The ABSOLUTE INV GROUP is a privately held investment adviser that advises $3.27Bn in regulatory assets under management held in 1 SEC fund types across 1 investment strategies. ABSOLUTE INV GROUP is a Public Fund A public fund manager is a manager whose >=75% of total assets under management are in public funds (broadly accessible, exchange-listed investment vehicles available to retail investors with typically low minimums and clear, widely available information) Manager. Assets increased by 637.97% over the last 5-years.
The Group has been registered with the SEC for 21.43 years and is comprised of 1 filing and 0 relying advisers. They operate out of 5 office locations with their Headquarters at 82 SOUTH BARRETT SQUARE SUITE 2G, ROSEMARY BEACH, FL. The Group has not been subject to regulatory enforcement actions. They are regulated by 2 US and Non-US bodies.
They have 16 employees comprised of 7 investment and 9 non-investment staff. The total number of Employees increased by 100% over the last 5-years.
Their $3.27Bn in assets advised are owned by 2 private funds, 5 public funds and BDCs and 0 other accounts. Assets of Investment Companies (IC) clients own $3.13Bn or 95.72% of Total Assets and Pooled Investment Vehicles (Not IC or BDC) own $140.26mn or 4.28% of Total Assets.
The Group's top investment strategies include Multi Strat, representing 100% of total assets, respectively.
They advise 2 types of clients, top clients are Investment Companies (IC) and Pooled Investment Vehicles (Not IC or BDC).
The Group uses 1 Fund Administrators, 1 Fund Auditors, 2 Prime Brokers, 4 Custodians and 1 Marketers. It does not report a third-party Fund Administrator in 0 private funds with $0 in assets.
The Group discloses management fees.
ABSOLUTE INV 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 MEDIUM 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 ABSOLUTE INV GROUP's case, they have 9 business conditions that require high process maturity and 0 Watch Factors.