# NEO-Criterion Capital Limited

> NEO-Criterion Capital Limited is an SEC-registered investment advisory firm in Hong Kong, Hong Kong, registered since 2016, reporting $25 million to $100 million in regulatory assets under management in its Form ADV filing dated March 27, 2026.

- CRD: 282377
- Filed as: NEO-CRITERION CAPITAL LIMITED
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Hong Kong, Hong Kong
- Filing period: October 2026
- Form ADV filing dated: March 27, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/282377
- AdvisorCensus page: https://advisorcensus.com/firm/neo-criterion-capital-limited-hong-kong-282377

## Quick answers

**How is NEO-Criterion Capital Limited compensated?**
On its Form ADV (Item 5.E, October 2026), NEO-Criterion Capital Limited 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 NEO-Criterion Capital Limited located?**
NEO-Criterion Capital Limited's principal office is in Hong Kong, Hong Kong, according to its Form ADV; the April 2026 filing also lists 1 other office (Schedule D, Section 1.F).

**Is NEO-Criterion Capital Limited registered with the SEC or a state?**
NEO-Criterion Capital Limited is an SEC-registered investment advisory firm, registered since 2016. Status as filed: Approved. CRD 282377.

**How much does NEO-Criterion Capital Limited manage?**
NEO-Criterion Capital Limited reports $31,821,660 in regulatory assets under management in its Form ADV filing dated March 27, 2026 (100% discretionary).

**How have NEO-Criterion Capital Limited's assets and staff changed since 2021?**
In the Form ADV data for NEO-Criterion Capital Limited: Regulatory assets under management: $3,604,676,609 in the October 2021 data and $31,821,660 in the October 2026 data, down 99%. Total employees: 21 in October 2021 and 8 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does NEO-Criterion Capital Limited serve?**
By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (1).

**Does NEO-Criterion Capital Limited 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/282377

**What changed in NEO-Criterion Capital Limited's recent Form ADV filings?**
In the April 2026 filing data: No longer lists an office in Hong Kong. Updated its list of owners and control persons (Schedule A).

## 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: $31,821,660
- Discretionary: $31,821,660
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Pooled investment vehicles (other than investment companies and business development companies) | 1 | $31,821,660 |

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

### Firm details
- Registered since: 2016 (10 years)
- Employees: 8 total, 5 performing advisory functions
- Wrap fee program participation: No
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Other offices (Schedule D, Section 1.F), as of the April 2026 filing
- Shanghai

### Websites listed on Form ADV (Item 1.I)
- [neo-criterion.com/en](https://neo-criterion.com/en)

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $3,604,676,609 | 21 | April 22, 2021 |
| October 2022 | $2,573,231,237 | 21 | March 24, 2022 |
| October 2023 | $1,252,639,777 | 20 | March 23, 2023 |
| October 2024 | $35,864,223 | 11 | March 6, 2024 |
| October 2025 | $32,439,115 | 7 | February 5, 2025 |
| October 2026 | $31,821,660 | 8 | March 27, 2026 |

Regulatory assets under management: $3,604,676,609 in the October 2021 data and $31,821,660 in the October 2026 data, down 99%.
Total employees: 21 in October 2021 and 8 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- No longer lists an office in Hong Kong.
- Updated its list of owners and control persons (Schedule A).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. NEO-Criterion Capital Limited (CRD 282377): Form ADV filing data as of October 2026.