{ "crd_number": 140648, "slug": "tree-line-management-hong-kong-140648", "primary_business_name": "TREE LINE MANAGEMENT", "legal_name": "TREE LINE ADVISORS (HONG KONG) LTD", "dbas": [], "city": "Hong Kong", "state": null, "country": "Hong Kong", "cbsa_code": null, "metro": null, "registration_type": "sec", "registration_status": "Approved", "registration_date": "2006-06-01", "years_registered": 20, "period": "2026-10-01", "filing_date": "2026-03-23", "carried_forward": false, "raum_total": 1638022739.0, "raum_discretionary": 1638022739.0, "raum_non_discretionary": 0.0, "raum_band": "1b_5b", "raum_band_label": "$1 billion to $5 billion", "total_employees": 16, "advisory_employees": 7, "client_count_bucket": null, "clients_by_type": { "pooled_investment_vehicles": { "raum": 1638022739.0, "count": 1 } }, "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://treelineim.com" ], "iapd_url": "https://adviserinfo.sec.gov/firm/summary/140648", "city_as_filed": "HONG KONG", "url": "https://advisorcensus.com/firm/tree-line-management-hong-kong-140648", "display_name": "Tree Line Management", "summary": "Tree Line Management is an SEC-registered investment advisory firm in Hong Kong, Hong Kong, registered since 2006, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated March 23, 2026.", "citation": "AdvisorCensus. Tree Line Management (CRD 140648): 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 Tree Line Management compensated?", "a": "On its Form ADV (Item 5.E, October 2026), Tree Line Management reports these compensation arrangements: a percentage of assets under its management; performance-based fees. The amounts are in Item 5 of its Form ADV Part 2A brochure." }, { "q": "Where is Tree Line Management located?", "a": "Tree Line Management's principal office is in Hong Kong, Hong Kong, according to its Form ADV." }, { "q": "Is Tree Line Management registered with the SEC or a state?", "a": "Tree Line Management is an SEC-registered investment advisory firm, registered since 2006. Status as filed: Approved. CRD 140648." }, { "q": "How much does Tree Line Management manage?", "a": "Tree Line Management reports $1,638,022,739 in regulatory assets under management in its Form ADV filing dated March 23, 2026 (100% discretionary)." }, { "q": "How have Tree Line Management's assets and staff changed since 2021?", "a": "In the Form ADV data for Tree Line Management: Regulatory assets under management: $1,679,843,670 in the October 2021 data and $1,638,022,739 in the October 2026 data, down 2%. Total employees: 14 in October 2021 and 16 in October 2026. Assets under management move with markets as well as with clients coming and going." }, { "q": "What types of clients does Tree Line Management serve?", "a": "By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (1)." }, { "q": "Does Tree Line 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/140648" }, { "q": "What changed in Tree Line Management's recent Form ADV filings?", "a": "In the April 2026 filing data: Regulatory assets under management went from $1,400,827,143 to $1,638,022,739 (+17%)." } ], "filing_history": [ { "period": "2021-10-01", "regulatory_assets_under_management": 1679843670.0, "total_employees": 14, "filing_date": "2021-04-09" }, { "period": "2022-10-01", "regulatory_assets_under_management": 1504954226.0, "total_employees": 13, "filing_date": "2022-03-23" }, { "period": "2023-10-01", "regulatory_assets_under_management": 1063398288.0, "total_employees": 14, "filing_date": "2023-03-29" }, { "period": "2024-10-01", "regulatory_assets_under_management": 1114660645.0, "total_employees": 14, "filing_date": "2024-03-22" }, { "period": "2025-10-01", "regulatory_assets_under_management": 1400827143.0, "total_employees": 15, "filing_date": "2025-03-18" }, { "period": "2026-10-01", "regulatory_assets_under_management": 1638022739.0, "total_employees": 16, "filing_date": "2026-03-23" } ], "recent_changes": [ { "period": "2026-04-01", "period_label": "April 2026", "notes": [ "Regulatory assets under management went from $1,400,827,143 to $1,638,022,739 (+17%)." ] } ], "fees_from_brochure": null, "custodians": [], "custodians_note": null, "markdown_url": "https://advisorcensus.com/firm/tree-line-management-hong-kong-140648.md", "clients": [ { "type": "pooled_investment_vehicles", "label": "Pooled investment vehicles (other than investment companies and business development companies)", "count": 1, "fewer_than_5": false, "raum": 1638022739.0 } ], "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/140648", "operator": "BH Monitor Services, LLC", "license": "https://creativecommons.org/licenses/by/4.0/", "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data" } }