{
  "crd_number": 312969,
  "slug": "bayforest-london-312969",
  "primary_business_name": "BAYFOREST",
  "legal_name": "BAYFOREST CAPITAL LIMITED",
  "dbas": [],
  "city": "London",
  "state": null,
  "country": "United Kingdom",
  "cbsa_code": null,
  "metro": null,
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2024-12-16",
  "years_registered": 1,
  "period": "2026-10-01",
  "filing_date": "2026-06-15",
  "carried_forward": false,
  "raum_total": 318073489.0,
  "raum_discretionary": 318073489.0,
  "raum_non_discretionary": 0.0,
  "raum_band": "100m_500m",
  "raum_band_label": "$100 million to $500 million",
  "total_employees": 20,
  "advisory_employees": 9,
  "client_count_bucket": null,
  "clients_by_type": {
    "pooled_investment_vehicles": {
      "raum": 268165926.0,
      "count": 5
    },
    "corporations_other_businesses": {
      "raum": 49907563.0,
      "count": 1
    }
  },
  "compensation_types": [
    "percentage_of_aum",
    "performance_based"
  ],
  "advisory_activities": [
    "portfolio_management_businesses_institutional",
    "portfolio_management_pooled_vehicles"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [],
  "websites": [
    "https://bayforest.ai",
    "https://linkedin.com/company/bayforest-technologies-limited/mycompany"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/312969",
  "city_as_filed": "LONDON",
  "url": "https://advisorcensus.com/firm/bayforest-london-312969",
  "display_name": "Bayforest",
  "summary": "Bayforest is an SEC-registered investment advisory firm in London, United Kingdom, registered since 2024, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated June 15, 2026.",
  "citation": "AdvisorCensus. Bayforest (CRD 312969): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management",
    "Performance-based fees"
  ],
  "advisory_activity_labels": [
    "Portfolio management for pooled investment vehicles (other than investment companies)",
    "Portfolio management for businesses (other than small businesses) or institutional clients"
  ],
  "quick_answers": [
    {
      "q": "How is Bayforest compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Bayforest reports these compensation arrangements: a percentage of assets under its management; performance-based fees. The amounts are in Item 5 of its Form ADV Part 2A brochure."
    },
    {
      "q": "Where is Bayforest located?",
      "a": "Bayforest's principal office is in London, United Kingdom, according to its Form ADV; the July 2025 filing also lists 1 other office (Schedule D, Section 1.F)."
    },
    {
      "q": "Is Bayforest registered with the SEC or a state?",
      "a": "Bayforest is an SEC-registered investment advisory firm, registered since 2024. Status as filed: Approved. CRD 312969."
    },
    {
      "q": "How much does Bayforest manage?",
      "a": "Bayforest reports $318,073,489 in regulatory assets under management in its Form ADV filing dated June 15, 2026 (100% discretionary)."
    },
    {
      "q": "How have Bayforest's assets and staff changed since 2023?",
      "a": "In the Form ADV data for Bayforest: Regulatory assets under management: $722,171,915 in the October 2025 data and $318,073,489 in the October 2026 data, down 56%. Total employees: 23 in October 2025 and 20 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does Bayforest serve?",
      "a": "By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (5); corporations or other businesses not listed above (1)."
    },
    {
      "q": "Which custodians does Bayforest use?",
      "a": "Bayforest's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Goldman Sachs & Co. LLC and Morgan Stanley & Co. LLC as custodians holding 10% or more of its separately managed account assets."
    },
    {
      "q": "Does Bayforest 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/312969"
    },
    {
      "q": "What changed in Bayforest's recent Form ADV filings?",
      "a": "In the July 2026 filing data: Employees performing advisory functions went from 8 to 9. Regulatory assets under management went from $722,171,915 to $318,073,489 (-56%). No longer lists an office in Hong Kong."
    }
  ],
  "filing_history": [
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": null,
      "total_employees": null,
      "filing_date": "2023-08-29"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": null,
      "total_employees": null,
      "filing_date": "2024-05-30"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 722171915.0,
      "total_employees": 23,
      "filing_date": "2025-06-11"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 318073489.0,
      "total_employees": 20,
      "filing_date": "2026-06-15"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-07-01",
      "period_label": "July 2026",
      "notes": [
        "Employees performing advisory functions went from 8 to 9.",
        "Regulatory assets under management went from $722,171,915 to $318,073,489 (-56%).",
        "No longer lists an office in Hong Kong."
      ]
    }
  ],
  "fees_from_brochure": null,
  "custodians": [
    {
      "name": "Goldman Sachs & Co. LLC",
      "name_as_filed": "GOLDMAN SACHS & CO. LLC",
      "affiliated": false
    },
    {
      "name": "Morgan Stanley & Co. LLC",
      "name_as_filed": "MORGAN STANLEY & CO. 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/bayforest-london-312969.md",
  "clients": [
    {
      "type": "pooled_investment_vehicles",
      "label": "Pooled investment vehicles (other than investment companies and business development companies)",
      "count": 5,
      "fewer_than_5": false,
      "raum": 268165926.0
    },
    {
      "type": "corporations_other_businesses",
      "label": "Corporations or other businesses not listed above",
      "count": 1,
      "fewer_than_5": false,
      "raum": 49907563.0
    }
  ],
  "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/312969",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}