DFX Intelligence

Data Factory

RIA / WealthRegistered adviserasset managerSEC registeredRAUM 100m 1b

CARBON DIRECT CAPITAL MANAGEMENT LLC

CRD 317548

NEW YORK, NY

This is the graph view. The full profile, with its team, deals and sources, is on RIA / Wealth Management.Open the full profile →

Search this name across graphsid dfx:ria:c9fb30e0-13de-c545-5f4a-93ce8300e1c0

Data as of Apr 30, 2026 (this record's last observation) from federal regulator filings. Page built Sep 21, 2026, 3:03 AM UTC and rebuilt at most every 15 minutes.

Relationships: 8
Dated events: 1
On other graphs: 3
Observed: Mar 31, 2023 to Apr 30, 2026
10 observations

Across DFX

same identity by shared identifier, citation, or a bridge measured by hand

Venture Capitalidentity

Carbon Direct Capital Management LLC

Venture manager · shared crd

Independent Sponsorsidentity

Carbon Direct Capital Management LLC

Capital provider to sponsors · shared crd

Private Equityidentity

Carbon Direct Capital Management LLC

Private equity manager · shared crd

Facts

fact = as filed or announced; derived = computed by DFX; estimate = a band, never a point

Firm class: asset managerderivedprivate_client_share=0.0 fund_share=1.0 institutional_share=0.0 related_bd=false related_bank=true bd_reps=0.0
Regulatory AUM: $730MItem 5.F on the latest filing (2026-04-30); as reported, and an affiliate's assets may be counted again on its own filing
Discretionary RAUM: $730M
Private client RAUM: $0derivedItem 5.D individuals plus high net worth individuals
Private client share: 0%derivedprivate client RAUM over total RAUM
Advisors on IAPD: 0
Employees: 15
Advisory employees: 8
Offices: 0Schedule D 1.F, beyond the principal office
Accounts: 9
Private funds: 9Schedule D 7.B(1)
Custody, client assets: $730M
SEC number: 801-127893
CRD: 317548
Filings on the tape: 10
First filed: Mar 31, 2023
Latest filed: Apr 30, 2026
Organised: Limited Liability Company, DE
Website: carbondirectcapital.com

Private funds

Schedule D 7.B(1); gross asset value as reported, never fund size; reporting ends 2024-12-31

Fund	Type	Reported GAV	As of	Owners	First reported	Status	Form D file
CARBON DIRECT FUND II LP	Venture Capital Fund	$400M	Aug 28, 2024	101	Mar 31, 2023	reported	021-432449
CARBON DIRECT FUND I LP	Private Equity Fund	$202M	Aug 28, 2024	97	Dec 13, 2021	reported	021-389027
CARBON DIRECT FUND II-A LP	Venture Capital Fund	$47.2M	Aug 28, 2024	11	Mar 31, 2023	reported	021-432448
CARBON DIRECT SPV I, LLC	Venture Capital Fund	$34.0M	Aug 28, 2024	10	Dec 13, 2021	reported	021-392905
CARBON DIRECT FUND II-B LP	Venture Capital Fund	$9.9M	Aug 28, 2024	2	Mar 27, 2024	reported	n/a

Owners and control persons

Schedule A and B as filed; ownership codes are the form's bands (NA under 5%, A 5 to 10%, B 10 to 25%, C 25 to 50%, D 50 to 75%, E over 75%); people are listed as filed and never merged by name

Owner	Title	Ownership code	Control person	Acquired	First seen	Last seen
CARBON DIRECT LLC	Member	E	yes	09/2020	Mar 31, 2023	Aug 28, 2024
ESTELLA, ALICIA, DAWN	CCO, CFO	Na	yes	03/2022	Mar 31, 2023	Aug 28, 2024
GOLDBERG, JONATHAN	CEO, MANAGING MEMBER	Na	yes	09/2020	Mar 31, 2023	Aug 28, 2024

Affiliates (Item 7.A)

as filed on Item 7.A; a related person with a CRD on the graph links to its own page

Related person	Type	Class on the graph	Its RAUM	Control	Common control	State
BBL COMMODITIES LP	n/a	n/a	n/a	N	yes	n/a

Regulatory AUM by fiscal year

annual amendments (and the roster's annual snapshot) as filed; where a year was amended twice the later filing draws the line; showing 3 of 5

Fiscal year	Filed	RAUM	Discretionary	Employees	Advisory staff	Private funds	Fund GAV
2025	Apr 30, 2026	$730M	$730M	15	8	9	n/a
2024	Apr 2, 2025	$800M	$800M	17	8	9	n/a
2023	Mar 27, 2024	$696M	$696M	12	6	5	$696M

Growth

derived from consecutive annual filings; RAUM as reported

Latest fiscal year	RAUM	A year earlier	1y change	Three years earlier	3y CAGR	Employees	A year earlier	Offices	A year earlier
2025	$730M	$800M	-8.8%	n/a	n/a	15	17	0	0

Relationships

Advises (5)

→ CARBON DIRECT SPV I, LLCPrivate fundVenture Capital Fund, IA
Dec 13, 2021 to presentfactForm ADV
→ CARBON DIRECT FUND I LPPrivate fundPrivate Equity Fund, IA
Dec 13, 2021 to presentfactForm ADV
→ CARBON DIRECT FUND II-A LPPrivate fundVenture Capital Fund, IA
Mar 31, 2023 to presentfactForm ADV
→ CARBON DIRECT FUND II LPPrivate fundVenture Capital Fund, IA
Mar 31, 2023 to presentfactForm ADV
→ CARBON DIRECT FUND II-B LPPrivate fundVenture Capital Fund, IA
Mar 27, 2024 to presentfactForm ADV

Controls (3)

← GOLDBERG, JONATHANOwnerCEO, MANAGING MEMBER, ownership code NA, individual
Mar 31, 2023 to Aug 28, 2024factForm ADV
← ESTELLA, ALICIA, DAWNOwnerCCO, CFO, ownership code NA, individual
Mar 31, 2023 to Aug 28, 2024factForm ADV
← CARBON DIRECT LLCOwnerMEMBER, ownership code E, domestic entity
Mar 31, 2023 to Aug 28, 2024factForm ADV

Dated events

Occurred
Mar 31, 2023
First Form ADV filing
Carbon Direct Capital Management Llc filed its initial SEC registration (Form ADV)
Form ADVobserved 6 days ago

Provenance

Graph: RIA / Wealth Management
Canonical id: dfx:ria:c9fb30e0-13de-c545-5f4a-93ce8300e1c0
First observed: Mar 31, 2023
Last observed: Apr 30, 2026 4 months ago
Source families: Federal regulator filings
3 registered feeds stand behind this record; each fact above carries its own dates and, where the publisher serves one, its document.
Resolution: Identity across graphs by shared identifier (CRD, CIK, EIN, ADV fund id, individual CRD) or citation; a name match is shown as a candidate and never merged.

CARBON DIRECT CAPITAL MANAGEMENT LLC

CRD 317548

NEW YORK, NY

This is the graph view. The full profile, with its team, deals and sources, is on RIA / Wealth Management.Open the full profile →

Search this name across graphsid dfx:ria:c9fb30e0-13de-c545-5f4a-93ce8300e1c0

Data as of Apr 30, 2026 (this record's last observation) from federal regulator filings. Page built Sep 21, 2026, 3:03 AM UTC and rebuilt at most every 15 minutes.

Fund

Type

Reported GAV

As of

Owners

First reported

Status

Form D file

CARBON DIRECT FUND II LP

Venture Capital Fund

$400M

Aug 28, 2024

101

Mar 31, 2023

reported

021-432449

CARBON DIRECT FUND I LP

Private Equity Fund

$202M

Aug 28, 2024

Dec 13, 2021

reported

021-389027

CARBON DIRECT FUND II-A LP

Venture Capital Fund

$47.2M

Aug 28, 2024

Mar 31, 2023

reported

021-432448

CARBON DIRECT SPV I, LLC

Venture Capital Fund

$34.0M

Aug 28, 2024

Dec 13, 2021

reported

021-392905

CARBON DIRECT FUND II-B LP

Venture Capital Fund

$9.9M

Aug 28, 2024

Mar 27, 2024

reported

n/a

Owner

Title

Ownership code

Control person

Acquired

First seen

Last seen

CARBON DIRECT LLC

Member

yes

09/2020

Mar 31, 2023

Aug 28, 2024

ESTELLA, ALICIA, DAWN

CCO, CFO

yes

03/2022

Mar 31, 2023

Aug 28, 2024

GOLDBERG, JONATHAN

CEO, MANAGING MEMBER

yes

09/2020

Mar 31, 2023

Aug 28, 2024

Related person

Type

Class on the graph

Its RAUM

Control

Common control

State

BBL COMMODITIES LP

n/a

yes

n/a

Fiscal year

Filed

RAUM

Discretionary

Employees

Advisory staff

Offices

Private funds

Fund GAV

2025

Apr 30, 2026

$730M

n/a

2024

Apr 2, 2025

$800M

n/a

2023

Mar 27, 2024

$696M

Latest fiscal year

RAUM

A year earlier

1y change

Three years earlier

3y CAGR

Employees

A year earlier

Offices

A year earlier

2025

$730M

$800M

-8.8%

n/a