{ "crd_number": 281570, "slug": "skyknight-capital-l-p-burlingame-ca-281570", "primary_business_name": "SKYKNIGHT CAPITAL, L.P.", "legal_name": "SKYKNIGHT CAPITAL, L.P.", "dbas": [], "city": "Burlingame", "state": "CA", "country": "United States", "cbsa_code": "41860", "metro": { "cbsa_code": "41860", "common_name": "San Francisco", "msa_name": "San Francisco-Oakland-Fremont, CA", "path": "/advisors/ca/san-francisco" }, "registration_type": "sec", "registration_status": "Approved", "registration_date": "2017-08-01", "years_registered": 9, "period": "2026-10-01", "filing_date": "2026-03-31", "carried_forward": false, "raum_total": 4428460525.0, "raum_discretionary": 4428460525.0, "raum_non_discretionary": 0.0, "raum_band": "1b_5b", "raum_band_label": "$1 billion to $5 billion", "total_employees": 31, "advisory_employees": 22, "client_count_bucket": null, "clients_by_type": { "pooled_investment_vehicles": { "raum": 4428460525.0, "count": 21 } }, "compensation_types": [ "percentage_of_aum", "performance_based" ], "advisory_activities": [ "portfolio_management_pooled_vehicles" ], "wrap_fee_participant": false, "disclosure_yes_count": 0, "states_registered": [ "CA", "NY" ], "websites": [ "https://linkedin.com/COMPANY/SKYKNIGHT-CAPITAL", "https://skyknightcapital.com" ], "iapd_url": "https://adviserinfo.sec.gov/firm/summary/281570", "city_as_filed": "BURLINGAME", "url": "https://advisorcensus.com/firm/skyknight-capital-l-p-burlingame-ca-281570", "display_name": "Skyknight Capital, L.P.", "summary": "Skyknight Capital, L.P. is an SEC-registered investment advisory firm in Burlingame, CA, registered since 2017, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated March 31, 2026.", "citation": "AdvisorCensus. Skyknight Capital, L.P. (CRD 281570): Form ADV filing data as of October 2026.", "registration_type_label": "SEC-registered investment adviser", "compensation_labels": [ "A percentage of assets under your management", "Performance-based fees" ], "advisory_activity_labels": [ "Portfolio management for pooled investment vehicles (other than investment companies)" ], "quick_answers": [ { "q": "How is Skyknight Capital, L.P. compensated?", "a": "On its Form ADV (Item 5.E, October 2026), Skyknight Capital, L.P. reports these compensation arrangements: a percentage of assets under its management; performance-based fees." }, { "q": "Where is Skyknight Capital, L.P. located?", "a": "Skyknight Capital, L.P.'s principal office is in Burlingame, CA, according to its Form ADV; the April 2026 filing also lists 1 other office (Schedule D, Section 1.F)." }, { "q": "Is Skyknight Capital, L.P. registered with the SEC or a state?", "a": "Skyknight Capital, L.P. is an SEC-registered investment advisory firm, registered since 2017. Status as filed: Approved. CRD 281570." }, { "q": "How much does Skyknight Capital, L.P. manage?", "a": "Skyknight Capital, L.P. reports $4,428,460,525 in regulatory assets under management in its Form ADV filing dated March 31, 2026 (100% discretionary)." }, { "q": "How have Skyknight Capital, L.P.'s assets and staff changed since 2021?", "a": "In the Form ADV data for Skyknight Capital, L.P.: Regulatory assets under management: $1,851,393,359 in the October 2021 data and $4,428,460,525 in the October 2026 data, up 139%. Total employees: 11 in October 2021 and 31 in October 2026. Assets under management move with markets as well as with clients coming and going." }, { "q": "What types of clients does Skyknight Capital, L.P. serve?", "a": "By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (21)." }, { "q": "Does Skyknight Capital, L.P. report any disciplinary disclosures?", "a": "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/281570" }, { "q": "Does Skyknight Capital, L.P. state an account minimum?", "a": "Its Form ADV Part 2A brochure dated March 31, 2026 says: \"Subject to the discretion of the Adviser to accept less, the minimum investment commitment for the Funds is $10,000,000.\"" }, { "q": "What changed in Skyknight Capital, L.P.'s recent Form ADV filings?", "a": "In the April 2026 filing data: Regulatory assets under management went from $3,997,499,698 to $4,428,460,525 (+11%). Employees performing advisory functions went from 17 to 22." } ], "filing_history": [ { "period": "2021-10-01", "regulatory_assets_under_management": 1851393359.0, "total_employees": 11, "filing_date": "2021-03-30" }, { "period": "2022-10-01", "regulatory_assets_under_management": 1962360874.0, "total_employees": 14, "filing_date": "2022-06-08" }, { "period": "2023-10-01", "regulatory_assets_under_management": 2326057808.0, "total_employees": 16, "filing_date": "2023-04-27" }, { "period": "2024-10-01", "regulatory_assets_under_management": 3549464303.0, "total_employees": 24, "filing_date": "2024-04-29" }, { "period": "2025-10-01", "regulatory_assets_under_management": 3997499698.0, "total_employees": 26, "filing_date": "2025-03-31" }, { "period": "2026-10-01", "regulatory_assets_under_management": 4428460525.0, "total_employees": 31, "filing_date": "2026-03-31" } ], "recent_changes": [ { "period": "2026-04-01", "period_label": "April 2026", "notes": [ "Regulatory assets under management went from $3,997,499,698 to $4,428,460,525 (+11%).", "Employees performing advisory functions went from 17 to 22." ] } ], "fees_from_brochure": { "source": "Form ADV Part 2A brochure dated March 31, 2026", "provided_by_the_firm": false, "tiers": [], "flat_rate": null, "stated_range": null, "stated_maximum": null, "account_minimum": "$10,000,000", "account_minimum_may_be_waived": true, "minimum_annual_fee": null, "planning_fees": [], "figures": [ { "label": "Account minimum", "statements": [ "Account minimum: $10,000,000 (the brochure says it may be waived or negotiated)" ], "quotes": [ "Subject to the discretion of the Adviser to accept less, the minimum investment commitment for the Funds is $10,000,000." ] } ], "values": { "tiers": [], "range_pct": null, "max_pct": null, "account_minimum": 10000000.0, "minimum_annual_fee": null, "planning": [] }, "quotes": [ "Subject to the discretion of the Adviser to accept less, the minimum investment commitment for the Funds is $10,000,000." ], "note": "As stated in the firm's brochure; fees can differ by service and may be negotiable." }, "custodians": [], "custodians_note": null, "markdown_url": "https://advisorcensus.com/firm/skyknight-capital-l-p-burlingame-ca-281570.md", "clients": [ { "type": "pooled_investment_vehicles", "label": "Pooled investment vehicles (other than investment companies and business development companies)", "count": 21, "fewer_than_5": false, "raum": 4428460525.0 } ], "disclosure_line": "Reports no disclosure items on Form ADV Item 11.", "disclosure_items": [], "indexable": true, "suppressed": false, "claimed": false, "enhanced": false, "provided_by_the_firm": null, "source": { "name": "Form ADV", "as_of": "2026-10-01", "iapd_url": "https://adviserinfo.sec.gov/firm/summary/281570", "operator": "BH Monitor Services, LLC", "license": "https://creativecommons.org/licenses/by/4.0/", "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data" } }