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Adviser Profile

As of Date 03/28/2024
Adviser Type - Large advisory firm
Number of Employees 5
of those in investment advisory functions 3
Registration SEC, Approved, 3/28/2012
AUM* 536,924,444 0.12%
of that, discretionary 536,924,444 0.12%
Private Fund GAV* 536,924,444 0.12%
Avg Account Size 268,462,222 0.12%
SMA’s No
Private Funds 2
Contact Info 212 xxxxxxx
Websites

Client Types

- Pooled investment vehicles

Advisory Activities

- Portfolio management for pooled investment vehicles

Compensation Arrangments

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

Recent News

Reported AUM

Discretionary
Non-discretionary
1B 1B 882M 706M 529M 353M 176M
2015 2016 2017 2018 2019 2020 2021 2022 2023

Private Funds



Employees

Private Funds Structure

Fund Type Count GAV
Fund TypePrivate Equity Fund Count2 GAV$536,924,444

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Brochure Summary

Overview

The Management Company, a Cayman Islands exempted limited partnership and a registered investment adviser, and its affiliated investment advisers provide investment advisory services to investment funds privately offered to qualified investors in the United States and elsewhere. The Management Company commenced operations in 2006. The Management Company’s clients include the following (each, a “Fund,” and collectively, together with any feeder funds and future private investment fund to which the Management Company and/or its affiliates provide investment advisory services, the “Funds”):
• New Silk Route PE Asia Fund, L.P.
• New Silk Route PE Asia Fund-A, L.P. The following registered investment advisers are affiliated with the Management Company:
• New Silk Route PE Associates, L.P. (the “General Partner”)
• NSR Mauritius Advisors, LLC (“NSR Mauritius”) (each, an “Affiliate,” and together with the Management Company and their affiliated entities the “Advisers”). Each Affiliate is registered under the Advisers Act pursuant to the Management Company’s registration in accordance with SEC guidance, and the Affiliates operate as a single investment advisory services to the Funds on investments in India. The Management Company provides discretionary investment advisory services to the Funds on non-Indian investments, and the Management Company also provides non-discretionary investment advisory services to NSR Mauritius with respect to investments in Asia. In its capacity as the general partner of the Funds, the General Partner has the authority to manage the business and affairs of Funds. The Funds are private equity funds and invest typically through negotiated transactions in operating entities, generally referred to herein as “portfolio companies.” The Advisers’ investment advisory services to the Funds consist of identifying and evaluating investment opportunities, negotiating the terms of investments, managing and monitoring investments and achieving dispositions for such investments. Investments are made predominantly in non-public companies, although investments in public companies are permitted. Where such investments consist of portfolio companies, the senior principals or other personnel of the Advisers generally serve on such portfolio companies’ respective boards of directors
or otherwise act to influence control over management of portfolio companies held by the Funds. The Advisers’ discretionary advisory and non-discretionary sub-advisory services for the Funds are typically detailed in the relevant private placement memoranda (each, a “Memorandum”), limited partnership agreements (each, a “Partnership Agreement”), subscription agreements (each, a “Subscription Agreement”) and, as applicable, side letters (the “Side Letters” and together with the Memorandum, the Partnership Agreement and the Subscription Agreements, the “Governing Documents”) and are further described below under “Methods of Analysis, Investment Strategies and Risk of Loss.” Investors in the Funds (generally referred to herein as “investors” or “limited partners”) participate in the overall investment program for the applicable Fund, but in certain circumstances are excused from a particular investment due to legal, regulatory or other agreed upon circumstances pursuant to the Governing Documents; for the avoidance of doubt, such arrangements generally do not and will not create an adviser-client relationship between the Advisers and any investor. The Funds or the Advisers have entered into Side Letters or other similar agreements with certain investors that have the effect of establishing rights (including economic or other terms) under, or altering or supplementing the terms of, the Governing Documents with respect to such investors. As of December 31, 2023, the Management Company managed approximately $536,924,444 in client assets on a discretionary basis. New Silk Route Partners, Ltd., acts as the general partner of the Management Company and the General Partner. Parag Saxena, the Chief Executive Officer of the Management Company, is the principal owner of New Silk Route Partners, Ltd. All of the information in this Part 2A of the ADV is subject to the underlying Governing Documents for each of the Funds and, in certain circumstances, such Governing Documents include provisions which, or may be amended to, grant the relevant General Partner and/or the investors rights or obligations beyond those described herein. Additionally, the Governing Documents for a particular Fund will often include additional information and detail regarding the risks related to an investment in such Fund.