# MAN Capital Management LLC

> MAN Capital Management LLC is an SEC-registered investment advisory firm in New York, NY, registered since 2009, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated July 30, 2026.

- CRD: 146110
- Filed as: MAN CAPITAL MANAGEMENT LLC
- Also doing business as: MAN GROUP
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: New York, NY
- Filing period: October 2026
- Form ADV filing dated: July 30, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/146110
- AdvisorCensus page: https://advisorcensus.com/firm/man-capital-management-llc-new-york-ny-146110

## Quick answers

**How is MAN Capital Management LLC compensated?**
On its Form ADV (Item 5.E, October 2026), MAN 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 MAN Capital Management LLC located?**
MAN Capital Management LLC's principal office is in New York, NY, according to its Form ADV.

**Is MAN Capital Management LLC registered with the SEC or a state?**
MAN Capital Management LLC is an SEC-registered investment advisory firm, registered since 2009. Status as filed: Approved. CRD 146110.

**How much does MAN Capital Management LLC manage?**
MAN Capital Management LLC reports $130,817,886 in regulatory assets under management in its Form ADV filing dated July 30, 2026 (100% discretionary).

**How have MAN Capital Management LLC's assets and staff changed since 2021?**
In the Form ADV data for MAN Capital Management LLC: Regulatory assets under management: $1,414,228,709 in the October 2021 data and $130,817,886 in the October 2026 data, down 91%. Total employees: 12 in October 2021 and 13 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does MAN 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) (1).

**Does MAN Capital Management LLC report any disciplinary disclosures?**
Reports 2 disclosure items on Form ADV Item 11: yes answers to 11.D(2) (another regulator's finding of a violation) and 11.D(4) (another regulator's order in the past ten years). 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/146110

**What changed in MAN Capital Management LLC's recent Form ADV filings?**
In the August 2026 filing data: 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: $130,817,886
- Discretionary: $130,817,886
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Pooled investment vehicles (other than investment companies and business development companies) | 1 | $130,817,886 |

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

### Firm details
- Registered since: 2009 (17 years)
- Employees: 13 total, 8 performing advisory functions
- Wrap fee program participation: No
- Disclosures (Item 11): Reports 2 disclosure items 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?
- 11.D(4): In the past ten years, has another federal regulator, a state regulator, or a foreign financial regulator entered an order against the firm or an advisory affiliate in connection with investment-related activity?

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/146110

### Websites listed on Form ADV (Item 1.I)
- man.com

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $1,414,228,709 | 12 | May 6, 2021 |
| October 2022 | $584,670,559 | 13 | July 20, 2022 |
| October 2023 | $543,229,919 | 12 | September 26, 2023 |
| October 2024 | $469,629,740 | 15 | March 28, 2024 |
| October 2025 | $256,620,285 | 15 | March 28, 2025 |
| October 2026 | $130,817,886 | 13 | July 30, 2026 |

Regulatory assets under management: $1,414,228,709 in the October 2021 data and $130,817,886 in the October 2026 data, down 91%.
Total employees: 12 in October 2021 and 13 in October 2026.

## Changes in the filing (last 12 months)

### August 2026
- Updated its list of owners and control persons (Schedule A).

### May 2026
- Regulatory assets under management went from $110,044,354 to $130,817,886 (+19%).

### April 2026
- Regulatory assets under management went from $256,620,285 to $110,044,354 (-57%).
- Employees performing advisory functions went from 10 to 8.

### February 2026
- Changed its legal name from Silvermine Capital Management, LLC to MAN Capital Management LLC.

### November 2025
- Updated its list of owners and control persons (Schedule A).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. MAN Capital Management LLC (CRD 146110): Form ADV filing data as of October 2026.