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Space Capital

New York, NYSEC-registered investment adviserCRD 287867

Filed as SPACE CAPITAL · Legal name Space Capital Management LLC

Space Capital is an SEC-registered investment advisory firm in New York, NY, registered since 2025, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated March 23, 2026.

0 years
registered since 2025
$1,168,225,834
assets under management
2 arrangements
Percentage of assets, Performance-based
None
disclosure items (Item 11)

Quick answers

From the filing

How is Space Capital compensated?

On its Form ADV (Item 5.E, October 2026), Space Capital reports these compensation arrangements: a percentage of assets under its management; performance-based fees.

Where is Space Capital located?

Space Capital's principal office is in New York, NY, according to its Form ADV.

Is Space Capital registered with the SEC or a state?

Space Capital is an SEC-registered investment advisory firm, registered since 2025. Status as filed: Approved. CRD 287867.

How much does Space Capital manage?

Space Capital reports $1,168,225,834 in regulatory assets under management in its Form ADV filing dated March 23, 2026 (100% discretionary).

What types of clients does Space Capital serve?

By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (51).

Does Space Capital 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/287867

What changed in Space Capital's recent Form ADV filings?

In the April 2026 filing data: Regulatory assets under management went from $435,759,000 to $1,168,225,834 (+168%).

From the Form ADV filing

Every figure below is as the firm filed it with regulators, as of October 2026.

How the firm is compensated

Item 5.E
  • A percentage of assets under your management
  • Performance-based fees

Item 5.E lists how the firm is compensated for its advice; Items 5.B, 6.A, and 7.A show whether its people or related companies can also earn commissions. Percentage of assets, fixed, hourly, subscription, and performance-based fees come from clients (a performance-based fee depends on investment results); commissions come with a sale or a trade, often from the company behind the product. How fees, commissions, and other arrangements differ

Fees and minimums

Form ADV Part 2A

See the firm's brochure (dated March 23, 2026) for its fees and any account minimum, on the SEC's IAPD site.

Regulatory assets under management

Item 5.F
$1,168,225,834

$1,168,225,834 as of October 2026, filing dated March 23, 2026.

Discretionary: $1,168,225,834.Non-discretionary: $0.

A measure of scale, not skill or returns. Discretionary means the firm decides trades; non-discretionary means clients approve each one. What assets under management means

Who the firm serves

Item 5.D
Pooled investment vehicles (other than investment companies and business development companies)
Clients 51 Assets $1,168,225,834 (100%)

A firm with no individual clients is an institutional manager even if it manages billions; the mix tells you whom the practice is built around.

Advisory services

Item 5.G
  • Portfolio management for pooled investment vehicles (other than investment companies)

Registration and firm details

Items 1, 2, 5
Legal name
Space Capital Management LLC
Also doing business as
SPACE CAPITAL
Registration
SEC-registered investment adviser. Status as filed: Approved.
Registered since
2025 (0 years)
Employees
Total: 6. Performing investment advisory functions: 4.
Wrap fee program participation
No.
States registered or notice-filed
1 state or jurisdiction
NY

SEC-registered investment advisers are examined by the SEC. SEC, state, and exempt registration

Disclosures

Item 11

None Reports no disclosure items on Form ADV Item 11. View on IAPD.

Item 11 asks about criminal, regulatory, and civil events involving the firm and its advisory personnel. The detail of each yes answer is on the IAPD record. Reading a firm's disclosures

Assets and staff over time

Items 5.A, 5.F
Data periodAssets under managementEmployeesFiling dated
October 2026$1,168,225,8346March 23, 2026
October 2025Not reportedNot reportedMarch 10, 2025
October 2024Not reportedNot reportedMarch 22, 2024
October 2023Not reportedNot reportedMarch 1, 2023
October 2022Not reportedNot reportedFebruary 17, 2022
October 2021Not reportedNot reportedFebruary 25, 2021

As filed in each year's data for the same month. Assets under management move with markets as well as with clients coming and going; they measure scale, not skill or returns. Most firms update these figures once a year.

Changes in the filing

Last 12 months
  1. April 2026
    • Regulatory assets under management went from $435,759,000 to $1,168,225,834 (+168%).
  2. December 2025
    • Moved from exempt reporting adviser status to SEC registration.
    • Changed its legal name from Space Investment Management, Inc. to Space Capital Management LLC.

Compared month to month from the SEC's monthly adviser data and the state compilation feed. Owners and control persons are summarized, never named.

Websites listed on Form ADV

Item 1.I
bsky.app/profile/spacecapital.combsky.app/profile/spacetalent.comspacecapital.comspacetalent.org

Source: Form ADV, as of October 2026. Values appear as filed; a value the firm did not report is shown as "Not reported."

Cite this page

AdvisorCensus. Space Capital (CRD 287867): Form ADV filing data as of October 2026.
https://advisorcensus.com/firm/space-capital-new-york-ny-287867