{ "crd_number": 289222, "slug": "linse-capital-llc-san-juan-pr-289222", "primary_business_name": "LINSE CAPITAL LLC", "legal_name": "LINSE CAPITAL LLC", "dbas": [], "city": "San Juan", "state": "PR", "country": "United States", "cbsa_code": "41980", "metro": null, "registration_type": "sec", "registration_status": "Approved", "registration_date": "2018-02-15", "years_registered": 8, "period": "2026-10-01", "filing_date": "2026-07-30", "carried_forward": false, "raum_total": 1708821632.0, "raum_discretionary": 1708821632.0, "raum_non_discretionary": 0.0, "raum_band": "1b_5b", "raum_band_label": "$1 billion to $5 billion", "total_employees": 5, "advisory_employees": 3, "client_count_bucket": null, "clients_by_type": { "pooled_investment_vehicles": { "raum": 1708821632.0, "count": 18 } }, "compensation_types": [ "percentage_of_aum", "performance_based" ], "advisory_activities": [ "portfolio_management_pooled_vehicles" ], "wrap_fee_participant": false, "disclosure_yes_count": 0, "states_registered": [ "PR" ], "websites": [ "https://linkedin.com/company/linse-capital", "https://linsecapital.com" ], "iapd_url": "https://adviserinfo.sec.gov/firm/summary/289222", "city_as_filed": "SAN JUAN", "url": "https://advisorcensus.com/firm/linse-capital-llc-san-juan-pr-289222", "display_name": "Linse Capital LLC", "summary": "Linse Capital LLC is an SEC-registered investment advisory firm in San Juan, PR, registered since 2018, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated July 30, 2026.", "citation": "AdvisorCensus. Linse Capital LLC (CRD 289222): Form ADV filing data as of October 2026.", "registration_type_label": "SEC-registered investment adviser", "compensation_labels": [ "A percentage of assets under your management", "Performance-based fees" ], "advisory_activity_labels": [ "Portfolio management for pooled investment vehicles (other than investment companies)" ], "quick_answers": [ { "q": "How is Linse Capital LLC compensated?", "a": "On its Form ADV (Item 5.E, October 2026), Linse Capital LLC reports these compensation arrangements: a percentage of assets under its management; performance-based fees." }, { "q": "Where is Linse Capital LLC located?", "a": "Linse Capital LLC's principal office is in San Juan, PR, according to its Form ADV; the August 2026 filing also lists 1 other office (Schedule D, Section 1.F)." }, { "q": "Is Linse Capital LLC registered with the SEC or a state?", "a": "Linse Capital LLC is an SEC-registered investment advisory firm, registered since 2018. Status as filed: Approved. CRD 289222." }, { "q": "How much does Linse Capital LLC manage?", "a": "Linse Capital LLC reports $1,708,821,632 in regulatory assets under management in its Form ADV filing dated July 30, 2026 (100% discretionary)." }, { "q": "How have Linse Capital LLC's assets and staff changed since 2021?", "a": "In the Form ADV data for Linse Capital LLC: Regulatory assets under management: $2,237,991,081 in the October 2021 data and $1,708,821,632 in the October 2026 data, down 24%. Total employees: 3 in October 2021 and 5 in October 2026. Assets under management move with markets as well as with clients coming and going." }, { "q": "What types of clients does Linse Capital LLC serve?", "a": "By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (18)." }, { "q": "Does Linse Capital LLC report any disciplinary disclosures?", "a": "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/289222" }, { "q": "What changed in Linse Capital LLC's recent Form ADV filings?", "a": "In the April 2026 filing data: Regulatory assets under management went from $1,213,688,874 to $1,708,821,632 (+41%)." } ], "filing_history": [ { "period": "2021-10-01", "regulatory_assets_under_management": 2237991081.0, "total_employees": 3, "filing_date": "2021-03-30" }, { "period": "2022-10-01", "regulatory_assets_under_management": 2207069453.0, "total_employees": 1, "filing_date": "2022-04-26" }, { "period": "2023-10-01", "regulatory_assets_under_management": 1368732527.0, "total_employees": 3, "filing_date": "2023-03-30" }, { "period": "2024-10-01", "regulatory_assets_under_management": 1063878401.0, "total_employees": 5, "filing_date": "2024-06-27" }, { "period": "2025-10-01", "regulatory_assets_under_management": 1213688874.0, "total_employees": 5, "filing_date": "2025-04-22" }, { "period": "2026-10-01", "regulatory_assets_under_management": 1708821632.0, "total_employees": 5, "filing_date": "2026-07-30" } ], "recent_changes": [ { "period": "2026-04-01", "period_label": "April 2026", "notes": [ "Regulatory assets under management went from $1,213,688,874 to $1,708,821,632 (+41%)." ] } ], "fees_from_brochure": null, "custodians": [], "custodians_note": null, "markdown_url": "https://advisorcensus.com/firm/linse-capital-llc-san-juan-pr-289222.md", "clients": [ { "type": "pooled_investment_vehicles", "label": "Pooled investment vehicles (other than investment companies and business development companies)", "count": 18, "fewer_than_5": false, "raum": 1708821632.0 } ], "disclosure_line": "Reports no disclosure items on Form ADV Item 11.", "disclosure_items": [], "indexable": true, "suppressed": false, "claimed": false, "enhanced": false, "provided_by_the_firm": null, "source": { "name": "Form ADV", "as_of": "2026-10-01", "iapd_url": "https://adviserinfo.sec.gov/firm/summary/289222", "operator": "BH Monitor Services, LLC", "license": "https://creativecommons.org/licenses/by/4.0/", "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data" } }