# Vennlight Capital Management, LP

> Vennlight Capital Management, LP is an SEC-registered investment advisory firm, registered since 2024, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated March 28, 2026.

- CRD: 329148
- Filed as: VENNLIGHT CAPITAL MANAGEMENT, LP
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Filing period: October 2026
- Form ADV filing dated: March 28, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/329148
- AdvisorCensus page: https://advisorcensus.com/firm/vennlight-capital-management-lp-329148

## Quick answers

**How is Vennlight Capital Management, LP compensated?**
On its Form ADV (Item 5.E, October 2026), Vennlight Capital Management, LP reports these compensation arrangements: performance-based fees; other. The amounts are in Item 5 of its Form ADV Part 2A brochure.

**Is Vennlight Capital Management, LP registered with the SEC or a state?**
Vennlight Capital Management, LP is an SEC-registered investment advisory firm, registered since 2024. Status as filed: Approved. CRD 329148.

**How much does Vennlight Capital Management, LP manage?**
Vennlight Capital Management, LP reports $215,704,000 in regulatory assets under management in its Form ADV filing dated March 28, 2026 (100% discretionary).

**How have Vennlight Capital Management, LP's assets and staff changed since 2024?**
In the Form ADV data for Vennlight Capital Management, LP: Regulatory assets under management: $104,267,599 in the October 2024 data and $215,704,000 in the October 2026 data, up 107%. Total employees: 3 in October 2024 and 3 in October 2026. Assets under management move with markets as well as with clients coming and going.

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

**Does Vennlight Capital Management, LP 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/329148

**What changed in Vennlight Capital Management, LP's recent Form ADV filings?**
In the April 2026 filing data: Regulatory assets under management went from $274,143,000 to $215,704,000 (-21%).

## From the Form ADV filing

### Compensation (Item 5.E)
- Performance-based fees
- Other

### Regulatory assets under management (Item 5.F)
- Total: $215,704,000
- Discretionary: $215,704,000
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Pooled investment vehicles (other than investment companies and business development companies) | 1 | $215,704,000 |

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

### Firm details
- Registered since: 2024 (2 years)
- Employees: 3 total, 3 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: CT
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- LinkedIn @vennlight-capital-management-lp

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2024 | $104,267,599 | 3 | May 13, 2024 |
| October 2025 | $274,143,000 | 3 | March 24, 2025 |
| October 2026 | $215,704,000 | 3 | March 28, 2026 |

Regulatory assets under management: $104,267,599 in the October 2024 data and $215,704,000 in the October 2026 data, up 107%.
Total employees: 3 in October 2024 and 3 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Regulatory assets under management went from $274,143,000 to $215,704,000 (-21%).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Vennlight Capital Management, LP (CRD 329148): Form ADV filing data as of October 2026.