# Parallaxes Capital

> Parallaxes Capital is an SEC-registered investment advisory firm in Los Angeles, CA, registered since 2021, reporting $500 million to $1 billion in regulatory assets under management in its Form ADV filing dated March 27, 2026.

- CRD: 291657
- Filed as: PARALLAXES CAPITAL
- Legal name: Parallaxes Capital Management, LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Los Angeles, CA
- Filing period: October 2026
- Form ADV filing dated: March 27, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/291657
- AdvisorCensus page: https://advisorcensus.com/firm/parallaxes-capital-los-angeles-ca-291657

## Quick answers

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

**Where is Parallaxes Capital located?**
Parallaxes Capital's principal office is in Los Angeles, CA, according to its Form ADV.

**Is Parallaxes Capital registered with the SEC or a state?**
Parallaxes Capital is an SEC-registered investment advisory firm, registered since 2021. Status as filed: Approved. CRD 291657.

**How much does Parallaxes Capital manage?**
Parallaxes Capital reports $620,823,588 in regulatory assets under management in its Form ADV filing dated March 27, 2026 (85% discretionary).

**How have Parallaxes Capital's assets and staff changed since 2021?**
In the Form ADV data for Parallaxes Capital: Regulatory assets under management: $285,998,989 in the October 2021 data and $620,823,588 in the October 2026 data, up 117%. Total employees: 4 in October 2021 and 4 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Parallaxes Capital serve?**
By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (14).

**Does Parallaxes Capital 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/291657

**Does Parallaxes Capital state an account minimum?**
Its Form ADV Part 2A brochure dated March 27, 2026 says: "The minimum investment in a Fund is typically $10,000,000 but can be waived within the sole discretion of their respective General Partners."

**What changed in Parallaxes Capital's recent Form ADV filings?**
In the April 2026 filing data: Employees performing advisory functions went from 1 to 2. Regulatory assets under management went from $499,504,425 to $620,823,588 (+24%).

## From the Form ADV filing

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

### Fees and minimums (Form ADV Part 2A brochure dated March 27, 2026)

- Account minimum: $10,000,000 (the brochure says it may be waived or negotiated)

> The minimum investment in a Fund is typically $10,000,000 but can be waived within the sole discretion of their respective General Partners.

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

### Regulatory assets under management (Item 5.F)
- Total: $620,823,588
- Discretionary: $525,549,933
- Non-discretionary: $95,273,655

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Pooled investment vehicles (other than investment companies and business development companies) | 14 | $620,823,588 |

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

### Firm details
- Registered since: 2021 (5 years)
- Employees: 4 total, 2 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: NY
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- parallaxescapital.com
- plxcap.com
- LinkedIn @parallaxes-capital

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $285,998,989 | 4 | March 19, 2021 |
| October 2022 | $282,479,319 | 5 | April 13, 2022 |
| October 2023 | $367,250,203 | 5 | March 21, 2023 |
| October 2024 | $389,079,848 | 4 | March 24, 2024 |
| October 2025 | $499,504,425 | 2 | March 31, 2025 |
| October 2026 | $620,823,588 | 4 | March 27, 2026 |

Regulatory assets under management: $285,998,989 in the October 2021 data and $620,823,588 in the October 2026 data, up 117%.
Total employees: 4 in October 2021 and 4 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Employees performing advisory functions went from 1 to 2.
- Regulatory assets under management went from $499,504,425 to $620,823,588 (+24%).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Parallaxes Capital (CRD 291657): Form ADV filing data as of October 2026.