The GRANITE SPRINGS ASSET MANAGEMENT is a privately held investment adviser that advises $1.68Bn in regulatory assets under management held in 1 SEC fund types across 3 investment strategies. GRANITE SPRINGS ASSET MANAGEMENT is a SMA An SMA manager is a manager whose >=75% of total assets under management are in separately managed accounts, which are discretionary client-specific accounts rather than pooled vehicles. Manager. Assets increased by 247.17% over the last 5-years.
The Group has been registered with the SEC for 12.97 years and is comprised of 1 filing and 0 relying advisers. They operate out of 2 office locations with their Headquarters at 26 MAIN STREET SUITE 304, CHATHAM, NJ. The Group has been subject to regulatory enforcement actions. They are regulated by 1 US and Non-US bodies.
They have 30 employees comprised of 16 investment and 14 non-investment staff. The total number of Employees increased by 25% over the last 5-years.
Their $1.68Bn in assets advised are owned by 4 private funds, 0 public funds and BDCs and 27 other accounts. Assets of Corporations or Other Businesses clients own $976.6mn or 58.06% of Total Assets and Pooled Investment Vehicles (Not IC or BDC) own $256.01mn or 15.22% of Total Assets.
The Group's top investment strategies include FI/Credit - Diverse, Multi Strat and Real Estate, representing 81.45%, 10.67% and 7.88% of total assets, respectively.
They advise 6 types of clients, top clients are Corporations or Other Businesses and Pooled Investment Vehicles (Not IC or BDC).
The Group uses 2 Fund Administrators, 1 Fund Auditors, 3 Prime Brokers, 3 Custodians and 1 Marketers. It does not report a third-party Fund Administrator in 0 private funds with $0 in assets.
The Group discloses fixed fees, management fees and performance-based fees.
GRANITE SPRINGS ASSET MANAGEMENT names 0 sub-advisers to 0 different funds advised by the group. The Group has been named as the sub-adviser to 0 funds.
They have a MEDIUM-WATCH risk business model that requires a high degree of process maturity to manage operational risk. A Manager Group has a "High Complexity" when 25% or more of 63 business conditions measured require a high level of process maturity to manage the risk. The "Watch" suffix indicates that one or more of the following business conditions carry a high-complexity score: 1) % Fund Assets Valued Internally, 2) prior Regulatory Violations, 3) Unqualified Audits, 4) Multi-Functional C-Suite and 5) Business Concentration Risk with an Auditor or Administrator.
In GRANITE SPRINGS ASSET MANAGEMENT's case, they have 12 business conditions that require high process maturity and 2 Watch Factors.