NEWPORT INVESTMENT MANAGEMENT, LLC
Adviser information for NEWPORT INVESTMENT MANAGEMENT, LLC last updated from Form ADV on March 28th, 2024. Select data displayed; additional Form ADV, Form D, Form 13F and other data is available from the Fincoded API.
Advisory Business
| Type of Organization | Limited Liability Company |
|---|---|
| Fiscal Year End | DECEMBER |
| Legal Location | Illinois, United States |
Employees
| Total Number of Employees | 15 |
|---|---|
| Investment Advisory/Research | 15 |
| Registered Broker-Dealer Representatives | 0 |
| Registered State Investment Advisers | 0 |
| Licensed Agents of an Insurance Company | 0 |
| No. of Firms/People that Solicit Clients | 0 |
RAUM
| Provides Management of Securities Portfolios | Yes |
|---|
| Type | Accounts | RAUM |
|---|---|---|
| Discretionary | 4 | $401.3M |
| Non-Discretionary | 2 | $72.2M |
| Total | 6 | $473.5M |
Clients
| Type | Number | RAUM |
|---|---|---|
| Individuals | 0 | $0 |
| HNW Individuals | 0 | $0 |
| Banking or thrift institutions | 0 | $0 |
| Investment companies | 0 | $0 |
| Business development companies | 0 | $0 |
| Pooled investment vehicles | 6 | $473.5M |
| Pension and profit sharing plans | 0 | $0 |
| Charitable organizations | 0 | $0 |
| State or municipal gov entities | 0 | $0 |
| Other investment advisers | 0 | $0 |
| Insurance companies | 0 | $0 |
| Sovereign wealth funds and foreign official institutions | 0 | $0 |
| Corporations or other businesses | 0 | $0 |
| Other | 0 | $0 |
| Type | Number |
|---|---|
| No. of Non-RAUM Clients | 0 |
| No. of Non-U.S. Clients | 0 |
| No. of Financial Planning Clients | 0 |
Services
| Advisory Services | Portfolio management for pooled investment vehicles |
|---|---|
| Compensation | % of AUMPerformance-based fees |
Identifiers
| SEC RIA File Number | 801-78673 |
|---|---|
| SEC ERA File Number | 801-78673 |
| SEC CIK Numbers | None |
| SEC CRD Numbers | 153918 |
| Legal Entity Identifier | None |
Principal Office
353 N. CLARK STREETSUITE 3625
CHICAGO
IL
United States
Monday - Friday, 8 AM - 6 PM
Tel: 312-724-7031, Fax: 312-724-7049
Chief Compliance Officer
DERRICK E. MCGAVIC
MANAGING PRINCIPAL
353 N. CLARK STREET
SUITE 3625
CHICAGO
IL
United States
Tel:
312-724-7032
Fax:
312-724-7049
D******@*********************M
(Full email address available in API data)
Regulatory Contact
ROSEANN MORAR
353 N. CLARK STREET
CHICAGO
IL
United States
Tel:
312-724-7032
Fax:
312-724-7049
R******@*********************M
(Full email address available in API data)
Industry Affiliates
| NCP ASSET MANAGEMENT | Real estate broker or dealer |
Private Funds
| Name | Type | Assets $USD | Min Investment $USD | No. Owners |
|---|---|---|---|---|
| NEWPORT CAPITAL PARTNERS FUND II, LP | Real Estate Fund | $140.3M | $0.5M | 10 |
| NEWPORT CAPITAL PARTNERS FUND I, LP | Real Estate Fund | $11.7M | $5.0M | 2 |
| NEWPORT CAPITAL PARTNERS FUND III, LP | Real Estate Fund | $230.2M | $2.0M | 8 |
| NEWPORT III CRA FUND, LP | Real Estate Fund | $19.1M | $2.0M | 3 |
| NEWPORT-3S, LLC | Real Estate Fund | $32.3M | $1.0M | 2 |
| TCB - MDP, LLC | Real Estate Fund | $39.9M | $0.0M | 2 |
Control Persons
| Name | Type | Entity | Title | Since | Ownership |
|---|---|---|---|---|---|
| NEWPORT CAPITAL PARTNERS HOLDING, LLC | Domestic Entity | – | MEMBER | 03/2010 | > 75% |
| MCGAVIC, DERRICK, E | Individual | – | MANAGING PRINCIPAL/CHIEF COMPLIANCE OFFICER | 03/2010 | > 75% |
| MCGAVIC, DERRICK, E | Individual | NEWPORT CAPITAL PARTNERS HOLDING, LLC | OWNER | 01/2024 | > 75% |
| Borja, Margaret | Individual | – | DIRECTOR, CHIEF ACCOUNTING OFFICER | 01/2024 | < 5% |