{"url":"https://nivawealth.com/firms/investure-130099","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/130099","regulatoryAum":38524231856,"crd":"130099","secFileNumber":"801-62689","legalName":"Investure, LLC","displayName":"Investure","website":"http://www.investure.com","linkedinUrl":"https://www.linkedin.com/company/investure","founded":null,"organization":"Delaware limited liability company","fiscalYearEnd":"December","headquarters":{"street":"240 W Main Street, Suite 500","city":"Charlottesville","state":"VA","stateName":"Virginia","country":"United States","postalCode":"22902"},"tradeNames":[],"registration":{"secApproved":"20 January 2004","noticeFilings":null,"latestNoticeFiling":null},"staff":{"employees":51,"advisory":13,"brokerDealerReps":0,"insuranceAgents":0,"promoters":0},"aum":{"discretionary":22052319582,"discretionaryAccounts":39,"nonDiscretionary":16471912274,"nonDiscretionaryAccounts":19,"wrapProgram":null,"nonUsClientsPct":3,"nonAumClients":0},"clientTypes":[{"label":"High-net-worth individuals","clients":null,"regulatoryAum":1389417974},{"label":"Pooled investment vehicles","clients":20,"regulatoryAum":19858370724},{"label":"Charitable organizations","clients":18,"regulatoryAum":17276443158}],"fees":[],"feeNotes":[],"custodians":[{"name":"The Northern Trust Company","shortName":"The Northern Trust","location":"Chicago, IL","smaAssets":1909071902}],"custodyNote":"Investure has custody of $23.83B for 21 clients.","otherCustodians":[],"leadership":[{"name":"Bruce Miller","title":"Managing Member/Chief Executive Officer","crd":"4917410"},{"name":"Andrew Varnes","title":"Member/Chief Financial Officer","crd":"6901091"},{"name":"Puja Seam","title":"Member/Chief Operating Officer","crd":"4242591"},{"name":"Alexander Swartz","title":"Member/Chief Compliance Officer/General Counsel","crd":"6772656"},{"name":"Vitali Bezouchko","title":"Member/Chief Data Officer","crd":"7861139"},{"name":"Jonathan Hill","title":"Member","crd":"4430031"},{"name":"Chad Morgan","title":"Member","crd":"3113607"},{"name":"George Nolde","title":"Member","crd":"8063744"},{"name":"Andriy Shapowal","title":"Member","crd":"6160699"}],"ownership":[{"label":"Chad Morgan","detail":"Member in the 10% to 25% ownership band and a control person, since January 2015."},{"label":"Bruce Miller","detail":"Managing member/chief executive officer in the 25% to 50% ownership band and a control person, since March 2004."},{"label":"Puja Seam","detail":"Member/chief operating officer in the 10% to 25% ownership band and a control person, since February 2012."},{"label":"Andriy Shapowal","detail":"Member in the 10% to 25% ownership band and a control person, since January 2013."},{"label":"Jonathan Hill","detail":"Member in the 10% to 25% ownership band and a control person, since January 2016."},{"label":"George Nolde","detail":"Member in the 5% to 10% ownership band and a control person, since January 2025."}],"branchOffices":null,"filedOffices":{"otherThanPrincipal":0,"privateResidences":0},"listedOfficeAddresses":1,"officesByState":[{"state":"Virginia","offices":1,"addresses":[{"street":"240 W Main Street, Suite 500","city":"Charlottesville","headquarters":true}]}],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"434-220-0280","stateRegisteredReps":1,"otherAdviserReps":0,"compensation":["A percentage of assets under management","Performance-based fees"],"activities":["Portfolio management for individuals and/or small businesses","Portfolio management for pooled investment vehicles (other than investment companies)","Portfolio management for businesses (other than small businesses) or institutional clients","Selection of other advisers (including private fund managers)"],"financialPlanningClients":"0","assetMix":[{"label":"U.S. government/agency bonds","percent":5},{"label":"Securities issued by registered investment companies or business development companies","percent":6},{"label":"Securities issued by pooled investment vehicles (other than registered investment companies)","percent":88}],"privateFunds":21},"sources":{"adv1FilingDate":"20 August 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/130099/PDF/130099.pdf","brochureDate":null,"brochureUrl":null,"iapdCompiledDate":null,"retrievedDate":"15 October 2026","retrievedOn":"2026-10-15","adv1Pages":{},"brochurePages":{}},"otherBusiness":[],"faq":[{"question":"How many clients does Investure have?","answer":"Investure has 38 clients and manages $38.5 billion for them, as of August 2026. They include 20 pooled investment vehicles and 18 charitable organizations.","source":"Form ADV Part 1A, Items 5.D and 5.F, filed 20 August 2026","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Investure offer?","answer":"Investure provides portfolio management for individuals and small businesses, portfolio management for pooled vehicles, portfolio management for institutions and selecting other managers.","source":"Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Which custodians does Investure use?","answer":"Investure’s separately managed account assets are held at The Northern Trust Company (Chicago, IL), with $1,909,071,902. Only custodians holding at least a tenth of those assets are named.","source":"Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 20 August 2026","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does Investure have?","answer":"Investure has 1 investment adviser representatives registered with state securities authorities, out of 51 employees, and 13 perform investment advisory functions. None are registered representatives of a broker-dealer or licensed insurance agents.","source":"Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What does Investure invest in?","answer":"At the end of its last fiscal year, Investure’s separately managed accounts held 88% pooled vehicles (private funds and similar), 6% registered funds (mutual funds, ETFs, BDCs) and 5% U.S. government and agency bonds. It advises 21 private funds.","source":"Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Who owns Investure?","answer":"Investure’s direct owners are Chad Morgan, Bruce Miller, Puja Seam, Andriy Shapowal, Jonathan Hill and George Nolde, each holding 50% or less.","source":"Form ADV Part 1A, Schedules A and B, filed 20 August 2026","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Investure get paid?","answer":"Investure is paid through a percentage of assets under management and performance-based fees. Its Form ADV lists no commissions among how it is paid.","source":"Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}}],"holdings":{"url":"https://nivawealth.com/firms/investure-130099/holdings","form":"13F-HR","periodOfReport":"2026-06-30","filedOn":"2026-08-11","filingIndexUrl":"https://www.sec.gov/Archives/edgar/data/1476993/000139834426014062/0001398344-26-014062-index.html","totalValue":1600323418,"positionCount":17,"top10Share":0.907736781615977,"top10":[{"issuer":"VANGUARD INDEX FDS","titleOfClass":"S&P 500 ETF SHS","cusip":"922908363","value":423875780,"shares":617166,"shareType":"SH","priorValue":924324998,"priorShares":1546858},{"issuer":"J P MORGAN EXCHANGE TRADED F","titleOfClass":"BETABULDRS JAPAN","cusip":"46641Q217","value":247566714,"shares":3287302,"shareType":"SH","priorValue":226527981,"priorShares":3287302},{"issuer":"VANGUARD INDEX FDS","titleOfClass":"TOTAL STK 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Facts as filed; not a rating, ranking, or recommendation. Niva Wealth is not affiliated with this firm. Disciplinary history is deliberately not included here or on the page; the SEC publishes the complete record at the `iapdUrl` above."}