The WATER ISLAND is a privately held investment adviser that advises $1.24Bn in regulatory assets under management held in 1 SEC fund types across 2 investment strategies. WATER ISLAND is a Public Fund A public fund manager is a manager whose >=75% of total assets under management are in public funds (broadly accessible, exchange-listed investment vehicles available to retail investors with typically low minimums and clear, widely available information) Manager. Assets decreased by 61.1% over the last 5-years.
The Group has been registered with the SEC for 26.39 years and is comprised of 1 filing and 0 relying advisers. They operate out of 2 office locations with their Headquarters at 104 5TH AVENUE 9TH FLOOR, NEW YORK, NEW YORK. The Group has been subject to regulatory enforcement actions. They are regulated by 2 US and Non-US bodies.
They have 26 employees comprised of 7 investment and 19 non-investment staff. The total number of Employees decreased by 36.59% over the last 5-years.
Their $1.24Bn in assets advised are owned by 1 private fund, 6 public funds and BDCs and 0 other accounts. Assets of Investment Companies (IC) clients own $1.21Bn or 97.75% of Total Assets and Pooled Investment Vehicles (Not IC or BDC) own $27.75mn or 2.25% of Total Assets.
The Group's top investment strategies include Multi Strat and Fund of Funds, representing 100% and 0% of total assets, respectively.
They advise 2 types of clients, top clients are Investment Companies (IC) and Pooled Investment Vehicles (Not IC or BDC).
The Group uses 1 Fund Administrators, 1 Fund Auditors, 0 Prime Brokers, 1 Custodians and 2 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.
WATER ISLAND names 0 sub-advisers to 0 different funds advised by the group. The Group has been named as the sub-adviser to 1 fund.