Asset manager
North Ground Capital
CF Capital LLC · SEC-registered investment adviser · CRD 325287 · SEC 801-130002
At a glance
North Ground Capital is an SEC-registered investment adviser based in United States, with $196 million in regulatory assets under management as of its Form ADV filed April 30, 2026. Its largest client group by assets is other investment advisers. By Form ADV it is a asset manager, ranked 2,115th of 3,218 asset managers and 12,343rd of 17,210 SEC-registered advisers by assets.
northgroundcapital.comAs filed on Form ADV
- Regulatory AUM
- $196M
- Rank among asset managers
- #2,115 of 3,218
- Rank among all SEC RIAs
- #12,343 of 17,210
- Clients
- 3
- Accounts
- 4
- Discretionary
- 100% of AUM
- Employees
- 3
- Advisory staff
- 2
- Offices
- 1
Owners and executives on its Form ADV
- Mallory Cardona-FoxMember
- Jenaro Cardona-FoxChief Investment Officer
- G. S. MurphyChief Operating Officer, Chief Compliance Officer
Custody and brokerage
Who it serves
| Client type | Clients | Regulatory AUM | Share |
|---|---|---|---|
| Other investment advisers | – | $107M | 55% |
| Pooled investment vehicles | 3 | $89M | 45% |
Private funds
North Ground Capital reports 1 private funds with $89M in gross assets: hedge funds (Form ADV Item 7.B).
Disciplinary disclosures
North Ground Capital reports no disciplinary disclosures in Item 11 of Form ADV. Read the details on the SEC’s adviser search ↗
Services
- Portfolio management for pooled investment vehicles
- Portfolio management for businesses and institutions
How it’s paid
- A percentage of assets under management
- Fixed fees
- Performance-based fees
Form ADV and brochures on the SEC’s adviser search ↗northgroundcapital.com ↗
AtlasMembers
The full record on North Ground Capital
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, 2 years of filings
- Locked
- Growth over one, three and five years
- Locked
- Rank against 792 peers of its type and size
- Locked
- Owners and executives, with titles and stakes
- 3 namedLocked
- Main office, fax and compliance officer
- Locked
- Filing changes this year, with alerts
- 1Locked
Free while Atlas launches: create a free account and confirm your email. Every figure comes from SEC filings.
Background
Questions
How much does North Ground Capital manage?
North Ground Capital reports $196 million in regulatory assets under management across 4 accounts, 100% of it on a discretionary basis, on its Form ADV filed April 30, 2026.
What kind of firm is North Ground Capital?
North Ground Capital is a asset manager by its Form ADV answers. Most of its assets are managed for funds, institutions or other businesses rather than individuals.
Who are North Ground Capital’s clients?
By assets, its largest client types are other investment advisers ($107 million); pooled investment vehicles ($89 million, 3 clients).
Does North Ground Capital manage private funds?
Yes. It reports 1 private funds with $89 million in gross assets, including hedge funds.
Does North Ground Capital have any disciplinary history?
North Ground Capital reports no disciplinary disclosures in Item 11 of its Form ADV. Check the SEC’s adviser search for the latest record.
Where these numbers come from
Every figure is North Ground Capital’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 (2026-04-30), 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 →