NEWVEST MANAGEMENT, LP
NEWVEST MANAGEMENT, LP is a Series C+ and buyout fund in global investing in private-equity and private-debt.
- Stages
- Series C+, buyout
- Sectors
- private-equity, private-debt
- Invests in
- global
- Actively investing
- Yes
- Founded
- 2021
- Assets under management
- $445M
- Website
- newvest.com
Check size not disclosed
Thesis
NewVest Management, LP, founded in 2021 and headquartered in New York, NY, is an SEC-registered investment advisor specializing in passive index funds for private markets. Their core strategy is to offer investors broad diversification, transparency, standardization, scalability, and lower fees by constructing capital-weighted index funds that replicate pooled private market returns. This approach serves as an alternative to traditional fund-of-funds models. The firm focuses on private equity and private debt, investing in the largest global funds, such as their PE50 2024 fund which targets 50 of the largest private equity funds. NewVest operates on a global geographic scope and structures its funds as closed-end, annual-vintage vehicles. A key differentiator is their "no management fee" structure at the NewVest level, with fees primarily based on a low carry. As of November 2024, the firm's AUM reached $430 million after raising $180 million for its second private equity index fund vintage. The firm's AUM was reported at $438,243,261 as of March 31, 2026, and $445,301,303 as of December 31, 2024.
Common questions
Does NEWVEST MANAGEMENT, LP invest at the Series C+ stage?
Yes. NEWVEST MANAGEMENT, LP lists Series C+ and buyout among the stages it invests in.
Where does NEWVEST MANAGEMENT, LP invest?
NEWVEST MANAGEMENT, LP invests in global.