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Adviser Profile

As of Date 05/06/2024
Adviser Type - Large advisory firm
Number of Employees 30 -21.05%
of those in investment advisory functions 10 -33.33%
Registration SEC, Approved, 08/20/2008
AUM* 4,239,890,182 -9.81%
of that, discretionary 4,231,054,757 -9.78%
Private Fund GAV* 843,149,261 4.42%
Avg Account Size 92,171,526 -9.81%
SMA’s No
Private Funds 14 2
Contact Info 212 xxxxxxx
Websites

Client Types

- Investment companies
- Pooled investment vehicles

Advisory Activities

- Portfolio management for individuals and/or small businesses
- Portfolio management for pooled investment vehicles

Compensation Arrangments

- A percentage of assets under your management
- Performance-based fees

Recent News

Reported AUM

Discretionary
Non-discretionary
7B 6B 5B 4B 3B 2B 1B
2015 2016 2017 2018 2019 2020 2021 2022 2023

Private Funds



Employees

Private Funds Structure

Fund Type Count GAV
Fund TypeVenture Capital Fund Count14 GAV$843,149,261

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Brochure Summary

Overview

4.A: Firm Description and Principal Owners Mirae Asset Global Investments (USA) LLC (the “Adviser”) is a Delaware limited liability company organized in April 2008 and located in New York, NY. The Adviser has been registered with the SEC since August 2008. The Adviser is a wholly-owned subsidiary of Mirae Asset Global Investments (USA) Inc. The Adviser’s parent is majority-owned by Mirae Asset Global Investments Co., Ltd. (“Mirae Asset Korea”) and partially owned by Mirae Asset Global Investments (Hong Kong) Ltd. (“Mirae Asset Hong Kong”). 4.B: Types of Advisory Services The Adviser provides investment management services as follows: 1. Sub-manager to non-U.S. affiliate investment vehicles including SICAVs1, established under the laws of Luxem- bourg, that are managed by Mirae Asset Hong Kong, foreign investment trusts, index funds and private funds managed by Mirae Asset Korea and wrap products managed and sponsored by Mirae Asset Securities Co., Ltd. (“Mirae Asset Securities) (collectively the “Foreign Funds”) and ETFs managed by Global X and Horizons ETFs Management (Canada) (collectively the “ETFs”); 2. Adviser may provide services to separately managed accounts (collectively “SMAs”), according to client investment objectives as specified in the investment management agreements; 3. Adviser to private investment funds, including venture capital funds and real estate funds (“Private Funds”), that are exempt from registration under the 40 Act and whose securities are not registered under the Securities Act of 1933, as amended. As the investment adviser of the Private Funds, the Adviser along with the general partners of the Private Funds, identify investment opportunities for, and participate in the acquisition, management, monitoring and disposition of investments of, each applicable Private Fund. Investment advice is provided directly to the Private Funds, subject to the discretion and control of the applicable Private Fund’s general partner, and not individually to the investors in
a Private Fund. Services are provided to a Private Fund in accordance with an advisory agreement and/or organizational documents of a Private Fund. Investment restrictions, if any, are set forth in the organizational or offering documents of the Private Fund, advisory agreements and/or side letter agreements 1 A “SICAV,” which stands for Société d’investissement à capital variable, is a type of open-ended investment fund with variable share capital that may invest in transferable securities, money market negotiated with investors in the Private Fund (such documents collectively, “Organizational Documents”). The Adviser mainly focuses on investments in equity and fixed- income securities, principally in global and emerging market equities and global and high-yield fixed income securities. In Private Funds, the Adviser primarily invests in private equity securities of companies in the technology sector and real estate. Investments may range across all stages of development. 4.C: How Services are Tailored to Fit Client Needs The Adviser formulates investment objectives, and directs and manages the investment and reinvestment of its products subject to the fundamental and non-fundamental investment policies adopted by the Foreign Funds, ETFs, SMAs and Private Funds. These policies are provided in the registration statements of the Foreign Funds, and ETFs and management or sub-management agreements. As for the SMA clients, the Adviser provides investment advisory services specifically tailored to the investment objectives and risk tolerance, as provided by the client, of such individual clients. These policies are provided in the Organizational Documents of the Private Funds. 4.D: Wrap Fee Programs The Adviser does not sponsor Wrap Fee Programs. 4.E: Management of Client Assets As of February 29, 2024, the Adviser’s assets under management for which it has investment discretion are $4,231,054,757 and its assets under management for which it does not have investment discretion are $8,835,425.