The SOFINNOVA GROUP is a privately held investment adviser that advises $7.24Bn in regulatory assets under management held in 3 SEC fund types across 3 investment strategies. SOFINNOVA GROUP 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 increased by 70.7% over the last 5-years.
The Group has been registered with the SEC for 14.35 years and is comprised of 2 filing and 0 relying advisers. They operate out of 6 office locations with their Headquarters at 3000 SAND HILL ROAD 3-150, MENLO PARK, CALIFORNIA. The Group has been subject to regulatory enforcement actions. They are regulated by 3 US and Non-US bodies.
They have 44 employees comprised of 21 investment and 23 non-investment staff. The total number of Employees increased by 18.92% over the last 5-years.
Their $7.24Bn in assets advised are owned by 27 private funds, 0 public funds and BDCs and 11 other accounts. Assets of Pooled Investment Vehicles (Not IC or BDC) clients own $4.8Bn or 66.4% of Total Assets and Corporations or Other Businesses own $2.43Bn or 33.6% of Total Assets.
The Group's top investment strategies include Early Stage, Long/Short Equity and ESG, representing 67.79%, 31.63% and 0.58% of total assets, respectively.
They advise 2 types of clients, top clients are Pooled Investment Vehicles (Not IC or BDC) and Corporations or Other Businesses.
The Group uses 4 Fund Administrators, 4 Fund Auditors, 4 Prime Brokers, 13 Custodians and 3 Marketers. It does not report a third-party Fund Administrator in 18 private funds with $2.44Bn in assets.
The Group discloses management fees and performance-based fees.
SOFINNOVA GROUP names 0 sub-advisers to 0 different funds advised by the group. The Group has been named as the sub-adviser to 0 funds.