Data / Investment advisers / Kentucky / Middleground Capital
Middleground Capital, Lexington, KY: $3.9 billion AUM, SEC registered investment adviser
Middleground Capital is an SEC registered investment adviser with its main office in Lexington, Kentucky and reports $3.9 billion in regulatory assets under management in its Form ADV filed May 21, 2026. Its clients include pooled investment vehicles. It is paid through a percentage of assets under management and performance based fees. It advises 24 private funds.
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- Registration
- SEC registered investment adviser
- CRD number
- 297235
- SEC file number
- 801-113431
- SEC status
- Approved, effective June 15, 2018
- Legal name
- Middleground Management, LP
- Main office
- 1500 Aristides Blvd., Lexington, KY 40511
- Phone
- (859) 721-1466
- Regulatory AUM
- $3,887,849,106 in the Form ADV filed May 21, 2026
- Discretionary AUM
- $3,887,849,106
- Accounts
- 24
- Employees
- 111, of which 38 give investment advice
- Form of organization
- Limited Partnership
- Paid through
- a percentage of assets under management, performance based fees
- Private funds
- 24: 24 private equity funds
- Gross assets of private funds
- $3,418,658,205
- Other offices
- 2
- Form ADV Item 11 disclosures
- None reported
- Latest Form ADV filing
- May 21, 2026
- SEC record
- Investment Adviser Public Disclosure
Clients
Client types the adviser reports in Form ADV item 5.D, with the AUM it attributes to each.
| Client type | Clients | AUM |
|---|---|---|
| Pooled investment vehicles | 24 | $3.89 billion |
AUM in the SEC's monthly files
Each change in the AUM the adviser reported across the monthly SEC files held here, with the first file that shows the new value.
| First in the file of | AUM | Form ADV filed |
|---|---|---|
| June 1, 2026 | $3.89 billion | May 21, 2026 |
| May 1, 2026 | $4.02 billion | April 1, 2026 |
| December 1, 2025 | $4.11 billion | May 26, 2025 |
Other advisers in Lexington
| Adviser | City | AUM | Private funds | Source |
|---|---|---|---|---|
| Meridian Wealth Management, LLC | Lexington | $4.98 billion | Not listed | adviserinfo.sec.gov |
| MCF Advisors, LLC | Lexington | $4.68 billion | 1 | adviserinfo.sec.gov |
| Keystone Financial Group, LLC | Lexington | $2.34 billion | Not listed | adviserinfo.sec.gov |
| E. S. Barr & Company | Lexington | $2.22 billion | 1 | adviserinfo.sec.gov |
| Dupree & Company, Inc. | Lexington | $888.2 million | Not listed | adviserinfo.sec.gov |
| Asio Capital LLC | Lexington | $805.1 million | Not listed | adviserinfo.sec.gov |
| Ballast, Inc. | Lexington | $751.5 million | Not listed | adviserinfo.sec.gov |
Also on SpecStream
- Investment advisers in Lexington, KY
- Investment advisers in Kentucky
- Advisers with $1 billion to $10 billion in AUM
- Advisers serving pooled investment vehicles
- Advisers that manage private funds
- Middleground Capital on the SEC's adviser search
Updated November 7, 2026. Read from the SEC's Form ADV data files for investment advisers. Public data published by the US Securities and Exchange Commission (US government work). Advisers report these values themselves in Form ADV, and neither the SEC nor the states approve or guarantee them. AUM is regulatory assets under management as the adviser reported it in Form ADV item 5.F, which can differ from the AUM a firm quotes elsewhere. Exempt reporting advisers do not report AUM. Office address, phone and website are the adviser's main office as filed; a firm that files its main office as a private residence shows no street address or phone. An Item 11 disclosure is a reported event, not a finding about the firm today. Details for each firm are on the SEC's Investment Adviser Public Disclosure site. This page uses SEC data and is not endorsed or certified by the SEC. Free to reuse with credit to SpecStream under CC BY 4.0. Spot a wrong value? Write to [email protected] with the link to this page.