# Ivyrock Asset Management (HK) Limited

> Ivyrock Asset Management (HK) Limited is an SEC-registered investment advisory firm in Hong Kong, Hong Kong, registered since 2021, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated September 29, 2026.

- CRD: 286174
- Filed as: IVYROCK ASSET MANAGEMENT (HK) LIMITED
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Hong Kong, Hong Kong
- Filing period: October 2026
- Form ADV filing dated: September 29, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/286174
- AdvisorCensus page: https://advisorcensus.com/firm/ivyrock-asset-management-hk-limited-hong-kong-286174

## Quick answers

**How is Ivyrock Asset Management (HK) Limited compensated?**
On its Form ADV (Item 5.E, October 2026), Ivyrock Asset Management (HK) Limited 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 Ivyrock Asset Management (HK) Limited located?**
Ivyrock Asset Management (HK) Limited's principal office is in Hong Kong, Hong Kong, according to its Form ADV.

**Is Ivyrock Asset Management (HK) Limited registered with the SEC or a state?**
Ivyrock Asset Management (HK) Limited is an SEC-registered investment advisory firm, registered since 2021. Status as filed: Approved. CRD 286174.

**How much does Ivyrock Asset Management (HK) Limited manage?**
Ivyrock Asset Management (HK) Limited reports $1,212,280,609 in regulatory assets under management in its Form ADV filing dated September 29, 2026 (100% discretionary).

**How have Ivyrock Asset Management (HK) Limited's assets and staff changed since 2021?**
In the Form ADV data for Ivyrock Asset Management (HK) Limited: Regulatory assets under management: $1,047,000,000 in the October 2021 data and $1,212,280,609 in the October 2026 data, up 16%. Total employees: 9 in October 2021 and 14 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Ivyrock Asset Management (HK) Limited serve?**
By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (3); sovereign wealth funds and foreign official institutions (1).

**Which custodians does Ivyrock Asset Management (HK) Limited use?**
Ivyrock Asset Management (HK) Limited's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Citibank N.A. New York Branch as a custodian holding 10% or more of its separately managed account assets.

**Does Ivyrock Asset Management (HK) Limited 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/286174

**What changed in Ivyrock Asset Management (HK) Limited's recent Form ADV filings?**
In the December 2025 filing data: Regulatory assets under management went from $1,022,867,444 to $1,140,562,125 (+12%).

## 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))
- Citibank N.A. New York Branch

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: $1,212,280,609
- Discretionary: $1,212,280,609
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Pooled investment vehicles (other than investment companies and business development companies) | 3 | $1,029,128,466 |
| Sovereign wealth funds and foreign official institutions | 1 | $183,152,143 |

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

### Firm details
- Registered since: 2021 (5 years)
- Employees: 14 total, 7 performing advisory functions
- Wrap fee program participation: No
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $1,047,000,000 | 9 | September 1, 2021 |
| October 2022 | $1,235,608,399 | 10 | September 21, 2022 |
| October 2023 | $1,170,009,179 | 10 | September 22, 2023 |
| October 2024 | $1,022,867,444 | 14 | September 23, 2024 |
| October 2025 | $1,022,867,444 | 14 | September 23, 2024 |
| October 2026 | $1,212,280,609 | 14 | September 29, 2026 |

Regulatory assets under management: $1,047,000,000 in the October 2021 data and $1,212,280,609 in the October 2026 data, up 16%.
Total employees: 9 in October 2021 and 14 in October 2026.

## Changes in the filing (last 12 months)

### December 2025
- Regulatory assets under management went from $1,022,867,444 to $1,140,562,125 (+12%).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Ivyrock Asset Management (HK) Limited (CRD 286174): Form ADV filing data as of October 2026.