hyperion Capital Advisors LP manage?",
      "a": "Hyperion Capital Advisors LP reports $581,252,810 in regulatory assets under management in its Form ADV filing dated March 31, 2026 (98% discretionary)."
    },
    {
      "q": "How have Hyperion Capital Advisors LP's assets and staff changed since 2021?",
      "a": "In the Form ADV data for Hyperion Capital Advisors LP: Regulatory assets under management: $432,677,755 in the October 2021 data and $581,252,810 in the October 2026 data, up 34%. Total employees: 43 in October 2021 and 41 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does Hyperion Capital Advisors LP serve?",
      "a": "By number of clients on Form ADV Item 5.D: high net worth individuals (17); pooled investment vehicles (other than investment companies and business development companies) (9); corporations or other businesses not listed above (8)."
    },
    {
      "q": "Which custodians does Hyperion Capital Advisors LP use?",
      "a": "Hyperion Capital Advisors LP's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Pershing LLC and The Northern Trust Company as custodians holding 10% or more of its separately managed account assets."
    },
    {
      "q": "Does Hyperion Capital Advisors LP report any disciplinary disclosures?",
      "a": "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/304230"
    },
    {
      "q": "What changed in Hyperion Capital Advisors LP's recent Form ADV filings?",
      "a": "In the April 2026 filing data: Regulatory assets under management went from $505,930,014 to $581,252,810 (+15%). Updated its list of owners and control persons (Schedule A)."
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 432677755.0,
      "total_employees": 43,
      "filing_date": "2021-03-18"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 633556985.0,
      "total_employees": 50,
      "filing_date": "2022-03-30"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 427880336.0,
      "total_employees": 48,
      "filing_date": "2023-03-31"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 502862935.0,
      "total_employees": 43,
      "filing_date": "2024-03-27"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 505930014.0,
      "total_employees": 41,
      "filing_date": "2025-03-31"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 581252810.0,
      "total_employees": 41,
      "filing_date": "2026-03-31"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-04-01",
      "period_label": "April 2026",
      "notes": [
        "Regulatory assets under management went from $505,930,014 to $581,252,810 (+15%).",
        "Updated its list of owners and control persons (Schedule A)."
      ]
    }
  ],
  "fees_from_brochure": null,
  "custodians": [
    {
      "name": "Pershing LLC",
      "name_as_filed": "PERSHING LLC",
      "affiliated": false
    },
    {
      "name": "The Northern Trust Company",
      "name_as_filed": "THE NORTHERN TRUST COMPANY",
      "affiliated": false
    }
  ],
  "custodians_note": "Custodians holding 10% or more of the firm's separately managed account assets, as filed on Form ADV (Schedule D, Section 5.K(3)). A custodian holds client assets; it does not endorse or supervise the firm. AdvisorCensus has no relationship with any custodian.",
  "markdown_url": "https://advisorcensus.com/firm/hyperion-capital-advisors-lp-new-york-ny-304230.md",
  "clients": [
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 17,
      "fewer_than_5": false,
      "raum": 142732584.0
    },
    {
      "type": "pooled_investment_vehicles",
      "label": "Pooled investment vehicles (other than investment companies and business development companies)",
      "count": 9,
      "fewer_than_5": false,
      "raum": 367502569.0
    },
    {
      "type": "charitable",
      "label": "Charitable organizations",
      "count": 2,
      "fewer_than_5": false,
      "raum": 28494910.0
    },
    {
      "type": "corporations_other_businesses",
      "label": "Corporations or other businesses not listed above",
      "count": 8,
      "fewer_than_5": false,
      "raum": 42522747.0
    }
  ],
  "disclosure_line": "Reports no disclosure items on Form ADV Item 11.",
  "disclosure_items": [],
  "indexable": true,
  "suppressed": false,
  "claimed": false,
  "enhanced": false,
  "provided_by_the_firm": null,
  "source": {
    "name": "Form ADV",
    "as_of": "2026-10-01",
    "iapd_url": "https://adviserinfo.sec.gov/firm/summary/304230",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}