The EVERCORE GROUP is a privately held investment adviser that advises $6.34Bn in regulatory assets under management held in 1 SEC fund types across 3 investment strategies. EVERCORE GROUP 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 decreased by 52.28% over the last 5-years.
The Group has been registered with the SEC for 44.06 years and is comprised of 3 filing and 0 relying advisers. They operate out of 7 office locations with their Headquarters at 55 EAST 52ND STREET 23RD FLOOR, NEW YORK, NY. The Group has not been subject to regulatory enforcement actions. They are regulated by 5 US and Non-US bodies.
They have 127 employees comprised of 70 investment and 57 non-investment staff. The total number of Employees increased by 0.79% over the last 5-years.
Their $6.34Bn in assets advised are owned by 12 private funds, 1 public fund and BDCs and 195 other accounts. Assets of Pension and Profit Sharing Plans-Private clients own $4.06Bn or 64% of Total Assets and Investment Companies (IC) own $1.03Bn or 16.23% of Total Assets.
The Group's top investment strategies include Long/Short Equity, Traditional LBO and Real Estate, representing 55.86%, 41.8% and 2.34% of total assets, respectively.
They advise 6 types of clients, top clients are Pension and Profit Sharing Plans-Private and Investment Companies (IC).
The Group uses 1 Fund Administrators, 2 Fund Auditors, 0 Prime Brokers, 1 Custodians and 1 Marketers. It does not report a third-party Fund Administrator in 12 private funds with $406.31mn in assets.
The Group discloses advisory fees, fixed fees and management fees.
EVERCORE 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 EVERCORE GROUP's case, they have 19 business conditions that require high process maturity and 2 Watch Factors.