Crescat Portfolio Management Llc
- Regulatory AUM
- $536M
- Discretionary
- $536M
- Clients
- 119
- Avg AUM / client
- $4.5M
- Accounts
- 119
- Employees
- 10
AUM over time
Annual snapshots from Form ADV filings · as of Mar 27, 2026
Who they serve
| Client type | Clients | AUM | % of AUM |
|---|---|---|---|
| Individuals (non-high net worth) | 78 | $9.8M | 1.82% |
| High net worth individuals | 23 | $9.1M | 1.69% |
| Pooled investment vehicles (non-investment companies) | 16 | $505M | 94.3% |
| Charitable organizations | 1 | $1.1M | 0.21% |
| Other investment advisers | 1 | $10.8M | 2.01% |
Private funds (5)
Reported in Form ADV Section 7.B.(1), filing of Nov 2024 · $249M combined gross assets
| Fund | Type | Domicile | Gross assets | Owners |
|---|---|---|---|---|
| Crescat Precious Metals Master Fund Ltd master | Hedge Fund | Cayman Islands | $128M | 154 |
| Crescat Global Macro Master Fund Ltd master | Hedge Fund | Cayman Islands | $96.8M | 141 |
| Crescat Long/Short Master Fund Ltd master | Hedge Fund | Cayman Islands | $15.3M | 79 |
| Crescat Institutional Macro Master Fund Ltd master | Hedge Fund | Cayman Islands | $5.5M | 4 |
| Crescat Institutional Commodity Master Fund Ltd master | Hedge Fund | Cayman Islands | $3.5M | 11 |
People (4)
roster as of Jul 20, 2026| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| Kevin Clark Smith | Managing Member And Cio | Feb 2008 (19y) | ≈ 56.25% – 100% via Crescat Capital Llc | |
| Linda Carleu Smith | Coo | Aug 2012 (14y) | Less than 5% | |
| Money, Danielle, Van Anrooy | Chief Compliance Officer | Nov 2024 (2y) | Less than 5% | |
| Marek Iwahashi | Registered representative | Jan 2024 (3y) |
Entity owners (Schedule A/B)
| Entity | Title / status | Since | Sch. | Ownership |
|---|---|---|---|---|
| Crescat Capital Llc | Managing Member | Feb 2008 | A | 75% or more |
Undisclosed: 0% – 25% of the firm is not attributable from the filed Schedule A bands.
Estimated effective ownership (look-through of filed bands):
- Kevin Clark Smith: 75% – 100% of Crescat Capital Llc × 75% – 100% direct ≈ 56.25% – 100% 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 (5, $249M gross assets)
| Fund | Type | Gross assets | Min. investment | Owners |
|---|---|---|---|---|
| Crescat Precious Metals Master Fund Ltd | Hedge Fund | $128M | $500K | 154 |
| Crescat Global Macro Master Fund Ltd | Hedge Fund | $96.8M | $500K | 141 |
| Crescat Long/Short Master Fund Ltd | Hedge Fund | $15.3M | $250K | 79 |
| Crescat Institutional Macro Master Fund Ltd | Hedge Fund | $5.5M | $500K | 4 |
| Crescat Institutional Commodity Master Fund Ltd | Hedge Fund | $3.5M | $500K | 11 |
From Form ADV Section 7.B private fund reporting.
Documents (1 archived)
| Form | Period | Size | |
|---|---|---|---|
| Form ADV (full filing) | 03/27/2026 | 2.38 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 individuals/small businesses
- • Portfolio management for pooled investment vehicles
Custody
Reported custodians
- Northern Trust $26.1M (16% of AUM) Mar 2018
- Interactive Brokers $20.0M (4% of AUM) Mar 2026
- Axos Clearing $10.8M (2% of AUM) Mar 2026
Amounts as reported in ADV Item 5.K.(3) (custodians holding 10%+ of SMA assets).
Firm reports having custody of client funds or securities (Item 9.A).
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) ↗