The VEDANTA MANAGEMENT, LP is a privately held investment adviser that advises $1.98Bn in regulatory assets under management held in 4 SEC fund types across 2 investment strategies. VEDANTA MANAGEMENT, LP 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 43.84% over the last 5-years.
The Group has been registered with the SEC for 13.85 years and is comprised of 2 filing and 1 relying advisers. They operate out of 1 office location with their Headquarters at 250 WEST 55TH STREET 16TH FLOOR, SUITE C, NEW YORK, NY. The Group has been subject to regulatory enforcement actions. They are regulated by 3 US and Non-US bodies.
They have 12 employees comprised of 6 investment and 6 non-investment staff. The total number of Employees decreased by 7.69% over the last 5-years.
Their $1.98Bn in assets advised are owned by 20 private funds, 1 public fund and BDCs and 0 other accounts. Assets of Pooled Investment Vehicles (Not IC or BDC) clients own $1.78Bn or 89.89% of Total Assets and Investment Companies (IC) own $200mn or 10.11% of Total Assets.
The Group's top investment strategies include Traditional LBO and Early Stage, representing 99.83% and 0.17% of total assets, respectively.
They advise 2 types of clients, top clients are Pooled Investment Vehicles (Not IC or BDC) and Investment Companies (IC).
The Group uses 2 Fund Administrators, 3 Fund Auditors, 0 Prime Brokers, 2 Custodians and 0 Marketers. It does not report a third-party Fund Administrator in 15 private funds with $359.77mn in assets.
The Group discloses fixed fees, management fees and performance-based fees.
VEDANTA MANAGEMENT, LP 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 HIGH-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 VEDANTA MANAGEMENT, LP's case, they have 18 business conditions that require high process maturity and 3 Watch Factors.