# Pura Vida Investments, LLC

> Pura Vida Investments, LLC is an SEC-registered investment advisory firm in New York, NY, registered since 2014, reporting $25 million to $100 million in regulatory assets under management in its Form ADV filing dated March 30, 2026.

- CRD: 166703
- Filed as: PURA VIDA INVESTMENTS, LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: New York, NY
- Filing period: October 2026
- Form ADV filing dated: March 30, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/166703
- AdvisorCensus page: https://advisorcensus.com/firm/pura-vida-investments-llc-new-york-ny-166703

## Quick answers

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

**How much does Pura Vida Investments, LLC charge?**
Its Form ADV Part 2A brochure dated March 30, 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 Pura Vida Investments, LLC located?**
Pura Vida Investments, LLC's principal office is in New York, NY, according to its Form ADV.

**Is Pura Vida Investments, LLC registered with the SEC or a state?**
Pura Vida Investments, LLC is an SEC-registered investment advisory firm, registered since 2014. Status as filed: Approved. CRD 166703.

**How much does Pura Vida Investments, LLC manage?**
Pura Vida Investments, LLC reports $91,457,374 in regulatory assets under management in its Form ADV filing dated March 30, 2026 (100% discretionary).

**How have Pura Vida Investments, LLC's assets and staff changed since 2021?**
In the Form ADV data for Pura Vida Investments, LLC: Regulatory assets under management: $1,748,431,619 in the October 2021 data and $91,457,374 in the October 2026 data, down 95%. Total employees: 16 in October 2021 and 2 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Pura Vida Investments, LLC serve?**
By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (10); other (2).

**Which custodians does Pura Vida Investments, LLC use?**
Pura Vida Investments, LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists J.P. Morgan Securities LLC as a custodian holding 10% or more of its separately managed account assets.

**Does Pura Vida Investments, 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/166703

**What changed in Pura Vida Investments, LLC's recent Form ADV filings?**
In the April 2026 filing data: Regulatory assets under management went from $124,762,911 to $91,457,374 (-27%).

## 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 30, 2026)

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

> The Management Fee for Pura Vida Funds is generally payable to the Adviser monthly in advance and is at an annual rate of up to 2% of the value of each investor’s account as of the first day of the applicable month.

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

### Custodians (Schedule D, Section 5.K(3))
- J.P. Morgan Securities LLC

Custodians holding 10% or more of the firm's separately managed account assets, as filed on Form ADV (Schedule D, Section 5.K(3)). A custodian holds client assets; it does not endorse or supervise the firm. AdvisorCensus has no relationship with any custodian.

### Regulatory assets under management (Item 5.F)
- Total: $91,457,374
- Discretionary: $91,457,374
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Pooled investment vehicles (other than investment companies and business development companies) | 10 | $52,501,753 |
| Other | 2 | $38,955,621 |

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

### Firm details
- Registered since: 2014 (11 years)
- Employees: 2 total, 1 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)
- [puravidainvestments.com](https://puravidainvestments.com)

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $1,748,431,619 | 16 | September 13, 2021 |
| October 2022 | $1,614,779,090 | 24 | March 30, 2022 |
| October 2023 | $972,376,006 | 22 | June 30, 2023 |
| October 2024 | $263,973,004 | 10 | March 26, 2024 |
| October 2025 | $124,762,911 | 2 | March 27, 2025 |
| October 2026 | $91,457,374 | 2 | March 30, 2026 |

Regulatory assets under management: $1,748,431,619 in the October 2021 data and $91,457,374 in the October 2026 data, down 95%.
Total employees: 16 in October 2021 and 2 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Regulatory assets under management went from $124,762,911 to $91,457,374 (-27%).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Pura Vida Investments, LLC (CRD 166703): Form ADV filing data as of October 2026.