# Space Capital

> 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.

- CRD: 287867
- Filed as: SPACE CAPITAL
- Legal name: Space Capital Management LLC
- Also doing business as: SPACE CAPITAL
- 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/287867
- AdvisorCensus page: https://advisorcensus.com/firm/space-capital-new-york-ny-287867

## Quick answers

**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. The amounts are in Item 5 of its Form ADV Part 2A brochure.

**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

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

### Regulatory assets under management (Item 5.F)
- Total: $1,168,225,834
- Discretionary: $1,168,225,834
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Pooled investment vehicles (other than investment companies and business development companies) | 51 | $1,168,225,834 |

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

### Firm details
- Registered since: 2025 (0 years)
- Employees: 6 total, 4 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: NY
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- bsky.app/profile/spacecapital.com
- bsky.app/profile/spacetalent.com
- spacecapital.com
- spacetalent.org
- Instagram @spacecapital
- Instagram @thespacetalent
- LinkedIn @space-talent
- LinkedIn @spacecapital
- X @SpaceCapital
- X @TheSpaceTalent

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | Not reported | Not reported | February 25, 2021 |
| October 2022 | Not reported | Not reported | February 17, 2022 |
| October 2023 | Not reported | Not reported | March 1, 2023 |
| October 2024 | Not reported | Not reported | March 22, 2024 |
| October 2025 | Not reported | Not reported | March 10, 2025 |
| October 2026 | $1,168,225,834 | 6 | March 23, 2026 |


## Changes in the filing (last 12 months)

### April 2026
- Regulatory assets under management went from $435,759,000 to $1,168,225,834 (+168%).

### 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.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Space Capital (CRD 287867): Form ADV filing data as of October 2026.