The EVERGREEN INVESTMENT ADVISORS is a privately held investment adviser that advises $24.75Bn in regulatory assets under management held in 2 SEC fund types across 5 investment strategies. EVERGREEN INVESTMENT ADVISORS 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 118.53% over the last 5-years.
The Group has been registered with the SEC for 20.83 years and is comprised of 2 filing and 0 relying advisers. They operate out of 4 office locations with their Headquarters at 150 SOUTH WACKER DRIVE SUITE 3100, CHICAGO, IL. The Group has not been subject to regulatory enforcement actions. They are regulated by 4 US and Non-US bodies.
They have 57 employees comprised of 10 investment and 47 non-investment staff. The total number of Employees increased by 78.12% over the last 5-years.
Their $24.75Bn in assets advised are owned by 7 private funds, 0 public funds and BDCs and 4 other accounts. Assets of Pooled Investment Vehicles (Not IC or BDC) clients own $24.67Bn or 99.69% of Total Assets and Corporations or Other Businesses own $75.5mn or 0.31% of Total Assets.
The Group's top investment strategies include Real Estate, Long/Short Equity and Traditional LBO, representing 81.52%, 9.77% and 5.77% 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 1 Fund Administrators, 2 Fund Auditors, 2 Prime Brokers, 8 Custodians and 0 Marketers. It does not report a third-party Fund Administrator in 3 private funds with $10.77Bn in assets.
The Group discloses management fees and performance-based fees.
EVERGREEN INVESTMENT ADVISORS 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 EVERGREEN INVESTMENT ADVISORS's case, they have 20 business conditions that require high process maturity and 1 Watch Factors.