The NORWEST CAPITAL ADVISORS is a privately held investment adviser that advises $3.84Bn in regulatory assets under management held in 1 SEC fund types across 3 investment strategies. NORWEST CAPITAL ADVISORS 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 9.75% over the last 2-years.
The Group has been registered with the SEC for 2.95 years and is comprised of 1 filing and 1 relying advisers. They operate out of 2 office locations with their Headquarters at 250 NICOLLET MALL SUITE 950, MINNEAPOLIS, MINNESOTA. The Group has not been subject to regulatory enforcement actions. They are regulated by 2 US and Non-US bodies.
They have 40 employees comprised of 28 investment and 12 non-investment staff. The total number of Employees decreased by 13.04% over the last 2-years.
Their $3.84Bn in assets advised are owned by 12 private funds, 0 public funds and BDCs and 0 other accounts. Assets of Pooled Investment Vehicles (Not IC or BDC) clients total $3.84Bn or 100% of Total Assets.
The Group's top investment strategies include Traditional LBO, FI/Credit - Diverse and FI/Credit - Lending, representing 84.58%, 12.82% and 2.6% of total assets, respectively.
They advise 1 types of clients, top clients are Pooled Investment Vehicles (Not IC or BDC).
The Group uses 0 Fund Administrators, 1 Fund Auditors, 0 Prime Brokers, 1 Custodians and 0 Marketers. It does not report a third-party Fund Administrator in 12 private funds with $3Bn in assets.
The Group discloses management fees and performance-based fees.
NORWEST CAPITAL ADVISORS names 0 sub-advisers to 0 different funds advised by the group. The Group has been named as the sub-adviser to 0 funds.