# Stonehill Capital Management LLC

> Stonehill Capital Management LLC is an SEC-registered investment advisory firm in New York, NY, registered since 2012, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated March 25, 2026.

- CRD: 155513
- Filed as: STONEHILL CAPITAL MANAGEMENT LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: New York, NY
- Filing period: October 2026
- Form ADV filing dated: March 25, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/155513
- AdvisorCensus page: https://advisorcensus.com/firm/stonehill-capital-management-llc-new-york-ny-155513

## Quick answers

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

**Where is Stonehill Capital Management LLC located?**
Stonehill Capital Management LLC's principal office is in New York, NY, according to its Form ADV.

**Is Stonehill Capital Management LLC registered with the SEC or a state?**
Stonehill Capital Management LLC is an SEC-registered investment advisory firm, registered since 2012. Status as filed: Approved. CRD 155513.

**How much does Stonehill Capital Management LLC manage?**
Stonehill Capital Management LLC reports $4,339,267,898 in regulatory assets under management in its Form ADV filing dated March 25, 2026 (100% discretionary).

**How have Stonehill Capital Management LLC's assets and staff changed since 2021?**
In the Form ADV data for Stonehill Capital Management LLC: Regulatory assets under management: $3,716,075,832 in the October 2021 data and $4,339,267,898 in the October 2026 data, up 17%. Total employees: 18 in October 2021 and 23 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Stonehill 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) (4).

**Does Stonehill 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/155513

**Does Stonehill Capital Management LLC state an account minimum?**
Its Form ADV Part 2A brochure dated March 25, 2026 says: "The current minimum investment in a Fund and in Seafield generally is $5 million, subject to the discretion of the Funds to accept lesser amounts or require larger amounts."

**What changed in Stonehill Capital Management LLC's recent Form ADV filings?**
In the April 2026 filing data: Employees performing advisory functions went from 12 to 13. Regulatory assets under management went from $3,739,911,819 to $4,339,267,898 (+16%).

## From the Form ADV filing

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

### Fees and minimums (Form ADV Part 2A brochure dated March 25, 2026)

- Account minimum: $5,000,000 (the brochure says it may be waived or negotiated)

> The current minimum investment in a Fund and in Seafield generally is $5 million, subject to the discretion of the Funds to accept lesser amounts or require larger amounts.

As stated in the firm's brochure. Fees can differ by service and may be negotiable.

### Regulatory assets under management (Item 5.F)
- Total: $4,339,267,898
- Discretionary: $4,339,267,898
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Pooled investment vehicles (other than investment companies and business development companies) | 4 | $4,339,267,898 |

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

### Firm details
- Registered since: 2012 (14 years)
- Employees: 23 total, 13 performing advisory functions
- Wrap fee program participation: No
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $3,716,075,832 | 18 | March 30, 2021 |
| October 2022 | $3,458,458,237 | 17 | March 25, 2022 |
| October 2023 | $3,195,465,388 | 17 | March 29, 2023 |
| October 2024 | $3,302,021,109 | 20 | March 25, 2024 |
| October 2025 | $3,739,911,819 | 23 | April 15, 2025 |
| October 2026 | $4,339,267,898 | 23 | March 25, 2026 |

Regulatory assets under management: $3,716,075,832 in the October 2021 data and $4,339,267,898 in the October 2026 data, up 17%.
Total employees: 18 in October 2021 and 23 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Employees performing advisory functions went from 12 to 13.
- Regulatory assets under management went from $3,739,911,819 to $4,339,267,898 (+16%).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Stonehill Capital Management LLC (CRD 155513): Form ADV filing data as of October 2026.