# Srep Capital Management, LLC

> Srep Capital Management, LLC is an SEC-registered investment advisory firm in Greenwich, CT, registered since 2025, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated March 26, 2026.

- CRD: 296281
- Filed as: SREP CAPITAL MANAGEMENT, LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Greenwich, CT
- Filing period: October 2026
- Form ADV filing dated: March 26, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/296281
- AdvisorCensus page: https://advisorcensus.com/firm/srep-capital-management-llc-greenwich-ct-296281

## Quick answers

**How is Srep Capital Management, LLC compensated?**
On its Form ADV (Item 5.E, October 2026), Srep Capital Management, LLC reports these compensation arrangements: a percentage of assets under its management; performance-based fees; other.

**Where is Srep Capital Management, LLC located?**
Srep Capital Management, LLC's principal office is in Greenwich, CT, according to its Form ADV.

**Is Srep Capital Management, LLC registered with the SEC or a state?**
Srep Capital Management, LLC is an SEC-registered investment advisory firm, registered since 2025. Status as filed: Approved. CRD 296281.

**How much does Srep Capital Management, LLC manage?**
Srep Capital Management, LLC reports $157,898,148 in regulatory assets under management in its Form ADV filing dated March 26, 2026 (100% discretionary).

**How have Srep Capital Management, LLC's assets and staff changed since 2025?**
In the Form ADV data for Srep Capital Management, LLC: Regulatory assets under management: $155,408,048 in the October 2025 data and $157,898,148 in the October 2026 data, up 2%. Total employees: 6 in October 2025 and 4 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Srep Capital Management, LLC serve?**
By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (23).

**Does Srep Capital Management, LLC 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/296281

**What changed in Srep Capital Management, LLC's recent Form ADV filings?**
In the April 2026 filing data: Employees performing advisory functions went from 6 to 4.

## 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: $157,898,148
- Discretionary: $157,898,148
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Pooled investment vehicles (other than investment companies and business development companies) | 23 | $157,898,148 |

### 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: 2025 (1 year)
- Employees: 4 total, 4 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: CT
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- silfern.com
- LinkedIn @THESILVERFERNGROUP
- X @SILVERFERNGROUP

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2025 | $155,408,048 | 6 | April 30, 2025 |
| October 2026 | $157,898,148 | 4 | March 26, 2026 |

Regulatory assets under management: $155,408,048 in the October 2025 data and $157,898,148 in the October 2026 data, up 2%.
Total employees: 6 in October 2025 and 4 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Employees performing advisory functions went from 6 to 4.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Srep Capital Management, LLC (CRD 296281): Form ADV filing data as of October 2026.