# Saraza Management LP

> Saraza Management LP is an SEC-registered investment advisory firm in New York, NY, registered since 2022, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated September 1, 2026.

- CRD: 317572
- Filed as: SARAZA MANAGEMENT LP
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: New York, NY
- Filing period: October 2026
- Form ADV filing dated: September 1, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/317572
- AdvisorCensus page: https://advisorcensus.com/firm/saraza-management-lp-new-york-ny-317572

## Quick answers

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

**Where is Saraza Management LP located?**
Saraza Management LP's principal office is in New York, NY, according to its Form ADV.

**Is Saraza Management LP registered with the SEC or a state?**
Saraza Management LP is an SEC-registered investment advisory firm, registered since 2022. Status as filed: Approved. CRD 317572.

**How much does Saraza Management LP manage?**
Saraza Management LP reports $366,497,757 in regulatory assets under management in its Form ADV filing dated September 1, 2026 (100% discretionary).

**How have Saraza Management LP's assets and staff changed since 2022?**
In the Form ADV data for Saraza Management LP: Regulatory assets under management: $1,236,965,963 in the October 2022 data and $366,497,757 in the October 2026 data, down 70%. Total employees: 6 in October 2022 and 8 in October 2026. Assets under management move with markets as well as with clients coming and going.

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

**Does Saraza 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/317572

**What changed in Saraza Management LP's recent Form ADV filings?**
In the April 2026 filing data: Regulatory assets under management went from $547,438,291 to $366,497,757 (-33%). Employees performing advisory functions went from 5 to 4.

## 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: $366,497,757
- Discretionary: $366,497,757
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Pooled investment vehicles (other than investment companies and business development companies) | 4 | $366,497,757 |

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

### Firm details
- Registered since: 2022 (4 years)
- Employees: 8 total, 4 performing advisory functions
- Wrap fee program participation: No
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

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

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2022 | $1,236,965,963 | 6 | September 7, 2022 |
| October 2023 | $1,322,962,121 | 6 | April 14, 2023 |
| October 2024 | $693,048,334 | 7 | March 5, 2024 |
| October 2025 | $547,438,291 | 8 | June 30, 2025 |
| October 2026 | $366,497,757 | 8 | September 1, 2026 |

Regulatory assets under management: $1,236,965,963 in the October 2022 data and $366,497,757 in the October 2026 data, down 70%.
Total employees: 6 in October 2022 and 8 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Regulatory assets under management went from $547,438,291 to $366,497,757 (-33%).
- Employees performing advisory functions went from 5 to 4.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Saraza Management LP (CRD 317572): Form ADV filing data as of October 2026.