AdvisorCensus / Financial advisors / Toscafund Asset Management
Toscafund Asset Management
Filed as TOSCAFUND ASSET MANAGEMENT · Legal name Toscafund Asset Management LLP
Toscafund Asset Management is an SEC-registered investment advisory firm in London, United Kingdom, registered since 2011, reporting $500 million to $1 billion in regulatory assets under management in its Form ADV filing dated June 26, 2026.
Quick answers
From the filingHow is Toscafund Asset Management compensated?
On its Form ADV (Item 5.E, October 2026), Toscafund Asset Management reports these compensation arrangements: a percentage of assets under its management; performance-based fees.
How much does Toscafund Asset Management charge?
Its Form ADV Part 2A brochure dated June 26, 2026 states: Asset-based fee: 1.5% to 2% a year (a range, as the brochure states it). Fees can differ by service and may be negotiable; the brochure is the complete statement.
Where is Toscafund Asset Management located?
Toscafund Asset Management's principal office is in London, United Kingdom, according to its Form ADV.
Is Toscafund Asset Management registered with the SEC or a state?
Toscafund Asset Management is an SEC-registered investment advisory firm, registered since 2011. Status as filed: Approved. CRD 155132.
How much does Toscafund Asset Management manage?
Toscafund Asset Management reports $933,286,192 in regulatory assets under management in its Form ADV filing dated June 26, 2026 (100% discretionary).
How have Toscafund Asset Management's assets and staff changed since 2021?
In the Form ADV data for Toscafund Asset Management: Regulatory assets under management: $2,306,015,183 in the October 2021 data and $933,286,192 in the October 2026 data, down 60%. Total employees: 56 in October 2021 and 26 in October 2026. Assets under management move with markets as well as with clients coming and going.
What types of clients does Toscafund Asset Management serve?
By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (7).
Does Toscafund Asset Management 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/155132
From the Form ADV filing
Every figure below is as the firm filed it with regulators, as of October 2026.
How the firm is compensated
Item 5.E- A percentage of assets under your management
- Performance-based fees
Item 5.E lists how the firm is compensated for its advice; Items 5.B, 6.A, and 7.A show whether its people or related companies can also earn commissions. Percentage of assets, fixed, hourly, subscription, and performance-based fees come from clients (a performance-based fee depends on investment results); commissions come with a sale or a trade, often from the company behind the product. How fees, commissions, and other arrangements differ
Fees and minimums
Form ADV Part 2AAsset-based fee: 1.5% to 2% a year (a range, as the brochure states it)
The brochure's wording
The Adviser generally charges each client an investment management fee based on the value of the client’s assets under management that ranges from 1.5% to 2.0% per annum.
As stated in the firm's Form ADV Part 2A brochure dated June 26, 2026. Fees can differ by service and may be negotiable; the brochure is the complete statement. Read the brochure on the SEC's IAPD site
Regulatory assets under management
Item 5.F$933,286,192 as of October 2026, filing dated June 26, 2026.
A measure of scale, not skill or returns. Discretionary means the firm decides trades; non-discretionary means clients approve each one. What assets under management means
Who the firm serves
Item 5.DA firm with no individual clients is an institutional manager even if it manages billions; the mix tells you whom the practice is built around.
Advisory services
Item 5.G- Portfolio management for pooled investment vehicles (other than investment companies)
Registration and firm details
Items 1, 2, 5- Legal name
- Toscafund Asset Management LLP
- Registration
- SEC-registered investment adviser. Status as filed: Approved.
- Registered since
- 2011 (14 years)
- Employees
- Total: 26. Performing investment advisory functions: 11.
- Wrap fee program participation
- No.
- States registered or notice-filed
- Not reported.
SEC-registered investment advisers are examined by the SEC. SEC, state, and exempt registration
Disclosures
Item 11None Reports no disclosure items on Form ADV Item 11. View on IAPD.
Item 11 asks about criminal, regulatory, and civil events involving the firm and its advisory personnel. The detail of each yes answer is on the IAPD record. Reading a firm's disclosures
Assets and staff over time
Items 5.A, 5.F| Data period | Assets under management | Employees | Filing dated |
|---|---|---|---|
| October 2026 | $933,286,192 | 26 | June 26, 2026 |
| October 2025 | $929,878,847 | 26 | July 1, 2025 |
| October 2024 | $1,400,420,757 | 54 | June 28, 2024 |
| October 2023 | $2,053,004,744 | 54 | September 12, 2023 |
| October 2022 | $2,343,539,499 | 65 | March 17, 2022 |
| October 2021 | $2,306,015,183 | 56 | March 30, 2021 |
Regulatory assets under management: $2,306,015,183 in the October 2021 data and $933,286,192 in the October 2026 data, down 60%.
Total employees: 56 in October 2021 and 26 in October 2026.
As filed in each year's data for the same month. Assets under management move with markets as well as with clients coming and going; they measure scale, not skill or returns. Most firms update these figures once a year.
Changes in the filing
Last 12 monthsNo changes to these filed facts in the last 12 months of filing data.
Compared month to month from the SEC's monthly adviser data and the state compilation feed. Owners and control persons are summarized, never named.
Websites listed on Form ADV
Item 1.ISource: Form ADV, as of October 2026. Values appear as filed; a value the firm did not report is shown as "Not reported."
Cite this page
AdvisorCensus. Toscafund Asset Management (CRD 155132): Form ADV filing data as of October 2026. https://advisorcensus.com/firm/toscafund-asset-management-london-155132