Convergence Investment Partners, LLC (“Convergence,” the “Firm,” “we” or “us”) is an investment adviser registered with the SEC since November 2008. The Firm is a limited liability company organized since August 2008. Our principal owner is Nile Capital Group, LLC (“Nile”).
Nile Capital Group Holdings, LLC is the manager of Nile. Melvin Lindsey is the manager of Nile Capital Group Holdings, LLC.
We provide investment management services to individuals, trusts, estates, charitable organizations, corporations, insurance companies, business entities and investment companies.
Convergence is also engaged by other investment advisers as a subadviser to manage a portion of a client’s assets. The subadvised accounts are managed by Convergence in accordance with the goals and objectives of the client.
In addition, the Firm participates in a third-party separately managed account models program, currently through Envestnet Asset Management, Inc. (“Envestnet”) whereby Convergence provides non-discretionary investment advice through delivery of a model portfolio. Under this arrangement, Envestnet retains discretion to implement, reject, or adjust such model and is responsible for executing any corresponding transactions on behalf of the underlying clients.
Convergence does not affect or execute transactions and does not consider underlying clients to be clients of the Firm. Convergence receives a portion of the wrap/program fee collected by Envestnet.
Prior to engaging us, the client will be required to enter into a written agreement setting forth the terms, conditions, and objectives under which we render services (the “Agreement”).
Additionally, we will only implement our investment recommendations after the client has arranged for and furnished all information and authorization regarding accounts with appropriate financial institutions. Investment guidelines and restrictions must be provided to us in writing. We reserve the right to deny acceptance of a client account based upon the client limiting our discretion. Not all client

investment guidelines and restrictions can be met. Our clients are advised to promptly notify us if there are ever any changes in their financial situation or investment objectives or if they wish to impose any reasonable restrictions upon our advisory services.
Our discretionary assets under management as of February 29, 2024, are $245,703,119. Our non- discretionary assets under management as of February 29, 2024, are $17,717,291.
Convergence offers the following separate account strategies: Long/Short Equity Separate Account The investment objective of the Long/Short Equity Strategy is long-term growth. The Long/Short Equity Strategy seeks to generate a positive return over the Russell 3000® over a market cycle, by applying a proprietary dynamic model to both the long portfolio and the short portfolio.
Dividend Growth Separate Account The investment objective of the Dividend Growth Strategy is to seek competitive long-term returns, reduced volatility, and attractive levels of income (as measured by the Russell 1000® Index).
Domestic Strategic Active Tax Management Separate Account The investment objective of the Domestic Strategic Active Tax Management Strategy is to earn superior returns in targeted, index-based portfolios by employing active tax management strategies.
Unbiased Equity Separate Account The investment objective of the Unbiased Equity Strategy is to capture a better market return by constructing an equity portfolio emphasizing factors other than market capitalization.
Small Cap Opportunities Separate Account The investment objective of the Small Cap Opportunities Strategy is to seek long-term growth by focusing investment on stocks issued by companies with small to medium market capitalizations that are typically included in the Russell 2500® Index. This strategy was formerly referred to as the SMID Core Strategy.
Convergence is also Adviser to an exchange traded fund (ETF), the Convergence Long/Short Equity ETF, having advised its predecessor mutual fund which converted to an exchange traded fund on February 18, 2022.