Shah Capital Management grew 23% from $442.8M to $545.9M.
Shah Capital Management, an investment advisory firm based in Raleigh, North Carolina, offers services through a private limited partnership and a separately managed wrap fee program, which is currently closed to new clients. Recent key changes were disclosed in the firm's latest form ADV filing.
The firm's total Assets Under Management (AUM) grew 23.27%, rising from $442.8 million in March 2022 to $545.9 million in April 2023. Even though the employee count reduced slightly from 6 to 5, there was a minor increase in the total number of accounts, rising from 93 to 94 over the past year.