# Mountaingate Management Co., LLC

> Mountaingate Management Co., LLC is an SEC-registered investment advisory firm in Denver, CO, registered since 2019, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated March 31, 2026.

- CRD: 294899
- Filed as: MOUNTAINGATE MANAGEMENT CO., LLC
- Also doing business as: KRG CAPITAL MANAGEMENT, L.P.
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Denver, CO
- Filing period: October 2026
- Form ADV filing dated: March 31, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/294899
- AdvisorCensus page: https://advisorcensus.com/firm/mountaingate-management-co-llc-denver-co-294899

## Quick answers

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

**Where is Mountaingate Management Co., LLC located?**
Mountaingate Management Co., LLC's principal office is in Denver, CO, according to its Form ADV.

**Is Mountaingate Management Co., LLC registered with the SEC or a state?**
Mountaingate Management Co., LLC is an SEC-registered investment advisory firm, registered since 2019. Status as filed: Approved. CRD 294899.

**How much does Mountaingate Management Co., LLC manage?**
Mountaingate Management Co., LLC reports $1,492,864,770 in regulatory assets under management in its Form ADV filing dated March 31, 2026 (100% discretionary).

**How have Mountaingate Management Co., LLC's assets and staff changed since 2021?**
In the Form ADV data for Mountaingate Management Co., LLC: Regulatory assets under management: $565,162,666 in the October 2021 data and $1,492,864,770 in the October 2026 data, up 164%. Total employees: 18 in October 2021 and 22 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Mountaingate Management Co., LLC serve?**
By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (13).

**Does Mountaingate Management Co., 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/294899

**Does Mountaingate Management Co., LLC state an account minimum?**
Its Form ADV Part 2A brochure dated March 31, 2026 says: "A Fund, including Fund I, Fund II, and Fund III generally has a minimum investment amount of $5 million for third-party investors, and interests are offered and sold solely to qualified purchasers, accredited investors who are also qualified clients or qualified knowledgeable Mountaingate Capital personnel."

## 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 March 31, 2026)

- Account minimum: $5,000,000

> A Fund, including Fund I, Fund II, and Fund III generally has a minimum investment amount of $5 million for third-party investors, and interests are offered and sold solely to qualified purchasers, accredited investors who are also qualified clients or qualified knowledgeable Mountaingate Capital personnel.

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

### Regulatory assets under management (Item 5.F)
- Total: $1,492,864,770
- Discretionary: $1,492,864,770
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 0 | $0 |
| High net worth individuals | 0 | $0 |
| Banking or thrift institutions | 0 | $0 |
| Investment companies | 0 | $0 |
| Business development companies | 0 | $0 |
| Pooled investment vehicles (other than investment companies and business development companies) | 13 | $1,492,864,770 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 0 | $0 |
| Charitable organizations | 0 | $0 |
| State or municipal government entities (including government pension plans) | 0 | $0 |
| Other investment advisers | 0 | $0 |
| Insurance companies | 0 | $0 |
| Sovereign wealth funds and foreign official institutions | 0 | $0 |
| Corporations or other businesses not listed above | 0 | $0 |
| Other | 0 | $0 |

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

### Firm details
- Registered since: 2019 (7 years)
- Employees: 22 total, 17 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: CO
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- krgcapital.com
- mountaingate.com
- Instagram @mountaingatecapital
- LinkedIn @mountaingate-capital

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $565,162,666 | 18 | August 2, 2021 |
| October 2022 | $832,780,642 | 20 | March 31, 2022 |
| October 2023 | $864,553,628 | 20 | August 18, 2023 |
| October 2024 | $904,521,458 | 22 | June 12, 2024 |
| October 2025 | $1,454,515,757 | 22 | March 30, 2025 |
| October 2026 | $1,492,864,770 | 22 | March 31, 2026 |

Regulatory assets under management: $565,162,666 in the October 2021 data and $1,492,864,770 in the October 2026 data, up 164%.
Total employees: 18 in October 2021 and 22 in October 2026.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Mountaingate Management Co., LLC (CRD 294899): Form ADV filing data as of October 2026.