# Soviero Asset Management, LP

> Soviero Asset Management, LP is an SEC-registered investment advisory firm in New York, NY, registered since 2021, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated March 23, 2026.

- CRD: 298418
- Filed as: SOVIERO ASSET MANAGEMENT, LP
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: New York, NY
- Filing period: October 2026
- Form ADV filing dated: March 23, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/298418
- AdvisorCensus page: https://advisorcensus.com/firm/soviero-asset-management-lp-new-york-ny-298418

## Quick answers

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

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

**Is Soviero Asset Management, LP registered with the SEC or a state?**
Soviero Asset Management, LP is an SEC-registered investment advisory firm, registered since 2021. Status as filed: Approved. CRD 298418.

**How much does Soviero Asset Management, LP manage?**
Soviero Asset Management, LP reports $267,673,684 in regulatory assets under management in its Form ADV filing dated March 23, 2026 (100% discretionary).

**How have Soviero Asset Management, LP's assets and staff changed since 2021?**
In the Form ADV data for Soviero Asset Management, LP: Regulatory assets under management: $1,488,371,730 in the October 2021 data and $267,673,684 in the October 2026 data, down 82%. Total employees: 5 in October 2021 and 6 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Soviero 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) (3).

**Does Soviero 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/298418

**What changed in Soviero Asset Management, LP's recent Form ADV filings?**
In the April 2026 filing data: Regulatory assets under management went from $179,074,298 to $267,673,684 (+49%). 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
- Performance-based fees
- Other

### Regulatory assets under management (Item 5.F)
- Total: $267,673,684
- Discretionary: $267,673,684
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Pooled investment vehicles (other than investment companies and business development companies) | 3 | $267,673,684 |

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

### Firm details
- Registered since: 2021 (5 years)
- Employees: 6 total, 5 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: FL
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- sovieroassetmanagement.com
- LinkedIn @soviero-asset-management

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $1,488,371,730 | 5 | June 28, 2021 |
| October 2022 | $542,607,895 | 6 | March 30, 2022 |
| October 2023 | $251,739,467 | 6 | March 31, 2023 |
| October 2024 | $242,181,690 | 6 | March 27, 2024 |
| October 2025 | $179,074,298 | 6 | March 28, 2025 |
| October 2026 | $267,673,684 | 6 | March 23, 2026 |

Regulatory assets under management: $1,488,371,730 in the October 2021 data and $267,673,684 in the October 2026 data, down 82%.
Total employees: 5 in October 2021 and 6 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Regulatory assets under management went from $179,074,298 to $267,673,684 (+49%).
- Updated its list of owners and control persons (Schedule A).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Soviero Asset Management, LP (CRD 298418): Form ADV filing data as of October 2026.