# May River Capital

> May River Capital is an SEC-registered investment advisory firm in Chicago, IL, registered since 2017, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated March 25, 2026.

- CRD: 166007
- Filed as: MAY RIVER CAPITAL
- Legal name: May River Capital, LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Chicago, IL
- Filing period: October 2026
- Form ADV filing dated: March 25, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/166007
- AdvisorCensus page: https://advisorcensus.com/firm/may-river-capital-chicago-il-166007

## Quick answers

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

**Where is May River Capital located?**
May River Capital's principal office is in Chicago, IL, according to its Form ADV.

**Is May River Capital registered with the SEC or a state?**
May River Capital is an SEC-registered investment advisory firm, registered since 2017. Status as filed: Approved. CRD 166007.

**How much does May River Capital manage?**
May River Capital reports $1,086,608,293 in regulatory assets under management in its Form ADV filing dated March 25, 2026 (100% discretionary).

**How have May River Capital's assets and staff changed since 2021?**
In the Form ADV data for May River Capital: Regulatory assets under management: $785,896,645 in the October 2021 data and $1,086,608,293 in the October 2026 data, up 38%. Total employees: 11 in October 2021 and 19 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does May River Capital serve?**
By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (6).

**Does May River Capital 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/166007

**What changed in May River Capital's recent Form ADV filings?**
In the April 2026 filing data: Employees performing advisory functions went from 14 to 16. Regulatory assets under management went from $981,854,011 to $1,086,608,293 (+11%).

## From the Form ADV filing

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

### Regulatory assets under management (Item 5.F)
- Total: $1,086,608,293
- Discretionary: $1,086,608,293
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Pooled investment vehicles (other than investment companies and business development companies) | 6 | $1,086,608,293 |

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

### Firm details
- Registered since: 2017 (9 years)
- Employees: 19 total, 16 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: IL
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- mayrivercapital.com
- LinkedIn @may-river-capital-llc

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $785,896,645 | 11 | May 6, 2021 |
| October 2022 | $811,534,344 | 12 | May 10, 2022 |
| October 2023 | $568,395,090 | 15 | May 9, 2023 |
| October 2024 | $1,055,935,090 | 15 | April 18, 2024 |
| October 2025 | $981,854,011 | 16 | March 26, 2025 |
| October 2026 | $1,086,608,293 | 19 | March 25, 2026 |

Regulatory assets under management: $785,896,645 in the October 2021 data and $1,086,608,293 in the October 2026 data, up 38%.
Total employees: 11 in October 2021 and 19 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Employees performing advisory functions went from 14 to 16.
- Regulatory assets under management went from $981,854,011 to $1,086,608,293 (+11%).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. May River Capital (CRD 166007): Form ADV filing data as of October 2026.