The SUNSTONE ADVISORS is a privately held investment adviser that advises $148.62mn in regulatory assets under management held in 2 SEC fund types across 2 investment strategies. SUNSTONE 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 35.35% over the last 2-years.
The Group has been registered with the SEC for 3.03 years and is comprised of 1 filing and 1 relying advisers. They operate out of 3 office locations with their Headquarters at 18881 VON KARMAN AVENUE FLOOR 5, SUITE 500, IRVINE, CA. The Group has not been subject to regulatory enforcement actions. They are regulated by 1 US and Non-US bodies.
They have 19 employees comprised of 7 investment and 12 non-investment staff. The total number of Employees increased by 58.33% over the last 3-years.
Their $148.62mn in assets advised are owned by 8 private funds, 0 public funds and BDCs and 0 other accounts. Assets of Pooled Investment Vehicles (Not IC or BDC) clients total $145.49mn or 97.9% of Total Assets.
The Group's top investment strategies include FI/Credit - Diverse and Early Stage, representing 83.45% and 16.55% 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, 0 Prime Brokers, 1 Custodians and 0 Marketers. It does not report a third-party Fund Administrator in 0 private funds with $0 in assets.
The Group discloses fixed fees, management fees and performance-based fees.
SUNSTONE 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 MEDIUM-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 SUNSTONE ADVISORS's case, they have 13 business conditions that require high process maturity and 1 Watch Factors.