# Invictus Capital Partners > Invictus Capital Partners is an SEC-registered investment advisory firm in Washington, DC, registered since 2018, reporting over $5 billion in regulatory assets under management in its Form ADV filing dated August 25, 2026. - CRD: 157315 - Filed as: INVICTUS CAPITAL PARTNERS - Legal name: Invictus Capital Management, LP - Registration: SEC-registered investment adviser (status as filed: Approved) - Location: Washington, DC - Filing period: October 2026 - Form ADV filing dated: August 25, 2026 - SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/157315 - AdvisorCensus page: https://advisorcensus.com/firm/invictus-capital-partners-washington-dc-157315 ## Quick answers **How is Invictus Capital Partners compensated?** On its Form ADV (Item 5.E, October 2026), Invictus Capital Partners reports these compensation arrangements: a percentage of assets under its management; performance-based fees. **Where is Invictus Capital Partners located?** Invictus Capital Partners' principal office is in Washington, DC, according to its Form ADV. **Is Invictus Capital Partners registered with the SEC or a state?** Invictus Capital Partners is an SEC-registered investment advisory firm, registered since 2018. Status as filed: Approved. CRD 157315. **How much does Invictus Capital Partners manage?** Invictus Capital Partners reports $7,192,637,966 in regulatory assets under management in its Form ADV filing dated August 25, 2026 (90% discretionary). **How have Invictus Capital Partners' assets and staff changed since 2021?** In the Form ADV data for Invictus Capital Partners: Regulatory assets under management: $2,355,054,694 in the October 2021 data and $7,192,637,966 in the October 2026 data, up 205%. Total employees: 34 in October 2021 and 53 in October 2026. Assets under management move with markets as well as with clients coming and going. **What types of clients does Invictus Capital Partners serve?** By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (15); other investment advisers (8); insurance companies (5). **Which custodians does Invictus Capital Partners use?** Invictus Capital Partners' most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Computershare Trust Company, N.A. as a custodian holding 10% or more of its separately managed account assets. **Does Invictus Capital Partners 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/157315 **What changed in Invictus Capital Partners' recent Form ADV filings?** In the April 2026 filing data: Employees performing advisory functions went from 29 to 28. Regulatory assets under management went from $6,163,836,722 to $7,252,808,150 (+18%). 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 ### Custodians (Schedule D, Section 5.K(3)) - Computershare Trust Company, N.A. 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: $7,192,637,966 - Discretionary: $6,489,676,048 - Non-discretionary: $702,961,918 ### Clients (Item 5.D) | Client type | Clients | Assets | | --- | --- | --- | | Individuals (other than high net worth individuals) | 0 | $0 | | High net worth individuals | 0 | $0 | | Banking or thrift institutions | 0 | $0 | | Investment companies | 0 | $0 | | Business development companies | 0 | $0 | | Pooled investment vehicles (other than investment companies and business development companies) | 15 | $2,997,873,339 | | Pension and profit sharing plans (but not the plan participants or government pension plans) | 0 | $0 | | Charitable organizations | 0 | $0 | | State or municipal government entities (including government pension plans) | 1 | $1,001,384,386 | | Other investment advisers | 8 | $1,538,697,304 | | Insurance companies | 5 | $1,654,682,937 | | Sovereign wealth funds and foreign official institutions | 0 | $0 | | Corporations or other businesses not listed above | 0 | $0 | | Other | 0 | $0 | ### 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: 2018 (8 years) - Employees: 53 total, 28 performing advisory functions - Wrap fee program participation: No - States registered or notice-filed: DC - Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11. ### Websites listed on Form ADV (Item 1.I) - invictuscp.com - LinkedIn @INVICTUS-CAPITAL-PARTNERS- ## Assets and staff over time | Data period | Regulatory assets under management | Employees | Filing dated | | --- | --- | --- | --- | | October 2021 | $2,355,054,694 | 34 | March 31, 2021 | | October 2022 | $4,093,107,169 | 41 | June 7, 2022 | | October 2023 | $5,959,720,937 | 44 | May 25, 2023 | | October 2024 | $5,524,835,863 | 50 | May 6, 2024 | | October 2025 | $6,163,836,722 | 50 | May 7, 2025 | | October 2026 | $7,192,637,966 | 53 | August 25, 2026 | Regulatory assets under management: $2,355,054,694 in the October 2021 data and $7,192,637,966 in the October 2026 data, up 205%. Total employees: 34 in October 2021 and 53 in October 2026. ## Changes in the filing (last 12 months) ### April 2026 - Employees performing advisory functions went from 29 to 28. - Regulatory assets under management went from $6,163,836,722 to $7,252,808,150 (+18%). - Updated its list of owners and control persons (Schedule A). ## Source Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Invictus Capital Partners (CRD 157315): Form ADV filing data as of October 2026.