# Versa Capital

> Versa Capital is an SEC-registered investment advisory firm in Philadelphia, PA, registered since 2022, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated March 28, 2026.

- CRD: 321934
- Filed as: VERSA CAPITAL
- Legal name: Versa Capital Management, L.P.
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Philadelphia, PA
- Filing period: October 2026
- Form ADV filing dated: March 28, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/321934
- AdvisorCensus page: https://advisorcensus.com/firm/versa-capital-philadelphia-pa-321934

## Quick answers

**How is Versa Capital compensated?**
On its Form ADV (Item 5.E, October 2026), Versa Capital 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.

**Where is Versa Capital located?**
Versa Capital's principal office is in Philadelphia, PA, according to its Form ADV.

**Is Versa Capital registered with the SEC or a state?**
Versa Capital is an SEC-registered investment advisory firm, registered since 2022. Status as filed: Approved. CRD 321934.

**How much does Versa Capital manage?**
Versa Capital reports $180,072,966 in regulatory assets under management in its Form ADV filing dated March 28, 2026 (100% discretionary).

**How have Versa Capital's assets and staff changed since 2022?**
In the Form ADV data for Versa Capital: Regulatory assets under management: $379,762,569 in the October 2022 data and $180,072,966 in the October 2026 data, down 53%. Total employees: 11 in October 2022 and 3 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Versa Capital serve?**
By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (7).

**Does Versa Capital 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/321934

**What changed in Versa Capital's recent Form ADV filings?**
In the April 2026 filing data: Employees performing advisory functions went from 4 to 2.

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management
- Performance-based fees

### Regulatory assets under management (Item 5.F)
- Total: $180,072,966
- Discretionary: $180,072,966
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 0 | $0 |
| High net worth individuals | 0 | $0 |
| Banking or thrift institutions | 0 | $0 |
| Investment companies | 0 | $0 |
| Business development companies | 0 | $0 |
| Pooled investment vehicles (other than investment companies and business development companies) | 7 | $180,072,966 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 0 | $0 |
| Charitable organizations | 0 | $0 |
| State or municipal government entities (including government pension plans) | 0 | $0 |
| Other investment advisers | 0 | $0 |
| Insurance companies | 0 | $0 |
| Sovereign wealth funds and foreign official institutions | 0 | $0 |
| Corporations or other businesses not listed above | 0 | $0 |
| Other | 0 | $0 |

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

### Firm details
- Registered since: 2022 (4 years)
- Employees: 3 total, 2 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: PA
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- versa.com
- LinkedIn @VERSA-CAPITAL-MANAGEMENT

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2022 | $379,762,569 | 11 | May 27, 2022 |
| October 2023 | $330,140,833 | 5 | March 31, 2023 |
| October 2024 | $267,352,407 | 4 | March 29, 2024 |
| October 2025 | $181,481,038 | 4 | March 31, 2025 |
| October 2026 | $180,072,966 | 3 | March 28, 2026 |

Regulatory assets under management: $379,762,569 in the October 2022 data and $180,072,966 in the October 2026 data, down 53%.
Total employees: 11 in October 2022 and 3 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Employees performing advisory functions went from 4 to 2.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Versa Capital (CRD 321934): Form ADV filing data as of October 2026.