Neumann Advisory Hong Kong Limited
- Regulatory AUM
- $623M
- Discretionary
- $623M
- Clients
- 2
- Avg AUM / client
- $311M
- Accounts
- 2
- Employees
- 5
AUM over time
Reported AUM from Form ADV filings, plotted by filing date · as of Feb 23, 2026
Who they serve
| Client type | Clients | AUM | % of AUM |
|---|---|---|---|
| Pooled investment vehicles (non-investment companies) | 2 | $623M | 100.0% |
Private funds (2)
Reported in Form ADV Section 7.B.(1), filing of Mar 2024 · $452M combined gross assets
| Fund | Type | Domicile | Gross assets | Owners |
|---|---|---|---|---|
| Neumann Capital master | Hedge Fund | Cayman Islands | $394M | 44 |
| Cassini Partners, L.P. Neumann Advisory Hong Kong Limited Series | Hedge Fund | Delaware | $58.5M | 2 |
People (3)
| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| Zhang Fei, Fisher | Shareholder | Oct 2015 (11y) | 75% or more of Neumann Group Ltd. (indirect) | |
| Leung, Yee Ting | Executive Director | Apr 2021 (5y) | Less than 5% | |
| Sun, Jie | Executive Director And Chief Compliance Officer | Mar 2022 (4y) | Less than 5% |
Entity owners (Schedule A/B)
| Entity | Title / status | Since | Sch. | Ownership |
|---|---|---|---|---|
| Neumann Advisors | Sole Shareholder | Oct 2015 | A | 75% or more |
| Neumann Group Limited | Shareholder | Oct 2015 | B | ≈ 56.25% – 100% via Neumann Advisors |
Undisclosed: 0% – 25% of the firm is not attributable from the filed Schedule A bands.
Estimated effective ownership (look-through of filed bands):
- Neumann Group Limited: 75% – 100% of Neumann Advisors × 75% – 100% direct ≈ 56.25% – 100% of the firm
Roster from the IAPD representatives feed; ownership and acquisition dates from Form ADV Schedule A/B. "Since" is the earliest filed registration or acquisition date.
Private funds (2, $452M gross assets)
| Fund | Type | Gross assets | Min. investment | Owners |
|---|---|---|---|---|
| Neumann Capital | Hedge Fund | $394M | $1.0M | 44 |
| Cassini Partners, L.P. Neumann Advisory Hong Kong Limited Series | Hedge Fund | $58.5M | $1.0K | 2 |
From Form ADV Section 7.B private fund reporting.
Documents (1 archived)
| Form | Period | Size | |
|---|---|---|---|
| Form ADV (full filing) | 02/23/2026 | 1.44 MB | View · PDF · Source ↗ |
Archived copies of the firm's regulatory filings, versioned by content hash.
Disciplinary disclosures
No disciplinary events reported on the firm's latest Form ADV filing.
How they charge
- • Percentage of assets under management
- • Performance-based fees
Services
- • Portfolio management for pooled investment vehicles
Custody
Reported custodians
- Morgan Stanley $84.4M (12% of AUM) Mar 2021
- J.P. Morgan $54.0M (8% of AUM) Mar 2021
Amounts as reported in ADV Item 5.K.(3) (custodians holding 10%+ of SMA assets).
Firm reports it does not have custody of client funds or securities (Item 9.A).
Source
All data on this page comes from this firm's Form ADV filings, reproduced without modification. Latest filing: Feb 23, 2026.
View current Form ADV (SEC/IAPD) ↗