Candelo Capital Management Lp
- Regulatory AUM
- $178M
- Discretionary
- $178M
- Clients
- 3
- Avg AUM / client
- $59.4M
- Accounts
- 3
- Employees
- 5
AUM over time
Annual snapshots from Form ADV filings · as of Mar 23, 2026
Who they serve
| Client type | Clients | AUM | % of AUM |
|---|---|---|---|
| Pooled investment vehicles (non-investment companies) | 3 | $178M | 100.0% |
Private funds (1)
Reported in Form ADV Section 7.B.(1), filing of Jun 2024 · $214M combined gross assets
| Fund | Type | Domicile | Gross assets | Owners |
|---|---|---|---|---|
| Candelo Capital Master Fund Lp master | Hedge Fund | Cayman Islands | $214M | 15 |
Retirement plan clients
Plans that reported this firm as an investment service provider on Form 5500 Schedule C.
| Plan | Location | Plan year |
|---|---|---|
| Len Busch Roses 401(k) Retirement Plan Distinctive Floral Co. Dba Len Busch Roses | 2024 | |
| Piper Sandler Companies Retirement Plan Piper Sandler Companies | 2024 | |
| Deerwood Bank 401(k) Plan Deerwood Bank | 2024 | |
| Frank N. Magid Associates, Inc. 401(k) Profit Sharing Plan Frank N. Magid Associates, Inc | 2024 | |
| Burnett Dairy Co Op 401(k) Plan Burnett Dairy Co Op | 2024 | |
| Andersen 401 K Plan Andersen Corporation | 2024 | |
| Winthrop & Weinstine, P.A. 401 K Plan & Trust Winthrop & Weinstine, P.A. | 2024 | |
| Mhc 401(k) Plan Mhc Software Holdings, Inc. | 2024 | |
| Lorenz Clinic 401(k) Plan Lorenz Clinic Llc | 2024 |
People (2)
| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| Mc Mongale, John, Cormac | Sole Member | Feb 2019 (8y) | 75% or more of Candelo Capital Management Gp Llc (indirect) | |
| Lee, Alex | Cfo & Cco | Jul 2021 (5y) | Less than 5% |
Undisclosed: 95% – 100% of the firm is not attributable from the filed Schedule A bands.
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 (1, $214M gross assets)
| Fund | Type | Gross assets | Min. investment | Owners |
|---|---|---|---|---|
| Candelo Capital Master Fund Lp | Hedge Fund | $214M | $1.0M | 15 |
From Form ADV Section 7.B private fund reporting.
Retirement plans served (9)
| Plan | Sponsor | Participants | Plan assets | As of |
|---|---|---|---|---|
| Len Busch Roses 401(k) Retirement Plan | Distinctive Floral Co. Dba Len Busch Roses | 228 | $10.7M | 01/01/2024 |
| Piper Sandler Companies Retirement Plan | Piper Sandler Companies | 1,719 | $692M | 01/01/2024 |
| Deerwood Bank 401(k) Plan | Deerwood Bank | 177 | $15.7M | 01/01/2024 |
| Frank N. Magid Associates, Inc. 401(k) Profit Sharing Plan | Frank N. Magid Associates, Inc | 75 | $23.0M | 01/01/2024 |
| Burnett Dairy Co Op 401(k) Plan | Burnett Dairy Co Op | 279 | $10.3M | 01/01/2024 |
| Andersen 401 K Plan | Andersen Corporation | 13,271 | $1.5B | 01/01/2024 |
| Winthrop & Weinstine, P.A. 401 K Plan & Trust | Winthrop & Weinstine, P.A. | 306 | $149M | 01/01/2024 |
| Mhc 401(k) Plan | Mhc Software Holdings, Inc. | 121 | $24.6M | 01/01/2024 |
| Lorenz Clinic 401(k) Plan | Lorenz Clinic Llc | 97 | $2.0M | 01/01/2024 |
From Form 5500 service-provider disclosures.
Documents (1 archived)
| Form | Period | Size | |
|---|---|---|---|
| Form ADV (full filing) | 03/23/2026 | 1.23 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 pooled investment vehicles
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 23, 2026.
View current Form ADV (SEC/IAPD) ↗