9AT: NEW VERNON INVESTMENT MANAGEMENT LLC

other names

NEW VERNON INVESTMENT MANAGEMENT LLC

Adviser Profile

As of Date	04/29/2025
ADV Location	HIGHLAND PARK, IL, United States
Adviser Type - Large advisory firm
Number of Employees	8 -20%
of those in investment advisory functions	4
Registration	SEC, Approved, 03/30/2012

AUM^*	116,901,694 20%
of that, discretionary	116,901,694 20%
Private Fund GAV^*	107,911,460 8%
Avg Account Size	10,627,427 31%
SMA’s	Yes
Private Funds	10 7
Contact Info	847 xxxxxxx

Client Types

- Pooled investment vehicles
- Corporations or other businesses not listed above

Advisory Activities

- Portfolio management for pooled investment vehicles
- Portfolio management for businesses
- Security ratings or pricing services

Compensation Arrangments

- A percentage of assets under your management
- Fixed fees (other than subscription fees)
- Performance-based fees

Fund Type	Count	GAV
Fund TypeHedge Fund	Count10	GAV$107,911,460

Adviser	Hedge Fund	Liquidity Fund	Private Equity Fund	Real Estate Fund	Securitized Asset Fund	Venture Capital Fund	Other Fund	Total Private Fund GAV	AUM	#Funds
Adviser BURREN CAPITAL ADVISORS LIMITED	Hedge Fund73.9m	Liquidity Fund-	Private Equity Fund-	Real Estate Fund-	Securitized Asset Fund-	Venture Capital Fund-	Other Fund-	Total Private Fund GAV73.9m	AUM103.9m	#Funds2
Adviser LONE PEAK PARTNERS MANAGEMENT LP	Hedge Fund42.9m	Liquidity Fund-	Private Equity Fund-	Real Estate Fund-	Securitized Asset Fund-	Venture Capital Fund-	Other Fund-	Total Private Fund GAV42.9m	AUM186.3m	#Funds1
Adviser HIGH HURDLE CAPITAL LLC	Hedge Fund-	Liquidity Fund-	Private Equity Fund-	Real Estate Fund-	Securitized Asset Fund-	Venture Capital Fund-	Other Fund-	Total Private Fund GAV-	AUM96.6m	#Funds-
Adviser VN CAPITAL MANAGEMENT, LLC	Hedge Fund99.5m	Liquidity Fund-	Private Equity Fund-	Real Estate Fund-	Securitized Asset Fund-	Venture Capital Fund-	Other Fund-	Total Private Fund GAV99.5m	AUM96.1m	#Funds2
Adviser SABER CAPITAL MANAGEMENT LLC	Hedge Fund46.5m	Liquidity Fund-	Private Equity Fund-	Real Estate Fund-	Securitized Asset Fund-	Venture Capital Fund-	Other Fund-	Total Private Fund GAV46.5m	AUM105.7m	#Funds3
Adviser SIDUS INVESTMENT MANAGEMENT, LLC	Hedge Fund107.6m	Liquidity Fund-	Private Equity Fund-	Real Estate Fund-	Securitized Asset Fund-	Venture Capital Fund-	Other Fund-	Total Private Fund GAV107.6m	AUM52.2m	#Funds3
Adviser NEWPOINT REAL ESTATE INVESTMENT MANAGEMENT LLC	Hedge Fund225.8m	Liquidity Fund-	Private Equity Fund-	Real Estate Fund-	Securitized Asset Fund-	Venture Capital Fund-	Other Fund-	Total Private Fund GAV225.8m	AUM225.8m	#Funds2
Adviser TR CAPITAL MANAGEMENT, LLC	Hedge Fund156.9m	Liquidity Fund-	Private Equity Fund-	Real Estate Fund-	Securitized Asset Fund-	Venture Capital Fund-	Other Fund-	Total Private Fund GAV156.9m	AUM149.6m	#Funds5
Adviser EMERGENT CAPITAL ADVISORS, LLC	Hedge Fund92.1m	Liquidity Fund-	Private Equity Fund-	Real Estate Fund-	Securitized Asset Fund-	Venture Capital Fund-	Other Fund-	Total Private Fund GAV92.1m	AUM92.1m	#Funds1
Adviser 9823 CAPITAL, LP	Hedge Fund762.2m	Liquidity Fund-	Private Equity Fund-	Real Estate Fund-	Securitized Asset Fund-	Venture Capital Fund-	Other Fund-	Total Private Fund GAV762.2m	AUM647.5m	#Funds6

Brochure Summary

Overview

NVIM is a Delaware limited liability company and is the surviving entity of a Delaware migratory merger, effected on August 23, 2010, with Millennium Group, LLC, an Illinois limited liability company. Millennium Group, LLC was founded in 1998 to provide trading and asset management services to U.S. and foreign investors and clients. NVIM is managed by Steven Shapiro and is principally owned by NV Capital Holdings II, LLC (“NVCH II”), a financial services holding company in which members of the Shapiro family hold a non-controlling minority interest. NVIM acts as a discretionary investment adviser to several private investment funds sponsored by NVIM and its affiliates (the “NVIM Funds”). As of the date hereof, NVIM advises private investment funds, grouped into 2 “master-feeder” structures (referred to herein as the “Global Opportunities Funds” and the “Insurance Funds,” respectively) and 1 stand-alone fund (referred to herein as the

“Global Fixed Income Fund”). NVIM has the flexibility to employ a broad array of investment strategies on behalf of the NVIM Funds that NVIM determines are consistent with the NVIM Funds’ investment objectives. The specific investment objectives and strategies utilized by the NVIM Funds vary between the different fund families, as further described below. See “Methods of Analysis, Investment Strategies and Risk of Loss.” In addition to advising the NVIM Funds, NVIM also offers discretionary advisory services to managed accounts (the “Client Accounts”), which may be owned by private investment funds sponsored by third- party advisers or other clients. The terms, nature and scope of such advisory services may be negotiated by NVIM and the applicable client, based on the client’s specific financial and investment objectives, risks and goals. As of December 31, 2023, NVIM managed approximately $108,862,462 of client assets on a discretionary basis.

NEW VERNON INVESTMENT MANAGEMENT LLC

Adviser Profile

Client Types

Advisory Activities

Compensation Arrangments

Reported AUM

Private Funds

Employees

Private Funds Structure

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Brochure Summary

Overview