The PARUS FINANCE (UK) LIMITED is a privately held investment adviser that advises $557.89mn in regulatory assets under management held in 1 SEC fund types across 2 investment strategies. PARUS FINANCE (UK) LIMITED is a Hybrid A hybrid fund manager is a manager whose total assets under management are spread across multiple investment vehicle types rather than concentrated in one. Fund Manager. Assets increased by 277.48% over the last 5-years.
The Group has been registered with the SEC for 11.55 years and is comprised of 1 filing and 0 relying advisers. They operate out of 1 office location with their Headquarters at 100 PALL MALL, LONDON, -. The Group has not been subject to regulatory enforcement actions. They are regulated by 2 US and Non-US bodies.
Their $557.89mn in assets advised are owned by 2 private funds, 1 public fund and BDCs and 0 other accounts. Assets of Investment Companies (IC) clients own $297.36mn or 53.3% of Total Assets and Pooled Investment Vehicles (Not IC or BDC) own $260.53mn or 46.7% of Total Assets.
The Group's top investment strategies include Derivatives and Long/Short Equity, representing 53.3% and 46.7% of total assets, respectively.
They advise Mutual Fund fund type.
The Group uses 2 Fund Administrators, 1 Fund Auditors, 2 Prime Brokers, 3 Custodians and 2 Marketers. It does not report a third-party Fund Administrator in 0 private funds with $0 in assets.
The Group does not disclose any type of fee.
PARUS FINANCE (UK) LIMITED 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 PARUS FINANCE (UK) LIMITED's case, they have 1 business conditions that require high process maturity and 0 Watch Factors.