NXT Capital Investment Advisers provides portfolio management for pooled vehicles and portfolio management for institutions. The firm advises 16 private funds.
NXT Capital Investment Advisers reports 22 clients. They include 16 pooled investment vehicles, 3 insurance companies and 2 other investment advisers. Of its assets, 93.0% ($6.18B across 21 accounts) are managed with discretion; $463M across 1 account is not. Of its clients, 27% are outside the U.S.
| Client type | Clients | Assets |
|---|---|---|
| Pooled investment vehicles | 73% | 56% |
| Other investment advisers | 9% | 9% |
| Insurance companies | 14% | 15% |
| Other | 5% | 19% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Pooled investment vehicles | 16 | $3.75B | 56.4% | $234M |
| Other investment advisers | Fewer than 5 | $630M | 9.5% | $315M |
| Insurance companies | Fewer than 5 | $982M | 14.8% | $327M |
| Other | Fewer than 5 | $1.29B | 19.4% | $1.29B |
| Total | 22 | $6.65B | 100% | — |
- Clients
- 16
- Regulatory AUM
- $3.75B
- AUM share
- 56.4%
- Avg. per client
- $234M
- Clients
- Fewer than 5
- Regulatory AUM
- $630M
- AUM share
- 9.5%
- Avg. per client
- $315M
- Clients
- Fewer than 5
- Regulatory AUM
- $982M
- AUM share
- 14.8%
- Avg. per client
- $327M
- Clients
- Fewer than 5
- Regulatory AUM
- $1.29B
- AUM share
- 19.4%
- Avg. per client
- $1.29B
Total
- Clients
- 22
- Regulatory AUM
- $6.65B
- AUM share
- 100%
- Avg. per client
- —
- Clients outside the U.S.
- 27%
- Clients advised without assets under management last fiscal year
- 0
- Private funds advised
- 16
NXT Capital Investment Advisers is paid through a percentage of assets under management and performance-based fees; its fees and minimums are set out in its brochures on the SEC website.
NXT Capital Holdings, LLC owns 75% or more of NXT Capital Investment Advisers and is in turn owned by NXT Capital Intermediate Holdings, LLC (75% or more). The leadership team of NXT Capital Investment Advisers includes President Edward (Ted) Denniston and Chief Compliance Officer Brian Franc. It has 242 employees, 56 of them in advisory roles.
Leadership
- Edward (Ted) DennistonSenior Vice President
- Joseph LazewskiSenior Vice President
- Brian FrancChief Compliance Officer
Investment adviser representatives
4 representatives listed in the SEC register as of 9 October 2026.
- John Russell Bozalis JR
- Hunter N Foreman
- Lucas Michael Kowalewski
- Ronald Barry White III
Staff
- 242 employees
- 56 in advisory functions
- 19 broker-dealer reps
- 5 soliciting firms
- Owns 75% or more of NXT Capital Investment Advisers, LLC
NXT Capital Holdings, LLC
Control person · since August 2018
- Owns 75% or more of NXT Capital Holdings, LLC
NXT Capital Intermediate Holdings, LLC
Control person · since August 2018
- Owns 75% or more of NXT Capital Intermediate Holdings, LLC
NXT Capital Group, LLC
Control person · since August 2018
- Owns 75% or more of NXT Capital Group, LLC
Oam Holdings, LLC
Control person · since August 2018
- Owns 75% or more of Oam Holdings, LLC
Ocu Global Asset Management, LLC
Control person · since February 2019
- Owns 75% or more of Ocu Global Asset Management, LLC
Ocu Opco Holdings, LLC
Control person · since September 2015
- Owns 75% or more of Ocu Opco Holdings, LLC
Orix Capital Markets, LLC
Control person · since September 2015
- Owns 75% or more of Orix Capital Markets, LLC
Orix Corporation USA
Control person · since March 1997
- Owns 75% or more of Orix Corporation USA
Orix Corporation
Control person · since August 1981
NXT Capital Investment Advisers’ regulatory assets fell from $8.4B (June 2021) to $6.65B (August 2026); clients were 22 in both filings and employees rose from 106 to 242.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| August 2026 | $6.65B | 22 | 242 | 5 |
| July 2025 | $6.48B | 22 | 273 | 7 |
| June 2024 | $6.6B | 22 | 277 | 8 |
| June 2023 | $7.04B | 21 | 253 | 8 |
| June 2022 | $7.06B | 26 | 98 | 8 |
| June 2021 | $8.4B | 22 | 106 | 7 |
Besides its headquarters, NXT Capital Investment Advisers has 4 offices (1 private residence, listed without an address), with 4 listed addresses across 4 states.
Florida · 1 listed address
- 16007 Castle Park Terrace, Lakewood Ranch
Illinois · 1 listed address
- 191 North Wacker Drive, Suite 2650, ChicagoHQ
New York · 1 listed address
- 280 Park Ave., New York
Texas · 1 listed address
- 2001 Ross Ave., Dallas
Contact and registration details
- Legal name
- NXT Capital Investment Advisers, LLC
- Headquarters
- 191 North Wacker Drive, Suite 2650, Chicago, IL 60606-1615
- Website
- Not reported
- Phone
- 312-450-8000
- @nxt-capital
- SEC file
- 801-74046
- Structure
- Delaware LLC
- Fiscal year end
- March
NXT Capital Investment Advisers uses Computershare Trust Company, N.A. ($2.26B, 72%) and State Street Bank and Trust ($893M, 28%) as custodians for its separately managed accounts. NXT Capital Investment Advisers has custody of $2.55B in client assets for 8 clients.
- State Street Bank and TrustState Street Bank and Trust · Boston, MA · $893M28%
- Computershare Trust Company, N.A.Computershare Trust Company, N.A. · Canton, MA · $2.26B72%
What the accounts hold
- Other100%
- Middle-market corporate loans (approximately 1% in unlisted equity)100%
How many clients does NXT Capital Investment Advisers have?
NXT Capital Investment Advisers has 22 clients and manages $6.65 billion for them, as of August 2026. They include 16 pooled investment vehicles, 3 insurance companies and 2 other investment advisers.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 26 August 2026
What services does NXT Capital Investment Advisers offer?
NXT Capital Investment Advisers 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 NXT Capital Investment Advisers use?
NXT Capital Investment Advisers’ separately managed account assets are held at Computershare Trust Company, N.A. (Canton, MA), with $2.26B and State Street Bank and Trust (Boston, MA), with $893M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 26 August 2026
How many financial advisors does NXT Capital Investment Advisers have?
NXT Capital Investment Advisers has 0 investment adviser representatives registered with state securities authorities, out of 242 employees, and 56 perform investment advisory functions. 19 employees are registered representatives of a broker-dealer and 0 employees are 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 NXT Capital Investment Advisers invest in?
At the end of its last fiscal year, NXT Capital Investment Advisers’ separately managed accounts held 100% other. The 100% other category is described as: Middle-Market Corporate Loans (Approximately 1% in Unlisted Equity). It advises 16 private funds.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns NXT Capital Investment Advisers?
NXT Capital Investment Advisers is owned through a chain of holding companies by Orix Corporation. Its direct owner is NXT Capital Holdings, LLC (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 26 August 2026
How does NXT Capital Investment Advisers get paid?
NXT Capital Investment Advisers 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
How do I contact NXT Capital Investment Advisers?
NXT Capital Investment Advisers’ main office is at 191 North Wacker Drive, Suite 2650, Chicago, IL 60606-1615. Its phone number is 312-450-8000.