# Prana Capital Management LP

> Prana Capital Management LP is an SEC-registered investment advisory firm in Greenwich, CT, registered since 2017, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated March 25, 2026.

- CRD: 287925
- Filed as: PRANA CAPITAL MANAGEMENT LP
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Greenwich, CT
- Filing period: October 2026
- Form ADV filing dated: March 25, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/287925
- AdvisorCensus page: https://advisorcensus.com/firm/prana-capital-management-lp-greenwich-ct-287925

## Quick answers

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

**Where is Prana Capital Management LP located?**
Prana Capital Management LP's principal office is in Greenwich, CT, according to its Form ADV.

**Is Prana Capital Management LP registered with the SEC or a state?**
Prana Capital Management LP is an SEC-registered investment advisory firm, registered since 2017. Status as filed: Approved. CRD 287925.

**How much does Prana Capital Management LP manage?**
Prana Capital Management LP reports $4,312,316,333 in regulatory assets under management in its Form ADV filing dated March 25, 2026 (100% discretionary).

**How have Prana Capital Management LP's assets and staff changed since 2021?**
In the Form ADV data for Prana Capital Management LP: Regulatory assets under management: $1,085,009,373 in the October 2021 data and $4,312,316,333 in the October 2026 data, up 297%. Total employees: 8 in October 2021 and 10 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Prana 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) (7).

**Does Prana 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/287925

**Does Prana Capital Management LP state an account minimum?**
Its Form ADV Part 2A brochure dated March 25, 2026 says: "The minimum investment in the Fund is $5,000,000, which may be reduced by the General Partner and the Offshore Feeder’s Board of Directors, each in their respective sole discretion."

**What changed in Prana Capital Management LP's recent Form ADV filings?**
In the April 2026 filing data: Regulatory assets under management went from $3,307,596,545 to $4,312,316,333 (+30%).

## 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 25, 2026)

- Account minimum: $5,000,000 (the brochure says it may be waived or negotiated)

> The minimum investment in the Fund is $5,000,000, which may be reduced by the General Partner and the Offshore Feeder’s Board of Directors, each in their respective sole discretion.

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

### Regulatory assets under management (Item 5.F)
- Total: $4,312,316,333
- Discretionary: $4,312,316,333
- 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) | 7 | $4,312,316,333 |
| 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 |

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

### Firm details
- Registered since: 2017 (9 years)
- Employees: 10 total, 7 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: CT
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- LinkedIn @prana-capital-management-lp

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $1,085,009,373 | 8 | March 30, 2021 |
| October 2022 | $1,872,305,210 | 8 | April 11, 2022 |
| October 2023 | $2,059,105,789 | 8 | April 17, 2023 |
| October 2024 | $2,562,777,731 | 10 | March 21, 2024 |
| October 2025 | $3,307,596,545 | 10 | March 26, 2025 |
| October 2026 | $4,312,316,333 | 10 | March 25, 2026 |

Regulatory assets under management: $1,085,009,373 in the October 2021 data and $4,312,316,333 in the October 2026 data, up 297%.
Total employees: 8 in October 2021 and 10 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Regulatory assets under management went from $3,307,596,545 to $4,312,316,333 (+30%).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Prana Capital Management LP (CRD 287925): Form ADV filing data as of October 2026.