# Napier Park Global Capital Ltd

> Napier Park Global Capital Ltd is an SEC-registered investment advisory firm in London, United Kingdom, registered since 2011, reporting over $5 billion in regulatory assets under management in its Form ADV filing dated April 8, 2026.

- CRD: 157629
- Filed as: NAPIER PARK GLOBAL CAPITAL LTD
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: London, United Kingdom
- Filing period: October 2026
- Form ADV filing dated: April 8, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/157629
- AdvisorCensus page: https://advisorcensus.com/firm/napier-park-global-capital-ltd-london-157629

## Quick answers

**How is Napier Park Global Capital Ltd compensated?**
On its Form ADV (Item 5.E, October 2026), Napier Park Global Capital Ltd reports these compensation arrangements: a percentage of assets under its management; performance-based fees. The amounts are in Item 5 of its Form ADV Part 2A brochure.

**Where is Napier Park Global Capital Ltd located?**
Napier Park Global Capital Ltd's principal office is in London, United Kingdom, according to its Form ADV.

**Is Napier Park Global Capital Ltd registered with the SEC or a state?**
Napier Park Global Capital Ltd is an SEC-registered investment advisory firm, registered since 2011. Status as filed: Approved. CRD 157629.

**How much does Napier Park Global Capital Ltd manage?**
Napier Park Global Capital Ltd reports $9,216,049,708 in regulatory assets under management in its Form ADV filing dated April 8, 2026 (100% discretionary).

**How have Napier Park Global Capital Ltd's assets and staff changed since 2021?**
In the Form ADV data for Napier Park Global Capital Ltd: Regulatory assets under management: $2,704,090,780 in the October 2021 data and $9,216,049,708 in the October 2026 data, up 241%. 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 Napier Park Global Capital Ltd serve?**
By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (21).

**Does Napier Park Global Capital Ltd 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/157629

**What changed in Napier Park Global Capital Ltd's recent Form ADV filings?**
In the May 2026 filing data: Regulatory assets under management went from $3,505,889,952 to $9,216,049,708 (+163%).

## From the Form ADV filing

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

### Regulatory assets under management (Item 5.F)
- Total: $9,216,049,708
- Discretionary: $9,216,049,708
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | Not reported | $0 |
| High net worth individuals | Not reported | $0 |
| Banking or thrift institutions | Not reported | $0 |
| Investment companies | Not reported | $0 |
| Business development companies | Not reported | $0 |
| Pooled investment vehicles (other than investment companies and business development companies) | 21 | $8,815,793,718 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | Fewer than 5 | $155,992,972 |
| Charitable organizations | Not reported | $0 |
| State or municipal government entities (including government pension plans) | Fewer than 5 | $244,263,018 |
| Other investment advisers | Not reported | $0 |
| Insurance companies | Not reported | $0 |
| Sovereign wealth funds and foreign official institutions | Not reported | $0 |
| Corporations or other businesses not listed above | Not reported | $0 |
| Other | Not reported | $0 |

### Advisory services (Item 5.G)
- Portfolio management for pooled investment vehicles (other than investment companies)
- Selection of other advisers (including private fund managers)

### Firm details
- Registered since: 2011 (15 years)
- Employees: 22 total, 13 performing advisory functions
- Wrap fee program participation: No
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- napierparkglobalcapital.com
- LinkedIn @napier-park-global

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $2,704,090,780 | 18 | March 24, 2021 |
| October 2022 | $4,921,588,284 | 22 | August 29, 2022 |
| October 2023 | $4,865,602,733 | 21 | August 14, 2023 |
| October 2024 | $5,139,070,460 | 21 | March 27, 2024 |
| October 2025 | $6,550,527,816 | 21 | March 28, 2025 |
| October 2026 | $9,216,049,708 | 22 | April 8, 2026 |

Regulatory assets under management: $2,704,090,780 in the October 2021 data and $9,216,049,708 in the October 2026 data, up 241%.
Total employees: 18 in October 2021 and 22 in October 2026.

## Changes in the filing (last 12 months)

### May 2026
- Regulatory assets under management went from $3,505,889,952 to $9,216,049,708 (+163%).

### April 2026
- Item 11 disclosure answers changed: 0 yes answers, previously 4 (now no: 11.C(1), 11.C(2), 11.C(4), 11.C(5)).
- Employees performing advisory functions went from 12 to 13.
- Regulatory assets under management went from $6,550,527,816 to $3,505,889,952 (-46%).

### January 2026
- Updated its list of owners and control persons (Schedule A).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Napier Park Global Capital Ltd (CRD 157629): Form ADV filing data as of October 2026.