# Raven Capital Management LLC

> Raven Capital Management LLC is an SEC-registered investment advisory firm in New York, NY, registered since 2014, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated May 7, 2026.

- CRD: 164755
- Filed as: RAVEN CAPITAL MANAGEMENT LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: New York, NY
- Filing period: October 2026
- Form ADV filing dated: May 7, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/164755
- AdvisorCensus page: https://advisorcensus.com/firm/raven-capital-management-llc-new-york-ny-164755

## Quick answers

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

**How much does Raven Capital Management LLC charge?**
Its Form ADV Part 2A brochure dated May 7, 2026 states: Asset-based fee: 0.75% to 2% a year (a range, as the brochure states it). Fees can differ by service and may be negotiable; the brochure is the complete statement.

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

**Is Raven Capital Management LLC registered with the SEC or a state?**
Raven Capital Management LLC is an SEC-registered investment advisory firm, registered since 2014. Status as filed: Approved. CRD 164755.

**How much does Raven Capital Management LLC manage?**
Raven Capital Management LLC reports $139,262,557 in regulatory assets under management in its Form ADV filing dated May 7, 2026 (100% discretionary).

**How have Raven Capital Management LLC's assets and staff changed since 2021?**
In the Form ADV data for Raven Capital Management LLC: Regulatory assets under management: $899,270,491 in the October 2021 data and $139,262,557 in the October 2026 data, down 85%. Total employees: 19 in October 2021 and 23 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Raven Capital Management LLC serve?**
By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (4).

**Does Raven 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/164755

**Does Raven Capital Management LLC state an account minimum?**
Its Form ADV Part 2A brochure dated May 7, 2026 says: "The minimum investment in the Funds is generally $5,000,000."

**What changed in Raven Capital Management LLC's recent Form ADV filings?**
In the June 2026 filing data: Changed its office addresses in Santa Monica, CA.

## 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 May 7, 2026)

- Asset-based fee: 0.75% to 2% a year (a range, as the brochure states it)

> For each Advisory Client, the Adviser is paid an asset-based investment management fee ranging from 0.75% to 2.0% per annum of either the commitments or the lower of cost or fair market value of net assets/investments, applicable to each Advisory Client.

- Account minimum: $5,000,000

> The minimum investment in the Funds is generally $5,000,000.

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

### Regulatory assets under management (Item 5.F)
- Total: $139,262,557
- Discretionary: $139,262,557
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Pooled investment vehicles (other than investment companies and business development companies) | 4 | $139,262,557 |

### Advisory services (Item 5.G)
- Portfolio management for pooled investment vehicles (other than investment companies)
- Portfolio management for businesses (other than small businesses) or institutional clients

### Firm details
- Registered since: 2014 (12 years)
- Employees: 23 total, 11 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: CA, FL, NY
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Other offices (Schedule D, Section 1.F), as of the June 2026 filing
- Palm Beach Gardens, FL
- Santa Monica, CA

### Websites listed on Form ADV (Item 1.I)
- [ravencm.com](https://ravencm.com)
- LinkedIn @RAVEN-CAPITAL-MANAGEMENT

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $899,270,491 | 19 | August 13, 2021 |
| October 2022 | $1,280,640,124 | 20 | September 14, 2022 |
| October 2023 | $1,771,735,693 | 28 | August 18, 2023 |
| October 2024 | $1,636,926,063 | 25 | May 1, 2024 |
| October 2025 | $157,949,255 | 21 | July 18, 2025 |
| October 2026 | $139,262,557 | 23 | May 7, 2026 |

Regulatory assets under management: $899,270,491 in the October 2021 data and $139,262,557 in the October 2026 data, down 85%.
Total employees: 19 in October 2021 and 23 in October 2026.

## Changes in the filing (last 12 months)

### June 2026
- Changed its office addresses in Santa Monica, CA.

### April 2026
- No longer lists the business name JGJT.
- Employees performing advisory functions went from 10 to 11.
- Regulatory assets under management went from $157,949,255 to $139,262,557 (-12%).
- Registered or notice-filed in FL, NY.

### November 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. Raven Capital Management LLC (CRD 164755): Form ADV filing data as of October 2026.