# Jones Road Capital Management, L.P.

> Jones Road Capital Management, L.P. is an SEC-registered investment advisory firm in New York, NY, registered since 2018, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated March 26, 2026.

- CRD: 296822
- Filed as: JONES ROAD CAPITAL MANAGEMENT, L.P.
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: New York, NY
- Filing period: October 2026
- Form ADV filing dated: March 26, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/296822
- AdvisorCensus page: https://advisorcensus.com/firm/jones-road-capital-management-l-p-new-york-ny-296822

## Quick answers

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

**Where is Jones Road Capital Management, L.P. located?**
Jones Road Capital Management, L.P.'s principal office is in New York, NY, according to its Form ADV.

**Is Jones Road Capital Management, L.P. registered with the SEC or a state?**
Jones Road Capital Management, L.P. is an SEC-registered investment advisory firm, registered since 2018. Status as filed: Approved. CRD 296822.

**How much does Jones Road Capital Management, L.P. manage?**
Jones Road Capital Management, L.P. reports $350,447,784 in regulatory assets under management in its Form ADV filing dated March 26, 2026 (100% discretionary).

**How have Jones Road Capital Management, L.P.'s assets and staff changed since 2021?**
In the Form ADV data for Jones Road Capital Management, L.P.: Regulatory assets under management: $557,981,000 in the October 2021 data and $350,447,784 in the October 2026 data, down 37%. Total employees: 7 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 Jones Road Capital Management, L.P. serve?**
By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (4).

**Does Jones Road Capital Management, L.P. 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/296822

**What changed in Jones Road Capital Management, L.P.'s recent Form ADV filings?**
In the April 2026 filing data: Regulatory assets under management went from $493,493,803 to $350,447,784 (-29%).

## 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: $350,447,784
- Discretionary: $350,447,784
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Pooled investment vehicles (other than investment companies and business development companies) | 4 | $350,447,784 |

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

### Firm details
- Registered since: 2018 (7 years)
- Employees: 6 total, 4 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)
- jonesroad.com

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $557,981,000 | 7 | March 31, 2021 |
| October 2022 | $510,769,000 | 8 | March 29, 2022 |
| October 2023 | $506,873,000 | 7 | March 30, 2023 |
| October 2024 | $569,469,000 | 8 | September 26, 2024 |
| October 2025 | $493,493,803 | 6 | March 24, 2025 |
| October 2026 | $350,447,784 | 6 | March 26, 2026 |

Regulatory assets under management: $557,981,000 in the October 2021 data and $350,447,784 in the October 2026 data, down 37%.
Total employees: 7 in October 2021 and 6 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Regulatory assets under management went from $493,493,803 to $350,447,784 (-29%).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Jones Road Capital Management, L.P. (CRD 296822): Form ADV filing data as of October 2026.