# HVPF Manager II, LLC

> HVPF Manager II, LLC is an SEC-registered investment advisory firm in New York, NY, registered since 2022, reporting $500 million to $1 billion in regulatory assets under management in its Form ADV filing dated March 26, 2026.

- CRD: 318754
- Filed as: HVPF MANAGER II, LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: New York, NY
- Filing period: October 2026
- Form ADV filing dated: March 26, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/318754
- AdvisorCensus page: https://advisorcensus.com/firm/hvpf-manager-ii-llc-new-york-ny-318754

## Quick answers

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

**How much does HVPF Manager II, LLC charge?**
Its Form ADV Part 2A brochure dated March 26, 2026 states: Asset-based fee: up to 2% of assets a year (the maximum the brochure states). Fees can differ by service and may be negotiable; the brochure is the complete statement.

**Where is HVPF Manager II, LLC located?**
HVPF Manager II, LLC's principal office is in New York, NY, according to its Form ADV.

**Is HVPF Manager II, LLC registered with the SEC or a state?**
HVPF Manager II, LLC is an SEC-registered investment advisory firm, registered since 2022. Status as filed: Approved. CRD 318754.

**How much does HVPF Manager II, LLC manage?**
HVPF Manager II, LLC reports $527,193,345 in regulatory assets under management in its Form ADV filing dated March 26, 2026 (100% discretionary).

**How have HVPF Manager II, LLC's assets and staff changed since 2022?**
In the Form ADV data for HVPF Manager II, LLC: Regulatory assets under management: $230,524,751 in the October 2022 data and $527,193,345 in the October 2026 data, up 129%. Total employees: 34 in October 2022 and 47 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does HVPF Manager II, LLC serve?**
By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (3).

**Does HVPF Manager II, 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/318754

**What changed in HVPF Manager II, LLC's recent Form ADV filings?**
In the April 2026 filing data: Employees performing advisory functions went from 40 to 11. Regulatory assets under management went from $429,967,988 to $527,193,345 (+23%).

## 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: up to 2% of assets a year (the maximum the brochure states)

> The Manager generally charges an annual management fee (“Management Fee”) of up to 2% of Investor commitments during the Fund’s investment period.

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

### Regulatory assets under management (Item 5.F)
- Total: $527,193,345
- Discretionary: $527,193,345
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Pooled investment vehicles (other than investment companies and business development companies) | 3 | $527,193,345 |

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

### Firm details
- Registered since: 2022 (4 years)
- Employees: 47 total, 11 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)
- hudsonvalleypropertygroup.com
- LinkedIn @hudson-valley-property-group
- X @HVPGHousing

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2022 | $230,524,751 | 34 | March 24, 2022 |
| October 2023 | $289,653,303 | 40 | March 30, 2023 |
| October 2024 | $333,631,975 | 40 | August 16, 2024 |
| October 2025 | $429,967,988 | 40 | March 27, 2025 |
| October 2026 | $527,193,345 | 47 | March 26, 2026 |

Regulatory assets under management: $230,524,751 in the October 2022 data and $527,193,345 in the October 2026 data, up 129%.
Total employees: 34 in October 2022 and 47 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Employees performing advisory functions went from 40 to 11.
- Regulatory assets under management went from $429,967,988 to $527,193,345 (+23%).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. HVPF Manager II, LLC (CRD 318754): Form ADV filing data as of October 2026.