# Obion Capital Management LP

> Obion Capital Management LP is an SEC-registered investment advisory firm in Miami, FL, registered since 2024, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated March 31, 2026.

- CRD: 329954
- Filed as: OBION CAPITAL MANAGEMENT LP
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Miami, FL
- Filing period: October 2026
- Form ADV filing dated: March 31, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/329954
- AdvisorCensus page: https://advisorcensus.com/firm/obion-capital-management-lp-miami-fl-329954

## Quick answers

**How is Obion Capital Management LP compensated?**
On its Form ADV (Item 5.E, October 2026), Obion Capital Management 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 Obion Capital Management LP located?**
Obion Capital Management LP's principal office is in Miami, FL, according to its Form ADV.

**Is Obion Capital Management LP registered with the SEC or a state?**
Obion Capital Management LP is an SEC-registered investment advisory firm, registered since 2024. Status as filed: Approved. CRD 329954.

**How much does Obion Capital Management LP manage?**
Obion Capital Management LP reports $129,009,246 in regulatory assets under management in its Form ADV filing dated March 31, 2026 (100% discretionary).

**How have Obion Capital Management LP's assets and staff changed since 2024?**
In the Form ADV data for Obion Capital Management LP: Regulatory assets under management: $98,283,628 in the October 2024 data and $129,009,246 in the October 2026 data, up 31%. Total employees: 4 in October 2024 and 4 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Obion Capital Management LP serve?**
By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (3).

**Which custodians does Obion Capital Management LP use?**
Obion Capital Management LP's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Morgan Stanley & Co. LLC as a custodian holding 10% or more of its separately managed account assets.

**Does Obion Capital Management 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/329954

**What changed in Obion Capital Management LP's recent Form ADV filings?**
In the April 2026 filing data: Regulatory assets under management went from $100,909,738 to $129,009,246 (+28%). 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

### Custodians (Schedule D, Section 5.K(3))
- Morgan Stanley & Co. LLC

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: $129,009,246
- Discretionary: $129,009,246
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Pooled investment vehicles (other than investment companies and business development companies) | 3 | $68,819,100 |
| Other | Fewer than 5 | $60,190,146 |

### 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

### Firm details
- Registered since: 2024 (2 years)
- Employees: 4 total, 2 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)
- obioncapital.com

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2024 | $98,283,628 | 4 | July 19, 2024 |
| October 2025 | $100,909,738 | 4 | June 2, 2025 |
| October 2026 | $129,009,246 | 4 | March 31, 2026 |

Regulatory assets under management: $98,283,628 in the October 2024 data and $129,009,246 in the October 2026 data, up 31%.
Total employees: 4 in October 2024 and 4 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Regulatory assets under management went from $100,909,738 to $129,009,246 (+28%).
- Updated its list of owners and control persons (Schedule A).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Obion Capital Management LP (CRD 329954): Form ADV filing data as of October 2026.