{ "crd_number": 160247, "slug": "new-vernon-investment-management-llc-highland-park-il-160247", "primary_business_name": "NEW VERNON INVESTMENT MANAGEMENT LLC", "legal_name": "NEW VERNON INVESTMENT MANAGEMENT LLC", "dbas": [], "city": "Highland Park", "state": "IL", "country": "United States", "cbsa_code": "16980", "metro": { "cbsa_code": "16980", "common_name": "Chicago", "msa_name": "Chicago-Naperville-Elgin, IL-IN", "path": "/advisors/il/chicago" }, "registration_type": "sec", "registration_status": "Approved", "registration_date": "2012-03-30", "years_registered": 14, "period": "2026-10-01", "filing_date": "2026-04-27", "carried_forward": false, "raum_total": 115505111.0, "raum_discretionary": 115505111.0, "raum_non_discretionary": 0.0, "raum_band": "100m_500m", "raum_band_label": "$100 million to $500 million", "total_employees": 8, "advisory_employees": 4, "client_count_bucket": null, "clients_by_type": { "other_investment_advisers": { "raum": 0.0, "count": 2 }, "pooled_investment_vehicles": { "raum": 113098008.0, "count": 10 }, "corporations_other_businesses": { "raum": 2407103.0, "count": 1 } }, "compensation_types": [ "fixed", "other", "percentage_of_aum", "performance_based" ], "advisory_activities": [ "other", "portfolio_management_businesses_institutional", "portfolio_management_pooled_vehicles", "security_ratings_pricing" ], "wrap_fee_participant": false, "disclosure_yes_count": 0, "states_registered": [], "websites": [], "iapd_url": "https://adviserinfo.sec.gov/firm/summary/160247", "city_as_filed": "HIGHLAND PARK", "url": "https://advisorcensus.com/firm/new-vernon-investment-management-llc-highland-park-il-160247", "display_name": "New Vernon Investment Management LLC", "summary": "New Vernon Investment Management LLC is an SEC-registered investment advisory firm in Highland Park, IL, registered since 2012, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated April 27, 2026.", "citation": "AdvisorCensus. New Vernon Investment Management LLC (CRD 160247): Form ADV filing data as of October 2026.", "registration_type_label": "SEC-registered investment adviser", "compensation_labels": [ "A percentage of assets under your management", "Fixed fees (other than subscription fees)", "Performance-based fees", "Other" ], "advisory_activity_labels": [ "Portfolio management for pooled investment vehicles (other than investment companies)", "Portfolio management for businesses (other than small businesses) or institutional clients", "Security ratings or pricing services", "Other" ], "quick_answers": [ { "q": "How is New Vernon Investment Management LLC compensated?", "a": "On its Form ADV (Item 5.E, October 2026), New Vernon Investment Management LLC reports these compensation arrangements: a percentage of assets under its management; fixed fees (other than subscription fees); performance-based fees; other." }, { "q": "Where is New Vernon Investment Management LLC located?", "a": "New Vernon Investment Management LLC's principal office is in Highland Park, IL, according to its Form ADV." }, { "q": "Is New Vernon Investment Management LLC registered with the SEC or a state?", "a": "New Vernon Investment Management LLC is an SEC-registered investment advisory firm, registered since 2012. Status as filed: Approved. CRD 160247." }, { "q": "How much does New Vernon Investment Management LLC manage?", "a": "New Vernon Investment Management LLC reports $115,505,111 in regulatory assets under management in its Form ADV filing dated April 27, 2026 (100% discretionary)." }, { "q": "How have New Vernon Investment Management LLC's assets and staff changed since 2021?", "a": "In the Form ADV data for New Vernon Investment Management LLC: Regulatory assets under management: $88,952,590 in the October 2021 data and $115,505,111 in the October 2026 data, up 30%. Total employees: 11 in October 2021 and 8 in October 2026. Assets under management move with markets as well as with clients coming and going." }, { "q": "What types of clients does New Vernon Investment Management LLC serve?", "a": "By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (10); other investment advisers (2); corporations or other businesses not listed above (1)." }, { "q": "Which custodians does New Vernon Investment Management LLC use?", "a": "New Vernon Investment Management LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Pershing LLC as a custodian holding 10% or more of its separately managed account assets." }, { "q": "Does New Vernon Investment Management LLC report any disciplinary disclosures?", "a": "Reports no disclosure items on Form ADV Item 11. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/160247" } ], "filing_history": [ { "period": "2021-10-01", "regulatory_assets_under_management": 88952590.0, "total_employees": 11, "filing_date": "2021-03-30" }, { "period": "2022-10-01", "regulatory_assets_under_management": 99454498.0, "total_employees": 10, "filing_date": "2022-06-27" }, { "period": "2023-10-01", "regulatory_assets_under_management": 97574397.0, "total_employees": 10, "filing_date": "2023-06-26" }, { "period": "2024-10-01", "regulatory_assets_under_management": 108862462.0, "total_employees": 8, "filing_date": "2024-04-25" }, { "period": "2025-10-01", "regulatory_assets_under_management": 116901694.0, "total_employees": 8, "filing_date": "2025-04-29" }, { "period": "2026-10-01", "regulatory_assets_under_management": 115505111.0, "total_employees": 8, "filing_date": "2026-04-27" } ], "recent_changes": [], "fees_from_brochure": null, "custodians": [ { "name": "Pershing LLC", "name_as_filed": "PERSHING LLC", "affiliated": false } ], "custodians_note": "Custodians holding 10% or more of the firm's separately managed account assets, as filed on Form ADV (Schedule D, Section 5.K(3)). A custodian holds client assets; it does not endorse or supervise the firm. AdvisorCensus has no relationship with any custodian.", "markdown_url": "https://advisorcensus.com/firm/new-vernon-investment-management-llc-highland-park-il-160247.md", "clients": [ { "type": "pooled_investment_vehicles", "label": "Pooled investment vehicles (other than investment companies and business development companies)", "count": 10, "fewer_than_5": false, "raum": 113098008.0 }, { "type": "other_investment_advisers", "label": "Other investment advisers", "count": 2, "fewer_than_5": false, "raum": 0.0 }, { "type": "corporations_other_businesses", "label": "Corporations or other businesses not listed above", "count": 1, "fewer_than_5": false, "raum": 2407103.0 } ], "disclosure_line": "Reports no disclosure items on Form ADV Item 11.", "disclosure_items": [], "indexable": true, "suppressed": false, "claimed": false, "enhanced": false, "provided_by_the_firm": null, "source": { "name": "Form ADV", "as_of": "2026-10-01", "iapd_url": "https://adviserinfo.sec.gov/firm/summary/160247", "operator": "BH Monitor Services, LLC", "license": "https://creativecommons.org/licenses/by/4.0/", "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data" } }