{
  "crd_number": 311857,
  "slug": "banyan-alpha-investment-l-p-south-san-francisco-ca-311857",
  "primary_business_name": "BANYAN ALPHA INVESTMENT L.P.",
  "legal_name": "BANYAN ALPHA INVESTMENT L.P.",
  "dbas": [],
  "city": "South San Francisco",
  "state": "CA",
  "country": "United States",
  "cbsa_code": "41860",
  "metro": {
    "cbsa_code": "41860",
    "common_name": "San Francisco",
    "msa_name": "San Francisco-Oakland-Fremont, CA",
    "path": "/advisors/ca/san-francisco"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2021-02-16",
  "years_registered": 5,
  "period": "2026-10-01",
  "filing_date": "2026-03-19",
  "carried_forward": false,
  "raum_total": 751940092.0,
  "raum_discretionary": 751940092.0,
  "raum_non_discretionary": 0.0,
  "raum_band": "500m_1b",
  "raum_band_label": "$500 million to $1 billion",
  "total_employees": 5,
  "advisory_employees": 4,
  "client_count_bucket": null,
  "clients_by_type": {
    "pooled_investment_vehicles": {
      "raum": 270782609.0,
      "count": 4
    },
    "corporations_other_businesses": {
      "raum": 481157483.0,
      "count": 2
    }
  },
  "compensation_types": [
    "other",
    "performance_based"
  ],
  "advisory_activities": [
    "portfolio_management_pooled_vehicles"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [
    "CA"
  ],
  "websites": [
    "https://banyanalpha.com",
    "https://linkedin.com/company/banyan-alpha-investment-lp"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/311857",
  "city_as_filed": "SOUTH SAN FRANCISCO",
  "url": "https://advisorcensus.com/firm/banyan-alpha-investment-l-p-south-san-francisco-ca-311857",
  "display_name": "Banyan Alpha Investment L.P.",
  "summary": "Banyan Alpha Investment L.P. is an SEC-registered investment advisory firm in South San Francisco, CA, registered since 2021, reporting $500 million to $1 billion in regulatory assets under management in its Form ADV filing dated March 19, 2026.",
  "citation": "AdvisorCensus. Banyan Alpha Investment L.P. (CRD 311857): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "Performance-based fees",
    "Other"
  ],
  "advisory_activity_labels": [
    "Portfolio management for pooled investment vehicles (other than investment companies)"
  ],
  "quick_answers": [
    {
      "q": "How is Banyan Alpha Investment L.P. compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Banyan Alpha Investment L.P. reports these compensation arrangements: performance-based fees; other."
    },
    {
      "q": "How much does Banyan Alpha Investment L.P. charge?",
      "a": "Its Form ADV Part 2A brochure dated March 19, 2026 states: Asset-based fee: 0.75% to 2% a year (a range, as the brochure states it). Fees can differ by service and may be negotiable; the brochure is the complete statement."
    },
    {
      "q": "Where is Banyan Alpha Investment L.P. located?",
      "a": "Banyan Alpha Investment L.P.'s principal office is in South San Francisco, CA, according to its Form ADV."
    },
    {
      "q": "Is Banyan Alpha Investment L.P. registered with the SEC or a state?",
      "a": "Banyan Alpha Investment L.P. is an SEC-registered investment advisory firm, registered since 2021. Status as filed: Approved. CRD 311857."
    },
    {
      "q": "How much does Banyan Alpha Investment L.P. manage?",
      "a": "Banyan Alpha Investment L.P. reports $751,940,092 in regulatory assets under management in its Form ADV filing dated March 19, 2026 (100% discretionary)."
    },
    {
      "q": "How have Banyan Alpha Investment L.P.'s assets and staff changed since 2021?",
      "a": "In the Form ADV data for Banyan Alpha Investment L.P.: Regulatory assets under management: $150,000,000 in the October 2021 data and $751,940,092 in the October 2026 data, up 401%. Total employees: 4 in October 2021 and 5 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does Banyan Alpha Investment L.P. serve?",
      "a": "By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (4); corporations or other businesses not listed above (2)."
    },
    {
      "q": "Which custodians does Banyan Alpha Investment L.P. use?",
      "a": "Banyan Alpha Investment L.P.'s most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Goldman Sachs & Co. LLC and J.P. Morgan Securities LLC as custodians holding 10% or more of its separately managed account assets."
    },
    {
      "q": "Does Banyan Alpha Investment L.P. report any disciplinary disclosures?",
      "a": "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/311857"
    },
    {
      "q": "What changed in Banyan Alpha Investment L.P.'s recent Form ADV filings?",
      "a": "In the April 2026 filing data: Regulatory assets under management went from $433,900,000 to $751,940,092 (+73%)."
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 150000000.0,
      "total_employees": 4,
      "filing_date": "2021-06-09"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 471100000.0,
      "total_employees": 5,
      "filing_date": "2022-08-01"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 225352985.0,
      "total_employees": 5,
      "filing_date": "2023-07-31"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 223308834.0,
      "total_employees": 5,
      "filing_date": "2024-06-14"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 433900000.0,
      "total_employees": 5,
      "filing_date": "2025-07-21"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 751940092.0,
      "total_employees": 5,
      "filing_date": "2026-03-19"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-04-01",
      "period_label": "April 2026",
      "notes": [
        "Regulatory assets under management went from $433,900,000 to $751,940,092 (+73%)."
      ]
    }
  ],
  "fees_from_brochure": {
    "source": "Form ADV Part 2A brochure dated March 19, 2026",
    "provided_by_the_firm": false,
    "tiers": [],
    "flat_rate": null,
    "stated_range": "0.75% to 2% a year",
    "stated_maximum": null,
    "account_minimum": null,
    "account_minimum_may_be_waived": false,
    "minimum_annual_fee": null,
    "planning_fees": [],
    "figures": [
      {
        "label": "Asset-based fee",
        "statements": [
          "Asset-based fee: 0.75% to 2% a year (a range, as the brochure states it)"
        ],
        "quotes": [
          "The management fees for Clients are set forth in the IMAs and or governing documents of each Client . The management fees range from 0.75% to 2% and are generally paid monthly in advance."
        ]
      }
    ],
    "values": {
      "tiers": [],
      "range_pct": [
        0.75,
        2.0
      ],
      "max_pct": null,
      "account_minimum": null,
      "minimum_annual_fee": null,
      "planning": []
    },
    "quotes": [
      "The management fees for Clients are set forth in the IMAs and or governing documents of each Client . The management fees range from 0.75% to 2% and are generally paid monthly in advance."
    ],
    "note": "As stated in the firm's brochure; fees can differ by service and may be negotiable."
  },
  "custodians": [
    {
      "name": "Goldman Sachs & Co. LLC",
      "name_as_filed": "GOLDMAN SACHS & CO. LLC",
      "affiliated": false
    },
    {
      "name": "J.P. Morgan Securities LLC",
      "name_as_filed": "J.P. MORGAN SECURITIES LLC",
      "affiliated": false
    }
  ],
  "custodians_note": "Custodians holding 10% or more of the firm's separately managed account assets, as filed on Form ADV (Schedule D, Section 5.K(3)). A custodian holds client assets; it does not endorse or supervise the firm. AdvisorCensus has no relationship with any custodian.",
  "markdown_url": "https://advisorcensus.com/firm/banyan-alpha-investment-l-p-south-san-francisco-ca-311857.md",
  "clients": [
    {
      "type": "pooled_investment_vehicles",
      "label": "Pooled investment vehicles (other than investment companies and business development companies)",
      "count": 4,
      "fewer_than_5": false,
      "raum": 270782609.0
    },
    {
      "type": "corporations_other_businesses",
      "label": "Corporations or other businesses not listed above",
      "count": 2,
      "fewer_than_5": false,
      "raum": 481157483.0
    }
  ],
  "disclosure_line": "Reports no disclosure items on Form ADV Item 11.",
  "disclosure_items": [],
  "indexable": true,
  "suppressed": false,
  "claimed": false,
  "enhanced": false,
  "provided_by_the_firm": null,
  "source": {
    "name": "Form ADV",
    "as_of": "2026-10-01",
    "iapd_url": "https://adviserinfo.sec.gov/firm/summary/311857",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}