New Vernon Capital Ii 13F annual report
By Mia Tucker
New Vernon Capital Ii is an investment fund managing more than $186 billion ran by Jeffrey Edwards. There are currently 71 companies in Mr. Edwards’s portfolio. The largest investments include Icici Bank Limited and HDFC Bank, together worth $44 billion.
Limited to 30 biggest holdings
$186 billion Assets Under Management (AUM)
As of 7th February 2024, New Vernon Capital Ii’s top holding is 925,998 shares of Icici Bank Limited currently worth over $22.1 billion and making up 11.8% of the portfolio value.In addition, the fund holds 326,672 shares of HDFC Bank worth $21.9 billion, whose value fell 19.6% in the past six months. The third-largest holding is Wisdomtree Tr worth $21.3 billion and the next is Ishares Tr worth $16.7 billion, with 65,888 shares owned.
Currently, New Vernon Capital Ii's portfolio is worth at least $186 billion. The total portfolio value may be much higher due to cash assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents.
Careers at New Vernon Capital Ii
The New Vernon Capital Ii office and employees reside in Morristown, New Jersey. According to the last 13-F report filed with the SEC, Jeffrey Edwards serves as the Member at New Vernon Capital Ii.
