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Private fund adviser · Dallas, TX

Carlson Capital, L.P.

SEC-registered investment adviser · CRD 118156 · SEC 801-60758

At a glance

Carlson Capital, L.P. is an SEC-registered investment adviser based in Dallas, Texas, with $530 million in regulatory assets under management as of its Form ADV filed August 6, 2026. Its largest client group by assets is pooled investment vehicles. By Form ADV it is a private fund adviser, ranked 2,968th of 4,686 private fund advisers and 7,598th of 17,210 SEC-registered advisers by assets.

Main office 214-932-9600carlsoncapital.comLinkedInAs filed on Form ADV

Regulatory AUM
$530M
Rank among private fund advisers
#2,968 of 4,686
Rank among all SEC RIAs
#7,598 of 17,210
Rank in Texas
#498 of 1,081
Clients
14
Accounts
14
Discretionary
100% of AUM
Employees
26
Advisory staff
10
Offices
1

Owners and executives on its Form ADV

Custody and brokerage

Custodian

Carlson Capital, L.P.’s Form ADV lists no custodian for separately managed accounts. Firms report one only when they manage $10 million or more in those accounts.

Broker-dealer

No broker-dealer ties

Other RIAs with no broker-dealer ties

Who it serves

Client typeClientsRegulatory AUMShare
Pooled investment vehicles14$530M100%

Private funds

Carlson Capital, L.P. reports 11 private funds with $181M in gross assets: hedge funds (Form ADV Item 7.B).

Disciplinary disclosures

Carlson Capital, L.P. answers yes to 1 disclosure item in Item 11 of Form ADV (criminal, regulatory or civil matters involving the firm or its advisory affiliates). Read the details on the SEC’s adviser search ↗

Services

  • Portfolio management for pooled investment vehicles

How it’s paid

  • A percentage of assets under management
  • Performance-based fees

Form ADV and brochures on the SEC’s adviser search ↗carlsoncapital.com ↗

AtlasMembers

The full record on Carlson Capital, L.P.

Ten years of SEC filings, its owners and contacts, and how it stacks up against its peers. Atlas members see all of it.

Assets, accounts, clients and staff, ten years of filings
Locked
Growth over one, three and five years
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Rank against 2,277 peers of its type and size
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Owners and executives, with titles and stakes
5 namedLocked
Main office, fax and compliance officer
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Filing changes this year, with alerts
2Locked
Open Atlas free

Free while Atlas launches: create a free account and confirm your email. Every figure comes from SEC filings.

Background

Questions

How much does Carlson Capital, L.P. manage?

Carlson Capital, L.P. reports $530 million in regulatory assets under management across 14 accounts, 100% of it on a discretionary basis, on its Form ADV filed August 6, 2026.

What kind of firm is Carlson Capital, L.P.?

Carlson Capital, L.P. is a private fund adviser by its Form ADV answers. Private funds are at least half of its business by assets.

Who are Carlson Capital, L.P.’s clients?

By assets, its largest client types are pooled investment vehicles ($530 million, 14 clients).

Does Carlson Capital, L.P. manage private funds?

Yes. It reports 11 private funds with $181 million in gross assets, including hedge funds.

Does Carlson Capital, L.P. have any disciplinary history?

Carlson Capital, L.P. answers yes to 1 disclosure item in Item 11 of Form ADV, which covers criminal, regulatory and civil matters involving the firm or its advisory affiliates. The details are on the SEC’s adviser search.

Where these numbers come from

Every figure is Carlson Capital, L.P.’s own answer on its latest Form ADV, from the SEC’s registered-adviser list as of October 1, 2026: regulatory assets and accounts (Item 5.F), clients by type (5.D), employees (5.A and 5.B), compensation (5.E) and services (5.G). Custodians come from Schedule D 5.K(3) of its latest filing (2026-08-06), which lists those holding 10% or more of separately managed account assets and the amount at each. “Hybrid” means some employees are also registered representatives of a broker-dealer (Item 5.B(2)); affiliated broker-dealers are the related persons it lists in Item 7.A and Schedule D. Firm type comes from its own answers: broker-dealer firms are registered broker-dealers themselves (Item 6.A); private fund advisers manage mostly private funds (Item 7.B, 5.D); wealth managers manage at least half their assets for individuals (5.D). Ranks compare it by regulatory assets with every SEC-registered adviser and with firms of its type. Figures are as of the firm’s last annual update, so they can lag recent deals and market moves. Regulatory AUM counts assets the firm continuously supervises and can differ from what a firm markets.

Not an endorsement or a recommendation. Before hiring any adviser, read its Form ADV Part 2A brochure and check its record on the SEC’s adviser search. How to check a financial advisor →