The WAHED INVEST is a privately held investment adviser that advises $2.04Bn in regulatory assets under management held in 0 SEC fund types across 1 investment strategies. WAHED INVEST 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 2,666.8% over the last 5-years.
The Group has been registered with the SEC for 10.49 years and is comprised of 1 filing and 0 relying advisers. They operate out of 1 office location with their Headquarters at 27 EAST 28TH STREET, 8TH FLOOR, NEW YORK, NY. The Group has been subject to regulatory enforcement actions. They are regulated by 5 US and Non-US bodies.
They have 9 employees comprised of 1 investment and 8 non-investment staff. The total number of Employees increased by 12.5% over the last 5-years.
Their $2.04Bn in assets advised are owned by 0 private funds, 2 public funds and BDCs and 1 other account. Assets of Investment Companies (IC) clients own $1.89Bn or 92.64% of Total Assets and Individuals own $149.18mn or 7.31% of Total Assets.
The Group's top investment strategies include Long/Short Equity, representing 100% of total assets, respectively.
They advise 4 types of clients, top clients are Investment Companies (IC) and Individuals.
The Group uses 1 Fund Administrators, 1 Fund Auditors, 0 Prime Brokers, 1 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.
WAHED INVEST 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 WAHED INVEST's case, they have 14 business conditions that require high process maturity and 1 Watch Factors.