The WAFRA GROUP is a privately held investment adviser that advises $28.36Bn in regulatory assets under management held in 2 SEC fund types across 3 investment strategies. WAFRA 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 58.9% over the last 5-years.
The Group has been registered with the SEC for 40.99 years and is comprised of 2 filing and 0 relying advisers. They operate out of 7 office locations with their Headquarters at 345 PARK AVENUE, NEW YORK, NY. The Group has not been subject to regulatory enforcement actions. They are regulated by 6 US and Non-US bodies.
They have 192 employees comprised of 86 investment and 106 non-investment staff. The total number of Employees increased by 22.29% over the last 5-years.
Their $28.36Bn in assets advised are owned by 78 private funds, 0 public funds and BDCs and 29 other accounts. Assets of Pooled Investment Vehicles (Not IC or BDC) clients own $21.59Bn or 76.11% of Total Assets and Corporations or Other Businesses own $6.37Bn or 22.47% of Total Assets.
The Group's top investment strategies include Traditional LBO, Early Stage and Real Estate, representing 71.8%, 14.48% and 13.72% of total assets, respectively.
They advise 2 types of clients, top clients are Pooled Investment Vehicles (Not IC or BDC) and Corporations or Other Businesses.
The Group uses 2 Fund Administrators, 2 Fund Auditors, 0 Prime Brokers, 6 Custodians and 1 Marketers. It does not report a third-party Fund Administrator in 1 private funds with $33mn in assets.
The Group discloses advisory fees, fixed fees, management fees and performance-based fees.
WAFRA 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 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 WAFRA GROUP's case, they have 23 business conditions that require high process maturity and 2 Watch Factors.