Phase 3 Capital Management

Asset Manager SEC-registered adviser

Legal name: Phase 3 Capital Management LLC

Boca Raton, FL Website LinkedIn

AUM

$2.5B
Regulatory AUM

Private funds

2
Hedge Fund 2

Private fund assets

$166.6M
Gross asset value

Employees

9

Last Form D raise

Mar 2026
Most recent fund filing

From SEC Form ADV filing (filed Sep 2, 2026). View on SEC

People(3)

Owners and executive officers named on the firm's SEC Form ADV.

E
Ethan Youderian
Founder, Chief Investment Officer, and Chief Executive Officer
Source: SEC Form ADV
K
Karim Alwan
Portfolio Manager, and Founding Principal
Source: SEC Form ADV
S
Shane Hoover
Portfolio Manager and Founding Principal
Source: SEC Form ADV

Funds(2)

Private funds reported on Form ADV, with amounts raised from the funds' SEC Form D filings.

FundTypeGross assetsRaised (Form D)InvestorsLast Form DRecency
Phase3 Global Rates Fund LLCHedge Fund$160.0M$20.5M9Mar 2026Warm
Phase3 Systematic Opportunity FundHedge Fund$6.6M——Nov 2025Warm

Board seats

Companies whose SEC Form D filings name one of this firm's people as a director, matched by name and office ZIP code.

No board seats matched from SEC filings yet.

Regulatory identifiers

CRD number
294408
SEC file number
801-113155

Sources