Colchis Capital Management, L.P.
- Regulatory AUM
- $1.3B
- Discretionary
- $1.3B
- Clients
- 11
- Avg AUM / client
- $122M
- Accounts
- 6
- Employees
- 17
AUM over time
Annual snapshots from Form ADV filings · as of Jun 04, 2026
Who they serve
| Client type | Clients | AUM | % of AUM |
|---|---|---|---|
| Pooled investment vehicles (non-investment companies) | 10 | $1.3B | 93.5% |
| Corporations and other businesses | 1 | $86.7M | 6.47% |
Private funds (5)
Reported in Form ADV Section 7.B.(1), filing of Mar 2024 · $933M combined gross assets
| Fund | Type | Domicile | Gross assets | Owners |
|---|---|---|---|---|
| Colchis Rblf Lp master | Hedge Fund | Delaware | $861M | 144 |
| Colchis Income Offshore Master Fund, L.P. master | Hedge Fund | Cayman Islands | $51.5M | 212 |
| Colchis Opportunities Master Fund, L.P. master | Venture Capital Fund | Cayman Islands | $11.7M | 44 |
| Colchis/Marlette Income Fund, Ltd. | Hedge Fund | Cayman Islands | $5.0M | 26 |
| Colchis/Marlette Income Fund, L.P. | Hedge Fund | Delaware | $4.2M | 43 |
People (6)
| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| Conrads, Edward, Michael | Managing Partner | Mar 2012 (14y) | Less than 5% | |
| Conrads, Robert, John | Chairman | Mar 2012 (14y) | Less than 5% | |
| Peters, Andrea | Chief Compliance Officer And Vp Of Finance & Accounting | Jun 2014 (12y) | Less than 5% | |
| Tonderys, Josh | Managing Partner | Aug 2019 (7y) | ≈ 7.5% – 25% via Wantastiquet Llc | |
| Damus, Robert | Chief Technology Officer | Jan 2020 (7y) | Less than 5% | |
| Yee, Sun, D. | Chief Financial Officer | Aug 2023 (3y) | Less than 5% |
Entity owners (Schedule A/B)
| Entity | Title / status | Since | Sch. | Ownership |
|---|---|---|---|---|
| The Robert Conrads Investment Trust | Limited Partner | Jul 2015 | A | 25% – 50% |
| The Edward Conrads Investment Trust | Limited Partner | Jul 2015 | A | 25% – 50% |
| Wantastiquet Llc | Limited Partner | Nov 2023 | A | 10% – 25% |
| Sarnoc Financial, Llc | General Partner | Mar 2012 | A | Less than 5% |
| The Robert Conrads Investment Trust | Member | Jul 2015 | B | ≈ 0% – 3.75% via Sarnoc Financial, Llc |
| The Edward Conrads Investment Trust | Member | Jul 2015 | B | ≈ 0% – 3.75% via Sarnoc Financial, Llc |
Undisclosed: 0% – 40% of the firm is not attributable from the filed Schedule A bands.
Estimated effective ownership (look-through of filed bands):
- Tonderys, Josh: 75% – 100% of Wantastiquet Llc × 10% – 25% direct ≈ 7.5% – 25% of the firm
- The Robert Conrads Investment Trust: 50% – 75% of Sarnoc Financial, Llc × 0% – 5% direct ≈ 0% – 3.75% of the firm
- The Edward Conrads Investment Trust: 50% – 75% of Sarnoc Financial, Llc × 0% – 5% direct ≈ 0% – 3.75% of the firm
Roster from the IAPD representatives feed; ownership and acquisition dates from Form ADV Schedule A/B. "Since" is the earliest filed registration or acquisition date.
Private funds (5, $933M gross assets)
| Fund | Type | Gross assets | Min. investment | Owners |
|---|---|---|---|---|
| Colchis Rblf Lp | Hedge Fund | $861M | $1.0M | 144 |
| Colchis Income Offshore Master Fund, L.P. | Hedge Fund | $51.5M | $1.0M | 212 |
| Colchis Opportunities Master Fund, L.P. | Venture Capital Fund | $11.7M | $500K | 44 |
| Colchis/Marlette Income Fund, Ltd. | Hedge Fund | $5.0M | $1.0M | 26 |
| Colchis/Marlette Income Fund, L.P. | Hedge Fund | $4.2M | $1.0M | 43 |
From Form ADV Section 7.B private fund reporting.
Documents (1 archived)
| Form | Period | Size | |
|---|---|---|---|
| Form ADV (full filing) | 06/04/2026 | 1.74 MB | View · PDF · Source ↗ |
Archived copies of the firm's regulatory filings, versioned by content hash.
Disciplinary disclosures
No disciplinary events reported on the firm's latest Form ADV filing.
How they charge
- • Percentage of assets under management
- • Performance-based fees
Services
- • Portfolio management for pooled investment vehicles
Custody
Reported custodians
- Computershare Corporate Trust $82.1M (6% of AUM) Jun 2026
- Idaho First Bank $4.5M (0% of AUM) Jun 2026
Amounts as reported in ADV Item 5.K.(3) (custodians holding 10%+ of SMA assets).
Firm reports having custody of client funds or securities (Item 9.A).
Source
All data on this page comes from this firm's Form ADV filings, reproduced without modification. Latest filing: Jun 04, 2026.
View current Form ADV (SEC/IAPD) ↗