NewMile Capital provides portfolio management for pooled vehicles and portfolio management for institutions.
NewMile Capital reports 10 clients. They include 9 pooled investment vehicles and 1 state or municipal government entity. Of its assets, 0.0% ($0 across 0 accounts) are managed with discretion; $294M across 10 accounts are not. Of its clients, 30% are outside the U.S.
| Client type | Clients | Assets |
|---|---|---|
| Pooled investment vehicles | 90% | 72% |
| State or municipal government entities | 10% | 28% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Pooled investment vehicles | 9 | $210M | 71.6% | $23.4M |
| State or municipal government entities | 1 | $83.3M | 28.4% | $83.3M |
| Total | 10 | $294M | 100% | $29.4M |
- Clients
- 9
- Regulatory AUM
- $210M
- AUM share
- 71.6%
- Avg. per client
- $23.4M
- Clients
- 1
- Regulatory AUM
- $83.3M
- AUM share
- 28.4%
- Avg. per client
- $83.3M
Total
- Clients
- 10
- Regulatory AUM
- $294M
- AUM share
- 100%
- Avg. per client
- $29.4M
- Clients outside the U.S.
- 30%
- Clients advised without assets under management last fiscal year
- 0
- Private funds advised
- 0
NewMile Capital is paid through a percentage of assets under management, fixed fees (other than subscription fees) and performance-based fees; its fees and minimums are set out in its brochures on the SEC website.
John Nelligan owns 25% to 50% of NewMile Capital. The leadership team of NewMile Capital includes Chief Compliance Officer Eric Bail. It has 5 employees.
Leadership
- Eric BailManaging Member and Chief Compliance Officer
- John NelliganManaging Member
- Alain TotoManaging Member
Staff
- 5 employees
- 5 in advisory functions
- Owns 25% to 50% of Newmile Capital LLC
John Nelligan
Control person · since November 2024
- Owns 25% to 50% of Newmile Capital LLC
Alain Toto
Control person · since November 2024
- Owns 25% to 50% of Newmile Capital LLC
Eric Bail
Control person · since November 2024
NewMile Capital’s regulatory assets grew from $199M (May 2025) to $294M (June 2026); clients were 10 in both filings and employees were 5 in both filings.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| June 2026 | $294M | 10 | 5 | 1 |
| May 2025 | $199M | 10 | 5 | 1 |
Besides its headquarters, NewMile Capital has 0 offices, with 1 listed address with no US state reported.
Contact and registration details
- Legal name
- Newmile Capital LLC
- Headquarters
- Not reported
- Website
- newmilecapital.com
- Phone
- 703-307-5527
- @newmile-capital-llc
- SEC file
- 801-131794
- Structure
- Delaware LLC
- Fiscal year end
- December
NewMile Capital uses U.S. Bank Global Fund Services (Cayman) Limited ($60.8M, 73%) and SEI Global Services ($22.5M, 27%) as custodians for its separately managed accounts. NewMile Capital does not have custody of client assets.
- SEI Global ServicesSEI Global Services, Inc. · Oaks, PA · $22.5M27%
- U.S. Bank Global Fund Services (Cayman) LimitedU.S. Bank Global Fund Services (Cayman) Limited · Grand Cayman · $60.8M73%
At year end, NewMile Capital’s separately managed accounts were mostly in stocks (100%).
What the accounts hold
- Stocks100%
How many clients does NewMile Capital have?
NewMile Capital has 10 clients and manages $294 million for them, as of June 2026. They include 9 pooled investment vehicles and 1 state or municipal government entity.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 12 June 2026
What services does NewMile Capital offer?
NewMile Capital provides portfolio management for pooled vehicles and portfolio management for institutions.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
Which custodians does NewMile Capital use?
NewMile Capital’s separately managed account assets are held at U.S. Bank Global Fund Services (Cayman) Limited (Grand Cayman), with $60.8M and SEI Global Services, Inc. (Oaks, PA), with $22.5M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 12 June 2026
How many financial advisors does NewMile Capital have?
NewMile Capital has 0 investment adviser representatives registered with state securities authorities, out of 5 employees, and 5 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
What does NewMile Capital invest in?
At the end of its last fiscal year, NewMile Capital’s separately managed accounts held 100% non-exchange-traded equities.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns NewMile Capital?
NewMile Capital’s direct owners are John Nelligan, Alain Toto and Eric Bail, each holding 50% or less.
Source: Form ADV Part 1A, Schedules A and B, filed 12 June 2026
How does NewMile Capital get paid?
NewMile Capital is paid through a percentage of assets under management, fixed fees 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
Is NewMile Capital registered with the SEC?
Yes, NewMile Capital has been registered with the SEC as an investment adviser since 10 January 2025. Its CRD number is 333726 and its SEC file number is 801-131794.
Source: Form ADV Part 1A, Item 1, filed 12 June 2026; IAPD firm record
How do I contact NewMile Capital?
Its phone number is 703-307-5527. Its website is newmilecapital.com.