# New Silk Route

> New Silk Route is an SEC-registered investment advisory firm in New York, NY, registered since 2012, reporting $500 million to $1 billion in regulatory assets under management in its Form ADV filing dated August 10, 2026.

- CRD: 161339
- Filed as: NEW SILK ROUTE
- Legal name: New Silk Route Advisors, L.P.
- Also doing business as: NEW SILK ROUTE ADVISORS PRIVATE LIMITED, NSR MAURITIUS ADVISORS, LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: New York, NY
- Filing period: October 2026
- Form ADV filing dated: August 10, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/161339
- AdvisorCensus page: https://advisorcensus.com/firm/new-silk-route-new-york-ny-161339

## Quick answers

**How is New Silk Route compensated?**
On its Form ADV (Item 5.E, October 2026), New Silk Route reports these compensation arrangements: a percentage of assets under its management; fixed fees (other than subscription fees); performance-based fees. The amounts are in Item 5 of its Form ADV Part 2A brochure.

**Where is New Silk Route located?**
New Silk Route's principal office is in New York, NY, according to its Form ADV.

**Is New Silk Route registered with the SEC or a state?**
New Silk Route is an SEC-registered investment advisory firm, registered since 2012. Status as filed: Approved. CRD 161339.

**How much does New Silk Route manage?**
New Silk Route reports $531,530,183 in regulatory assets under management in its Form ADV filing dated August 10, 2026 (100% discretionary).

**How have New Silk Route's assets and staff changed since 2021?**
In the Form ADV data for New Silk Route: Regulatory assets under management: $829,919,854 in the October 2021 data and $531,530,183 in the October 2026 data, down 36%. Total employees: 4 in October 2021 and 5 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does New Silk Route serve?**
By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (2).

**Does New Silk Route report any disciplinary disclosures?**
Reports 3 disclosure items on Form ADV Item 11: yes answers to 11.C(2) (SEC or CFTC finding of a violation), 11.C(4) (SEC or CFTC order), and 11.C(5) (SEC or CFTC civil money penalty or cease-and-desist order). Each question covers the firm and its advisory affiliates, and one event can produce several yes answers. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/161339

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management
- Fixed fees (other than subscription fees)
- Performance-based fees

### Regulatory assets under management (Item 5.F)
- Total: $531,530,183
- Discretionary: $531,530,183
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Pooled investment vehicles (other than investment companies and business development companies) | 2 | $531,530,183 |

### Advisory services (Item 5.G)
- Portfolio management for pooled investment vehicles (other than investment companies)

### Firm details
- Registered since: 2012 (14 years)
- Employees: 5 total, 3 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: NY
- Disclosures (Item 11): Reports 3 disclosure items on Form ADV Item 11.

### Item 11 questions answered yes
- 11.C(2): Has the SEC or the CFTC ever found that the firm or an advisory affiliate was involved in a violation of SEC or CFTC regulations or statutes?
- 11.C(4): Has the SEC or the CFTC ever entered an order against the firm or an advisory affiliate in connection with investment-related activity?
- 11.C(5): Has the SEC or the CFTC ever imposed a civil money penalty on the firm or an advisory affiliate, or ordered the firm or an advisory affiliate to cease and desist from an activity?

Each question covers the firm and its advisory affiliates: its current employees other than clerical staff, its officers, partners, and directors, and anyone who controls the firm or is controlled by it. One event can produce yes answers to several questions. SEC-registered advisers and exempt reporting advisers may leave out events more than ten years old, and may answer 11.A(2) and 11.B(2) for pending charges only. The detail of each yes answer is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/161339

### Websites listed on Form ADV (Item 1.I)
- nsrpartners.com
- LinkedIn @NEW-SILK-ROUTE

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $829,919,854 | 4 | March 31, 2021 |
| October 2022 | $734,341,348 | 5 | March 31, 2022 |
| October 2023 | $536,299,852 | 5 | March 31, 2023 |
| October 2024 | $536,924,444 | 5 | September 18, 2024 |
| October 2025 | $528,904,852 | 5 | March 28, 2025 |
| October 2026 | $531,530,183 | 5 | August 10, 2026 |

Regulatory assets under management: $829,919,854 in the October 2021 data and $531,530,183 in the October 2026 data, down 36%.
Total employees: 4 in October 2021 and 5 in October 2026.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. New Silk Route (CRD 161339): Form ADV filing data as of October 2026.