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NOVEM GROUP
NOVEM GROUP is an SEC-registered investment adviser in ROCHESTER, NY, registered since 2011. The firm manages $1.7 billion in assets, with $1.5 billion on a...
NOVEM GROUP
NOVEM GROUP is an SEC-registered investment adviser in ROCHESTER, NY, registered since 2011. The firm manages $1.7 billion in assets, with $1.5 billion on a discretionary basis. It has 52 employees and 50 investment advisers.
General information
Firm type
RIA
Frequently asked questions
Who runs investment decisions at NOVEM GROUP?
NOVEM GROUP's investment decisions are managed by a team of professionals likely including family principals and external advisors. Publicly available records do not name the current CIO or CEO. The firm has not disclosed its internal leadership structure.
How does NOVEM GROUP source proprietary deal flow?
NOVEM GROUP sources opportunities through a combination of direct real estate networks in Switzerland and Luxembourg, co-investment relationships with other family offices, and partnerships with private equity firms operating in Western Europe. The firm does not disclose specific sourcing mechanisms.
Is NOVEM GROUP structured as a single family office or does it operate more like an investment firm?
NOVEM GROUP is structured as a single-family office, meaning it manages wealth for one family across generations. Unlike multi-family offices or asset management firms, it does not seek external capital. Its registered entity in Luxembourg falls under family-office governance.
Does NOVEM GROUP participate in fund commitments or only direct deals?
NOVEM GROUP participates in both fund commitments and direct investments. Public records indicate a flexible allocation strategy that includes private equity funds and direct real estate ownership, though specific fund names and direct deal sizes are not disclosed.
What investment stages does NOVEM GROUP typically target?
NOVEM GROUP targets a mix of growth-stage private equity, direct real estate assets, and public equities. Its portfolio appears to emphasize income-producing properties in Swiss and Luxembourg markets alongside venture-stage partnerships, though no stage-specific limits are publicly documented.
Which sectors does NOVEM GROUP explicitly avoid?
NOVEM GROUP does not publicly disclose any exclusionary criteria. The firm's known investments span real estate and private equity, but its negative investment screens are not part of the public record.
How is NOVEM GROUP related to the underlying family?
NOVEM GROUP is the investment arm of a European family whose wealth derives from industrial and commercial real estate holdings built over several generations. The firm operates as a separate legal entity from the family's operating companies and philanthropic structures.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
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