The SIT GROUP is a privately held investment adviser that advises $18.51Bn in regulatory assets under management held in 4 SEC fund types across 4 investment strategies. SIT GROUP is a Public/Private Fund Assets increased by 24.42% over the last 5-years.
The Group has been registered with the SEC for 44.9 years and is comprised of 2 filing and 0 relying advisers. They operate out of 1 office location with their Headquarters at 3300 IDS CENTER 80 SOUTH 8TH STREET, MINNEAPOLIS, MINNESOTA. The Group has not been subject to regulatory enforcement actions. They are regulated by 3 US and Non-US bodies.
They have 146 employees comprised of 70 investment and 76 non-investment staff. The total number of Employees increased by 1.39% over the last 5-years.
Their $18.51Bn in assets advised are owned by 32 private funds, 15 public funds and BDCs and 80 other accounts. Assets of Insurance Companies clients own $4.99Bn or 26.96% of Total Assets and Charitable Organizations own $4.69Bn or 25.31% of Total Assets.
The Group's top investment strategies include Long/Short Equity, FI/Credit - Diverse and Multi Strat, representing 44.69%, 44.34% and 10.89% of total assets, respectively.
They advise 8 types of clients, top clients are Insurance Companies and Charitable Organizations.
The Group uses 1 Fund Administrators, 1 Fund Auditors, 1 Prime Brokers, 3 Custodians and 1 Marketers. It does not report a third-party Fund Administrator in 35 private funds with $2.3Bn in assets.
The Group discloses management fees and performance-based fees.
SIT 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.