# Painswick Capital Management LP

> Painswick Capital Management LP is an SEC-registered investment advisory firm in New York, NY, registered since 2024, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated July 9, 2026.

- CRD: 333644
- Filed as: PAINSWICK CAPITAL MANAGEMENT LP
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: New York, NY
- Filing period: October 2026
- Form ADV filing dated: July 9, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/333644
- AdvisorCensus page: https://advisorcensus.com/firm/painswick-capital-management-lp-new-york-ny-333644

## Quick answers

**How is Painswick Capital Management LP compensated?**
On its Form ADV (Item 5.E, October 2026), Painswick Capital Management LP reports these compensation arrangements: a percentage of assets under its management; performance-based fees.

**Where is Painswick Capital Management LP located?**
Painswick Capital Management LP's principal office is in New York, NY, according to its Form ADV.

**Is Painswick Capital Management LP registered with the SEC or a state?**
Painswick Capital Management LP is an SEC-registered investment advisory firm, registered since 2024. Status as filed: Approved. CRD 333644.

**How much does Painswick Capital Management LP manage?**
Painswick Capital Management LP reports $1,585,653,781 in regulatory assets under management in its Form ADV filing dated July 9, 2026 (100% discretionary).

**How have Painswick Capital Management LP's assets and staff changed since 2025?**
In the Form ADV data for Painswick Capital Management LP: Regulatory assets under management: $511,150,000 in the October 2025 data and $1,585,653,781 in the October 2026 data, up 210%. Total employees: 3 in October 2025 and 6 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Painswick 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).

**Does Painswick 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/333644

**Does Painswick Capital Management LP state an account minimum?**
Its Form ADV Part 2A brochure dated March 30, 2026 says: "Each Client generally has certain stated minimum commitment amounts (generally $2 million) for an investor to be able to invest; however, in each case, the Adviser is entitled to waive in its sole discretion the required minimum commitment amount and expects to do so in certain cases now or in the future."

**What changed in Painswick Capital Management LP's recent Form ADV filings?**
In the April 2026 filing data: Regulatory assets under management went from $511,150,000 to $1,585,653,781 (+210%). Employees performing advisory functions went from 3 to 5.

## From the Form ADV filing

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

### Fees and minimums (Form ADV Part 2A brochure dated March 30, 2026)

- Account minimum: $2,000,000 (the brochure says it may be waived or negotiated)

> Each Client generally has certain stated minimum commitment amounts (generally $2 million) for an investor to be able to invest; however, in each case, the Adviser is entitled to waive in its sole discretion the required minimum commitment amount and expects to do so in certain cases now or in the future.

As stated in the firm's brochure. Fees can differ by service and may be negotiable.

### Regulatory assets under management (Item 5.F)
- Total: $1,585,653,781
- Discretionary: $1,585,653,781
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 0 | $0 |
| High net worth individuals | 0 | $0 |
| Banking or thrift institutions | 0 | $0 |
| Investment companies | 0 | $0 |
| Business development companies | 0 | $0 |
| Pooled investment vehicles (other than investment companies and business development companies) | 3 | $1,585,653,781 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 0 | $0 |
| Charitable organizations | 0 | $0 |
| State or municipal government entities (including government pension plans) | 0 | $0 |
| Other investment advisers | 0 | $0 |
| Insurance companies | 0 | $0 |
| Sovereign wealth funds and foreign official institutions | 0 | $0 |
| Corporations or other businesses not listed above | 0 | $0 |
| Other | 0 | $0 |

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

### Firm details
- Registered since: 2024 (1 year)
- Employees: 6 total, 5 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)
- [painswickcapital.com](https://painswickcapital.com)
- LinkedIn @painswick-capital

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2025 | $511,150,000 | 3 | May 22, 2025 |
| October 2026 | $1,585,653,781 | 6 | July 9, 2026 |

Regulatory assets under management: $511,150,000 in the October 2025 data and $1,585,653,781 in the October 2026 data, up 210%.
Total employees: 3 in October 2025 and 6 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Regulatory assets under management went from $511,150,000 to $1,585,653,781 (+210%).
- Employees performing advisory functions went from 3 to 5.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Painswick Capital Management LP (CRD 333644): Form ADV filing data as of October 2026.
