# Sycale Advisors

> Sycale Advisors is an SEC-registered investment advisory firm in New York, NY, registered since 2017, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated March 27, 2026.

- CRD: 168204
- Filed as: SYCALE ADVISORS
- Legal name: Sycale Advisors (NY) LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: New York, NY
- Filing period: October 2026
- Form ADV filing dated: March 27, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/168204
- AdvisorCensus page: https://advisorcensus.com/firm/sycale-advisors-new-york-ny-168204

## Quick answers

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

**Where is Sycale Advisors located?**
Sycale Advisors' principal office is in New York, NY, according to its Form ADV.

**Is Sycale Advisors registered with the SEC or a state?**
Sycale Advisors is an SEC-registered investment advisory firm, registered since 2017. Status as filed: Approved. CRD 168204.

**How much does Sycale Advisors manage?**
Sycale Advisors reports $473,119,269 in regulatory assets under management in its Form ADV filing dated March 27, 2026 (100% discretionary).

**How have Sycale Advisors' assets and staff changed since 2021?**
In the Form ADV data for Sycale Advisors: Regulatory assets under management: $424,992,468 in the October 2021 data and $473,119,269 in the October 2026 data, up 11%. Total employees: 4 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 Sycale Advisors serve?**
By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (9).

**Does Sycale Advisors 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/168204

**Does Sycale Advisors state an account minimum?**
Its Form ADV Part 2A brochure dated March 27, 2026 says: "With respect to the Funds, the minimum initial contribution is $1,000,000, subject to reduction at the discretion of the General Partners or directors of the Funds, in each case in consultation with Sycale Advisors."

## 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 27, 2026)

- Account minimum: $1,000,000 (the brochure says it may be waived or negotiated)

> With respect to the Funds, the minimum initial contribution is $1,000,000, subject to reduction at the discretion of the General Partners or directors of the Funds, in each case in consultation with Sycale Advisors.

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

### Regulatory assets under management (Item 5.F)
- Total: $473,119,269
- Discretionary: $473,119,269
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Pooled investment vehicles (other than investment companies and business development companies) | 9 | $473,119,269 |

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

### Firm details
- Registered since: 2017 (9 years)
- Employees: 6 total, 4 performing advisory functions
- Wrap fee program participation: No
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- sycale.com
- LinkedIn @sycale-advisors

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $424,992,468 | 4 | March 11, 2021 |
| October 2022 | $602,561,180 | 5 | March 9, 2022 |
| October 2023 | $559,489,770 | 7 | July 20, 2023 |
| October 2024 | $572,146,973 | 7 | March 28, 2024 |
| October 2025 | $512,662,664 | 6 | March 31, 2025 |
| October 2026 | $473,119,269 | 6 | March 27, 2026 |

Regulatory assets under management: $424,992,468 in the October 2021 data and $473,119,269 in the October 2026 data, up 11%.
Total employees: 4 in October 2021 and 6 in October 2026.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Sycale Advisors (CRD 168204): Form ADV filing data as of October 2026.