# MLG Fund Manager LLC

> MLG Fund Manager LLC is an SEC-registered investment advisory firm in Brookfield, WI, registered since 2025, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated March 13, 2026.

- CRD: 335692
- Filed as: MLG FUND MANAGER LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Brookfield, WI
- Filing period: October 2026
- Form ADV filing dated: March 13, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/335692
- AdvisorCensus page: https://advisorcensus.com/firm/mlg-fund-manager-llc-brookfield-wi-335692

## Quick answers

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

**Where is MLG Fund Manager LLC located?**
MLG Fund Manager LLC's principal office is in Brookfield, WI, according to its Form ADV.

**Is MLG Fund Manager LLC registered with the SEC or a state?**
MLG Fund Manager LLC is an SEC-registered investment advisory firm, registered since 2025. Status as filed: Approved. CRD 335692.

**How much does MLG Fund Manager LLC manage?**
MLG Fund Manager LLC reports $143,562,286 in regulatory assets under management in its Form ADV filing dated March 13, 2026 (100% discretionary).

**How have MLG Fund Manager LLC's assets and staff changed since 2025?**
In the Form ADV data for MLG Fund Manager LLC: Regulatory assets under management: $0 in the October 2025 data and $143,562,286 in the October 2026 data. Total employees: 90 in October 2025 and 95 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does MLG Fund Manager LLC serve?**
By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (2).

**Does MLG Fund Manager 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/335692

**Does MLG Fund Manager LLC state an account minimum?**
Its Form ADV Part 2A brochure dated March 13, 2026 says: "The minimum investment in the Funds is generally $50,000.00 although a Fund (through its manager) can elect to accept a lesser amount in its sole discretion."

**What changed in MLG Fund Manager LLC's recent Form ADV filings?**
In the April 2026 filing data: Employees performing advisory functions went from 30 to 29.

## From the Form ADV filing

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

### Fees and minimums (Form ADV Part 2A brochure dated March 13, 2026)

- Account minimum: $50,000 (the brochure says it may be waived or negotiated)

> The minimum investment in the Funds is generally $50,000.00 although a Fund (through its manager) can elect to accept a lesser amount in its sole discretion.

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

### Regulatory assets under management (Item 5.F)
- Total: $143,562,286
- Discretionary: $143,562,286
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Pooled investment vehicles (other than investment companies and business development companies) | 2 | $143,562,286 |

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

### Firm details
- Registered since: 2025 (1 year)
- Employees: 95 total, 29 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: WI
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- mlgcapital.com
- Facebook @mlg.capital.re
- Instagram @mlgcapital.re
- LinkedIn @mlg-capital
- YouTube @mlgcapital

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2025 | $0 | 90 | April 25, 2025 |
| October 2026 | $143,562,286 | 95 | March 13, 2026 |

Regulatory assets under management: $0 in the October 2025 data and $143,562,286 in the October 2026 data.
Total employees: 90 in October 2025 and 95 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Employees performing advisory functions went from 30 to 29.

### December 2025
- Regulatory assets under management went from $0 to $146,850,453.
- Updated its list of owners and control persons (Schedule A).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. MLG Fund Manager LLC (CRD 335692): Form ADV filing data as of October 2026.