KELSON ASSET MANAGEMENT LLC: Investment Adviser Form ADV Filing

How this adviser has changed

Annual filings

Regulatory assets under management

Up to five fiscal years, using the latest annual update available at the selected filing date. Asset changes can reflect acquisitions, client flows, and valuations; they are not investment returns.

Annual adviser history and sources
Fiscal year	Regulatory AUM	Employees	Filed
2021	$138,594,000	2	Mar 29, 2022
2022	$173,526,064	2	Mar 31, 2023
2023	$173,054,694	3	Mar 28, 2024
2024	$226,532,365	3	Mar 31, 2025

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
Pooled investment vehicles	21	$226,532,365	100.0%

Filing source

Form ADV 1974486 · Mar 31, 2025 · Item 5.D

Reported by KELSON ASSET MANAGEMENT LLC (CRD 315511).

Other-Than Anual Amendment For Registered Adviser.

Official IAPD profile (latest public filing). Historical values on this page come from the SEC/IAPD filing archive; the public profile may show a newer filing.

Private funds & service providers

1 selected fund records

Largest reported gross asset value first; unreported values last. Gross asset value is fund-level disclosure, distinct from adviser AUM and Form D fundraising. Master and feeder funds may overlap.

View all funds in this filing

KC10T DERIBIT CO-INVESTMENT LLCPrivate Equity Fund$31.8MGross asset value

Form D fundraising filings

View filings for the issuer linked by this fund’s reported Form D file numbers.

KC10T Deribit Co-Investment LLC

Fund administrator CARTA SAN FRANCISCO, California, United States Investor statements: Yes (provided to all investors) Related to adviser: No Other funds reporting this name →

Custodian NORTH CAPITAL LLC SALT LAKE CITY, Utah, United States Related to adviser: No Other funds reporting this name →

Marketer KELSON CAPITAL LLC STAMFORD, Connecticut, United States Related to adviser: Yes Other funds reporting this name →

Provider details

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

NORTH CAPITAL LLC
SEC 8-110598

KELSON CAPITAL LLC
CRD 149477 · SEC 8-68147

Fund details & source

Fund ID: 805-3858363910
Reported beneficial owners: 146
Minimum commitment: $25K
Form D file number: 021-410472

Form ADV 1974486 · Mar 31, 2025 · Schedule D 7.B.(1)

Reported by KELSON ASSET MANAGEMENT LLC (CRD 315511).

Other-Than Anual Amendment For Registered Adviser.

Official IAPD profile (latest public filing). Historical values on this page come from the SEC/IAPD filing archive; the public profile may show a newer filing.

Services & filing details

Showing values from the selected filing. Latest observed filing does not establish current registration status.

What changed?

Since Mar 31, 2025 · previous imported filing

No comparable changes in the displayed metrics.

Filing source

Form ADV 1974486 · Mar 31, 2025 · Items 1 & 5

Reported by KELSON ASSET MANAGEMENT LLC (CRD 315511).

Other-Than Anual Amendment For Registered Adviser.

Official IAPD profile (latest public filing). Historical values on this page come from the SEC/IAPD filing archive; the public profile may show a newer filing.

Management of assets

Discretionary: $0
Non-discretionary: $227M

Reported services

Pooled investment vehicle management

Compensation

Percentage of assets · Performance-based

Principal office

CRD 315511

Filing source

Form ADV 1974486 · Mar 31, 2025 · Items 1 & 5

Reported by KELSON ASSET MANAGEMENT LLC (CRD 315511).

Other-Than Anual Amendment For Registered Adviser.

Official IAPD profile (latest public filing). Historical values on this page come from the SEC/IAPD filing archive; the public profile may show a newer filing.