The ZAZOVE ASSOCIATES LLC is a privately held investment adviser that advises $2.07Bn in regulatory assets under management held in 1 SEC fund types across 1 investment strategies. ZAZOVE ASSOCIATES LLC is a SMA An SMA manager is a manager whose >=75% of total assets under management are in separately managed accounts, which are discretionary client-specific accounts rather than pooled vehicles. Manager. Assets decreased by 12.78% over the last 5-years.
The Group has been registered with the SEC for 36.98 years and is comprised of 1 filing and 0 relying advisers. They operate out of 1 office location with their Headquarters at 1001 TAHOE BLVD, INCLINE VILLAGE, NEVADA. The Group has not been subject to regulatory enforcement actions. They are regulated by 2 US and Non-US bodies.
They have 21 employees comprised of 11 investment and 10 non-investment staff. The total number of Employees decreased by 16% over the last 5-years.
Their $2.07Bn in assets advised are owned by 8 private funds, 1 public fund and BDCs and 65 other accounts. Assets of Insurance Companies clients own $1.25Bn or 60.13% of Total Assets and Pooled Investment Vehicles (Not IC or BDC) own $269.37mn or 12.99% of Total Assets.
The Group's top investment strategies include FI/Credit - Diverse, representing 100% of total assets, respectively.
They advise 6 types of clients, top clients are Insurance Companies and Pooled Investment Vehicles (Not IC or BDC).
The Group uses 2 Fund Administrators, 1 Fund Auditors, 2 Prime Brokers, 4 Custodians and 1 Marketers. It does not report a third-party Fund Administrator in 0 private funds with $0 in assets.
The Group discloses management fees and performance-based fees.
ZAZOVE ASSOCIATES LLC names 0 sub-advisers to 0 different funds advised by the group. The Group has been named as the sub-adviser to 0 funds.