# Phoenician Resources

> Phoenician Resources is an SEC-registered investment advisory firm in New York, NY, registered since 2019, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated March 30, 2026.

- CRD: 304953
- Filed as: PHOENICIAN RESOURCES
- Legal name: Phoenician Resources Fund Sponsor, LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: New York, NY
- Filing period: October 2026
- Form ADV filing dated: March 30, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/304953
- AdvisorCensus page: https://advisorcensus.com/firm/phoenician-resources-new-york-ny-304953

## Quick answers

**How is Phoenician Resources compensated?**
On its Form ADV (Item 5.E, October 2026), Phoenician Resources 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 Phoenician Resources located?**
Phoenician Resources' principal office is in New York, NY, according to its Form ADV; the April 2026 filing also lists 1 other office (Schedule D, Section 1.F).

**Is Phoenician Resources registered with the SEC or a state?**
Phoenician Resources is an SEC-registered investment advisory firm, registered since 2019. Status as filed: Approved. CRD 304953.

**How much does Phoenician Resources manage?**
Phoenician Resources reports $332,170,094 in regulatory assets under management in its Form ADV filing dated March 30, 2026 (100% discretionary).

**How have Phoenician Resources' assets and staff changed since 2021?**
In the Form ADV data for Phoenician Resources: Regulatory assets under management: $359,918,000 in the October 2021 data and $332,170,094 in the October 2026 data, down 8%. Total employees: 10 in October 2021 and 6 in October 2026. Assets under management move with markets as well as with clients coming and going.

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

**Does Phoenician Resources 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/304953

**What changed in Phoenician Resources' recent Form ADV filings?**
In the April 2026 filing data: Employees performing advisory functions went from 6 to 5. Regulatory assets under management went from $413,742,862 to $332,170,094 (-20%).

## From the Form ADV filing

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

### Regulatory assets under management (Item 5.F)
- Total: $332,170,094
- Discretionary: $332,170,094
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Pooled investment vehicles (other than investment companies and business development companies) | 3 | $332,170,094 |

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

### Firm details
- Registered since: 2019 (7 years)
- Employees: 6 total, 5 performing advisory functions
- Wrap fee program participation: No
- 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
- Houston, TX

### Websites listed on Form ADV (Item 1.I)
- phoenicianres.com
- LinkedIn @phoenician-resources

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $359,918,000 | 10 | May 17, 2021 |
| October 2022 | $414,998,000 | 7 | May 31, 2022 |
| October 2023 | $419,864,000 | 6 | August 10, 2023 |
| October 2024 | $437,695,348 | 7 | March 19, 2024 |
| October 2025 | $413,742,862 | 7 | March 25, 2025 |
| October 2026 | $332,170,094 | 6 | March 30, 2026 |

Regulatory assets under management: $359,918,000 in the October 2021 data and $332,170,094 in the October 2026 data, down 8%.
Total employees: 10 in October 2021 and 6 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Employees performing advisory functions went from 6 to 5.
- Regulatory assets under management went from $413,742,862 to $332,170,094 (-20%).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Phoenician Resources (CRD 304953): Form ADV filing data as of October 2026.