{"url":"https://nivawealth.com/firms/banyan-alpha-investment-311857","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/311857","regulatoryAum":751940092,"crd":"311857","history":[{"filedOn":"2021-06-09","regulatoryAum":150000000,"clients":1,"employees":4,"offices":1},{"filedOn":"2022-05-10","regulatoryAum":260800000,"clients":1,"employees":4,"offices":1},{"filedOn":"2023-07-31","regulatoryAum":225352985,"clients":3,"employees":5,"offices":1},{"filedOn":"2024-06-14","regulatoryAum":223308834,"clients":4,"employees":5,"offices":1},{"filedOn":"2025-07-21","regulatoryAum":433900000,"clients":5,"employees":5,"offices":1},{"filedOn":"2026-03-19","regulatoryAum":751940092,"clients":6,"employees":5,"offices":1}],"secFileNumber":"801-120344","legalName":"Banyan Alpha Investment L.P.","displayName":"Banyan Alpha Investment","slug":"banyan-alpha-investment-311857","website":"https://banyanalpha.com/","classification":{"segment":"institutions","segmentLabel":"Institutional","type":"institutional_private_markets_manager","typeLabel":"Private markets","feeDisclosure":"payment_only"},"linkedinUrl":"https://www.linkedin.com/company/banyan-alpha-investment-lp/","founded":null,"organization":"Delaware limited partnership","fiscalYearEnd":"December","headquarters":{"street":"611 Gateway BLVD, Suite 252","city":"South San Francisco","state":"CA","stateName":"California","country":"United States","postalCode":"94080"},"tradeNames":[],"registration":{"secApproved":"16 February 2021","noticeFilings":null,"latestNoticeFiling":null},"wealthAumPerClient":null,"staff":{"employees":5,"advisory":4,"brokerDealerReps":0,"insuranceAgents":0,"promoters":0},"aum":{"regulatory":751940092,"discretionary":751940092,"discretionaryAccounts":6,"nonDiscretionary":0,"nonDiscretionaryAccounts":0,"wrapProgram":null,"nonUsClientsPct":75,"nonAumClients":0},"clientTypes":[{"label":"Pooled investment vehicles","clients":4,"regulatoryAum":270782609},{"label":"Corporations and other businesses","clients":2,"regulatoryAum":481157483}],"feePrograms":[],"brochureCoverage":{"scope":"known_documents","status":"not_processed","checkedAt":null,"documents":[]},"custodians":[{"name":"Goldman Sachs & Co. LLC","shortName":"Goldman Sachs & Co.","location":"McLean, VA","smaAssets":201426086},{"name":"J.P. Morgan Securities LLC","shortName":"J.P. Morgan","location":"New York, NY","smaAssets":21894202}],"custodyNote":"Banyan Alpha Investment has custody of client assets.","otherCustodians":[],"leadership":[{"name":"Yuying Gao","title":"Managing Partner, CIO & CCO","crd":"7320169"}],"ownership":[{"label":"Yuying Gao","detail":"Managing partner, cio & cco in the 75% or more ownership band and a control person, since October 2020. Also a president of Banyan Alpha Management LLC in the 75% or more band and a control person, since October 2020."}],"branchOffices":null,"filedOffices":{"otherThanPrincipal":0,"privateResidences":0},"listedOfficeAddresses":1,"foreignOffices":[],"officesByState":[{"state":"California","offices":1,"addresses":[{"street":"611 Gateway BLVD, Suite 252","city":"South San Francisco","headquarters":true}]}],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"650-254-6608","stateRegisteredReps":0,"otherAdviserReps":0,"compensation":["Performance-based fees","Other"],"activities":["Portfolio management for pooled investment vehicles (other than investment companies)"],"financialPlanningClients":null,"assetMix":[{"label":"Exchange-traded equity securities","percent":66},{"label":"Derivatives","percent":34}],"privateFunds":1},"sources":{"adv1FilingDate":"19 March 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/311857/PDF/311857.pdf","brochureDate":null,"brochureUrl":null,"iapdCompiledDate":null,"retrievedDate":"15 October 2026","retrievedOn":"2026-10-15","updatedOn":"2026-10-21","holdingsUpdatedOn":"2026-10-21","adv1Pages":{},"brochurePages":{}},"otherBusiness":[],"faq":[{"question":"How many clients does Banyan Alpha Investment have?","answer":"Banyan Alpha Investment has 6 clients and manages $752 million for them, as of March 2026. They include 4 pooled investment vehicles and 2 corporations and other businesses.","source":"Form ADV Part 1A, Items 5.D and 5.F, filed 19 March 2026","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Banyan Alpha Investment offer?","answer":"Banyan Alpha Investment provides portfolio management for pooled vehicles.","source":"Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Which custodians does Banyan Alpha Investment use?","answer":"Banyan Alpha Investment’s separately managed account assets are held at Goldman Sachs & Co. LLC (McLean, VA), with $201M and J.P. Morgan Securities LLC (New York, NY), with $21.9M. Only custodians holding at least a tenth of those assets are named.","source":"Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 19 March 2026","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does Banyan Alpha Investment have?","answer":"Banyan Alpha Investment has 0 investment adviser representatives registered with state securities authorities, out of 5 employees, and 4 perform investment advisory functions. None are registered representatives of a broker-dealer or licensed insurance agents.","source":"Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What does Banyan Alpha Investment invest in?","answer":"At the end of its last fiscal year, Banyan Alpha Investment’s separately managed accounts held 66% exchange-traded equities and 34% derivatives. It advises 1 private fund.","source":"Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Who owns Banyan Alpha Investment?","answer":"Banyan Alpha Investment’s direct owner is Yuying Gao (75% or more).","source":"Form ADV Part 1A, Schedules A and B, filed 19 March 2026","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Banyan Alpha Investment get paid?","answer":"Banyan Alpha Investment is paid through performance-based fees and other compensation. Its Form ADV lists no commissions among how it is paid.","source":"Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How do I contact Banyan Alpha Investment?","answer":"Banyan Alpha Investment’s main office is at 611 Gateway BLVD, Suite 252, South San Francisco, CA 94080. Its phone number is 650-254-6608. Its website is banyanalpha.com.","source":"Form ADV Part 1A, Item 1.F, filed 19 March 2026","sourceRef":{"doc":"adv1","section":"offices"}}],"holdings":null,"notice":"Compiled from public SEC Form ADV filings on the dates in `sources`. Facts as filed; not a rating, ranking, or recommendation. Niva is not affiliated with this firm. Disciplinary history is deliberately not included here or on the page; the SEC publishes the complete record at the `iapdUrl` above."}