← Tributary

YIHENG CAPITAL MANAGEMENT, L.P.

SAN FRANCISCO, CA · CRD 163812 · IAPD ↗ · yihengcapital.com · 415-582-6360

$675.8MRegulatory AUM
3Advisory reps
6Employees
0Clients
n/aPlanning clients
1Private funds
1States
0Disclosures
fundSegment
ApprovedSEC status

Filing changes

33
April 2026 — YIHENG CAPITAL MANAGEMENT, L.P. reported RAUM down 45% ($1.23B -> $675.8M).
Regulatory AUM down >=25% since last filing.
M&A & valuationRecruiting & transitions
35
April 2025 — YIHENG CAPITAL MANAGEMENT, L.P. reported RAUM down 53% ($2.62B -> $1.23B).
Regulatory AUM down >=25% since last filing.
M&A & valuationRecruiting & transitions
40
April 2025 — YIHENG CAPITAL MANAGEMENT, L.P. shrank from 10 to 3 advisory reps.
Advisory representative count fell materially — advisors are moving, or the firm is shrinking.
Recruiting & transitionsM&A & valuation

Data: SEC Form ADV monthly roster (public). Confirm on IAPD before acting.