The ACORN GROUP is a privately held investment adviser that advises $21.26Bn in regulatory assets under management held in 3 SEC fund types across 5 investment strategies. ACORN GROUP 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 18.16% over the last 5-years.
The Group has been registered with the SEC for 21.59 years and is comprised of 2 filing and 0 relying advisers. They operate out of 6 office locations with their Headquarters at 1177 AVENUE OF THE AMERICAS SUITE 0200, NEW YORK, NEW YORK. The Group has not been subject to regulatory enforcement actions. They are regulated by 4 US and Non-US bodies.
They have 143 employees comprised of 81 investment and 62 non-investment staff. The total number of Employees increased by 41.58% over the last 5-years.
Their $21.26Bn in assets advised are owned by 22 private funds, 1 public fund and BDCs and 14 other accounts. Assets of Insurance Companies clients own $15.05Bn or 70.81% of Total Assets and Pooled Investment Vehicles (Not IC or BDC) own $6.15Bn or 28.92% of Total Assets.
The Group's top investment strategies include FI/Credit - Lending, Fund of Funds and FI/Credit - Diverse, representing 69.29%, 19.21% and 7.15% of total assets, respectively.
They advise 5 types of clients, top clients are Insurance Companies and Pooled Investment Vehicles (Not IC or BDC).
The Group uses 2 Fund Administrators, 3 Fund Auditors, 1 Prime Brokers, 9 Custodians and 5 Marketers. It does not report a third-party Fund Administrator in 8 private funds with $729.1mn in assets.
The Group discloses management fees and performance-based fees.
ACORN GROUP names 0 sub-advisers to 0 different funds advised by the group. The Group has been named as the sub-adviser to 0 funds.