# Ionic Capital Management LLC

> Ionic Capital Management LLC is an SEC-registered investment advisory firm in New York, NY, registered since 2011, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated August 26, 2026.

- CRD: 156400
- Filed as: IONIC CAPITAL MANAGEMENT LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: New York, NY
- Filing period: October 2026
- Form ADV filing dated: August 26, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/156400
- AdvisorCensus page: https://advisorcensus.com/firm/ionic-capital-management-llc-new-york-ny-156400

## Quick answers

**How is Ionic Capital Management LLC compensated?**
On its Form ADV (Item 5.E, October 2026), Ionic Capital Management LLC 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.

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

**Is Ionic Capital Management LLC registered with the SEC or a state?**
Ionic Capital Management LLC is an SEC-registered investment advisory firm, registered since 2011. Status as filed: Approved. CRD 156400.

**How much does Ionic Capital Management LLC manage?**
Ionic Capital Management LLC reports $3,865,359,381 in regulatory assets under management in its Form ADV filing dated August 26, 2026 (100% discretionary).

**How have Ionic Capital Management LLC's assets and staff changed since 2021?**
In the Form ADV data for Ionic Capital Management LLC: Regulatory assets under management: $2,025,663,000 in the October 2021 data and $3,865,359,381 in the October 2026 data, up 91%. Total employees: 28 in October 2021 and 34 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Ionic Capital Management LLC serve?**
By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (20); investment companies (1).

**Does Ionic Capital 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/156400

**What changed in Ionic Capital Management LLC's recent Form ADV filings?**
In the April 2026 filing data: Employees performing advisory functions went from 14 to 15. 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

### Regulatory assets under management (Item 5.F)
- Total: $3,865,359,381
- Discretionary: $3,865,359,381
- Non-discretionary: $0

### 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 | 1 | $10,372,076 |
| Business development companies | 0 | Not reported |
| Pooled investment vehicles (other than investment companies and business development companies) | 20 | $3,854,987,305 |
| 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) | 0 | $0 |
| Other investment advisers | 0 | $0 |
| Insurance companies | 0 | $0 |
| 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 investment companies (and business development companies)
- Portfolio management for pooled investment vehicles (other than investment companies)

### Firm details
- Registered since: 2011 (15 years)
- Employees: 34 total, 15 performing advisory functions
- Wrap fee program participation: No
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- ioniccap.com

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $2,025,663,000 | 28 | March 31, 2021 |
| October 2022 | $3,486,251,328 | 28 | April 1, 2022 |
| October 2023 | $3,702,865,216 | 30 | March 30, 2023 |
| October 2024 | $3,030,399,721 | 31 | August 27, 2024 |
| October 2025 | $4,101,236,265 | 31 | March 31, 2025 |
| October 2026 | $3,865,359,381 | 34 | August 26, 2026 |

Regulatory assets under management: $2,025,663,000 in the October 2021 data and $3,865,359,381 in the October 2026 data, up 91%.
Total employees: 28 in October 2021 and 34 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Employees performing advisory functions went from 14 to 15.
- Updated its list of owners and control persons (Schedule A).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Ionic Capital Management LLC (CRD 156400): Form ADV filing data as of October 2026.