NB Alternatives Advisers LLC

RIASEC Registered

Total AUM

$160B

Discretionary

$142B

88% of AUM

Avg account

$423M

Accounts

379

Employees

417

Advisory reps

Firm details

Headquarters: Dallas, Texas
CRD number: 149822
Registered since: March 31, 2009
Website: www.nb.com
Custodians: BANK OF AMERICA, U.S. BANCORP INVESTMENTS, INC.
Fee structure: Percentage of AUM, Fixed Fees, Performance Based Fees
Client types: Pooled Investment Vehicles55.59%
Pension & Profit Sharing Plans14.31%
Insurance Companies12.51%
Banking / Thrift Institutions7.4%
State / Municipal Government4.91%
Services: Portfolio Management for Investment CompaniesPortfolio Management for Pooled Investment VehiclesPortfolio Management for Institutional ClientsSelection of Other AdvisersEducational Seminars / Workshops

Firm profile

FINTRX

Overview

NB Alternatives Advisers LLC is an LLC that operates as a multi-strategy alternative asset manager with a focus on private equity and hedge fund strategies. The firm is SEC registered (registered in 2009) and serves both high‑net‑worth individuals and families as well as institutional clients. It functions more as a manager and sponsor of pooled vehicles than as a pure allocator to third‑party managers, and its business footprint includes CPO/CTA activity. The firm provides portfolio management for investment companies, pooled investment vehicles, and institutional or business clients. It also engages in selection of other advisers and runs educational seminars and workshops. Its fee arrangements include asset‑based fees, fixed fees, and performance‑based compensation. NB Alternatives describes itself as an active ESG investor and has affiliations across broker‑dealer, municipal advisory, insurance, and sponsor/GP roles.