Evanston Capital Management, Llc
- Regulatory AUM
- $4.5B
- Discretionary
- $4.5B
- Clients
- 10
- Avg AUM / client
- $449M
- Accounts
- 10
- Employees
- 28
AUM over time
Annual snapshots from Form ADV filings · as of Mar 27, 2026
Who they serve
| Client type | Clients | AUM | % of AUM |
|---|---|---|---|
| Investment companies | 1 | $94.0M | 2.09% |
| Pooled investment vehicles (non-investment companies) | 9 | $4.4B | 97.9% |
Private funds (7)
Reported in Form ADV Section 7.B.(1), filing of Mar 2024 · $4.2B combined gross assets
| Fund | Type | Domicile | Gross assets | Owners |
|---|---|---|---|---|
| The Weatherlow Fund I L.P. master | Hedge Fund | Delaware | $3.7B | 530 |
| Poetic License Partners, Lp | Other Private Fund | Delaware | $187M | 56 |
| Evanston Alpha Strategies Fund L.P. master | Hedge Fund | Delaware | $138M | 37 |
| Ecm Blockchain Fund I Lp | Private Equity Fund | Delaware | $58.2M | 127 |
| Evanston Hedge Partners L.P. | Hedge Fund | Delaware | $56.6M | 45 |
| Clearwater Fund L.P. | Hedge Fund | Delaware | $42.1M | 9 |
| Evanston Credit Opportunities Fund, Ltd. | Hedge Fund | Cayman Islands | $24.7M | 5 |
Nonprofit clients
Charities that reported this firm as a top-paid contractor (investment services) on Form 990.
| Charity | Location | Period |
|---|---|---|
| Methodist Healthcare Ministries Of South Texas Inc EIN 741287016 | San Antonio, TX | 12/31/2024 |
People (10)
| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| Zimmerman, Scott, Ryan | General Counsel | Jan 2006 (21y) | Less than 5% | |
| Blitz, Adam, B | Founding Partner Ceo / Cio | Feb 2010 (17y) | Less than 5% | |
| Blitz, Erin | Trustee | Feb 2010 (17y) | GP / trustee / elected manager of Adam B. Blitz Revocable Trust And Blitz Gst Insurance Trust (indirect) | |
| Lorenzo, Melanie, Leslie | Chief Compliance Officer And Associate General Counsel | Dec 2010 (16y) | Less than 5% | |
| Meister, Kenneth, Alan | Founding Partner President And Coo | Jan 2013 (14y) | Less than 5% | |
| Donenberg, Lance, Ari | Head Of Strategic Business Development | Oct 2014 (12y) | Less than 5% | |
| Kim, Kristen, Vangelder | Deputy Cio | Jan 2015 (12y) | Less than 5% | |
| Cahill, Ryan, Duffecy | Founding Partner Business Development And Client Service | Jan 2021 (6y) | Less than 5% | |
| Lease, Brian, L | Cfo | Jan 2021 (6y) | Less than 5% | |
| Amboian, John, Peter | Chairman | Apr 2023 (3y) | Less than 5% |
Entity owners (Schedule A/B)
| Entity | Title / status | Since | Sch. | Ownership |
|---|---|---|---|---|
| Evanston Capital Management, L.P. | Member | Mar 2020 | A | 75% or more |
| Adam B. Blitz Revocable Trust And Blitz Gst Insurance Trust | Limited Partner | Mar 2020 | B | ≈ 18.75% – 50% via Evanston Capital Management, L.P. |
| Ecm Holdco, Llc | General Partner | Feb 2020 | B | GP / trustee / elected manager of Evanston Capital Management, L.P. (indirect) |
Undisclosed: 0% – 25% of the firm is not attributable from the filed Schedule A bands.
Estimated effective ownership (look-through of filed bands):
- Adam B. Blitz Revocable Trust And Blitz Gst Insurance Trust: 25% – 50% of Evanston Capital Management, L.P. × 75% – 100% direct ≈ 18.75% – 50% of the firm
Roster from the IAPD representatives feed; ownership and acquisition dates from Form ADV Schedule A/B. "Since" is the earliest filed registration or acquisition date.
Private funds (7, $4.2B gross assets)
| Fund | Type | Gross assets | Min. investment | Owners |
|---|---|---|---|---|
| The Weatherlow Fund I L.P. | Hedge Fund | $3.7B | $250K | 530 |
| Poetic License Partners, Lp | Other Private Fund | $187M | $100K | 56 |
| Evanston Alpha Strategies Fund L.P. | Hedge Fund | $138M | $250K | 37 |
| Ecm Blockchain Fund I Lp | Private Equity Fund | $58.2M | $250K | 127 |
| Evanston Hedge Partners L.P. | Hedge Fund | $56.6M | $100K | 45 |
| Clearwater Fund L.P. | Hedge Fund | $42.1M | $250K | 9 |
| Evanston Credit Opportunities Fund, Ltd. | Hedge Fund | $24.7M | $100K | 5 |
From Form ADV Section 7.B private fund reporting.
Foundations & charities (1)
| Organization | Type | Assets | As of |
|---|---|---|---|
| Methodist Healthcare Ministries Of South Texas Inc | Public charity | $2.2B | 12/31/2024 |
From IRS Form 990 investment-management-fee disclosures.
Documents (1 archived)
| Form | Period | Size | |
|---|---|---|---|
| Form ADV (full filing) | 03/27/2026 | 2.43 MB | View · PDF · Source ↗ |
Archived copies of the firm's regulatory filings, versioned by content hash.
Disciplinary disclosures
No disciplinary events reported on the firm's latest Form ADV filing.
How they charge
- • Percentage of assets under management
- • Performance-based fees
Services
- • Portfolio management for investment companies
- • Portfolio management for pooled investment vehicles
- • Selection of other advisers
Custody
Firm reports having custody of client funds or securities (Item 9.A).
No custodian data reported or mined yet.
Source
All data on this page comes from this firm's Form ADV filings, reproduced without modification. Latest filing: Mar 27, 2026.
View current Form ADV (SEC/IAPD) ↗