# Incline Global Management, LLC

> Incline Global Management, LLC is an SEC-registered investment advisory firm in New York, NY, registered since 2012, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated March 31, 2026.

- CRD: 162607
- Filed as: INCLINE GLOBAL MANAGEMENT, LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: New York, NY
- Filing period: October 2026
- Form ADV filing dated: March 31, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/162607
- AdvisorCensus page: https://advisorcensus.com/firm/incline-global-management-llc-new-york-ny-162607

## Quick answers

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

**Where is Incline Global Management, LLC located?**
Incline Global Management, LLC'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).

**Is Incline Global Management, LLC registered with the SEC or a state?**
Incline Global Management, LLC is an SEC-registered investment advisory firm, registered since 2012. Status as filed: Approved. CRD 162607.

**How much does Incline Global Management, LLC manage?**
Incline Global Management, LLC reports $258,953,084 in regulatory assets under management in its Form ADV filing dated March 31, 2026 (100% discretionary).

**How have Incline Global Management, LLC's assets and staff changed since 2021?**
In the Form ADV data for Incline Global Management, LLC: Regulatory assets under management: $618,722,755 in the October 2021 data and $258,953,084 in the October 2026 data, down 58%. Total employees: 9 in October 2021 and 6 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Incline Global Management, LLC serve?**
By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (3); other investment advisers (1).

**Which custodians does Incline Global Management, LLC use?**
Incline Global Management, LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Marex Capital Markets Inc. as a custodian holding 10% or more of its separately managed account assets.

**Does Incline Global Management, 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/162607

**Does Incline Global Management, LLC state an account minimum?**
Its Form ADV Part 2A brochure dated March 31, 2026 says: "Generally, investors must invest a minimum dollar amount of $5,000,000; the General Partner of the Funds may waive the minimum investment amount."

**What changed in Incline Global Management, LLC's recent Form ADV filings?**
In the April 2026 filing data: Regulatory assets under management went from $187,706,351 to $258,953,084 (+38%).

## 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)

- Account minimum: $5,000,000 (the brochure says it may be waived or negotiated)

> Generally, investors must invest a minimum dollar amount of $5,000,000; the General Partner of the Funds may waive the minimum investment amount.

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

### Custodians (Schedule D, Section 5.K(3))
- Marex Capital Markets Inc.

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.

### Regulatory assets under management (Item 5.F)
- Total: $258,953,084
- Discretionary: $258,953,084
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Pooled investment vehicles (other than investment companies and business development companies) | 3 | $234,661,094 |
| Other investment advisers | 1 | $24,291,990 |

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

### Firm details
- Registered since: 2012 (14 years)
- Employees: 6 total, 3 performing advisory functions
- Wrap fee program participation: No
- 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
- Palm Beach, FL

### Websites listed on Form ADV (Item 1.I)
- inclineglobal.net

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $618,722,755 | 9 | March 31, 2021 |
| October 2022 | $681,433,109 | 9 | March 31, 2022 |
| October 2023 | $365,773,329 | 6 | March 29, 2023 |
| October 2024 | $349,210,622 | 6 | March 29, 2024 |
| October 2025 | $187,706,351 | 6 | March 27, 2025 |
| October 2026 | $258,953,084 | 6 | March 31, 2026 |

Regulatory assets under management: $618,722,755 in the October 2021 data and $258,953,084 in the October 2026 data, down 58%.
Total employees: 9 in October 2021 and 6 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Regulatory assets under management went from $187,706,351 to $258,953,084 (+38%).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Incline Global Management, LLC (CRD 162607): Form ADV filing data as of October 2026.