AdvisorCensus / Financial advisors / New York / New York / Night Squared LP
Night Squared LP is an SEC-registered investment advisory firm in New York, NY, registered since 2025, reporting $500 million to $1 billion in regulatory assets under management in its Form ADV filing dated May 29, 2026.
Quick answers
From the filingHow is Night Squared LP compensated?
On its Form ADV (Item 5.E, October 2026), Night Squared LP 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 Night Squared LP located?
Night Squared LP's principal office is in New York, NY, according to its Form ADV; the July 2025 filing also lists 1 other office (Schedule D, Section 1.F).
Is Night Squared LP registered with the SEC or a state?
Night Squared LP is an SEC-registered investment advisory firm, registered since 2025. Status as filed: Approved. CRD 333933.
How much does Night Squared LP manage?
Night Squared LP reports $976,077,907 in regulatory assets under management in its Form ADV filing dated May 29, 2026 (100% discretionary).
How have Night Squared LP's assets and staff changed since 2025?
In the Form ADV data for Night Squared LP: Regulatory assets under management: $355,175,209 in the October 2025 data and $976,077,907 in the October 2026 data, up 175%. Total employees: 11 in October 2025 and 14 in October 2026. Assets under management move with markets as well as with clients coming and going.
What types of clients does Night Squared LP serve?
By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (7).
Does Night Squared LP 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/333933
What changed in Night Squared LP's recent Form ADV filings?
In the April 2026 filing data: Regulatory assets under management went from $355,175,209 to $976,077,907 (+175%). Employees performing advisory functions went from 9 to 11. No longer lists an office in London.
From the Form ADV filing
Every figure below is as the firm filed it with regulators, as of October 2026.
How the firm is compensated
Item 5.E- A percentage of assets under your management
- Performance-based fees
Item 5.E lists how the firm is compensated for its advice; Items 5.B, 6.A, and 7.A show whether its people or related companies can also earn commissions. Percentage of assets, fixed, hourly, subscription, and performance-based fees come from clients (a performance-based fee depends on investment results); commissions come with a sale or a trade, often from the company behind the product. How fees, commissions, and other arrangements differ
Fees and minimums
Form ADV Part 2ASee the firm's brochure (dated May 29, 2026) for its fees and any account minimum, on the SEC's IAPD site.
Regulatory assets under management
Item 5.F$976,077,907 as of October 2026, filing dated May 29, 2026.
A measure of scale, not skill or returns. Discretionary means the firm decides trades; non-discretionary means clients approve each one. What assets under management means
Who the firm serves
Item 5.DA firm with no individual clients is an institutional manager even if it manages billions; the mix tells you whom the practice is built around.
Advisory services
Item 5.G- Portfolio management for individuals and/or small businesses
- Portfolio management for pooled investment vehicles (other than investment companies)
- Portfolio management for businesses (other than small businesses) or institutional clients
Registration and firm details
Items 1, 2, 5- Registration
- SEC-registered investment adviser. Status as filed: Approved.
- Registered since
- 2025 (1 year)
- Employees
- Total: 14. Performing investment advisory functions: 11.
- Wrap fee program participation
- No.
- Other offices (Schedule D, Section 1.F)
-
1 other office, as of the July 2025 filing
- States registered or notice-filed
- Not reported.
SEC-registered investment advisers are examined by the SEC. SEC, state, and exempt registration
Disclosures
Item 11None Reports no disclosure items on Form ADV Item 11. View on IAPD.
Item 11 asks about criminal, regulatory, and civil events involving the firm and its advisory personnel. The detail of each yes answer is on the IAPD record. Reading a firm's disclosures
Assets and staff over time
Items 5.A, 5.F| Data period | Assets under management | Employees | Filing dated |
|---|---|---|---|
| October 2026 | $976,077,907 | 14 | May 29, 2026 |
| October 2025 | $355,175,209 | 11 | June 20, 2025 |
Regulatory assets under management: $355,175,209 in the October 2025 data and $976,077,907 in the October 2026 data, up 175%.
Total employees: 11 in October 2025 and 14 in October 2026.
As filed in each year's data for the same month. Assets under management move with markets as well as with clients coming and going; they measure scale, not skill or returns. Most firms update these figures once a year.
Changes in the filing
Last 12 months- April 2026
- Regulatory assets under management went from $355,175,209 to $976,077,907 (+175%).
- Employees performing advisory functions went from 9 to 11.
- No longer lists an office in London.
Compared month to month from the SEC's monthly adviser data and the state compilation feed. Owners and control persons are summarized, never named.
Websites listed on Form ADV
Item 1.ISource: Form ADV, as of October 2026. Values appear as filed; a value the firm did not report is shown as "Not reported."
Cite this page
AdvisorCensus. Night Squared LP (CRD 333933): Form ADV filing data as of October 2026. https://advisorcensus.com/firm/night-squared-lp-new-york-ny-333933