# Indago Capital LLC

> Indago Capital LLC is an SEC-registered investment advisory firm in New York, NY, registered since 2024, reporting $500 million to $1 billion in regulatory assets under management in its Form ADV filing dated May 21, 2026.

- CRD: 330343
- Filed as: INDAGO CAPITAL LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: New York, NY
- Filing period: October 2026
- Form ADV filing dated: May 21, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/330343
- AdvisorCensus page: https://advisorcensus.com/firm/indago-capital-llc-new-york-ny-330343

## Quick answers

**How is Indago Capital LLC compensated?**
On its Form ADV (Item 5.E, October 2026), Indago Capital LLC reports these compensation arrangements: a percentage of assets under its management; performance-based fees; other. The amounts are in Item 5 of its Form ADV Part 2A brochure.

**Where is Indago Capital LLC located?**
Indago Capital LLC's principal office is in New York, NY, according to its Form ADV.

**Is Indago Capital LLC registered with the SEC or a state?**
Indago Capital LLC is an SEC-registered investment advisory firm, registered since 2024. Status as filed: Approved. CRD 330343.

**How much does Indago Capital LLC manage?**
Indago Capital LLC reports $555,892,738 in regulatory assets under management in its Form ADV filing dated May 21, 2026 (100% discretionary).

**How have Indago Capital LLC's assets and staff changed since 2024?**
In the Form ADV data for Indago Capital LLC: Regulatory assets under management: $199,920,518 in the October 2024 data and $555,892,738 in the October 2026 data, up 178%. Total employees: 6 in October 2024 and 12 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Indago Capital LLC serve?**
By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (4); other investment advisers (1).

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

**Does Indago Capital 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/330343

**What changed in Indago Capital LLC's recent Form ADV filings?**
In the April 2026 filing data: Regulatory assets under management went from $289,406,982 to $555,892,738 (+92%). Employees performing advisory functions went from 4 to 8.

## From the Form ADV filing

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

### Custodians (Schedule D, Section 5.K(3))
- US Bank

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: $555,892,738
- Discretionary: $555,892,738
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Pooled investment vehicles (other than investment companies and business development companies) | 4 | $255,928,058 |
| Other investment advisers | 1 | $299,964,680 |

### 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

### Firm details
- Registered since: 2024 (2 years)
- Employees: 12 total, 8 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)
- indagocap.com
- LinkedIn @indago-capital

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2024 | $199,920,518 | 6 | August 30, 2024 |
| October 2025 | $289,406,982 | 6 | March 31, 2025 |
| October 2026 | $555,892,738 | 12 | May 21, 2026 |

Regulatory assets under management: $199,920,518 in the October 2024 data and $555,892,738 in the October 2026 data, up 178%.
Total employees: 6 in October 2024 and 12 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Regulatory assets under management went from $289,406,982 to $555,892,738 (+92%).
- Employees performing advisory functions went from 4 to 8.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Indago Capital LLC (CRD 330343): Form ADV filing data as of October 2026.
