# Krane Capital Management, LLC

> Krane Capital Management, LLC is an SEC-registered investment advisory firm in New York, NY, registered since 2024, reporting $25 million to $100 million in regulatory assets under management in its Form ADV filing dated July 24, 2026.

- CRD: 329110
- Filed as: KRANE CAPITAL MANAGEMENT, LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: New York, NY
- Filing period: October 2026
- Form ADV filing dated: July 24, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/329110
- AdvisorCensus page: https://advisorcensus.com/firm/krane-capital-management-llc-new-york-ny-329110

## Quick answers

**How is Krane Capital Management, LLC compensated?**
On its Form ADV (Item 5.E, October 2026), Krane 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 Krane Capital Management, LLC located?**
Krane Capital Management, LLC's principal office is in New York, NY, according to its Form ADV; the April 2026 filing also lists 1 other office (Schedule D, Section 1.F).

**Is Krane Capital Management, LLC registered with the SEC or a state?**
Krane Capital Management, LLC is an SEC-registered investment advisory firm, registered since 2024. Status as filed: Approved. CRD 329110.

**How much does Krane Capital Management, LLC manage?**
Krane Capital Management, LLC reports $48,435,975 in regulatory assets under management in its Form ADV filing dated July 24, 2026 (100% discretionary).

**How have Krane Capital Management, LLC's assets and staff changed since 2024?**
In the Form ADV data for Krane Capital Management, LLC: Regulatory assets under management: $15,199,960 in the October 2024 data and $48,435,975 in the October 2026 data, up 219%. Total employees: 20 in October 2024 and 50 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Krane 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) (3).

**Does Krane Capital Management, LLC report any disciplinary disclosures?**
Reports 1 disclosure item on Form ADV Item 11: yes answers to 11.D(2) (another regulator's finding of a violation). Each question covers the firm and its advisory affiliates, and one event can produce several yes answers. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/329110

**What changed in Krane Capital Management, LLC's recent Form ADV filings?**
In the August 2026 filing data: No longer lists an office in London. 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: $48,435,975
- Discretionary: $48,435,975
- 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 | 0 | $0 |
| Business development companies | 0 | $0 |
| Pooled investment vehicles (other than investment companies and business development companies) | 3 | $48,435,975 |
| 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 pooled investment vehicles (other than investment companies)

### Firm details
- Registered since: 2024 (2 years)
- Employees: 50 total, 12 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: CA, NY
- Disclosures (Item 11): Reports 1 disclosure item on Form ADV Item 11.

### Item 11 questions answered yes
- 11.D(2): Has another federal regulator, a state regulator, or a foreign financial regulator ever found that the firm or an advisory affiliate was involved in a violation of investment-related regulations or statutes?

Each question covers the firm and its advisory affiliates: its current employees other than clerical staff, its officers, partners, and directors, and anyone who controls the firm or is controlled by it. One event can produce yes answers to several questions. SEC-registered advisers and exempt reporting advisers may leave out events more than ten years old, and may answer 11.A(2) and 11.B(2) for pending charges only. The detail of each yes answer is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/329110

### Other offices (Schedule D, Section 1.F), as of the April 2026 filing
- London

### Websites listed on Form ADV (Item 1.I)
- kranecapitalmanagement.com
- kraneshares.com/private-funds

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2024 | $15,199,960 | 20 | August 21, 2024 |
| October 2025 | $15,405,824 | 22 | March 31, 2025 |
| October 2026 | $48,435,975 | 50 | July 24, 2026 |

Regulatory assets under management: $15,199,960 in the October 2024 data and $48,435,975 in the October 2026 data, up 219%.
Total employees: 20 in October 2024 and 50 in October 2026.

## Changes in the filing (last 12 months)

### August 2026
- No longer lists an office in London.
- Updated its list of owners and control persons (Schedule A).

### April 2026
- Employees performing advisory functions went from 5 to 12.
- Regulatory assets under management went from $15,405,824 to $48,435,975 (+214%).
- No longer lists an office in San Francisco, CA.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Krane Capital Management, LLC (CRD 329110): Form ADV filing data as of October 2026.