# MGM Innova Cap Management LLC

> MGM Innova Cap Management LLC is an SEC-registered investment advisory firm in Miami, FL, registered since 2021, reporting $25 million to $100 million in regulatory assets under management in its Form ADV filing dated May 7, 2026.

- CRD: 301918
- Filed as: MGM INNOVA CAP MANAGEMENT LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Miami, FL
- Filing period: October 2026
- Form ADV filing dated: May 7, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/301918
- AdvisorCensus page: https://advisorcensus.com/firm/mgm-innova-cap-management-llc-miami-fl-301918

## Quick answers

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

**What does MGM Innova Cap Management LLC's brochure say about its fees?**
Its Form ADV Part 2A brochure dated May 7, 2026 states: Asset-based fee: 1.6% to 2% a year (a range, as the brochure states it). Fees can differ by service and may be negotiable; the brochure is the complete statement.

**Where is MGM Innova Cap Management LLC located?**
MGM Innova Cap Management LLC's principal office is in Miami, FL, according to its Form ADV; the June 2026 filing also lists 1 other office (Schedule D, Section 1.F).

**Is MGM Innova Cap Management LLC registered with the SEC or a state?**
MGM Innova Cap Management LLC is an SEC-registered investment advisory firm, registered since 2021. Status as filed: Approved. CRD 301918.

**How much does MGM Innova Cap Management LLC manage?**
MGM Innova Cap Management LLC reports $77,988,960 in regulatory assets under management in its Form ADV filing dated May 7, 2026 (100% discretionary).

**How have MGM Innova Cap Management LLC's assets and staff changed since 2021?**
In the Form ADV data for MGM Innova Cap Management LLC: Regulatory assets under management: $187,532,988 in the October 2021 data and $77,988,960 in the October 2026 data, down 58%. Total employees: 9 in October 2021 and 10 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does MGM Innova Cap Management LLC serve?**
By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (4).

**Does MGM Innova Cap Management 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/301918

**Does MGM Innova Cap Management LLC state an account minimum?**
Its Form ADV Part 2A brochure dated May 7, 2026 says: "The minimum investment subscription for a Private Fund is generally $1,000,000."

**What changed in MGM Innova Cap Management LLC's recent Form ADV filings?**
In the June 2026 filing data: Regulatory assets under management went from $129,084,503 to $77,988,960 (-40%).

## 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 May 7, 2026)

- Asset-based fee: 1.6% to 2% a year (a range, as the brochure states it)

> In its capacity as investment manager to the Private Funds, MGM receives an investment management fee that ranges from 1.60% to 2.00% per annum of the respective Fund’s aggregate

- Account minimum: $1,000,000

> The minimum investment subscription for a Private Fund is generally $1,000,000.

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

### Regulatory assets under management (Item 5.F)
- Total: $77,988,960
- Discretionary: $77,988,960
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Pooled investment vehicles (other than investment companies and business development companies) | 4 | $77,988,960 |

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

### Firm details
- Registered since: 2021 (5 years)
- Employees: 10 total, 6 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: FL
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Other offices (Schedule D, Section 1.F), as of the June 2026 filing
- Medellin

### Websites listed on Form ADV (Item 1.I)
- mgminnovagroup.com/capital
- Facebook @mgminnovagroup
- LinkedIn @mgm-innova-capital
- X @mgminnovagroup
- YouTube @UCAcCjrBjFZ8lQzKnsZ5cjkg

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $187,532,988 | 9 | March 30, 2021 |
| October 2022 | $162,173,829 | 9 | March 30, 2022 |
| October 2023 | $159,098,475 | 10 | May 3, 2023 |
| October 2024 | $134,254,371 | 10 | April 9, 2024 |
| October 2025 | $129,084,503 | 10 | April 4, 2025 |
| October 2026 | $77,988,960 | 10 | May 7, 2026 |

Regulatory assets under management: $187,532,988 in the October 2021 data and $77,988,960 in the October 2026 data, down 58%.
Total employees: 9 in October 2021 and 10 in October 2026.

## Changes in the filing (last 12 months)

### June 2026
- Regulatory assets under management went from $129,084,503 to $77,988,960 (-40%).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. MGM Innova Cap Management LLC (CRD 301918): Form ADV filing data as of October 2026.