NEWPORT GLOBAL ADVISORS L.P. other names

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Adviser Profile

As of Date:

09/19/2024

Adviser Type:

- Large advisory firm

Number of Employees:

8

of those in investment advisory functions:

6

Registration:

SEC, Approved, 5/4/2006

AUM:

273,172,502 -42.20%

of that, discretionary:

273,172,502 -42.20%

Private Fund GAV:

194,615,933 -47.87%

Avg Account Size:

45,528,750 -42.20%

SMA’s:

YES

Private Funds:

5

Contact Info

713 xxxxxxx

Websites :
Client Types:

+

Advisory Activities:

+

Compensation Arrangments:

+

Reported AUM

Discretionary
Non-discretionary
676M 579M 483M 386M 290M 193M 97M
2015 2016 2017 2018 2019 2020 2021 2022 2023

Recent News



Private Funds Structure

Fund Type Count GAV
Hedge Fund 3 $60,833,457
Private Equity Fund 2 $133,782,476

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Private Funds



Employees




Brochure Summary

Overview

NewportGlobalAdvisorsLP.(the“Adviser”)wasformedin2005. Theprincipalownersof theAdviserareTimothyT.JanszenandRyanL.Langdon,andeachisaprincipalofficerof theAdviser: Mr.JanszenservesasPresidentandCEOandMr.LangdonisSeniorManaging Director.Together,Messrs.JanszenandLangdonandotherprincipalsandofficersofthe Adviserarereferredtohereinas"ManagementPersons".
TheAdviserprovidesinvestmentadviceandrelatedservicestopooledinvestmentvehicles andprivateinvestmentfunds(suchclientsoftheAdviserarereferredtocollectivelyherein asthe"Funds")andaseparatelymanagedaccount("SeparateAccount"andtogetherwith theFunds,"AdvisedClientAccounts")andassuchmakesinvestmentdecisionsonbehalfof suchAdvisedClientAccountsaccordingtotheinvestmentobjectiveofeachFundand SeparateAccount.Generally,andwithsomevariation,theinvestmentobjectiveofthe NewportGlobalCreditFundLP(togetherwithanyparallelorfeedervehicles,the“Credit Fund”)andtheSeparateAccountistoseekahighlevelofcurrentincomeand/ortotalreturn throughinvestmentsinleveragedloans,mezzanineandunsecureddebt,equityandother debtinstrumentsofstressedanddistressedcompanies.
TheinvestmentobjectiveoftheNewportGlobalOpportunitiesFundLPI-A(togetherwith anyparallelorfeedervehicles,the“OpportunitiesFundI-A”)istoseekattractivelong-term risk-adjustedreturnsbycapitalizingonmarketopportunitiesinthedistresseddebtmarket.
FurtherdetailregardingthespecificinvestmentstrategyandobjectiveofeachAdvisedClient AccountissetforthinsuchAdvisedClientAccount’sPrivatePlacementMemoranda, AmendedandRestatedLimitedPartnershipAgreementandInvestmentManagement Agreement,asapplicable.OnDecember19,2023,amajorityoftheLimitedPartnersofthe OpportunitiesFundI-A,therequisitenumberrequiredbythatfund’sAmendedandRestated LimitedPartnershipAgreement,consentedtotheextensionoftheOpportunitiesFundI-A’s termtoJanuary8,2025.
EachFundandSeparateAccountimposesrestrictionsoninvestingincertainsecuritiesor typesofsecurities.
CurrentlytheAdviserprovidesinvestmentadvicetothefollowingFunds: theOpportunitiesFundI-AandtheCreditFund. TheAdviserprovidesportfolio managementandadministrativeservicestotheFundsandtheSeparateAccount,including investigating,structuringandnegotiatingpotentialinvestments,monitoringthe performanceofportfolioinvestmentsandadvisingtheAdvisedClientAccountsasto dispositionopportunities.
AsofDecember31,2023,theAdvisermanagedapproximately$273millionona discretionarybasis.Inthecourseof2023,theFundsmanagedbytheAdviserdistributed approximately$146milliontotheFunds'Partners.
TheAdvisermayenterintoarrangementswithprivateinvestmentfunds,taxableandnon- taxableentitiesandinstitutions,andotherswherebyitprovidesnon-discretionaryadvisory services. Thefeeforsuchnon-discretionaryadvisoryisnegotiable.Currently,theAdviser 5 hasnosuchnon-discretionaryadvisoryservicearrangementsinplace.