# Zadig Asset Management S.A.

> Zadig Asset Management S.A. is an SEC-registered investment advisory firm in Strassen, Luxembourg, registered since 2013, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated June 29, 2026.

- CRD: 167166
- Filed as: ZADIG ASSET MANAGEMENT S.A.
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Strassen, Luxembourg
- Filing period: October 2026
- Form ADV filing dated: June 29, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/167166
- AdvisorCensus page: https://advisorcensus.com/firm/zadig-asset-management-s-a-strassen-167166

## Quick answers

**How is Zadig Asset Management S.A. compensated?**
On its Form ADV (Item 5.E, October 2026), Zadig Asset Management S.A. reports these compensation arrangements: a percentage of assets under its management; performance-based fees.

**How much does Zadig Asset Management S.A. charge?**
Its Form ADV Part 2A brochure dated June 29, 2026 states: Asset-based fee: up to 2% of assets a year (the maximum the brochure states). Fees can differ by service and may be negotiable; the brochure is the complete statement.

**Where is Zadig Asset Management S.A. located?**
Zadig Asset Management S.A.'s principal office is in Strassen, Luxembourg, according to its Form ADV.

**Is Zadig Asset Management S.A. registered with the SEC or a state?**
Zadig Asset Management S.A. is an SEC-registered investment advisory firm, registered since 2013. Status as filed: Approved. CRD 167166.

**How much does Zadig Asset Management S.A. manage?**
Zadig Asset Management S.A. reports $1,252,220,000 in regulatory assets under management in its Form ADV filing dated June 29, 2026 (100% discretionary).

**How have Zadig Asset Management S.A.'s assets and staff changed since 2021?**
In the Form ADV data for Zadig Asset Management S.A.: Regulatory assets under management: $2,599,618,351 in the October 2021 data and $1,252,220,000 in the October 2026 data, down 52%. Total employees: 7 in October 2021 and 7 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Zadig Asset Management S.A. serve?**
By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (3); high net worth individuals (1); investment companies (1).

**Which custodians does Zadig Asset Management S.A. use?**
Zadig Asset Management S.A.'s most recent Form ADV filing (Schedule D, Section 5.K(3)) lists State Street Global Markets, LLC as a custodian holding 10% or more of its separately managed account assets.

**Does Zadig Asset Management S.A. 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/167166

**What changed in Zadig Asset Management S.A.'s recent Form ADV filings?**
In the July 2026 filing data: Updated its list of owners and control persons (Schedule A).

## From the Form ADV filing

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

### Fees and minimums (Form ADV Part 2A brochure dated June 29, 2026)

- Asset-based fee: up to 2% of assets a year (the maximum the brochure states)

> Zadig is paid an asset -based investment management fee of up to 2.00% per annum of the net assets of the respective client account.

As stated in the firm's brochure. Fees can differ by service and may be negotiable.

### Custodians (Schedule D, Section 5.K(3))
- State Street Global Markets, LLC

Custodians holding 10% or more of the firm's separately managed account assets, as filed on Form ADV (Schedule D, Section 5.K(3)). A custodian holds client assets; it does not endorse or supervise the firm. AdvisorCensus has no relationship with any custodian.

### Regulatory assets under management (Item 5.F)
- Total: $1,252,220,000
- Discretionary: $1,252,220,000
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| High net worth individuals | 1 | $145,700,000 |
| Investment companies | 1 | $0 |
| Pooled investment vehicles (other than investment companies and business development companies) | 3 | $750,980,000 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 1 | $355,540,000 |

### Advisory services (Item 5.G)
- Portfolio management for individuals and/or small businesses
- Portfolio management for investment companies (and business development companies)
- Portfolio management for pooled investment vehicles (other than investment companies)
- Portfolio management for businesses (other than small businesses) or institutional clients

### Firm details
- Registered since: 2013 (13 years)
- Employees: 7 total, 3 performing advisory functions
- Wrap fee program participation: No
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- zadigfunds.com
- LinkedIn @zadig-asset-management

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $2,599,618,351 | 7 | June 28, 2021 |
| October 2022 | $2,321,974,795 | 7 | June 22, 2022 |
| October 2023 | $2,271,500,482 | 7 | June 7, 2023 |
| October 2024 | $1,310,986,655 | 7 | June 3, 2024 |
| October 2025 | $1,341,837,770 | 7 | June 30, 2025 |
| October 2026 | $1,252,220,000 | 7 | June 29, 2026 |

Regulatory assets under management: $2,599,618,351 in the October 2021 data and $1,252,220,000 in the October 2026 data, down 52%.
Total employees: 7 in October 2021 and 7 in October 2026.

## Changes in the filing (last 12 months)

### July 2026
- Updated its list of owners and control persons (Schedule A).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Zadig Asset Management S.A. (CRD 167166): Form ADV filing data as of October 2026.