AdvisorCensus / Financial advisors / New York / New York / Makarora
Makarora is an SEC-registered investment advisory firm in New York, NY, registered since 2025, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated April 29, 2026.
Quick answers
From the filingHow is Makarora compensated?
On its Form ADV (Item 5.E, October 2026), Makarora reports these compensation arrangements: a percentage of assets under its management; performance-based fees.
Where is Makarora located?
Makarora's principal office is in New York, NY, according to its Form ADV; the May 2026 filing also lists 2 other offices (Schedule D, Section 1.F).
Is Makarora registered with the SEC or a state?
Makarora is an SEC-registered investment advisory firm, registered since 2025. Status as filed: Approved. CRD 329275.
How much does Makarora manage?
Makarora reports $1,092,744,155 in regulatory assets under management in its Form ADV filing dated April 29, 2026 (100% discretionary).
How have Makarora's assets and staff changed since 2024?
In the Form ADV data for Makarora: Regulatory assets under management: $353,337,453 in the October 2025 data and $1,092,744,155 in the October 2026 data, up 209%. Total employees: 19 in October 2025 and 19 in October 2026. Assets under management move with markets as well as with clients coming and going.
What types of clients does Makarora serve?
By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (4).
Does Makarora 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/329275
What changed in Makarora's recent Form ADV filings?
In the April 2026 filing data: Regulatory assets under management went from $353,337,453 to $1,092,744,155 (+209%). Employees performing advisory functions went from 13 to 12. Added an office in Boston, MA. No longer lists an office in Dedham, MA.
From the Form ADV filing
Every figure below is as the firm filed it with regulators, as of October 2026.
How the firm is compensated
Item 5.E- A percentage of assets under your management
- Performance-based fees
Item 5.E lists how the firm is compensated for its advice; Items 5.B, 6.A, and 7.A show whether its people or related companies can also earn commissions. Percentage of assets, fixed, hourly, subscription, and performance-based fees come from clients (a performance-based fee depends on investment results); commissions come with a sale or a trade, often from the company behind the product. How fees, commissions, and other arrangements differ
Fees and minimums
Form ADV Part 2ASee the firm's brochure (dated March 27, 2026) for its fees and any account minimum, on the SEC's IAPD site.
Regulatory assets under management
Item 5.F$1,092,744,155 as of October 2026, filing dated April 29, 2026.
A measure of scale, not skill or returns. Discretionary means the firm decides trades; non-discretionary means clients approve each one. What assets under management means
Who the firm serves
Item 5.DA firm with no individual clients is an institutional manager even if it manages billions; the mix tells you whom the practice is built around.
Advisory services
Item 5.G- Portfolio management for pooled investment vehicles (other than investment companies)
Registration and firm details
Items 1, 2, 5- Legal name
- Makarora Management LP
- Registration
- SEC-registered investment adviser. Status as filed: Approved.
- Registered since
- 2025 (1 year)
- Employees
- Total: 19. Performing investment advisory functions: 12.
- Wrap fee program participation
- No.
- Other offices (Schedule D, Section 1.F)
-
2 other offices, as of the May 2026 filing
- States registered or notice-filed
-
2 states or jurisdictions
SEC-registered investment advisers are examined by the SEC. SEC, state, and exempt registration
Disclosures
Item 11None Reports no disclosure items on Form ADV Item 11. View on IAPD.
Item 11 asks about criminal, regulatory, and civil events involving the firm and its advisory personnel. The detail of each yes answer is on the IAPD record. Reading a firm's disclosures
Assets and staff over time
Items 5.A, 5.F| Data period | Assets under management | Employees | Filing dated |
|---|---|---|---|
| October 2026 | $1,092,744,155 | 19 | April 29, 2026 |
| October 2025 | $353,337,453 | 19 | June 2, 2025 |
| October 2024 | Not reported | Not reported | July 23, 2024 |
Regulatory assets under management: $353,337,453 in the October 2025 data and $1,092,744,155 in the October 2026 data, up 209%.
Total employees: 19 in October 2025 and 19 in October 2026.
As filed in each year's data for the same month. Assets under management move with markets as well as with clients coming and going; they measure scale, not skill or returns. Most firms update these figures once a year.
Changes in the filing
Last 12 months- April 2026
- Regulatory assets under management went from $353,337,453 to $1,092,744,155 (+209%).
- Employees performing advisory functions went from 13 to 12.
- Added an office in Boston, MA.
- No longer lists an office in Dedham, MA.
Compared month to month from the SEC's monthly adviser data and the state compilation feed. Owners and control persons are summarized, never named.
Websites listed on Form ADV
Item 1.ISource: Form ADV, as of October 2026. Values appear as filed; a value the firm did not report is shown as "Not reported."
Cite this page
AdvisorCensus. Makarora (CRD 329275): Form ADV filing data as of October 2026. https://advisorcensus.com/firm/makarora-new-york-ny-329275