# Lonetree Capital, LLC

> Lonetree Capital, LLC is an SEC-registered investment advisory firm in New York, NY, registered since 2022, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated March 30, 2026.

- CRD: 321784
- Filed as: LONETREE CAPITAL, LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: New York, NY
- Filing period: October 2026
- Form ADV filing dated: March 30, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/321784
- AdvisorCensus page: https://advisorcensus.com/firm/lonetree-capital-llc-new-york-ny-321784

## Quick answers

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

**How much does Lonetree Capital, LLC charge?**
Its Form ADV Part 2A brochure dated March 30, 2026 states: Asset-based fee: 2% of assets a year. Fees can differ by service and may be negotiable; the brochure is the complete statement.

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

**Is Lonetree Capital, LLC registered with the SEC or a state?**
Lonetree Capital, LLC is an SEC-registered investment advisory firm, registered since 2022. Status as filed: Approved. CRD 321784.

**How much does Lonetree Capital, LLC manage?**
Lonetree Capital, LLC reports $229,332,608 in regulatory assets under management in its Form ADV filing dated March 30, 2026 (100% discretionary).

**How have Lonetree Capital, LLC's assets and staff changed since 2022?**
In the Form ADV data for Lonetree Capital, LLC: Regulatory assets under management: $0 in the October 2022 data and $229,332,608 in the October 2026 data. Total employees: 6 in October 2022 and 12 in October 2026. Assets under management move with markets as well as with clients coming and going.

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

**Does Lonetree Capital, 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/321784

**Does Lonetree Capital, LLC state an account minimum?**
Its Form ADV Part 2A brochure dated March 30, 2026 says: "We have no minimum fund size requirement."

**What changed in Lonetree Capital, LLC's recent Form ADV filings?**
In the April 2026 filing data: Employees performing advisory functions went from 6 to 7.

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management
- Performance-based fees

### Fees and minimums (Form ADV Part 2A brochure dated March 30, 2026)

- Asset-based fee: 2% of assets a year

> our annual management fee for management of the Fund(s) will be equivalent to two percent (2%) of the committed capital paid quarterly in advance.

- Account minimum: None

> We have no minimum fund size requirement.

As stated in the firm's brochure. Fees can differ by service and may be negotiable.

### Regulatory assets under management (Item 5.F)
- Total: $229,332,608
- Discretionary: $229,332,608
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Pooled investment vehicles (other than investment companies and business development companies) | 5 | $229,332,608 |

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

### Firm details
- Registered since: 2022 (4 years)
- Employees: 12 total, 7 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: NY
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- [lonetreecap.com](https://lonetreecap.com)
- LinkedIn @lonetree-capital

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2022 | $0 | 6 | May 13, 2022 |
| October 2023 | $100,000,000 | 5 | September 12, 2023 |
| October 2024 | $130,000,000 | 11 | April 30, 2024 |
| October 2025 | $215,152,796 | 10 | May 5, 2025 |
| October 2026 | $229,332,608 | 12 | March 30, 2026 |

Regulatory assets under management: $0 in the October 2022 data and $229,332,608 in the October 2026 data.
Total employees: 6 in October 2022 and 12 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Employees performing advisory functions went from 6 to 7.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Lonetree Capital, LLC (CRD 321784): Form ADV filing data as of October 2026.