# 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.

- CRD: 329275
- Filed as: MAKARORA
- Legal name: Makarora Management LP
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: New York, NY
- Filing period: October 2026
- Form ADV filing dated: April 29, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/329275
- AdvisorCensus page: https://advisorcensus.com/firm/makarora-new-york-ny-329275

## Quick answers

**How 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

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

### Regulatory assets under management (Item 5.F)
- Total: $1,092,744,155
- Discretionary: $1,092,744,155
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Pooled investment vehicles (other than investment companies and business development companies) | 4 | $1,092,744,155 |

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

### Firm details
- Registered since: 2025 (1 year)
- Employees: 19 total, 12 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: MA, TX
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Other offices (Schedule D, Section 1.F), as of the May 2026 filing
- Boston, MA
- Houston, TX

### Websites listed on Form ADV (Item 1.I)
- makarora-lp.com
- LinkedIn @makarora-lp

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2024 | Not reported | Not reported | July 23, 2024 |
| October 2025 | $353,337,453 | 19 | June 2, 2025 |
| October 2026 | $1,092,744,155 | 19 | April 29, 2026 |

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.

## 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.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Makarora (CRD 329275): Form ADV filing data as of October 2026.