The NO STREET GP is a privately held investment adviser that advises $4.43Bn in regulatory assets under management held in 1 SEC fund types across 2 investment strategies. NO STREET GP 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 395.85% over the last 5-years.
The Group has been registered with the SEC for 7.18 years and is comprised of 1 filing and 0 relying advisers. They operate out of 1 office location with their Headquarters at 505 MONTGOMERY STREET, SUITE 1250, SAN FRANCISCO, CA. The Group has not been subject to regulatory enforcement actions. They are regulated by 2 US and Non-US bodies.
They have 10 employees comprised of 4 investment and 6 non-investment staff. The total number of Employees remained the same over the last few years.
Their $4.43Bn in assets advised are owned by 6 private funds, 0 public funds and BDCs and 0 other accounts. Assets of Pooled Investment Vehicles (Not IC or BDC) clients total $4.43Bn or 100% of Total Assets.
The Group's top investment strategies include Long/Short Equity and FI/Credit - Distress, representing 81.85% and 18.15% of total assets, respectively.
They advise 1 types of clients, top clients are Pooled Investment Vehicles (Not IC or BDC).
The Group uses 1 Fund Administrators, 1 Fund Auditors, 4 Prime Brokers, 7 Custodians and 0 Marketers. It does not report a third-party Fund Administrator in 0 private funds with $0 in assets.
The Group discloses management fees and performance-based fees.
NO STREET GP 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 LOW 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 NO STREET GP's case, they have 5 business conditions that require high process maturity and 0 Watch Factors.