# Northwall Capital LLP

> Northwall Capital LLP is an SEC-registered investment advisory firm in London, United Kingdom, registered since 2021, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated March 30, 2026.

- CRD: 298653
- Filed as: NORTHWALL CAPITAL LLP
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: London, United Kingdom
- Filing period: October 2026
- Form ADV filing dated: March 30, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/298653
- AdvisorCensus page: https://advisorcensus.com/firm/northwall-capital-llp-london-298653

## Quick answers

**How is Northwall Capital LLP compensated?**
On its Form ADV (Item 5.E, October 2026), Northwall Capital LLP 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 Northwall Capital LLP located?**
Northwall Capital LLP's principal office is in London, United Kingdom, according to its Form ADV.

**Is Northwall Capital LLP registered with the SEC or a state?**
Northwall Capital LLP is an SEC-registered investment advisory firm, registered since 2021. Status as filed: Approved. CRD 298653.

**How much does Northwall Capital LLP manage?**
Northwall Capital LLP reports $2,993,407,382 in regulatory assets under management in its Form ADV filing dated March 30, 2026 (99% discretionary).

**How have Northwall Capital LLP's assets and staff changed since 2021?**
In the Form ADV data for Northwall Capital LLP: Regulatory assets under management: $296,432,700 in the October 2021 data and $2,993,407,382 in the October 2026 data, up 910%. Total employees: 14 in October 2021 and 41 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Northwall Capital LLP serve?**
By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (25).

**Which custodians does Northwall Capital LLP use?**
Northwall Capital LLP's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists US Bank as a custodian holding 10% or more of its separately managed account assets.

**Does Northwall Capital LLP 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/298653

**What changed in Northwall Capital LLP's recent Form ADV filings?**
In the April 2026 filing data: Employees performing advisory functions went from 8 to 15. Regulatory assets under management went from $1,635,521,619 to $2,993,407,382 (+83%).

## From the Form ADV filing

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

### Custodians (Schedule D, Section 5.K(3))
- US Bank

Custodians holding 10% or more of the firm's separately managed account assets, as filed on Form ADV (Schedule D, Section 5.K(3)). A custodian holds client assets; it does not endorse or supervise the firm. AdvisorCensus has no relationship with any custodian.

### Regulatory assets under management (Item 5.F)
- Total: $2,993,407,382
- Discretionary: $2,961,293,413
- Non-discretionary: $32,113,969

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Pooled investment vehicles (other than investment companies and business development companies) | 25 | $2,961,293,413 |
| Other investment advisers | Fewer than 5 | $32,113,969 |

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

### Firm details
- Registered since: 2021 (5 years)
- Employees: 41 total, 15 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)
- northwallcap.com
- LinkedIn @north-wall-capital

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $296,432,700 | 14 | June 9, 2021 |
| October 2022 | $971,138,933 | 14 | September 29, 2022 |
| October 2023 | $1,162,823,395 | 23 | October 2, 2023 |
| October 2024 | $1,241,706,242 | 26 | August 9, 2024 |
| October 2025 | $1,635,521,619 | 26 | March 21, 2025 |
| October 2026 | $2,993,407,382 | 41 | March 30, 2026 |

Regulatory assets under management: $296,432,700 in the October 2021 data and $2,993,407,382 in the October 2026 data, up 910%.
Total employees: 14 in October 2021 and 41 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Employees performing advisory functions went from 8 to 15.
- Regulatory assets under management went from $1,635,521,619 to $2,993,407,382 (+83%).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Northwall Capital LLP (CRD 298653): Form ADV filing data as of October 2026.