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RIA / WealthRegistered adviserformer SEC adviserleft the SEC rosterRAUM under $100M

KELLNER MANAGEMENT, LP

CRD 118884

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:d4d46692-d74b-3193-5e31-82be830917d8

Data as of Jul 25, 2024 (this record's last observation) from federal regulator filings. Page built Sep 21, 2026, 5:43 PM UTC and rebuilt at most every 15 minutes.

Relationships: 11
Dated events: 2
On other graphs: 0
Observed: Feb 1, 2012 to Jul 25, 2024
37 observations

Across DFX

This entity has not been resolved onto another DFX graph by a shared identifier. A name match elsewhere would be a candidate, never an identity, and none is recorded.

Facts

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

Firm class: former SEC adviserderivedabsent from the latest SEC roster
Regulatory AUM: $88.0MItem 5.F on the latest filing (2024-07-25); as reported, and an affiliate's assets may be counted again on its own filing
Discretionary RAUM: $88.0M
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: 8
Advisory employees: 3
Offices: 0Schedule D 1.F, beyond the principal office
Accounts: 4
Private funds: 3Schedule D 7.B(1)
Private fund GAV: $121Mgross asset value as reported per fund; never fund size
Custody, client assets: $69.0M
SEC number: 801-60864
CRD: 118884
Filings on the tape: 37
First filed: Feb 1, 2012
Latest filed: Jul 25, 2024
Organised: Limited Partnership, Delaware
Website: kellnercap.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
KDC SECURITIES, LP	Hedge Fund	$101M	Aug 21, 2012	2	Feb 1, 2012	dropped	n/a
KDC ALPHA SECURITIES FUND, LP	Hedge Fund	$101M	Aug 21, 2012	50	Feb 1, 2012	dropped	021-135067
KC ABSOLUTE MERGER MASTER FUND LP	Hedge Fund	$68.7M	Jul 25, 2024	2	Apr 12, 2019	reported	n/a
KC ABSOLUTE MERGER FUND LP	Hedge Fund	$47.0M	Jul 25, 2024	62	Apr 12, 2019	reported	021-334751
KC ABSOLUTE OFFSHORE MERGER FUND LTD	Hedge Fund	$5.3M	Jul 25, 2024	17	Apr 12, 2019	reported	021-334754

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
FRIEDMAN, GLEN, MICHAEL	CFO/CHIEF COMPLIANCE OFFICER	Na	yes	12/2001	Feb 1, 2012	Jul 25, 2024
KELLNER CAPITAL, LLC	GENERAL PARTNER	E	yes	01/2013	Feb 1, 2012	Jul 25, 2024
KELLNER, GEORGE, ANDREW	MANAGING MEMBER	E	yes	01/2012	Feb 1, 2012	Jul 25, 2024
KELLNER, GEORGE, ANDREW	LIMITED PARTNER	Na	yes	06/2002	Feb 1, 2012	Jul 25, 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
KELLNER PRIVATE FUND MANAGEMENT, LP	n/a	Former SEC adviser	$114M	N	yes	n/a
CASTLE LIGHT PARTNERS LP	n/a	n/a	n/a	N	yes	n/a
HITHERLANE PARTNERS, LLC	n/a	n/a	n/a	N	yes	n/a
KELLNER GROUP, LLC	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

Fiscal year	Filed	RAUM	Discretionary	Employees	Advisory staff	Offices	Private funds	Fund GAV
2024	Jul 25, 2024	$88.0M	$88.0M	8	3	0	3	$121M
2023	Jul 19, 2023	$110M	$110M	8	3	0	3	$138M
2022	Jul 21, 2022	$157M	$157M	8	3	0	3	$150M
2021	Jul 22, 2021	$298M	$298M	8	3	0	3	$232M
2020	Jul 16, 2020	$218M	$218M	8	3	0	3	$136M
2019	Jul 25, 2019	$309M	$309M	8	3	0	3	$67.9M
2018	Sep 11, 2018	$274M	$274M	8	3	0	n/a	n/a
2017	Aug 8, 2017	$203M	$203M	10	3	n/a	n/a	n/a
2016	Aug 5, 2016	$223M	$223M	12	5	n/a	n/a	n/a
2015	Aug 3, 2015	$127M	$127M	12	4	n/a	n/a	n/a
2014	Jul 17, 2014	$51.9M	$51.9M	11	4	n/a	n/a	n/a
2013	Jul 24, 2013	$4.3M	$4.3M	20	6	n/a	n/a	n/a
2012	Aug 21, 2012	$189M	$189M	n/a	n/a	n/a	4	$312M

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
2024	$88.0M	$110M	-19.7%	$298M	-33.4%	8	8	0	0

Relationships

Affiliated with (2)

→ KELLNER PRIVATE FUND MANAGEMENT, LPRegistered adviserother investment adviser, common control
factForm ADV
← KELLNER PRIVATE FUND MANAGEMENT, LPRegistered adviserother investment adviser, common control
factForm ADV

Advises (5)

→ KC ABSOLUTE MERGER FUND LPPrivate fundHedge Fund, IA
Apr 12, 2019 to presentfactForm ADV
→ KC ABSOLUTE OFFSHORE MERGER FUND LTDPrivate fundHedge Fund, IA
Apr 12, 2019 to presentfactForm ADV
→ KC ABSOLUTE MERGER MASTER FUND LPPrivate fundHedge Fund, IA
Apr 12, 2019 to presentfactForm ADV
→ KDC SECURITIES, LPPrivate fundHedge Fund, IA, no longer reported
Feb 1, 2012 to Aug 21, 2012factForm ADV
→ KDC ALPHA SECURITIES FUND, LPPrivate fundHedge Fund, IA, no longer reported
Feb 1, 2012 to Aug 21, 2012factForm ADV

Controls (3)

← FRIEDMAN, GLEN, MICHAELOwnerCFO/CHIEF COMPLIANCE OFFICER, ownership code NA, individual
Feb 1, 2012 to presentfactForm ADV
← KELLNER, GEORGE, ANDREWOwnerMANAGING MEMBER, ownership code E, individual
Feb 1, 2012 to presentfactForm ADV
← KELLNER CAPITAL, LLCOwnerGENERAL PARTNER, ownership code E, domestic entity
Feb 1, 2012 to presentfactForm ADV

Dated events

Occurred
Feb 3, 2025
Left the SEC roster
Kellner Management, Lp no longer on the SEC adviser roster (last listed 2025-01-02, RAUM $88.0M)
Form ADVobserved 6 days ago
$88.0M
Occurred
Jul 21, 2022
Regulatory AUM changed
Kellner Management, Lp reported RAUM $156.6M, down 43% from $275.9M (2021-11-08 to 2022-07-21)
Form ADVobserved 6 days ago
$-119M

Provenance

Graph: RIA / Wealth Management
Canonical id: dfx:ria:d4d46692-d74b-3193-5e31-82be830917d8
First observed: Feb 1, 2012
Last observed: Jul 25, 2024 26 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.

KELLNER MANAGEMENT, LP

CRD 118884

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:d4d46692-d74b-3193-5e31-82be830917d8

Data as of Jul 25, 2024 (this record's last observation) from federal regulator filings. Page built Sep 21, 2026, 5:43 PM UTC and rebuilt at most every 15 minutes.

Fund

Type

Reported GAV

As of

Owners

First reported

Status

Form D file

KDC SECURITIES, LP

Hedge Fund

$101M

Aug 21, 2012

Feb 1, 2012

dropped

n/a

KDC ALPHA SECURITIES FUND, LP

Hedge Fund

$101M

Aug 21, 2012

Feb 1, 2012

dropped

021-135067

KC ABSOLUTE MERGER MASTER FUND LP

Hedge Fund

$68.7M

Jul 25, 2024

Apr 12, 2019

reported

n/a

KC ABSOLUTE MERGER FUND LP

Hedge Fund

$47.0M

Jul 25, 2024

Apr 12, 2019

reported

021-334751

KC ABSOLUTE OFFSHORE MERGER FUND LTD

Hedge Fund

$5.3M

Jul 25, 2024

Apr 12, 2019

reported

021-334754

Owner

Title

Ownership code

Control person

Acquired

First seen

Last seen

FRIEDMAN, GLEN, MICHAEL

CFO/CHIEF COMPLIANCE OFFICER

yes

12/2001

Feb 1, 2012

Jul 25, 2024

KELLNER CAPITAL, LLC

GENERAL PARTNER

yes

01/2013

Feb 1, 2012

Jul 25, 2024

KELLNER, GEORGE, ANDREW

MANAGING MEMBER

yes

01/2012

Feb 1, 2012

Jul 25, 2024

KELLNER, GEORGE, ANDREW

LIMITED PARTNER

yes

06/2002

Feb 1, 2012

Jul 25, 2024

Related person

Type

Class on the graph

Its RAUM

Control

Common control

State

KELLNER PRIVATE FUND MANAGEMENT, LP

n/a

Former SEC adviser

$114M

yes

n/a

CASTLE LIGHT PARTNERS LP

n/a

yes

n/a

HITHERLANE PARTNERS, LLC

n/a

yes

n/a

KELLNER GROUP, LLC

n/a

yes

n/a

Fiscal year

Filed

RAUM

Discretionary

Employees

Advisory staff

Offices

Private funds

Fund GAV

2024

Jul 25, 2024

$88.0M

$121M

2023

Jul 19, 2023

$110M

$138M

2022

Jul 21, 2022

$157M

$150M

2021

Jul 22, 2021

$298M

$232M

2020

Jul 16, 2020

$218M

$136M

2019

Jul 25, 2019

$309M

$67.9M

2018

Sep 11, 2018

$274M

n/a

2017

Aug 8, 2017

$203M

n/a

2016

Aug 5, 2016

$223M

n/a

2015

Aug 3, 2015

$127M

n/a

2014

Jul 17, 2014

$51.9M

n/a

2013

Jul 24, 2013

$4.3M

n/a

2012

Aug 21, 2012

$189M

n/a

$312M

Latest fiscal year

RAUM

A year earlier

1y change

Three years earlier

3y CAGR

Employees

A year earlier

Offices

A year earlier

2024

$88.0M

$110M

-19.7%

$298M

-33.4%