# Serengeti Asset Management LP

> Serengeti Asset Management LP is an SEC-registered investment advisory firm in West Palm Beach, FL, registered since 2012, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated March 30, 2026.

- CRD: 156366
- Filed as: SERENGETI ASSET MANAGEMENT LP
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: West Palm Beach, FL
- Filing period: October 2026
- Form ADV filing dated: March 30, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/156366
- AdvisorCensus page: https://advisorcensus.com/firm/serengeti-asset-management-lp-west-palm-beach-fl-156366

## Quick answers

**How is Serengeti Asset Management LP compensated?**
On its Form ADV (Item 5.E, October 2026), Serengeti Asset Management LP 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 Serengeti Asset Management LP located?**
Serengeti Asset Management LP's principal office is in West Palm Beach, FL, according to its Form ADV; the April 2026 filing also lists 1 other office (Schedule D, Section 1.F).

**Is Serengeti Asset Management LP registered with the SEC or a state?**
Serengeti Asset Management LP is an SEC-registered investment advisory firm, registered since 2012. Status as filed: Approved. CRD 156366.

**How much does Serengeti Asset Management LP manage?**
Serengeti Asset Management LP reports $1,475,321,823 in regulatory assets under management in its Form ADV filing dated March 30, 2026 (92% discretionary).

**How have Serengeti Asset Management LP's assets and staff changed since 2021?**
In the Form ADV data for Serengeti Asset Management LP: Regulatory assets under management: $1,313,235,968 in the October 2021 data and $1,475,321,823 in the October 2026 data, up 12%. Total employees: 18 in October 2021 and 29 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Serengeti Asset Management LP serve?**
By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (52).

**Does Serengeti Asset 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/156366

**What changed in Serengeti Asset Management LP's recent Form ADV filings?**
In the April 2026 filing data: Employees performing advisory functions went from 12 to 10. Regulatory assets under management went from $1,134,684,241 to $1,475,321,823 (+30%).

## 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: $1,475,321,823
- Discretionary: $1,361,681,799
- Non-discretionary: $113,640,024

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 0 | Not reported |
| High net worth individuals | 0 | Not reported |
| Banking or thrift institutions | 0 | Not reported |
| Investment companies | 0 | Not reported |
| Business development companies | 0 | Not reported |
| Pooled investment vehicles (other than investment companies and business development companies) | 52 | $1,475,321,823 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 0 | Not reported |
| Charitable organizations | 0 | Not reported |
| State or municipal government entities (including government pension plans) | 0 | Not reported |
| Other investment advisers | 0 | Not reported |
| Insurance companies | 0 | Not reported |
| Sovereign wealth funds and foreign official institutions | 0 | Not reported |
| Corporations or other businesses not listed above | 0 | Not reported |
| Other | 0 | Not reported |

### 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: 2012 (14 years)
- Employees: 29 total, 10 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: FL, 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
- New York, NY

### Websites listed on Form ADV (Item 1.I)
- [rochefort.us](https://rochefort.us)
- [serengeti-am.com](https://serengeti-am.com)
- Facebook @SERENGETIASSET
- Instagram @SERENGETIASSET
- LinkedIn @SERENGETI-ASSET-MANAGEMENT
- LinkedIn @rochefort-management-llc
- X @SERENGETIASSET

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $1,313,235,968 | 18 | March 31, 2021 |
| October 2022 | $1,271,225,418 | 18 | April 25, 2022 |
| October 2023 | $1,152,869,672 | 18 | May 3, 2023 |
| October 2024 | $1,076,716,301 | 16 | August 7, 2024 |
| October 2025 | $1,134,684,241 | 24 | July 14, 2025 |
| October 2026 | $1,475,321,823 | 29 | March 30, 2026 |

Regulatory assets under management: $1,313,235,968 in the October 2021 data and $1,475,321,823 in the October 2026 data, up 12%.
Total employees: 18 in October 2021 and 29 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Employees performing advisory functions went from 12 to 10.
- Regulatory assets under management went from $1,134,684,241 to $1,475,321,823 (+30%).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Serengeti Asset Management LP (CRD 156366): Form ADV filing data as of October 2026.