Weiss Multi-Strategy Advisers LLC

Weiss Multi-Strategy Advisers LLC is an investment management firm based out of New York City, New York. The company was originally established in 2005 by George A. Weiss, who is still with the company today acting as its CEO and Chairman, and has grown from its inception to now operate with additional locations in Hartford, Connecticut and Miami, Florida. Weiss Multi-Strategy Advisers conducts its research externally and utilizes internal research to supplement its out of house operations. The company utilizes a fundamental methodology, investing a variety of sectors on a global scale with a bottom up investment approach. Weiss Multi-Strategy Advisers invests most heavily in the real estate, finance, and consumer discretionary sectors, each of which makes up over a fifth of the firm’s total asset allocations, and also invests in the health care and information technology sectors, among other sectors to a lesser degree, in order of decreasing allocation. The company holds its allocations an average of 4.3 quarters, although it only holds its top 10 holdings an average of 1.2 quarters. In the most recent quarter, Weiss Multi-Strategy Advisers had a turnover rate of 69.13%. Weiss Multi-Strategy Advisers now operates with 109 total employees of which 56 are investment professionals. The company oversees over $6.5 billion in total assets under management spread across 14 total accounts, all of which are discretionary accounts. Although Weiss Multi-Strategy Adviser’s total number of accounts has been somewhat volatile in recent years, its total assets under management has been growing despite slight volatility, increasing significantly from under $2 billion back in 2010 to well over three times that amount today. The company mainly caters to pooled investment vehicles, which alone makes up two thirds of its client base both in terms of accounts and attributed assets. Weiss Multi-Strategy Advisers currently offers its Alternative Balanced Risk mutual fund.