The PARALEL ADVISORS is a privately held investment adviser that advises $2.67Bn in regulatory assets under management held in 0 SEC fund types across 2 investment strategies. PARALEL ADVISORS 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 increased by 42.84% over the last 4-years.
The Group has been registered with the SEC for 4.81 years and is comprised of 1 filing and 0 relying advisers. They operate out of 1 office location with their Headquarters at 1700 BROADWAY SUITE 2100, DENVER, COLORADO. The Group has not been subject to regulatory enforcement actions. They are regulated by 1 US and Non-US bodies.
They have 6 employees comprised of 2 investment and 4 non-investment staff. The total number of Employees decreased by 40% over the last 4-years.
Their $2.67Bn in assets advised are owned by 0 private funds, 3 public funds and BDCs and 0 other accounts. Assets of Investment Companies (IC) clients total $2.67Bn or 100% of Total Assets.
The Group's top investment strategies include Long/Short Equity and Multi Strat, representing 97.89% and 2.11% of total assets, respectively.
They advise 1 types of clients, top clients are Investment Companies (IC).
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.
PARALEL 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.