All advisers

SEC-Registered Investment Adviser

Carnelian Asset Management & Advisors Private Limited

CRD 335103

Registration facts are from the firm's Form ADV Part 1A as published by the SEC, latest filing dated May 11, 2026. Figures are firm-level: they describe the advisory firm, not any single offering.

Registration

Status
Approved
Registered since
May 11, 2026
Principal office
1205/1206 One Lodha Place, Senapati Bapat Marg, Lower Parel West, Mumbai, Maharashtra 400013
Organized as
Corporation
Fiscal year end
March
Full record on SEC IAPD

Scale

Regulatory AUM
$1.5B
Attributable to non-US clients
$931.6M
Accounts
4,540
Clients
0
Employees
73, 4 in advisory roles
Private funds advised
1
Private fund gross assets
$16.9M
Fund types
1 other private funds
Funds with Form D records
1 issuer in AltStreet's ledger, $9.2M reported sold across them

Business, clients and compensation, as filed

Advisory activities
portfolio management for individuals and small businesses, portfolio management for pooled investment vehicles and portfolio management for businesses and institutional clients
Compensated by
a percentage of assets under management, fixed fees and performance-based fees
Client types
high net worth individuals (4,535); pooled investment vehicles (5)
Related persons include
a sponsor, general partner or managing member of pooled investment vehicles

Form ADV Item 11 disclosures

No yes answers on Item 11 as of the latest Form ADV (May 11, 2026). Item 11 covers the firm and its advisory affiliates.

Form D activity of the funds this firm advises, by year

1 issuer in AltStreet's EDGAR ledger are joined to this adviser through Form ADV Schedule D, with Form D filings from November 4, 2025 to November 6, 2025. 1 offering is still raising on the latest filing. Reported sold across them: $9.2M.Years are the year of each offering's first notice; sold and investors are the latest figures on each chain. Counts and totals only; the fund roster is in the terminal.

First noticeOfferingsReported soldInvestors
20251$9.2M15

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Source: SEC Form ADV via IARD (roster of October 6, 2026), matched to the platform by AltStreet analysts. Item 11 answers are as reported on the firm's Form ADV and cover the firm and its advisory affiliates; consult the firm's IAPD record for the Disclosure Reporting Pages. Brochure statements are the firm's own. Nothing on this page is investment advice.