{"url":"https://nivawealth.com/firms/decathlon-capital-management-ii-175030","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/175030","regulatoryAum":266722851,"crd":"175030","history":[{"filedOn":"2021-03-30","regulatoryAum":434775247,"clients":5,"employees":12,"offices":1},{"filedOn":"2022-03-30","regulatoryAum":400062285,"clients":5,"employees":12,"offices":1},{"filedOn":"2023-03-30","regulatoryAum":449954096,"clients":5,"employees":13,"offices":2},{"filedOn":"2024-03-29","regulatoryAum":427554177,"clients":5,"employees":13,"offices":2},{"filedOn":"2025-03-31","regulatoryAum":343577389,"clients":4,"employees":13,"offices":2},{"filedOn":"2026-03-31","regulatoryAum":266722851,"clients":4,"employees":13,"offices":2}],"secFileNumber":"801-108317","legalName":"Decathlon Capital Management II, LLC","displayName":"Decathlon Capital Management II","slug":"decathlon-capital-management-ii-175030","website":"https://decathloncapital.com/","classification":{"segment":"private_funds","segmentLabel":"Private funds","type":"private_fund_manager","typeLabel":null,"feeDisclosure":"payment_only"},"linkedinUrl":"https://www.linkedin.com/company/decathlon-capital-partners?trk=public_profile_topcard_current_company","founded":null,"organization":"Delaware limited liability company","fiscalYearEnd":"December","headquarters":{"street":"1441 West Ute BLVD, Suite 240","city":"Park City","state":"UT","stateName":"Utah","country":"United States","postalCode":"84098"},"tradeNames":[],"registration":{"secApproved":"6 September 2016","noticeFilings":null,"latestNoticeFiling":null},"wealthAumPerClient":null,"staff":{"employees":13,"advisory":5,"brokerDealerReps":0,"insuranceAgents":0,"promoters":0},"aum":{"regulatory":266722851,"discretionary":266722851,"discretionaryAccounts":5,"nonDiscretionary":0,"nonDiscretionaryAccounts":0,"wrapProgram":null,"nonUsClientsPct":0,"nonAumClients":0},"clientTypes":[{"label":"Pooled investment vehicles","clients":4,"regulatoryAum":252036485},{"label":"Corporations and other businesses","clients":0,"fewerThan5":true,"regulatoryAum":14686366}],"feePrograms":[],"brochureCoverage":{"scope":"known_documents","status":"not_processed","checkedAt":null,"documents":[]},"custodians":[],"custodyNote":"Decathlon Capital Management II has custody of client assets.","otherCustodians":[],"leadership":[{"name":"Spencer Thunell","title":"Chief Financial Officer, Chief Compliance Officer","crd":"6565150"},{"name":"John Borchers","title":"Managing Member","crd":"6029779"},{"name":"Wayne Cantwell","title":"Managing Member","crd":"6029776"}],"ownership":[{"label":"John Borchers","detail":"Managing member in the 25% to 50% ownership band and a control person, since June 2013."},{"label":"Wayne Cantwell","detail":"Managing member in the 25% to 50% ownership band and a control person, since June 2013."},{"label":"Spencer Thunell","detail":"Chief financial officer, chief compliance officer in the 10% to 25% ownership band and a control person, since June 2014."}],"branchOffices":null,"filedOffices":{"otherThanPrincipal":1,"privateResidences":0},"listedOfficeAddresses":2,"foreignOffices":[],"officesByState":[{"state":"California","offices":1,"addresses":[{"street":"1300 El Camino Real","city":"Menlo Park"}]},{"state":"Utah","offices":1,"addresses":[{"street":"1441 West Ute BLVD, Suite 240","city":"Park City","headquarters":true}]}],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"435-200-1051","stateRegisteredReps":0,"otherAdviserReps":0,"compensation":["A percentage of assets under management","Other"],"activities":["Portfolio management for pooled investment vehicles (other than investment companies)","Portfolio management for businesses (other than small businesses) or institutional clients"],"financialPlanningClients":"0","assetMix":[{"label":"Other","percent":100,"detail":"The Adviser Provides Investment Advice to Decathlon Specialty Finance, LLC and Its Wholly-Owned Subsidiary, Decathlon Growth Capital, LLC, Which Provide Senior Secured Loans to Lower Middle Market Companies Seeking Growth Capital."}],"privateFunds":5},"sources":{"adv1FilingDate":"31 March 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/175030/PDF/175030.pdf","brochureDate":null,"brochureUrl":null,"iapdCompiledDate":null,"retrievedDate":"15 October 2026","retrievedOn":"2026-10-15","updatedOn":"2026-10-21","holdingsUpdatedOn":"2026-10-21","adv1Pages":{},"brochurePages":{}},"otherBusiness":[],"faq":[{"question":"How many clients does Decathlon Capital Management II have?","answer":"Decathlon Capital Management II has 4 clients and manages $267 million for them, as of March 2026. They include 4 pooled investment vehicles.","source":"Form ADV Part 1A, Items 5.D and 5.F, filed 31 March 2026","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Decathlon Capital Management II offer?","answer":"Decathlon Capital Management II provides portfolio management for pooled vehicles and portfolio management for institutions.","source":"Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How many financial advisors does Decathlon Capital Management II have?","answer":"Decathlon Capital Management II has 0 investment adviser representatives registered with state securities authorities, out of 13 employees, and 5 perform investment advisory functions. None are registered representatives of a broker-dealer or licensed insurance agents.","source":"Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What does Decathlon Capital Management II invest in?","answer":"At the end of its last fiscal year, Decathlon Capital Management II’s separately managed accounts held 100% other. The 100% other category is described as: The Adviser Provides Investment Advice to Decathlon Specialty Finance, LLC and Its Wholly-Owned Subsidiary, Decathlon Growth Capital, LLC, Which Provide Senior Secured Loans to Lower Middle Market Companies Seeking Growth Capital. It advises 5 private funds.","source":"Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Who owns Decathlon Capital Management II?","answer":"Decathlon Capital Management II’s direct owners are John Borchers, Wayne Cantwell and Spencer Thunell, each holding 50% or less.","source":"Form ADV Part 1A, Schedules A and B, filed 31 March 2026","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Decathlon Capital Management II get paid?","answer":"Decathlon Capital Management II is paid through a percentage of assets under management and other compensation. Its Form ADV lists no commissions or performance-based fees among how it is paid.","source":"Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How do I contact Decathlon Capital Management II?","answer":"Decathlon Capital Management II’s main office is at 1441 West Ute BLVD, Suite 240, Park City, UT 84098. Its phone number is 435-200-1051. Its website is decathloncapital.com.","source":"Form ADV Part 1A, Item 1.F, filed 31 March 2026","sourceRef":{"doc":"adv1","section":"offices"}}],"holdings":null,"notice":"Compiled from public SEC Form ADV filings on the dates in `sources`. Facts as filed; not a rating, ranking, or recommendation. Niva is not affiliated with this firm. Disciplinary history is deliberately not included here or on the page; the SEC publishes the complete record at the `iapdUrl` above."}