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Ada Investment Management, LP (New York)


Ada Investment Management, LP is a large advisory firm based in New York. It manages $625.43 million of regulatory assets for 4 client accounts. It has been registered with the SEC as an adviser since 2015.

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Ada Investment Management provides portfolio management for pooled investment vehicles. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Ada Investment Management: assets under management

The assets under management (AUM) of Ada Investment Management, LP is $625.43 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 57% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.


The firm manages $625.43 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $156.36 million each.
Ada Investment Management has custody of $625.43 million in cash and securities for 4 clients in total but doesn’t act as a qualified custodian.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Ada Investment Management, LP for their services and products based on a percentage of assets under management and performance-based fees. The adviser charges an additional fee when a set benchmark is outperformed. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

Indirect Owners

The SEC currently registers 10 indirect owners.

Name Entity Date acquired Ownership Employer ID
Xl Insurance (Bermuda) Ltd. Parent 1 Nov 1987 75% - 100% 98-0665417
Exel Holdings Limited Parent 1 Jan 1990 75% - 100% foreign entity
Inc. X.L. America Parent 1 Jul 1998 75% - 100% 06-1516268
Xl Financial Holdings (Ireland) Limited Parent 1 Apr 2005 75% - 100% foreign entity
David Nmn Issroff Shareholder 1 Mar 2008 75% - 100% 6122521
Matthew Rhodes Kropf Managing member 1 Jul 2008 75% - 100% 6017669
Xlit Ltd. Parent 1 May 2010 75% - 100% 98-0191089
Xl Company Switzerland Gmbh Parent 1 Jun 2010 75% - 100% 98-0665417
Xl Company Switzerland Llc Parent 1 Jun 2010 75% - 100% 98-0665417
Xl Group Plc Parent 1 Jul 2010 75% - 100% 98-0665416

Based in New York

The principal office where Ada Investment Management, LP performs its advisory services is located at 250 W 55 Th Street, New York, NY 10019 7599, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 212-259-4400 or by fax 212-259-4496. The normal business hours are 9:00 am to 5:00 pm on Monday - Friday. You can find more information about the New York firm at adainvestments.com.


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