AUMdb
IC

India Capital Llc

SEC-registered Private Fund Manager · Small ($100M–$1B) CRD 309034 · SEC file 801-119546 · Minneapolis, MN
☆ Save with Pro ADV data as of Mar 25, 2026
Regulatory AUM
$365M
Discretionary
$365M
Clients
2
Avg AUM / client
$183M
Accounts
1
Employees
1

AUM over time

$229M $365M
Aug 2020 Dec 2025

Annual snapshots from Form ADV filings · as of Mar 25, 2026

Who they serve

Client typeClientsAUM% of AUM
Pooled investment vehicles (non-investment companies) 1 $365M 100.0%
Other investment advisers 1 $0

Private funds (1)

Reported in Form ADV Section 7.B.(1), filing of Mar 2024 · $368M combined gross assets

FundTypeDomicileGross assetsOwners
India Capital Fund Limited Hedge Fund Mauritius $368M 50

People (3)

NameRole / titleCredentialsWith firm sinceOwnership
Roberts, Jeffrey, William Trustee May 2018 (8y) GP / trustee / elected manager of Daniel Chaim Tennebaum 2018 Irrevocable Trust (indirect)
Tennebaum, Daniel, Chaim President And Manager Feb 2019 (8y) ≈ 23.73% – 100% via Daniel Chaim Tennebaum 2018 Irrevocable Trust
Lala, Sudesh, Basanta Chief Compliance Officer Aug 2020 (6y) Less than 5%

Entity owners (Schedule A/B)

EntityTitle / statusSinceSch.Ownership
India Capital Management Limited Sole Member May 2020 A 75% or more
High Line Holdings Ltd Shareholder Mar 2019 B ≈ 56.25% – 100% via India Capital Management Limited
Linden Hills Llc Shareholder Mar 2019 B ≈ 42.19% – 100% via High Line Holdings Ltd
Daniel Chaim Tennebaum 2018 Irrevocable Trust Shareholder Mar 2019 B ≈ 31.64% – 100% via Linden Hills Llc
Apex Consolidated Entity Ltd Shareholder Nov 2016 B 75% or more of Apex Fund Services (Mauritius) Ltd. (indirect)
Apex Structured Intermediate Holdings Limited Shareholder Oct 2021 B 75% or more of Apex Consolidated Entity Ltd (indirect)
Apex Structured Holdings Limited Shareholder May 2018 B 75% or more of Apex Structured Intermediate Holdings Limited (indirect)
Apex Group Limited Shareholder May 2018 B 75% or more of Apex Structured Holdings Limited (indirect)
The Gullfoss Settlement Shareholder Aug 2007 B ≈ 18.75% – 50% via India Capital Management Limited
Apex Fund Services (Mauritius) Ltd. Trustee Jun 2020 B GP / trustee / elected manager of The Gullfoss Settlement (indirect)

Undisclosed: 0% – 25% of the firm is not attributable from the filed Schedule A bands.

Estimated effective ownership (look-through of filed bands):

  • Tennebaum, Daniel, Chaim: 75% – 100% of Daniel Chaim Tennebaum 2018 Irrevocable Trust × 75% – 100% of Linden Hills Llc × 75% – 100% of High Line Holdings Ltd × 75% – 100% of India Capital Management Limited × 75% – 100% direct ≈ 23.73% – 100% of the firm
  • High Line Holdings Ltd: 75% – 100% of India Capital Management Limited × 75% – 100% direct ≈ 56.25% – 100% of the firm
  • Linden Hills Llc: 75% – 100% of High Line Holdings Ltd × 75% – 100% of India Capital Management Limited × 75% – 100% direct ≈ 42.19% – 100% of the firm
  • Daniel Chaim Tennebaum 2018 Irrevocable Trust: 75% – 100% of Linden Hills Llc × 75% – 100% of High Line Holdings Ltd × 75% – 100% of India Capital Management Limited × 75% – 100% direct ≈ 31.64% – 100% of the firm
  • The Gullfoss Settlement: 25% – 50% of India Capital Management Limited × 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 (1, $368M gross assets)

FundTypeGross assetsMin. investmentOwners
India Capital Fund Limited Hedge Fund $368M $250K 50

From Form ADV Section 7.B private fund reporting.

Documents (1 archived)

FormPeriodSize
Form ADV (full filing) 03/25/2026 1.32 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

  • Other fees
  • EXPENSES OF INDIA CAPITAL LLC, PLUS AN AGREED PROFIT MARGIN

Services

  • Portfolio management for pooled investment vehicles
  • Other services

Custody

Firm reports it does not have 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 25, 2026.

View current Form ADV (SEC/IAPD) ↗