NET RETURN ASSET MANAGEMENT LLC

B63
CRD 159895·SEC 801-74017·NEW YORK, NY
AUM
$803.3M
$500M-$1B
Est. Revenue
$8.0M
@ 1% on AUM
Est. EBITDA
$2.4M
@ 30% margin
Est. Deal Value
$19.3M
@ 8× EBITDA

Identity

Registrations & legal identity

Legal name
NET RETURN ASSET MANAGEMENT LLC
CRD
159895
SEC file #
801-74017
EIN
000000000
DBA names

Economics

AUM
$803.3M
AUM band
$500M-$1B
AUM trajectory
'20'26
$542.2M → $803.3M▲ +48%
Client mix
Pooled Investment Vehicles3

Operations

Employees (total)
3
Advisory staff (per ADV)
1
Advisory staff (5-yr trend)
'20'26
2 advisors → 1 advisors▼ -50%
Primary office
NEW YORK NY
Branches

Custodian & Brokerage

Primary custodian
Morgan Stanleylow confidence
Services offered
Portfolio mgmt — pooled vehicles
Fee basis
% of AUMPerformance-based fees

Filings

Latest ADV filing
03/24/2026
ADV-W filed at
Website

Compliance

Disclosures (firm)
0
Trademark
Additional signalsExpand ▾

Ownership & succession ★

Who controls the firm + pre-computed succession flags

Top Owner Name
CRESPI, NEIL, STEVEN
Top Owner Pct
62.5
Top Owner Entity Kind
I
Owner Count
3
Control Persons
CRESPI, NEIL, STEVEN
YANIS, STEVEN, ROBERT
Solo Advisor Indicator
Yes
Succession Risk Solo Owner
No
Is Parent Owned Subsidiary
No

Availability / M&A ★

Already-acquired = skip; deal comps

Adv W Filed
No

Retirement-plan book (Form 5500) ★

401(k)/plan business — cross-sell value

Retirement Plan Book
No

SEC EDGAR

Edgar Cik
0001381619
Edgar Registered
Yes
Edgar Filing Count
19
Edgar First Filing Date
2006-11-08
Edgar Last Filing Date
2026-01-08
Edgar Form D Count
18
Edgar Form D Offerings
2026-01-082026-01-08 · 0000919574-26-000117
2025-01-082025-01-08 · 0000919574-25-000159
Edgar Former Names
Net Return Fund Ltd

Compliance & brand

Firm Registration Status
active

All other collected signals (12)

Everything else we've pulled for this record, not yet curated into a section.

Adv W Recently Filed
No
Bc Firm Active Bc Count
0
Bc Firm Active IA Count
0
Bc Firm IAR Count
0
Custodian Candidates
Full
Morgan Stanley6
E*trade4
Edgar Addresses
Mailing
767 THIRD AVENUE16TH FLOORNEW YORK, NY 10017
Business
ELIAN FIDUCIARY SERVICES (CAYMAN) LTD.89 NEXUS WAYCAMANA BAY, GRAND CAYMAN, E9, KY1-9007
Edgar EIN
000000000
Edgar Recent Filings
D/A2026-01-08 · 0000919574-26-000117
D/A2025-01-08 · 0000919574-25-000159
Firm Has Custody
Yes
Mailing Office Differs
No
Top Owner CRD
857348
Trust Company Affiliate
Yes