# Parafi Capital LP

> Parafi Capital LP is an SEC-registered investment advisory firm in New York, NY, registered since 2021, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated September 18, 2026.

- CRD: 294670
- Filed as: PARAFI CAPITAL LP
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: New York, NY
- Filing period: October 2026
- Form ADV filing dated: September 18, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/294670
- AdvisorCensus page: https://advisorcensus.com/firm/parafi-capital-lp-new-york-ny-294670

## Quick answers

**How is Parafi Capital LP compensated?**
On its Form ADV (Item 5.E, October 2026), Parafi Capital 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 Parafi Capital LP located?**
Parafi Capital LP's principal office is in New York, NY, according to its Form ADV; the October 2026 filing also lists 1 other office (Schedule D, Section 1.F).

**Is Parafi Capital LP registered with the SEC or a state?**
Parafi Capital LP is an SEC-registered investment advisory firm, registered since 2021. Status as filed: Approved. CRD 294670.

**How much does Parafi Capital LP manage?**
Parafi Capital LP reports $1,817,814,710 in regulatory assets under management in its Form ADV filing dated September 18, 2026 (100% discretionary).

**How have Parafi Capital LP's assets and staff changed since 2021?**
In the Form ADV data for Parafi Capital LP: Regulatory assets under management: $763,190,368 in the October 2021 data and $1,817,814,710 in the October 2026 data, up 138%. Total employees: 9 in October 2021 and 21 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Parafi Capital LP serve?**
By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (15).

**Does Parafi Capital 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/294670

**What changed in Parafi Capital 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: $1,817,814,710
- Discretionary: $1,817,814,710
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Pooled investment vehicles (other than investment companies and business development companies) | 15 | $1,817,814,710 |

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

### Firm details
- Registered since: 2021 (5 years)
- Employees: 21 total, 7 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: CA, CT, NY
- 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
- San Diego, CA

### Websites listed on Form ADV (Item 1.I)
- parafi.com
- LinkedIn @paraficapital
- X @paraficapital

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $763,190,368 | 9 | July 29, 2021 |
| October 2022 | $1,309,736,697 | 16 | August 22, 2022 |
| October 2023 | $632,168,671 | 21 | March 31, 2023 |
| October 2024 | $944,974,583 | 20 | June 25, 2024 |
| October 2025 | $1,399,287,817 | 23 | July 30, 2025 |
| October 2026 | $1,817,814,710 | 21 | September 18, 2026 |

Regulatory assets under management: $763,190,368 in the October 2021 data and $1,817,814,710 in the October 2026 data, up 138%.
Total employees: 9 in October 2021 and 21 in October 2026.

## Changes in the filing (last 12 months)

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

### April 2026
- Employees performing advisory functions went from 8 to 7.
- Regulatory assets under management went from $1,399,287,817 to $1,817,814,710 (+30%).
- No longer lists an office in Los Angeles, CA.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Parafi Capital LP (CRD 294670): Form ADV filing data as of October 2026.