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Adviser Profile

As of Date 07/16/2024
Adviser Type - Large advisory firm
Number of Employees 9 -43.75%
of those in investment advisory functions 5 -37.50%
Registration SEC, 120-Day Approval, 11/17/2022
Other registrations (1)
AUM* 384,172,036 -21.26%
of that, discretionary 384,172,036 -21.26%
Private Fund GAV* 384,172,036 -15.39%
Avg Account Size 38,417,204 -29.13%
SMA’s No
Private Funds 4 1
Contact Info 332 xxxxxxx
Websites

Client Types

- Pooled investment vehicles

Advisory Activities

- Portfolio management for pooled investment vehicles
- Selection of other advisers

Compensation Arrangments

- A percentage of assets under your management
- Performance-based fees

Recent News

Reported AUM

Discretionary
Non-discretionary
488M 418M 348M 279M 209M 139M 70M
2022 2023

Private Funds



Employees

Private Funds Structure

Fund Type Count GAV
Fund TypeHedge Fund Count4 GAV$384,172,036

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Brochure Summary

Overview

General Description of Advisory Firm West Tower Group, LLC (“WTG”) is a Delaware limited liability company formed on July 14, 2022. WTG is a privately held company with its principal place of business in Richmond, VA. WTG is owned primarily by Charles Honey and Gerard J. Polizzi. WTG provides discretionary investment management services to privately offered pooled investment vehicles, exempt from registration as an “investment company” pursuant to Section 3(C)(7) of the Investment Company Act of 1940 (the “Company Act”) (each, a “Private Fund”, and collectively, the “Private Funds”) Each Private Fund is managed in accordance with their respective investment objectives, guidelines and limitations. Under limited circumstances WTG may also provide investment management services to single-investor private funds or separately managed accounts (“Managed Accounts” and together with the Private Funds, the “Clients”). Private Funds The investment management services provided by WTG are provided on a discretionary basis and are typically provided to Clients through single or multi-investor funds, Direct Investments and/or Managed Accounts. WTG also serves as investment manager to the Funds, and its affiliates serve as general partner to Funds organized as Delaware limited partnerships or Cayman Islands exempt limited partnerships. Generally, the WTG Private Funds are either: 1. Multi-Strategy funds (“Multi-Strategy Funds”), in which WTG allocates a majority of the Private Fund’s assets to internal investment teams employed by WTG as well as a minority portion to other unaffiliated third-party external managers ( “Managers”) via the use of segregated portfolios using Separately Managed Accounts (“SMAs”). 2. Funds of funds (“Fund of Funds”), in which WTG invests the Private Fund’s assets in other unaffiliated private funds managed by unaffiliated third-party external managers (also “Managers”).
3. Focused L/S funds (“Focused L/S Funds”), in which WTG invests the Private Fund’s assets, utilizing a long/short strategy, in a concentrated portfolio of direct investments. Third-Party Funds and External Managers are hereinafter referred to as “External Managers” unless the context requires otherwise. The investment objective, strategies, and any applicable investment restrictions will generally be described in the applicable Private Fund offering documents, organizational documents, subscription documents and/or investment management agreements (collectively, the “Private Fund Governing Documents”) and may be changed in accordance with the Private Fund Governing Documents and as permitted by law. Item 8 provides additional information on Private Fund investment objectives and associated risks. The Private Funds are offered to investors who are qualified clients and accredited investors, including high net worth individuals, banks, thrift institutions, trusts, estates, charitable organizations, pension funds, sovereign wealth funds, endowments and other corporations. WTG provides investment advice directly to the Private Funds and does not tailor its advice to individual investors in the Private Funds. Managed Accounts For SMAs, WTG manages each in accordance with its investment objectives, strategies, restrictions and guidelines, which are set forth in an investment management agreement with the Client or are otherwise incorporated into the Client’s governing documents. Managed Account investment objectives, fee arrangements and terms are individually negotiated. Managed Account relationships are generally subject to significant account minimums. Wrap Fee Programs WTG does not participate in wrap fee programs. Assets Under Management As of December 31, 2023 WTG is managing $384 million in regulatory assets.