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NUMA
NUMA is an SEC-registered investment adviser in Miami, FL, registered since 2012. The firm manages $193 million in assets, with $117 million on a discretionary...
NUMA
NUMA is an SEC-registered investment adviser in Miami, FL, registered since 2012. The firm manages $193 million in assets, with $117 million on a discretionary basis. It has 10 employees and 1 investment adviser.
General information
Firm type
RIA
Year founded
2015
Location
Region
Europe
Country
Italy
City
Miami
Corporate office
Milan, Italy
Principals
Nicola Bulgari
Principal
Sector focus
Frequently asked questions
Who runs investment decisions at NUMA?
Nicola Bulgari, the former vice-chairman of the Bulgari luxury house, is the principal and ultimate decision-maker. He is supported by a compact internal team in Milan. The office does not publicly identify a separate CIO or managing director.
Which sectors does NUMA favor?
Luxury and high-end consumer brands form the core, reflecting the Bulgari legacy. The office also allocates meaningfully to prime real estate, private credit, venture capital, and special situations. Investments are concentrated in Italy and gateway European cities, with opportunistic exposure to North American and Asian assets.
Is NUMA open to co-investments or outside partners?
NUMA maintains a private network posture. It does not market for external co-investors, but it selectively co-invests alongside family offices and private investors who can contribute strategic value in luxury, design, or real estate. All primary relationships are managed by the principal.
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