The NEWPORT GLOBAL ADVISORS L.P. is a privately held investment adviser that advises $174.82mn in regulatory assets under management held in 2 SEC fund types across 2 investment strategies. NEWPORT GLOBAL ADVISORS L.P. is a Private Fund A private fund manager is a manager whose >=75% of total assets under management are in private funds (privately offered pooled vehicles for accredited or qualified investors, generally accessed through placements with higher minimums, restricted eligibility, and negotiated terms) Manager. Assets decreased by 53.55% over the last 5-years.
The Group has been registered with the SEC for 20.25 years and is comprised of 1 filing and 0 relying advisers. They operate out of 1 office location with their Headquarters at 9006 FOREST CROSSING DRIVE SUITE D, THE WOODLANDS, TEXAS. The Group has not been subject to regulatory enforcement actions. They are regulated by 2 US and Non-US bodies.
They have 5 employees comprised of 5 investment and 0 non-investment staff. The total number of Employees decreased by 50% over the last 5-years.
Their $174.82mn in assets advised are owned by 5 private funds, 0 public funds and BDCs and 1 other account. Assets of Pooled Investment Vehicles (Not IC or BDC) clients own $90.1mn or 51.54% of Total Assets and Insurance Companies own $84.72mn or 48.46% of Total Assets.
The Group's top investment strategies include FI/Credit - Distress and FI/Credit - Diverse, representing 72.77% and 27.23% of total assets, respectively.
They advise 2 types of clients, top clients are Pooled Investment Vehicles (Not IC or BDC) and Insurance Companies.
The Group uses 1 Fund Administrators, 1 Fund Auditors, 1 Prime Brokers, 2 Custodians and 0 Marketers. It does not report a third-party Fund Administrator in 0 private funds with $0 in assets.
The Group discloses fixed fees, management fees and performance-based fees.
NEWPORT GLOBAL ADVISORS L.P. names 0 sub-advisers to 0 different funds advised by the group. The Group has been named as the sub-adviser to 0 funds.