# Serone Capital Management LLP

> Serone Capital Management LLP is an SEC-registered investment advisory firm in London, United Kingdom, registered since 2017, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated March 26, 2026.

- CRD: 174288
- Filed as: SERONE CAPITAL MANAGEMENT LLP
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: London, United Kingdom
- Filing period: October 2026
- Form ADV filing dated: March 26, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/174288
- AdvisorCensus page: https://advisorcensus.com/firm/serone-capital-management-llp-london-174288

## Quick answers

**How is Serone Capital Management LLP compensated?**
On its Form ADV (Item 5.E, October 2026), Serone Capital Management LLP reports these compensation arrangements: a percentage of assets under its management; fixed fees (other than subscription fees); performance-based fees. The amounts are in Item 5 of its Form ADV Part 2A brochure.

**Where is Serone Capital Management LLP located?**
Serone Capital Management LLP's principal office is in London, United Kingdom, according to its Form ADV.

**Is Serone Capital Management LLP registered with the SEC or a state?**
Serone Capital Management LLP is an SEC-registered investment advisory firm, registered since 2017. Status as filed: Approved. CRD 174288.

**How much does Serone Capital Management LLP manage?**
Serone Capital Management LLP reports $2,731,118,174 in regulatory assets under management in its Form ADV filing dated March 26, 2026 (100% discretionary).

**How have Serone Capital Management LLP's assets and staff changed since 2021?**
In the Form ADV data for Serone Capital Management LLP: Regulatory assets under management: $825,330,000 in the October 2021 data and $2,731,118,174 in the October 2026 data, up 231%. Total employees: 21 in October 2021 and 41 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Serone Capital Management LLP serve?**
By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (7); other (7).

**Which custodians does Serone Capital Management LLP use?**
Serone Capital Management LLP's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Bank of New York Mellon and Morgan Stanley & Co. as custodians holding 10% or more of its separately managed account assets.

**Does Serone Capital Management LLP 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/174288

**What changed in Serone Capital Management LLP's recent Form ADV filings?**
In the April 2026 filing data: Employees performing advisory functions went from 15 to 19. Updated its list of owners and control persons (Schedule A).

## From the Form ADV filing

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

### Custodians (Schedule D, Section 5.K(3))
- Bank of New York Mellon
- Morgan Stanley & Co.

Custodians holding 10% or more of the firm's separately managed account assets, as filed on Form ADV (Schedule D, Section 5.K(3)). A custodian holds client assets; it does not endorse or supervise the firm. AdvisorCensus has no relationship with any custodian.

### Regulatory assets under management (Item 5.F)
- Total: $2,731,118,174
- Discretionary: $2,731,118,174
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Pooled investment vehicles (other than investment companies and business development companies) | 7 | $1,611,406,196 |
| Charitable organizations | Fewer than 5 | $271,975,371 |
| Insurance companies | Fewer than 5 | $461,845,115 |
| Other | 7 | $385,891,492 |

### 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: 2017 (9 years)
- Employees: 41 total, 19 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)
- serone.com
- LinkedIn @serone-capital-management-llp

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $825,330,000 | 21 | April 12, 2021 |
| October 2022 | $1,206,380,418 | 25 | February 28, 2022 |
| October 2023 | $1,488,479,716 | 28 | September 15, 2023 |
| October 2024 | $2,004,116,159 | 31 | March 27, 2024 |
| October 2025 | $2,779,955,228 | 37 | March 21, 2025 |
| October 2026 | $2,731,118,174 | 41 | March 26, 2026 |

Regulatory assets under management: $825,330,000 in the October 2021 data and $2,731,118,174 in the October 2026 data, up 231%.
Total employees: 21 in October 2021 and 41 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Employees performing advisory functions went from 15 to 19.
- Updated its list of owners and control persons (Schedule A).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Serone Capital Management LLP (CRD 174288): Form ADV filing data as of October 2026.