# Forest Avenue Capital Management LP

> Forest Avenue Capital Management LP is an SEC-registered investment advisory firm in Miami, FL, registered since 2022, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated September 29, 2026.

- CRD: 321948
- Filed as: FOREST AVENUE CAPITAL MANAGEMENT LP
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Miami, FL
- Filing period: October 2026
- Form ADV filing dated: September 29, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/321948
- AdvisorCensus page: https://advisorcensus.com/firm/forest-avenue-capital-management-lp-miami-fl-321948

## Quick answers

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

**Where is Forest Avenue Capital Management LP located?**
Forest Avenue Capital Management LP's principal office is in Miami, FL, according to its Form ADV; the October 2026 filing also lists 1 other office (Schedule D, Section 1.F).

**Is Forest Avenue Capital Management LP registered with the SEC or a state?**
Forest Avenue Capital Management LP is an SEC-registered investment advisory firm, registered since 2022. Status as filed: Approved. CRD 321948.

**How much does Forest Avenue Capital Management LP manage?**
Forest Avenue Capital Management LP reports $2,406,009,000 in regulatory assets under management in its Form ADV filing dated September 29, 2026 (100% discretionary).

**How have Forest Avenue Capital Management LP's assets and staff changed since 2022?**
In the Form ADV data for Forest Avenue Capital Management LP: Regulatory assets under management: $237,235,751 in the October 2023 data and $2,406,009,000 in the October 2026 data, up 914%. Total employees: 12 in October 2022 and 11 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Forest Avenue Capital Management LP serve?**
By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (4).

**Does Forest Avenue Capital Management 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/321948

**What changed in Forest Avenue Capital Management LP's recent Form ADV filings?**
In the October 2026 filing data: 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: $2,406,009,000
- Discretionary: $2,406,009,000
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Pooled investment vehicles (other than investment companies and business development companies) | 4 | $2,406,009,000 |

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

### Firm details
- Registered since: 2022 (4 years)
- Employees: 11 total, 5 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: FL
- 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
- New York, NY

### Websites listed on Form ADV (Item 1.I)
- forestavecap.com
- LinkedIn @forest-avenue-capital-management-l-p

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2022 | Not reported | 12 | May 12, 2022 |
| October 2023 | $237,235,751 | 12 | February 24, 2023 |
| October 2024 | $683,049,372 | 8 | March 1, 2024 |
| October 2025 | $1,564,888,794 | 9 | March 26, 2025 |
| October 2026 | $2,406,009,000 | 11 | September 29, 2026 |

Regulatory assets under management: $237,235,751 in the October 2023 data and $2,406,009,000 in the October 2026 data, up 914%.
Total employees: 12 in October 2022 and 11 in October 2026.

## Changes in the filing (last 12 months)

### October 2026
- Updated its list of owners and control persons (Schedule A).

### April 2026
- Regulatory assets under management went from $1,564,888,794 to $2,406,009,000 (+54%).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Forest Avenue Capital Management LP (CRD 321948): Form ADV filing data as of October 2026.