# Penserra Capital Management LLC

> Penserra Capital Management LLC is an SEC-registered investment advisory firm in Orinda, CA, registered since 2014, reporting over $5 billion in regulatory assets under management in its Form ADV filing dated March 10, 2026.

- CRD: 159042
- Filed as: PENSERRA CAPITAL MANAGEMENT LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Orinda, CA
- Filing period: October 2026
- Form ADV filing dated: March 10, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/159042
- AdvisorCensus page: https://advisorcensus.com/firm/penserra-capital-management-llc-orinda-ca-159042

## Quick answers

**How is Penserra Capital Management LLC compensated?**
On its Form ADV (Item 5.E, October 2026), Penserra Capital Management LLC reports these compensation arrangements: a percentage of assets under its management; fixed fees (other than subscription fees). The amounts are in Item 5 of its Form ADV Part 2A brochure.

**Where is Penserra Capital Management LLC located?**
Penserra Capital Management LLC's principal office is in Orinda, CA, according to its Form ADV; the April 2026 filing also lists 2 other offices (Schedule D, Section 1.F).

**Is Penserra Capital Management LLC registered with the SEC or a state?**
Penserra Capital Management LLC is an SEC-registered investment advisory firm, registered since 2014. Status as filed: Approved. CRD 159042.

**How much does Penserra Capital Management LLC manage?**
Penserra Capital Management LLC reports $17,500,000,000 in regulatory assets under management in its Form ADV filing dated March 10, 2026 (100% discretionary).

**How have Penserra Capital Management LLC's assets and staff changed since 2021?**
In the Form ADV data for Penserra Capital Management LLC: Regulatory assets under management: $5,290,000,000 in the October 2021 data and $17,500,000,000 in the October 2026 data, up 231%. Total employees: 10 in October 2021 and 16 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Penserra Capital Management LLC serve?**
By number of clients on Form ADV Item 5.D: investment companies (49).

**Does Penserra Capital Management LLC 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/159042

**What changed in Penserra Capital Management LLC's recent Form ADV filings?**
In the April 2026 filing data: Regulatory assets under management went from $11,500,000,000 to $17,500,000,000 (+52%).

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management
- Fixed fees (other than subscription fees)

### Regulatory assets under management (Item 5.F)
- Total: $17,500,000,000
- Discretionary: $17,500,000,000
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Investment companies | 49 | $17,500,000,000 |

### Advisory services (Item 5.G)
- Portfolio management for investment companies (and business development companies)

### Firm details
- Registered since: 2014 (11 years)
- Employees: 16 total, 7 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: CA, NY
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Other offices (Schedule D, Section 1.F), as of the April 2026 filing
- Chicago, IL
- New York, NY

### Websites listed on Form ADV (Item 1.I)
- penserra.com
- penserracapital.com

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $5,290,000,000 | 10 | October 1, 2021 |
| October 2022 | $5,885,000,000 | 10 | March 31, 2022 |
| October 2023 | $5,816,000,000 | 12 | March 27, 2023 |
| October 2024 | $11,439,000,000 | 14 | July 22, 2024 |
| October 2025 | $11,500,000,000 | 16 | July 21, 2025 |
| October 2026 | $17,500,000,000 | 16 | March 10, 2026 |

Regulatory assets under management: $5,290,000,000 in the October 2021 data and $17,500,000,000 in the October 2026 data, up 231%.
Total employees: 10 in October 2021 and 16 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Regulatory assets under management went from $11,500,000,000 to $17,500,000,000 (+52%).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Penserra Capital Management LLC (CRD 159042): Form ADV filing data as of October 2026.