{
  "crd_number": 155132,
  "slug": "toscafund-asset-management-london-155132",
  "primary_business_name": "TOSCAFUND ASSET MANAGEMENT",
  "legal_name": "TOSCAFUND ASSET MANAGEMENT LLP",
  "dbas": [],
  "city": "London",
  "state": null,
  "country": "United Kingdom",
  "cbsa_code": null,
  "metro": null,
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2011-11-03",
  "years_registered": 14,
  "period": "2026-10-01",
  "filing_date": "2026-06-26",
  "carried_forward": false,
  "raum_total": 933286192.0,
  "raum_discretionary": 933286192.0,
  "raum_non_discretionary": 0.0,
  "raum_band": "500m_1b",
  "raum_band_label": "$500 million to $1 billion",
  "total_employees": 26,
  "advisory_employees": 11,
  "client_count_bucket": null,
  "clients_by_type": {
    "pooled_investment_vehicles": {
      "raum": 933286192.0,
      "count": 7
    }
  },
  "compensation_types": [
    "percentage_of_aum",
    "performance_based"
  ],
  "advisory_activities": [
    "portfolio_management_pooled_vehicles"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [],
  "websites": [
    "https://linkedin.com/COMPANY/TOSCAFUND-ASSET-MANAGEMENT-LLP",
    "https://toscafund.com"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/155132",
  "city_as_filed": "LONDON",
  "url": "https://advisorcensus.com/firm/toscafund-asset-management-london-155132",
  "display_name": "Toscafund Asset Management",
  "summary": "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.",
  "citation": "AdvisorCensus. Toscafund Asset Management (CRD 155132): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management",
    "Performance-based fees"
  ],
  "advisory_activity_labels": [
    "Portfolio management for pooled investment vehicles (other than investment companies)"
  ],
  "quick_answers": [
    {
      "q": "How is Toscafund Asset Management compensated?",
      "a": "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."
    },
    {
      "q": "How much does Toscafund Asset Management charge?",
      "a": "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."
    },
    {
      "q": "Where is Toscafund Asset Management located?",
      "a": "Toscafund Asset Management's principal office is in London, United Kingdom, according to its Form ADV."
    },
    {
      "q": "Is Toscafund Asset Management registered with the SEC or a state?",
      "a": "Toscafund Asset Management is an SEC-registered investment advisory firm, registered since 2011. Status as filed: Approved. CRD 155132."
    },
    {
      "q": "How much does Toscafund Asset Management manage?",
      "a": "Toscafund Asset Management reports $933,286,192 in regulatory assets under management in its Form ADV filing dated June 26, 2026 (100% discretionary)."
    },
    {
      "q": "How have Toscafund Asset Management's assets and staff changed since 2021?",
      "a": "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."
    },
    {
      "q": "What types of clients does Toscafund Asset Management serve?",
      "a": "By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (7)."
    },
    {
      "q": "Does Toscafund Asset Management report any disciplinary disclosures?",
      "a": "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"
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 2306015183.0,
      "total_employees": 56,
      "filing_date": "2021-03-30"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 2343539499.0,
      "total_employees": 65,
      "filing_date": "2022-03-17"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 2053004744.0,
      "total_employees": 54,
      "filing_date": "2023-09-12"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 1400420757.0,
      "total_employees": 54,
      "filing_date": "2024-06-28"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 929878847.0,
      "total_employees": 26,
      "filing_date": "2025-07-01"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 933286192.0,
      "total_employees": 26,
      "filing_date": "2026-06-26"
    }
  ],
  "recent_changes": [],
  "fees_from_brochure": {
    "source": "Form ADV Part 2A brochure dated June 26, 2026",
    "provided_by_the_firm": false,
    "tiers": [],
    "flat_rate": null,
    "stated_range": "1.5% to 2% a year",
    "stated_maximum": null,
    "account_minimum": null,
    "account_minimum_may_be_waived": false,
    "minimum_annual_fee": null,
    "planning_fees": [],
    "figures": [
      {
        "label": "Asset-based fee",
        "statements": [
          "Asset-based fee: 1.5% to 2% a year (a range, as the brochure states it)"
        ],
        "quotes": [
          "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."
        ]
      }
    ],
    "values": {
      "tiers": [],
      "range_pct": [
        1.5,
        2.0
      ],
      "max_pct": null,
      "account_minimum": null,
      "minimum_annual_fee": null,
      "planning": []
    },
    "quotes": [
      "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."
    ],
    "note": "As stated in the firm's brochure; fees can differ by service and may be negotiable."
  },
  "custodians": [],
  "custodians_note": null,
  "markdown_url": "https://advisorcensus.com/firm/toscafund-asset-management-london-155132.md",
  "clients": [
    {
      "type": "pooled_investment_vehicles",
      "label": "Pooled investment vehicles (other than investment companies and business development companies)",
      "count": 7,
      "fewer_than_5": false,
      "raum": 933286192.0
    }
  ],
  "disclosure_line": "Reports no disclosure items on Form ADV Item 11.",
  "disclosure_items": [],
  "indexable": true,
  "suppressed": false,
  "claimed": false,
  "enhanced": false,
  "provided_by_the_firm": null,
  "source": {
    "name": "Form ADV",
    "as_of": "2026-10-01",
    "iapd_url": "https://adviserinfo.sec.gov/firm/summary/155132",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}