{
  "crd_number": 333142,
  "slug": "two-parks-capital-llc-new-york-ny-333142",
  "primary_business_name": "TWO PARKS CAPITAL LLC",
  "legal_name": "TWO PARKS CAPITAL LLC",
  "dbas": [],
  "city": "New York",
  "state": "NY",
  "country": "United States",
  "cbsa_code": "35620",
  "metro": {
    "cbsa_code": "35620",
    "common_name": "New York",
    "msa_name": "New York-Newark-Jersey City, NY-NJ",
    "path": "/advisors/ny/new-york"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2024-10-16",
  "years_registered": 1,
  "period": "2026-10-01",
  "filing_date": "2026-03-27",
  "carried_forward": false,
  "raum_total": 174595739.0,
  "raum_discretionary": 174595739.0,
  "raum_non_discretionary": 0.0,
  "raum_band": "100m_500m",
  "raum_band_label": "$100 million to $500 million",
  "total_employees": 5,
  "advisory_employees": 5,
  "client_count_bucket": null,
  "clients_by_type": {
    "pooled_investment_vehicles": {
      "raum": 174595739.0,
      "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": [],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/333142",
  "city_as_filed": "NEW YORK",
  "url": "https://advisorcensus.com/firm/two-parks-capital-llc-new-york-ny-333142",
  "display_name": "Two Parks Capital LLC",
  "summary": "Two Parks Capital LLC is an SEC-registered investment advisory firm in New York, NY, registered since 2024, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated March 27, 2026.",
  "citation": "AdvisorCensus. Two Parks Capital LLC (CRD 333142): 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 Two Parks Capital LLC compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Two Parks Capital LLC reports these compensation arrangements: a percentage of assets under its management; performance-based fees."
    },
    {
      "q": "Where is Two Parks Capital LLC located?",
      "a": "Two Parks Capital LLC's principal office is in New York, NY, according to its Form ADV."
    },
    {
      "q": "Is Two Parks Capital LLC registered with the SEC or a state?",
      "a": "Two Parks Capital LLC is an SEC-registered investment advisory firm, registered since 2024. Status as filed: Approved. CRD 333142."
    },
    {
      "q": "How much does Two Parks Capital LLC manage?",
      "a": "Two Parks Capital LLC reports $174,595,739 in regulatory assets under management in its Form ADV filing dated March 27, 2026 (100% discretionary)."
    },
    {
      "q": "How have Two Parks Capital LLC's assets and staff changed since 2025?",
      "a": "In the Form ADV data for Two Parks Capital LLC: Regulatory assets under management: $202,250,000 in the October 2025 data and $174,595,739 in the October 2026 data, down 14%. Total employees: 5 in October 2025 and 5 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does Two Parks Capital LLC 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 Two Parks Capital LLC 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/333142"
    },
    {
      "q": "What changed in Two Parks Capital LLC's recent Form ADV filings?",
      "a": "In the April 2026 filing data: Regulatory assets under management went from $202,250,000 to $174,595,739 (-14%)."
    }
  ],
  "filing_history": [
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 202250000.0,
      "total_employees": 5,
      "filing_date": "2025-07-11"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 174595739.0,
      "total_employees": 5,
      "filing_date": "2026-03-27"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-04-01",
      "period_label": "April 2026",
      "notes": [
        "Regulatory assets under management went from $202,250,000 to $174,595,739 (-14%)."
      ]
    }
  ],
  "fees_from_brochure": null,
  "custodians": [],
  "custodians_note": null,
  "markdown_url": "https://advisorcensus.com/firm/two-parks-capital-llc-new-york-ny-333142.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": 174595739.0
    }
  ],
  "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/333142",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}