The NEW VERNON INVESTMENT MANAGEMENT LLC is a privately held investment adviser that advises $896.51mn in regulatory assets under management held in 1 SEC fund types across 1 investment strategies. NEW VERNON INVESTMENT MANAGEMENT LLC is a Retail Wealth A retail wealth manager is a manager whose >=75% of total assets under management are managed for individual investors through retail advisory or brokerage channels. Manager. Assets increased by 69.78% 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 1 office location with their Headquarters at 799 CENTRAL AVE SUITE 350, HIGHLAND PARK, ILLINOIS. The Group has been subject to regulatory enforcement actions. They are regulated by 3 US and Non-US bodies.
They have 16 employees comprised of 9 investment and 7 non-investment staff. The total number of Employees decreased by 27.27% over the last 5-years.
Their $896.51mn in assets advised are owned by 10 private funds, 0 public funds and BDCs and 3 other accounts. Assets of High Net Worth Individuals clients own $747.08mn or 83.33% of Total Assets and Pooled Investment Vehicles (Not IC or BDC) own $113.1mn or 12.62% of Total Assets.
The Group's top investment strategies include Multi Strat, representing 100% of total assets, respectively.
They advise 5 types of clients, top clients are High Net Worth Individuals and Pooled Investment Vehicles (Not IC or BDC).
The Group uses 1 Fund Administrators, 1 Fund Auditors, 1 Prime Brokers, 1 Custodians and 1 Marketers. It does not report a third-party Fund Administrator in 0 private funds with $0 in assets.
The Group discloses advisory fees, fixed fees, management fees and performance-based fees.
NEW VERNON INVESTMENT MANAGEMENT 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.