← Tributary

INDABA CAPITAL MANAGEMENT, L.P.

SAN FRANCISCO, CA · CRD 157905 · IAPD ↗ · indabacapital.com · 415-680-1030

$736.8MRegulatory AUM
7Advisory reps
14Employees
0Clients
n/aPlanning clients
1Private funds
2States
0Disclosures
fundSegment
ApprovedSEC status

Filing changes

48
January 2026 — INDABA CAPITAL MANAGEMENT, L.P. (SAN FRANCISCO, CA) left the SEC roster (was $736.8M RAUM, 7 reps).
Firm dropped off the SEC roster: closed, merged, fell below $100M and moved to state registration, or a 120-day provisional registration lapsed.
Recruiting & transitionsM&A & valuation
33
April 2024 — INDABA CAPITAL MANAGEMENT, L.P. reported RAUM down 32% ($1.26B -> $854.6M).
Regulatory AUM down >=25% since last filing.
M&A & valuationRecruiting & transitions
38
April 2024 — INDABA CAPITAL MANAGEMENT, L.P. shrank from 9 to 7 advisory reps.
Advisory representative count fell materially — advisors are moving, or the firm is shrinking.
Recruiting & transitionsM&A & valuation

Data: SEC Form ADV monthly roster (public). Confirm on IAPD before acting.