# NWI Management LP

> NWI Management LP is an SEC-registered investment advisory firm in New York, NY, registered since 2012, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated June 2, 2026.

- CRD: 158366
- Filed as: NWI MANAGEMENT LP
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: New York, NY
- Filing period: October 2026
- Form ADV filing dated: June 2, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/158366
- AdvisorCensus page: https://advisorcensus.com/firm/nwi-management-lp-new-york-ny-158366

## Quick answers

**How is NWI Management LP compensated?**
On its Form ADV (Item 5.E, October 2026), NWI Management LP 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.

**Where is NWI Management LP located?**
NWI Management LP's principal office is in New York, NY, according to its Form ADV.

**Is NWI Management LP registered with the SEC or a state?**
NWI Management LP is an SEC-registered investment advisory firm, registered since 2012. Status as filed: Approved. CRD 158366.

**How much does NWI Management LP manage?**
NWI Management LP reports $3,953,698,177 in regulatory assets under management in its Form ADV filing dated June 2, 2026 (100% discretionary).

**How have NWI Management LP's assets and staff changed since 2021?**
In the Form ADV data for NWI Management LP: Regulatory assets under management: $9,421,895,089 in the October 2021 data and $3,953,698,177 in the October 2026 data, down 58%. Total employees: 21 in October 2021 and 13 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does NWI Management LP serve?**
By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (10).

**Does NWI 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/158366

**What changed in NWI Management LP's recent Form ADV filings?**
In the July 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: $3,953,698,177
- Discretionary: $3,953,698,177
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Pooled investment vehicles (other than investment companies and business development companies) | 10 | $3,953,698,177 |

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

### Firm details
- Registered since: 2012 (14 years)
- Employees: 13 total, 4 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: NY
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $9,421,895,089 | 21 | June 21, 2021 |
| October 2022 | $2,942,825,300 | 18 | September 21, 2022 |
| October 2023 | $2,606,614,315 | 17 | April 26, 2023 |
| October 2024 | $2,539,093,052 | 17 | April 30, 2024 |
| October 2025 | $3,139,679,793 | 14 | April 28, 2025 |
| October 2026 | $3,953,698,177 | 13 | June 2, 2026 |

Regulatory assets under management: $9,421,895,089 in the October 2021 data and $3,953,698,177 in the October 2026 data, down 58%.
Total employees: 21 in October 2021 and 13 in October 2026.

## Changes in the filing (last 12 months)

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

### April 2026
- Employees performing advisory functions went from 5 to 4.
- Regulatory assets under management went from $3,139,679,793 to $3,953,698,177 (+26%).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. NWI Management LP (CRD 158366): Form ADV filing data as of October 2026.