The RENOVUS ASSOCIATES is a privately held investment adviser that advises $2.57Bn in regulatory assets under management held in 2 SEC fund types across 1 investment strategies. RENOVUS ASSOCIATES 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 176.27% over the last 5-years.
The Group has been registered with the SEC for 5.11 years and is comprised of 1 filing and 2 relying advisers. They operate out of 1 office location with their Headquarters at 460 E. SWEDESFORD ROAD, SUITE 2050, WAYNE, PENNSYLVANIA. The Group has not been subject to regulatory enforcement actions. They are regulated by 2 US and Non-US bodies.
They have 45 employees comprised of 27 investment and 18 non-investment staff. The total number of Employees increased by 275% over the last 5-years.
Their $2.57Bn in assets advised are owned by 17 private funds, 0 public funds and BDCs and 1 other account. Assets of Pooled Investment Vehicles (Not IC or BDC) clients own $2.57Bn or 100% of Total Assets and Government Entities and Pension Plans own $0 or 0% of Total Assets.
The Group's top investment strategies include Traditional LBO, representing 100% of total assets, respectively.
They advise 2 types of clients, top clients are Pooled Investment Vehicles (Not IC or BDC) and Government Entities and Pension Plans.
The Group uses 2 Fund Administrators, 1 Fund Auditors, 0 Prime Brokers, 2 Custodians and 5 Marketers. It does not report a third-party Fund Administrator in 7 private funds with $88.36mn in assets.
The Group discloses management fees and performance-based fees.
RENOVUS ASSOCIATES names 0 sub-advisers to 0 different funds advised by the group. The Group has been named as the sub-adviser to 0 funds.