{ "crd_number": 157212, "slug": "mhr-fund-management-llc-new-york-ny-157212", "primary_business_name": "MHR FUND MANAGEMENT LLC", "legal_name": "MHR FUND MANAGEMENT LLC", "dbas": [], "city": "New York", "state": "NY", "country": "United States", "cbsa_code": "35620", "metro": { "cbsa_code": "35620", "common_name": "New York", "msa_name": "New York-Newark-Jersey City, NY-NJ", "path": "/advisors/ny/new-york" }, "registration_type": "sec", "registration_status": "Approved", "registration_date": "2012-03-30", "years_registered": 14, "period": "2026-10-01", "filing_date": "2026-03-31", "carried_forward": false, "raum_total": 5257089094.0, "raum_discretionary": 5257089094.0, "raum_non_discretionary": 0.0, "raum_band": "over_5b", "raum_band_label": "Over $5 billion", "total_employees": 21, "advisory_employees": 13, "client_count_bucket": null, "clients_by_type": { "pooled_investment_vehicles": { "raum": 5257089094.0, "count": 13 } }, "compensation_types": [ "other", "percentage_of_aum", "performance_based" ], "advisory_activities": [ "portfolio_management_pooled_vehicles" ], "wrap_fee_participant": false, "disclosure_yes_count": 0, "states_registered": [ "NY" ], "websites": [ "https://linkedin.com/company/mhr-fund-management-llc", "https://mhrfund.com" ], "iapd_url": "https://adviserinfo.sec.gov/firm/summary/157212", "city_as_filed": "NEW YORK", "url": "https://advisorcensus.com/firm/mhr-fund-management-llc-new-york-ny-157212", "display_name": "MHR Fund Management LLC", "summary": "MHR Fund Management LLC is an SEC-registered investment advisory firm in New York, NY, registered since 2012, reporting over $5 billion in regulatory assets under management in its Form ADV filing dated March 31, 2026.", "citation": "AdvisorCensus. MHR Fund Management LLC (CRD 157212): Form ADV filing data as of October 2026.", "registration_type_label": "SEC-registered investment adviser", "compensation_labels": [ "A percentage of assets under your management", "Performance-based fees", "Other" ], "advisory_activity_labels": [ "Portfolio management for pooled investment vehicles (other than investment companies)" ], "quick_answers": [ { "q": "How is MHR Fund Management LLC compensated?", "a": "On its Form ADV (Item 5.E, October 2026), MHR Fund Management LLC reports these compensation arrangements: a percentage of assets under its management; performance-based fees; other. The amounts are in Item 5 of its Form ADV Part 2A brochure." }, { "q": "Where is MHR Fund Management LLC located?", "a": "MHR Fund Management LLC's principal office is in New York, NY, according to its Form ADV." }, { "q": "Is MHR Fund Management LLC registered with the SEC or a state?", "a": "MHR Fund Management LLC is an SEC-registered investment advisory firm, registered since 2012. Status as filed: Approved. CRD 157212." }, { "q": "How much does MHR Fund Management LLC manage?", "a": "MHR Fund Management LLC reports $5,257,089,094 in regulatory assets under management in its Form ADV filing dated March 31, 2026 (100% discretionary)." }, { "q": "How have MHR Fund Management LLC's assets and staff changed since 2021?", "a": "In the Form ADV data for MHR Fund Management LLC: Regulatory assets under management: $5,574,470,087 in the October 2021 data and $5,257,089,094 in the October 2026 data, down 6%. Total employees: 24 in October 2021 and 21 in October 2026. Assets under management move with markets as well as with clients coming and going." }, { "q": "What types of clients does MHR Fund Management LLC serve?", "a": "By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (13)." }, { "q": "Does MHR Fund Management LLC report any disciplinary disclosures?", "a": "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/157212" }, { "q": "What changed in MHR Fund Management LLC's recent Form ADV filings?", "a": "In the April 2026 filing data: Updated its list of owners and control persons (Schedule A)." } ], "filing_history": [ { "period": "2021-10-01", "regulatory_assets_under_management": 5574470087.0, "total_employees": 24, "filing_date": "2021-07-12" }, { "period": "2022-10-01", "regulatory_assets_under_management": 5565099687.0, "total_employees": 24, "filing_date": "2022-03-31" }, { "period": "2023-10-01", "regulatory_assets_under_management": 5316263000.0, "total_employees": 23, "filing_date": "2023-03-31" }, { "period": "2024-10-01", "regulatory_assets_under_management": 5343310835.0, "total_employees": 22, "filing_date": "2024-03-28" }, { "period": "2025-10-01", "regulatory_assets_under_management": 5150446643.0, "total_employees": 22, "filing_date": "2025-03-28" }, { "period": "2026-10-01", "regulatory_assets_under_management": 5257089094.0, "total_employees": 21, "filing_date": "2026-03-31" } ], "recent_changes": [ { "period": "2026-04-01", "period_label": "April 2026", "notes": [ "Updated its list of owners and control persons (Schedule A)." ] } ], "fees_from_brochure": null, "custodians": [], "custodians_note": null, "markdown_url": "https://advisorcensus.com/firm/mhr-fund-management-llc-new-york-ny-157212.md", "clients": [ { "type": "pooled_investment_vehicles", "label": "Pooled investment vehicles (other than investment companies and business development companies)", "count": 13, "fewer_than_5": false, "raum": 5257089094.0 } ], "disclosure_line": "Reports no disclosure items on Form ADV Item 11.", "disclosure_items": [], "indexable": true, "suppressed": false, "claimed": false, "enhanced": false, "provided_by_the_firm": null, "source": { "name": "Form ADV", "as_of": "2026-10-01", "iapd_url": "https://adviserinfo.sec.gov/firm/summary/157212", "operator": "BH Monitor Services, LLC", "license": "https://creativecommons.org/licenses/by/4.0/", "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data" } }