Nuveen Alternatives Advisors LLC is a large advisory firm based in New York. It manages $89.86 billion of regulatory assets for 22 client accounts. It has been registered with the SEC as an adviser since 2018.
Nuveen Alternatives Advisors provides portfolio management for pooled investment vehicles and portfolio management for businesses and institutional clients. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Nuveen Alternatives Advisors LLC is $89.86 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 13% since the beginning of its operation, and $3.11 billion of the total AUM is attributable to clients outside of the United States.
The advisory firm has several streams of revenue. Clients pay Nuveen Alternatives Advisors LLC for their services and products based on a percentage of assets under management and performance-based fees. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.
The only and largest group of clients of Nuveen Alternatives Advisors is pooled investment vehicles with 36 clients and $7.45 billion of assets under management. Among the 8 most similar advisory firms, Nuveen Alternatives Advisors has the 2nd lowest percentage of pooled investment vehicles out of all clients.
The amount of regulatory assets under management is $7.45 billion for 36 clients. 30% of the firm’s clients are foreign persons or businesses.
Nuveen Alternatives Advisors also advises several private funds. Namely, four hedge funds, one real estate fund, nine private equity funds, and four securitized asset funds. The minimum investment commitment required of non-related persons ranges from $0 to $100,000,000.
The company employs 186 people that are either part- or full-time employees. 54 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.
There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.
The principal office where Nuveen Alternatives Advisors LLC performs its advisory services is located at 730 Third Avenue, New York, NY 10017 3206, which is also the mailing address of the firm. An additional office of the firm is in Newport Beach, CA. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 212-490-9000 or by fax 212-916-6980. The normal business hours are 8:15 a.m. - 5:00 p.m. on Monday - Friday. You can find more information about the New York firm at tiaa.org.