# Telemark Asset Management, LLC

> Telemark Asset Management, LLC is an SEC-registered investment advisory firm in Boston, MA, registered since 2012, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated March 9, 2026.

- CRD: 156770
- Filed as: TELEMARK ASSET MANAGEMENT, LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Boston, MA
- Filing period: October 2026
- Form ADV filing dated: March 9, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/156770
- AdvisorCensus page: https://advisorcensus.com/firm/telemark-asset-management-llc-boston-ma-156770

## Quick answers

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

**Where is Telemark Asset Management, LLC located?**
Telemark Asset Management, LLC's principal office is in Boston, MA, according to its Form ADV.

**Is Telemark Asset Management, LLC registered with the SEC or a state?**
Telemark Asset Management, LLC is an SEC-registered investment advisory firm, registered since 2012. Status as filed: Approved. CRD 156770.

**How much does Telemark Asset Management, LLC manage?**
Telemark Asset Management, LLC reports $1,140,636,524 in regulatory assets under management in its Form ADV filing dated March 9, 2026 (100% discretionary).

**How have Telemark Asset Management, LLC's assets and staff changed since 2021?**
In the Form ADV data for Telemark Asset Management, LLC: Regulatory assets under management: $1,038,445,316 in the October 2021 data and $1,140,636,524 in the October 2026 data, up 10%. Total employees: 3 in October 2021 and 3 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Telemark Asset Management, LLC serve?**
By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (1).

**Does Telemark Asset 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/156770

## 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: $1,140,636,524
- Discretionary: $1,140,636,524
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Pooled investment vehicles (other than investment companies and business development companies) | 1 | $1,140,636,524 |

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

### Firm details
- Registered since: 2012 (14 years)
- Employees: 3 total, 2 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: MA
- 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 | $1,038,445,316 | 3 | March 16, 2021 |
| October 2022 | $1,534,324,587 | 3 | March 23, 2022 |
| October 2023 | $778,153,963 | 3 | March 21, 2023 |
| October 2024 | $753,320,741 | 3 | March 5, 2024 |
| October 2025 | $1,099,097,904 | 3 | May 14, 2025 |
| October 2026 | $1,140,636,524 | 3 | March 9, 2026 |

Regulatory assets under management: $1,038,445,316 in the October 2021 data and $1,140,636,524 in the October 2026 data, up 10%.
Total employees: 3 in October 2021 and 3 in October 2026.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Telemark Asset Management, LLC (CRD 156770): Form ADV filing data as of October 2026.