Overview
Firm Description
Veta Investment Partners, LLC (“Veta”, “we” or “us”) is registered with the U.S. Securities and
Exchange Commission (“SEC”), and was organized in 2019 as a Delaware limited liability
company with its principal office and place of business at 3705 Clinton Parkway, Suite 103B,
Lawrence, KS 66047. Veta is principally owned by Veta Holdings, LLC and VIG LLC.
Types of Advisory Services
Veta offers investment advisory services primarily to institutional clients (each, a “Client”). Veta
may in the future provide advisory services to other types of clients, including pooled investment
vehicles managed by a third-party manager and portfolio management for investment companies.
Veta offers hedging and asset allocation advisory services to Clients. These services include
model portfolio solutions, performing option pricing calculations on assets or liabilities, placing
hedging trades with brokers as agent for our Clients, and providing other operational support for
the adjustment of hedge positions.
We tailor our services to the specific needs of our Clients, which are outlined in an investment
policy statement and the investment services agreement, the terms of which are negotiated with
each Client. Clients may impose restrictions on the specific securities or hedge assets, or types of
securities or hedge assets in which we invest.
For certain Clients, we provide risk management services in the form of a hedge overlay; although
our risk management services
are applied to the entire portfolio, Veta only has discretionary
authority over the hedge overlay portion of the portfolio. For other Clients, we manage the
underlying investments as well, and as such have discretionary authority over the entire portfolio
including the hedge overlay.
In addition to the advisory services discussed above, Veta offers the following services:
• Derivatives and Risk Management consulting – we will work with the Client to develop
and manage a risk management program.
• Index development – we work with index providers, such as S&P Dow Jones Indices LLC,
to develop customized indices for our Clients.
• Software development – we develop custom software solutions for our Clients, designed
to assist with their valuation and operational needs.
• Outsourced Chief Investment Officer (“OCIO”) – we work with advisors to develop and
refine their investment portfolios and processes, along with other investment services,
such as economic research, asset class analysis and stock analysis.
• Structured Product Solutions – we work with wealth platforms and advisors to manage
portfolios of structured products.
• Fees for the above five business lines are either hourly, fixed (usually monthly in arrears)
or based on a percentage of assets and described in more detail in Item 5 of this Brochure.
Assets under Management
As of December 31, 2023, Veta manages $3,149,823,730 in assets on a discretionary basis.