# 021 Investments LLC

> 021 Investments LLC is an SEC-registered investment advisory firm in Miami, FL, registered since 2023, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated March 26, 2026.

- CRD: 328334
- Filed as: 021 INVESTMENTS LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Miami, FL
- Filing period: October 2026
- Form ADV filing dated: March 26, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/328334
- AdvisorCensus page: https://advisorcensus.com/firm/021-investments-llc-miami-fl-328334

## Quick answers

**How is 021 Investments LLC compensated?**
On its Form ADV (Item 5.E, October 2026), 021 Investments LLC reports these compensation arrangements: a percentage of assets under its management; performance-based fees.

**How much does 021 Investments LLC charge?**
Its Form ADV Part 2A brochure dated March 26, 2026 states: Asset-based fee: 0.5% to 3% a year (a range, as the brochure states it). Fees can differ by service and may be negotiable; the brochure is the complete statement.

**Where is 021 Investments LLC located?**
021 Investments LLC's principal office is in Miami, FL, according to its Form ADV.

**Is 021 Investments LLC registered with the SEC or a state?**
021 Investments LLC is an SEC-registered investment advisory firm, registered since 2023. Status as filed: Approved. CRD 328334.

**How much does 021 Investments LLC manage?**
021 Investments LLC reports $205,000,000 in regulatory assets under management in its Form ADV filing dated March 26, 2026 (100% discretionary).

**How have 021 Investments LLC's assets and staff changed since 2024?**
In the Form ADV data for 021 Investments LLC: Regulatory assets under management: $230,000,000 in the October 2024 data and $205,000,000 in the October 2026 data, down 11%. Total employees: 3 in October 2024 and 5 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does 021 Investments LLC serve?**
By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (4).

**Does 021 Investments LLC report any disciplinary disclosures?**
Reports no disclosure items on Form ADV Item 11. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/328334

**What changed in 021 Investments LLC's recent Form ADV filings?**
In the April 2026 filing data: Changed its legal name from KRF Capital LLC to 021 Investments LLC. Employees performing advisory functions went from 1 to 3. Regulatory assets under management went from $230,000,000 to $205,000,000 (-11%). Updated its list of owners and control persons (Schedule A).

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management
- Performance-based fees

### Fees and minimums (Form ADV Part 2A brochure dated March 26, 2026)

- Asset-based fee: 0.5% to 3% a year (a range, as the brochure states it)

> The Fee will range from 0.5% to 3.0%.

As stated in the firm's brochure. Fees can differ by service and may be negotiable.

### Regulatory assets under management (Item 5.F)
- Total: $205,000,000
- Discretionary: $205,000,000
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Pooled investment vehicles (other than investment companies and business development companies) | 4 | $205,000,000 |

### Advisory services (Item 5.G)
- Portfolio management for pooled investment vehicles (other than investment companies)

### Firm details
- Registered since: 2023 (2 years)
- Employees: 5 total, 3 performing advisory functions
- Wrap fee program participation: No
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- krfcap.com
- LinkedIn @krf-capital

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2024 | $230,000,000 | 3 | April 22, 2024 |
| October 2025 | $230,000,000 | 1 | March 25, 2025 |
| October 2026 | $205,000,000 | 5 | March 26, 2026 |

Regulatory assets under management: $230,000,000 in the October 2024 data and $205,000,000 in the October 2026 data, down 11%.
Total employees: 3 in October 2024 and 5 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Changed its legal name from KRF Capital LLC to 021 Investments LLC.
- Employees performing advisory functions went from 1 to 3.
- Regulatory assets under management went from $230,000,000 to $205,000,000 (-11%).
- Updated its list of owners and control persons (Schedule A).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. 021 Investments LLC (CRD 328334): Form ADV filing data as of October 2026.