# MSA Power Funds LLC

> MSA Power Funds LLC is an SEC-registered investment advisory firm in New York, NY, registered since 2023, reporting under $25 million in regulatory assets under management in its Form ADV filing dated March 25, 2026.

- CRD: 326791
- Filed as: MSA POWER FUNDS LLC
- Also doing business as: COREVALUES ALPHA
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: New York, NY
- Filing period: October 2026
- Form ADV filing dated: March 25, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/326791
- AdvisorCensus page: https://advisorcensus.com/firm/msa-power-funds-llc-new-york-ny-326791

## Quick answers

**How is MSA Power Funds LLC compensated?**
On its Form ADV (Item 5.E, October 2026), MSA Power Funds LLC reports these compensation arrangements: a percentage of assets under its management. The amounts are in Item 5 of its Form ADV Part 2A brochure.

**Where is MSA Power Funds LLC located?**
MSA Power Funds LLC's principal office is in New York, NY, according to its Form ADV.

**Is MSA Power Funds LLC registered with the SEC or a state?**
MSA Power Funds LLC is an SEC-registered investment advisory firm, registered since 2023. Status as filed: Approved. CRD 326791.

**How much does MSA Power Funds LLC manage?**
MSA Power Funds LLC reports $3,000,000 in regulatory assets under management in its Form ADV filing dated March 25, 2026 (100% discretionary).

**How have MSA Power Funds LLC's assets and staff changed since 2023?**
In the Form ADV data for MSA Power Funds LLC: Regulatory assets under management: $7,400,000 in the October 2024 data and $3,000,000 in the October 2026 data, down 59%. Total employees: 1 in October 2023 and 2 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does MSA Power Funds LLC serve?**
By number of clients on Form ADV Item 5.D: investment companies (2).

**Does MSA Power Funds 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/326791

**What changed in MSA Power Funds LLC's recent Form ADV filings?**
In the April 2026 filing data: Regulatory assets under management went from $8,190,000 to $3,000,000 (-63%).

## From the Form ADV filing

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

### Regulatory assets under management (Item 5.F)
- Total: $3,000,000
- Discretionary: $3,000,000
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Investment companies | 2 | $3,000,000 |

### Advisory services (Item 5.G)
- Portfolio management for investment companies (and business development companies)

### Firm details
- Registered since: 2023 (3 years)
- Employees: 2 total, 2 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: NY
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- [cvafunds.com](https://cvafunds.com)
- LinkedIn @core-values-alpha

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2023 | Not reported | 1 | August 22, 2023 |
| October 2024 | $7,400,000 | 3 | March 25, 2024 |
| October 2025 | $8,190,000 | 2 | March 24, 2025 |
| October 2026 | $3,000,000 | 2 | March 25, 2026 |

Regulatory assets under management: $7,400,000 in the October 2024 data and $3,000,000 in the October 2026 data, down 59%.
Total employees: 1 in October 2023 and 2 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Regulatory assets under management went from $8,190,000 to $3,000,000 (-63%).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. MSA Power Funds LLC (CRD 326791): Form ADV filing data as of October 2026.