Investment adviser · CRD 151090

ANGEL OAK CAPITAL ADVISORS, LLC

Investment adviser filing (IA)

ATLANTA, GA, United States · Form ADV filed Mar 31, 2026

Regulatory AUM: $11.5B
Client accounts: 39
Employees: 78
Advisory professionals: 24

Who they report serving

Form ADV · Item 5.D

Client types and their share of reported regulatory assets.

Client type	Clients	Regulatory assets	Share of AUM
Investment companies	11	$6,899,861,634	60.0%
Pooled investment vehicles	13	$1,900,761,839	16.5%
Insurance companies	10	$1,444,621,805	12.6%
Retirement plans	Fewer than 5	$1,047,137,372	9.1%
Banks & thrifts	Fewer than 5	$141,576,879	1.2%
Other investment advisers	Fewer than 5	$59,954,006	0.5%

Filing source

Form ADV 2077983 · Mar 31, 2026 · Item 5.D

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

Private funds & service providers

21 Private funds

The count excludes feeder funds. Funds in the latest filing appear first, ordered by reported gross assets. Earlier funds retain their last reported values.

ANGEL OAK REAL ESTATE INVESTMENT FUND III, LPHedge Fund · Last reported Mar 31, 2026$1.36BGross asset value

Form D fundraising filings

Angel Oak Real Estate Investment Fund III, LP

Feeder funds

ANGEL OAK REAL ESTATE INVESTMENT FUND III-FEEDER FUND, LP

Fund administrator U.S. BANK GLOBAL FUND SERVICES, LLC MILWAUKEE, Wisconsin, United States Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor KPMG LLP NEW YORK, New York, United States

Custodian U.S. BANK NATIONAL ASSOCIATION MILWAUKEE, Wisconsin, United States Related to adviser: No

Custodian WILMINGTON SAVINGS FUND SOCIETY, FSB WILMINGTON, Delaware, United States Related to adviser: No

Custodian WILMINGTON TRUST COMPANY WILMINGTON, Delaware, United States Related to adviser: No

Marketer BURY STREET CAPITAL LONDON, United Kingdom Related to adviser: No

Provider details

Annual audit: Yes
Prime brokers: No
Custodians: Yes
Administrator other than the adviser: Yes
External marketing: Yes

KPMG LLP
PCAOB 185

U.S. BANK NATIONAL ASSOCIATION
LEI 6BYL5QZYBDK8S7L73M02

WILMINGTON SAVINGS FUND SOCIETY, FSB
LEI 5493005DKMV1IHIM8E20

WILMINGTON TRUST COMPANY
LEI 2549003YW3T6PERKZM60

Fund details & source

Fund ID: 805-8668917815
Reported beneficial owners: 22
Minimum commitment: $1M
Form D file number: 021-414044
Form D file number: 021-414046

Form ADV 2077983 · Mar 31, 2026 · Schedule D 7.B.(1)

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

ANGEL OAK STRATEGIC MORTGAGE INCOME FUND, LPHedge Fund · Last reported Feb 27, 2015$388MGross asset value

Form D fundraising filings

Angel Oak Strategic Mortgage Income Fund, LP

Fund administrator TRIDENT FUND SERVICES ATLANTA, Georgia, United States Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor ROTHESTEIN KASS DENVER, Georgia, United States

Custodian J.P. MORGAN CLEARING CORP. ATLANTA, Georgia, United States Related to adviser: Yes

Prime broker J.P. MORGAN CLEARING CORP. NEW YORK, New York, United States

Provider details

Annual audit: Yes
Prime brokers: Yes
Custodians: Yes
Administrator other than the adviser: Yes
External marketing: No

J.P. MORGAN CLEARING CORP.
SEC 8-43724

J.P. MORGAN CLEARING CORP.
CRD 28432 · SEC 8-43724

Fund details & source

Fund ID: 805-4469283936
Reported beneficial owners: 129
Minimum commitment: $500K
Form D file number: 021-168262

Form ADV 882740 · Feb 27, 2015 · Schedule D 7.B.(1)

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

ANGEL OAK REAL ESTATE INVESTMENT FUND II, LPHedge Fund · Last reported Mar 31, 2026$142MGross asset value

Form D fundraising filings

Angel Oak Real Estate Investment Fund II, LP

Feeder funds

ANGEL OAK REAL ESTATE INVESTMENT FUND II-FEEDER FUND, LP

Fund administrator TRIDENT FUND SERVICES ATLANTA, Georgia, United States Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor KPMG LLP NEW YORK, New York, United States

Custodian FIRST HORIZON BANK MEMPHIS, Tennessee, United States Related to adviser: No

Custodian U.S. BANK NATIONAL ASSOCIATION MILWAUKEE, Wisconsin, United States Related to adviser: No

Provider details

Annual audit: Yes
Prime brokers: No
Custodians: Yes
Administrator other than the adviser: Yes
External marketing: No

KPMG LLP
PCAOB 185

FIRST HORIZON BANK
LEI COOWI3L2W9TPYR3WJX37

U.S. BANK NATIONAL ASSOCIATION
LEI 6BYL5QZYBDK8S7L73M02

Fund details & source

Fund ID: 805-7863819220
Reported beneficial owners: 26
Minimum commitment: $1M
Form D file number: 021-320868
Form D file number: 021-362140

Form ADV 2077983 · Mar 31, 2026 · Schedule D 7.B.(1)

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

ANGEL OAK REAL ESTATE INVESTMENT FUND III-C LLCHedge Fund · Last reported Mar 31, 2026$78.3MGross asset value

Form D fundraising filings

Angel Oak Real Estate Investment Fund III-C LLC

Fund administrator SS&C TECHNOLOGIES, INC. WINDSOR, Connecticut, United States Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor KPMG LLP NEW YORK, New York, United States

Custodian FIRST HORIZON BANK MEMPHIS, Tennessee, United States Related to adviser: No

Custodian U.S. BANK NATIONAL ASSOCIATION MILWAUKEE, Wisconsin, United States Related to adviser: No

Provider details

Annual audit: Yes
Prime brokers: No
Custodians: Yes
Administrator other than the adviser: Yes
External marketing: No

KPMG LLP
PCAOB 185

FIRST HORIZON BANK
LEI COOWI3L2W9TPYR3WJX37

U.S. BANK NATIONAL ASSOCIATION
LEI 6BYL5QZYBDK8S7L73M02

Fund details & source

Fund ID: 805-4798659416
Reported beneficial owners: 10
Minimum commitment: $1M
Form D file number: 021-392537

Form ADV 2077983 · Mar 31, 2026 · Schedule D 7.B.(1)

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

ANGEL OAK MORTGAGE INCOME OPPORTUNITIES FUND LLCHedge Fund · Last reported Mar 31, 2026$67.4MGross asset value

Form D fundraising filings

Angel Oak Mortgage Income Opportunities Fund LLC

Fund administrator SS&C TECHNOLOGIES, INC. WINDSOR, Connecticut, United States Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor KPMG LLP NEW YORK, New York, United States

Custodian FIRST HORIZON BANK MEMPHIS, Tennessee, United States Related to adviser: No

Custodian U.S. BANK NATIONAL ASSOCIATION MILWAUKEE, Wisconsin, United States Related to adviser: No

Provider details

Annual audit: Yes
Prime brokers: No
Custodians: Yes
Administrator other than the adviser: Yes
External marketing: No

KPMG LLP
PCAOB 185

FIRST HORIZON BANK
LEI COOWI3L2W9TPYR3WJX37

U.S. BANK NATIONAL ASSOCIATION
LEI 6BYL5QZYBDK8S7L73M02

Fund details & source

Fund ID: 805-1022487512
Reported beneficial owners: 35
Minimum commitment: $50K
Form D file number: 021-345034

Form ADV 2077983 · Mar 31, 2026 · Schedule D 7.B.(1)

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

ANGEL OAK REAL ESTATE INVESTMENT FUND II-C LLCHedge Fund · Last reported Mar 31, 2026$40.6MGross asset value

Form D fundraising filings

Angel Oak Real Estate Investment Fund II-C LLC

Fund administrator SS&C TECHNOLOGIES, INC. WINDSOR, Connecticut, United States Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor KPMG LLP NEW YORK, New York, United States

Custodian FIRST HORIZON BANK MEMPHIS, Tennessee, United States Related to adviser: No

Custodian U.S. BANK NATIONAL ASSOCIATION MILWAUKEE, Wisconsin, United States Related to adviser: No

Provider details

Annual audit: Yes
Prime brokers: No
Custodians: Yes
Administrator other than the adviser: Yes
External marketing: No

KPMG LLP
PCAOB 185

FIRST HORIZON BANK
LEI COOWI3L2W9TPYR3WJX37

U.S. BANK NATIONAL ASSOCIATION
LEI 6BYL5QZYBDK8S7L73M02

Fund details & source

Fund ID: 805-3457088815
Reported beneficial owners: 10
Minimum commitment: $1M
Form D file number: 021-353185

Form ADV 2077983 · Mar 31, 2026 · Schedule D 7.B.(1)

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

ANGEL OAK REAL ESTATE INVESTMENT FUND IV-C LLCHedge Fund · Last reported Mar 31, 2026$13.3MGross asset value

Form D fundraising filings

Angel Oak Real Estate Investment Fund IV-C, LLC

Fund administrator SS&C TECHNOLOGIES, INC. WINDSOR, Connecticut, United States Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor KPMG LLP NEW YORK, New York, United States

Custodian U.S. BANK NATIONAL ASSOCIATION MILWAUKEE, Wisconsin, United States Related to adviser: No

Provider details

Annual audit: Yes
Prime brokers: No
Custodians: Yes
Administrator other than the adviser: Yes
External marketing: No

KPMG LLP
PCAOB 185

U.S. BANK NATIONAL ASSOCIATION
LEI 6BYL5QZYBDK8S7L73M02

Fund details & source

Fund ID: 805-4627654995
Reported beneficial owners: 7
Minimum commitment: $1M
Form D file number: 021-439298

Form ADV 2077983 · Mar 31, 2026 · Schedule D 7.B.(1)

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

Services & filing details

Most recent filing: Mar 31, 2026. View historical filings

Reported services

Investment company portfolio management · Pooled investment vehicle management · Business portfolio management · Selection of other advisers

Compensation

Percentage of assets · Fixed · Performance-based

Principal office

980 HAMMOND DRIVE, SUITE 200
ATLANTA, GA, 30328, United States

CRD 151090

Filing source

Form ADV 2077983 · Mar 31, 2026 · Items 1 & 5

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.