# MBF Healthcare Management II, LLC

> MBF Healthcare Management II, LLC is an SEC-registered investment advisory firm in Coral Gables, FL, registered since 2016, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated March 11, 2026.

- CRD: 283576
- Filed as: MBF HEALTHCARE MANAGEMENT II, LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Coral Gables, FL
- Filing period: October 2026
- Form ADV filing dated: March 11, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/283576
- AdvisorCensus page: https://advisorcensus.com/firm/mbf-healthcare-management-ii-llc-coral-gables-fl-283576

## Quick answers

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

**How much does MBF Healthcare Management II, LLC charge?**
Its Form ADV Part 2A brochure dated March 11, 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 MBF Healthcare Management II, LLC located?**
MBF Healthcare Management II, LLC's principal office is in Coral Gables, FL, according to its Form ADV.

**Is MBF Healthcare Management II, LLC registered with the SEC or a state?**
MBF Healthcare Management II, LLC is an SEC-registered investment advisory firm, registered since 2016. Status as filed: Approved. CRD 283576.

**How much does MBF Healthcare Management II, LLC manage?**
MBF Healthcare Management II, LLC reports $235,034,989 in regulatory assets under management in its Form ADV filing dated March 11, 2026 (100% discretionary).

**How have MBF Healthcare Management II, LLC's assets and staff changed since 2021?**
In the Form ADV data for MBF Healthcare Management II, LLC: Regulatory assets under management: $328,994,856 in the October 2021 data and $235,034,989 in the October 2026 data, down 29%. Total employees: 13 in October 2021 and 11 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does MBF Healthcare Management II, LLC serve?**
By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (2).

**Does MBF Healthcare Management 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/283576

**What changed in MBF Healthcare Management II, LLC's recent Form ADV filings?**
In the April 2026 filing data: Regulatory assets under management went from $210,803,343 to $235,034,989 (+11%).

## 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 11, 2026)

- Asset-based fee: up to 2% of assets a year (the maximum the brochure states)

> MBFHMII receives a management fee (the “Investor Management Fee”) from MBFHPII, payable on a quarterly basis in advance, at an annualized rate of up to 2% of MBFHPII’s aggregate capital commitments

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

### Regulatory assets under management (Item 5.F)
- Total: $235,034,989
- Discretionary: $235,034,989
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 0 | $0 |
| High net worth individuals | 0 | $0 |
| Banking or thrift institutions | 0 | $0 |
| Investment companies | 0 | $0 |
| Business development companies | 0 | $0 |
| Pooled investment vehicles (other than investment companies and business development companies) | 2 | $235,034,989 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 0 | $0 |
| Charitable organizations | 0 | $0 |
| State or municipal government entities (including government pension plans) | 0 | $0 |
| Other investment advisers | 0 | $0 |
| Insurance companies | 0 | $0 |
| Sovereign wealth funds and foreign official institutions | 0 | $0 |
| Corporations or other businesses not listed above | 0 | $0 |
| Other | 0 | $0 |

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

### Firm details
- Registered since: 2016 (10 years)
- Employees: 11 total, 6 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.

### Websites listed on Form ADV (Item 1.I)
- mbfhp.com
- LinkedIn @mbf-healthcare-partners

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $328,994,856 | 13 | March 30, 2021 |
| October 2022 | $221,191,146 | 10 | March 26, 2022 |
| October 2023 | $258,975,910 | 10 | March 20, 2023 |
| October 2024 | $241,429,035 | 14 | March 28, 2024 |
| October 2025 | $210,803,343 | 12 | March 21, 2025 |
| October 2026 | $235,034,989 | 11 | March 11, 2026 |

Regulatory assets under management: $328,994,856 in the October 2021 data and $235,034,989 in the October 2026 data, down 29%.
Total employees: 13 in October 2021 and 11 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Regulatory assets under management went from $210,803,343 to $235,034,989 (+11%).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. MBF Healthcare Management II, LLC (CRD 283576): Form ADV filing data as of October 2026.