The FORMULA GROWTH LIMITED is a privately held investment adviser that advises $343.48mn in regulatory assets under management held in 3 SEC fund types across 2 investment strategies. FORMULA GROWTH LIMITED 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 79.64% 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 2 office locations with their Headquarters at 1010 SHERBROOKE STREET WEST SUITE 2300, MONTREAL, -. The Group has been subject to regulatory enforcement actions. They are regulated by 3 US and Non-US bodies.
They have 17 employees comprised of 9 investment and 8 non-investment staff. The total number of Employees increased by 6.25% over the last 5-years.
Their $343.48mn in assets advised are owned by 11 private funds, 1 public fund and BDCs and 0 other accounts. Assets of Pooled Investment Vehicles (Not IC or BDC) clients own $343.48mn or 100% of Total Assets and Investment Companies (IC) own $0 or 0% of Total Assets.
The Group's top investment strategies include Long/Short Equity and Multi Strat, representing 92.47% and 7.53% of total assets, respectively.
They advise 2 types of clients, top clients are Pooled Investment Vehicles (Not IC or BDC) and Investment Companies (IC).
The Group uses 1 Fund Administrators, 1 Fund Auditors, 2 Prime Brokers, 3 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.
FORMULA GROWTH LIMITED names 0 sub-advisers to 0 different funds advised by the group. The Group has been named as the sub-adviser to 0 funds.