# Afbi LP

> Afbi LP is an SEC-registered investment advisory firm in New York, NY, registered since 2024, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated September 22, 2026.

- CRD: 331428
- Filed as: AFBI LP
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: New York, NY
- Filing period: October 2026
- Form ADV filing dated: September 22, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/331428
- AdvisorCensus page: https://advisorcensus.com/firm/afbi-lp-new-york-ny-331428

## Quick answers

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

**Where is Afbi LP located?**
Afbi LP's principal office is in New York, NY, according to its Form ADV; the October 2026 filing also lists 1 other office (Schedule D, Section 1.F).

**Is Afbi LP registered with the SEC or a state?**
Afbi LP is an SEC-registered investment advisory firm, registered since 2024. Status as filed: Approved. CRD 331428.

**How much does Afbi LP manage?**
Afbi LP reports $2,342,391,029 in regulatory assets under management in its Form ADV filing dated September 22, 2026 (100% discretionary).

**How have Afbi LP's assets and staff changed since 2025?**
In the Form ADV data for Afbi LP: Regulatory assets under management: $1,395,069,738 in the October 2025 data and $2,342,391,029 in the October 2026 data, up 68%. Total employees: 20 in October 2025 and 22 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Afbi LP serve?**
By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (8).

**Does Afbi LP 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/331428

**What changed in Afbi LP's recent Form ADV filings?**
In the October 2026 filing data: Added an office in Miami Beach, FL. No longer lists an office in New York, NY. 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

### Regulatory assets under management (Item 5.F)
- Total: $2,342,391,029
- Discretionary: $2,342,391,029
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Pooled investment vehicles (other than investment companies and business development companies) | 8 | $2,149,191,029 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | Fewer than 5 | $193,200,000 |

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

### Firm details
- Registered since: 2024 (1 year)
- Employees: 22 total, 11 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: FL, NY
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Other offices (Schedule D, Section 1.F), as of the October 2026 filing
- Miami Beach, FL

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

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2025 | $1,395,069,738 | 20 | March 28, 2025 |
| October 2026 | $2,342,391,029 | 22 | September 22, 2026 |

Regulatory assets under management: $1,395,069,738 in the October 2025 data and $2,342,391,029 in the October 2026 data, up 68%.
Total employees: 20 in October 2025 and 22 in October 2026.

## Changes in the filing (last 12 months)

### October 2026
- Added an office in Miami Beach, FL.
- No longer lists an office in New York, NY.
- Updated its list of owners and control persons (Schedule A).

### April 2026
- Employees performing advisory functions went from 20 to 11.
- Regulatory assets under management went from $1,395,069,738 to $2,342,391,029 (+68%).
- Changed its office addresses in New York, NY.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Afbi LP (CRD 331428): Form ADV filing data as of October 2026.