# QVT Financial LP

> QVT Financial 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 March 31, 2026.

- CRD: 156508
- Filed as: QVT FINANCIAL LP
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: New York, NY
- Filing period: October 2026
- Form ADV filing dated: March 31, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/156508
- AdvisorCensus page: https://advisorcensus.com/firm/qvt-financial-lp-new-york-ny-156508

## Quick answers

**How is QVT Financial LP compensated?**
On its Form ADV (Item 5.E, October 2026), QVT Financial 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 QVT Financial LP located?**
QVT Financial LP's principal office is in New York, NY, according to its Form ADV.

**Is QVT Financial LP registered with the SEC or a state?**
QVT Financial LP is an SEC-registered investment advisory firm, registered since 2012. Status as filed: Approved. CRD 156508.

**How much does QVT Financial LP manage?**
QVT Financial LP reports $1,786,665,823 in regulatory assets under management in its Form ADV filing dated March 31, 2026 (100% discretionary).

**How have QVT Financial LP's assets and staff changed since 2021?**
In the Form ADV data for QVT Financial LP: Regulatory assets under management: $2,888,011,167 in the October 2021 data and $1,786,665,823 in the October 2026 data, down 38%. Total employees: 32 in October 2021 and 31 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does QVT Financial LP serve?**
By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (7).

**Does QVT Financial LP report any disciplinary disclosures?**
Reports 1 disclosure item on Form ADV Item 11: yes answers to 11.D(2) (another regulator's finding of a violation). Each question covers the firm and its advisory affiliates, and one event can produce several yes answers. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/156508

## 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: $1,786,665,823
- Discretionary: $1,786,665,823
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Pooled investment vehicles (other than investment companies and business development companies) | 7 | $1,786,665,823 |

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

### Firm details
- Registered since: 2012 (14 years)
- Employees: 31 total, 8 performing advisory functions
- Wrap fee program participation: No
- Disclosures (Item 11): Reports 1 disclosure item on Form ADV Item 11.

### Item 11 questions answered yes
- 11.D(2): Has another federal regulator, a state regulator, or a foreign financial regulator ever found that the firm or an advisory affiliate was involved in a violation of investment-related regulations or statutes?

Each question covers the firm and its advisory affiliates: its current employees other than clerical staff, its officers, partners, and directors, and anyone who controls the firm or is controlled by it. One event can produce yes answers to several questions. SEC-registered advisers and exempt reporting advisers may leave out events more than ten years old, and may answer 11.A(2) and 11.B(2) for pending charges only. The detail of each yes answer is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/156508

### Websites listed on Form ADV (Item 1.I)
- [qvt.com](https://qvt.com)

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $2,888,011,167 | 32 | April 30, 2021 |
| October 2022 | $2,946,525,982 | 32 | March 31, 2022 |
| October 2023 | $2,219,865,122 | 32 | March 31, 2023 |
| October 2024 | $2,140,123,494 | 30 | March 29, 2024 |
| October 2025 | $1,752,847,722 | 32 | July 25, 2025 |
| October 2026 | $1,786,665,823 | 31 | March 31, 2026 |

Regulatory assets under management: $2,888,011,167 in the October 2021 data and $1,786,665,823 in the October 2026 data, down 38%.
Total employees: 32 in October 2021 and 31 in October 2026.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. QVT Financial LP (CRD 156508): Form ADV filing data as of October 2026.