# Pandion Asset Management, LP

> Pandion Asset Management, LP is an exempt reporting adviser in Houston, TX, filing reports since 2026. Exempt reporting advisers do not report regulatory assets under management on Form ADV.

- CRD: 283184
- Filed as: PANDION ASSET MANAGEMENT, LP
- Reporting status: Exempt reporting adviser (status as filed: ERA - Active)
- Location: Houston, TX
- Filing period: October 2026
- Form ADV filing dated: April 15, 2026
- Public record (IAPD): https://adviserinfo.sec.gov/firm/summary/283184
- AdvisorCensus page: https://advisorcensus.com/firm/pandion-asset-management-lp-houston-tx-283184

## Quick answers

**Where is Pandion Asset Management, LP located?**
Pandion Asset Management, LP's principal office is in Houston, TX, according to its Form ADV.

**How does Pandion Asset Management, LP report to regulators?**
Pandion Asset Management, LP is an exempt reporting adviser, filing reports since 2026. Exempt reporting advisers file a shorter Form ADV. Status as filed: ERA - Active. CRD 283184.

**How have Pandion Asset Management, LP's assets and staff changed since 2021?**
In the Form ADV data for Pandion Asset Management, LP: Regulatory assets under management: $303,582,393 in the October 2021 data and $90,064,877 in the October 2025 data, down 70%. Total employees: 5 in October 2021 and 13 in October 2025. Assets under management move with markets as well as with clients coming and going.

**Does Pandion Asset 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 public record on IAPD: https://adviserinfo.sec.gov/firm/summary/283184

**What changed in Pandion Asset Management, LP's recent Form ADV filings?**
In the March 2026 filing data: Moved from SEC registration to exempt reporting adviser status. Updated its list of owners and control persons (Schedule A).

## From the Form ADV filing

### Firm details
- Reporting since: 2026 (0 years)
- Employees: Not reported total, Not reported performing advisory functions
- Wrap fee program participation: Not reported
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- linkedin/company/pandion-asset-management
- pandionam.com
- LinkedIn @rivermet-resources

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $303,582,393 | 5 | May 14, 2021 |
| October 2022 | $256,110,595 | 4 | March 29, 2022 |
| October 2023 | $168,787,971 | 3 | August 16, 2023 |
| October 2024 | $125,234,716 | 8 | September 9, 2024 |
| October 2025 | $90,064,877 | 13 | June 26, 2025 |
| October 2026 | Not reported | Not reported | April 15, 2026 |

Regulatory assets under management: $303,582,393 in the October 2021 data and $90,064,877 in the October 2025 data, down 70%.
Total employees: 5 in October 2021 and 13 in October 2025.

## Changes in the filing (last 12 months)

### March 2026
- Moved from SEC registration to exempt reporting adviser status.
- Updated its list of owners and control persons (Schedule A).

### December 2025
- Updated its list of owners and control persons (Schedule A).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Pandion Asset Management, LP (CRD 283184): Form ADV filing data as of October 2026.