The THE WESTLY GROUP is a privately held investment adviser that advises $1.92Bn in regulatory assets under management held in 1 SEC fund types across 2 investment strategies. THE WESTLY GROUP is a Private Fund A private fund manager is a manager whose >=75% of total assets under management are in private funds (privately offered pooled vehicles for accredited or qualified investors, generally accessed through placements with higher minimums, restricted eligibility, and negotiated terms) Manager. Assets increased by 671.39% over the last 5-years.
The Group has been registered with the SEC for 13.85 years and is comprised of 2 filing and 0 relying advisers. They operate out of 3 office locations with their Headquarters at 2200 SAND HILL ROAD, SUITE 250, MENLO PARK, CA. The Group has not been subject to regulatory enforcement actions. They are regulated by 1 US and Non-US bodies.
Their $1.92Bn in assets advised are owned by 12 private funds, 0 public funds and BDCs and 0 other accounts. Assets of Pooled Investment Vehicles (Not IC or BDC) clients total $1.92Bn or 100% of Total Assets.
The Group's top investment strategies include Early Stage and ESG, representing 96.84% and 3.16% of total assets, respectively.
They advise Venture Capital Fund fund type.
The Group uses 1 Fund Administrators, 2 Fund Auditors, 0 Prime Brokers, 3 Custodians and 0 Marketers. It does not report a third-party Fund Administrator in 7 private funds with $180.42mn in assets.
The Group does not disclose any type of fee.
THE WESTLY GROUP 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 THE WESTLY GROUP's case, they have 10 business conditions that require high process maturity and 1 Watch Factors.