AdFi
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Elkwater Capital

SEC Registered

Invest Thoughtfully in BDCs with Elkwater Capital

New York, NYhttps://elkwatercapital.com212-347-7385
Assets Under Management
Under $100M
Year Founded
2023
Employees
3
Office Locations
1 office
Total Accounts
5

About the firm

Elkwater Capital is an SEC-registered investment platform that specializes in navigating the publicly traded Business Development Company (BDC) universe to deliver risk-adjusted returns. Founded with a commitment to capital preservation, the platform targets the equity and debt of publicly traded BDCs to produce highly uncorrelated returns. Since its launch in May 2023, it has consistently exceeded benchmarks while maintaining favorable risk metrics.

Firm Focus

Client segments reported on the firm's SEC Form ADV — applies to all advisors at the firm.

High Net WorthPooled VehiclesPension/Profit Sharing

Areas of expertise

BDCsBusiness Development CompaniesHigh-yieldSenior Secured LoansCreditPrivate EquityRisk-adjusted ReturnsCapital PreservationPublicly Traded Securities

Services

Investment management focused on publicly traded Business Development Companies (BDCs), combining deep market expertise, rigorous analysis, and disciplined execution to deliver consistent high-yield returns through carefully curated BDC equity and debt investments on a liquid platform.

Private funds / alternatives
Hedge

Who they serve

Investors seeking high-yield, risk-adjusted returns through publicly traded BDCs

Client segmentClientsAssets managed
Pension/Profit Sharing Plans4$36M

Office locations

1 office in 1 state
NY
New YorkHQ

Regulatory & compliance

CRD number
#333963
SEC Number
801-132998
Disciplinary History
No
Fee Model & Minimums
Model: AUM / Performance-based
Minimum: $1,000,000 (waivable)
Asset tierAnnual rate
Up to $10 million1.20%
$10,000,001 to $25 million1.00%
Over $25 million0.80%

Data as of March 20, 2026 · Source: SEC IAPD & FINRA BrokerCheck

Contact Information

Editorial disclosure

This profile was compiled and published by AdvisorFinder as editorial content using publicly available information from the SEC's IAPD database and FINRA BrokerCheck. Elkwater Capital has not reviewed, approved, or endorsed this profile and is not responsible for its accuracy. Regulatory records change over time — always verify the current record directly on the SEC or FINRA websites before making any decision.

BrokerCheck data is used subject to the FINRA BrokerCheck Terms of Use. Found something inaccurate? Report inaccurate data and we will correct any error we introduced. Errors in the underlying BrokerCheck record itself are referred to FINRA, which maintains that record.

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Elkwater Capital in New York, NY | AdvisorFinder