Net Return Asset Management

Asset Manager SEC-registered adviser

Legal name: Net Return Asset Management LLC

New York, NY

AUM

$803.3M
Regulatory AUM

Private funds

3
Hedge Fund 3

Private fund assets

$309.8M
Gross asset value

Employees

3

Last Form D raise

May 2026
Most recent fund filing

From SEC Form ADV filing (filed Mar 24, 2026). View on SEC

People(2)

Owners and executive officers named on the firm's SEC Form ADV.

N
Neil Crespi
Managing Member
Source: SEC Form ADV
S
Steven Yanis
Managing Member
Source: SEC Form ADV

Funds(3)

Private funds reported on Form ADV, with amounts raised from the funds' SEC Form D filings.

FundTypeGross assetsRaised (Form D)InvestorsLast Form DRecency
Nrma Offshore Fund, LTD.Hedge Fund$493.5M$232.1M33May 2026Hot
Net Return Fund, LTD.Hedge Fund$210.0M$189.3M125Jan 2026Warm
Net Return Fund, LPHedge Fund$99.8M$232.4M180Jan 2026Warm

Board seats

Companies whose SEC Form D filings name one of this firm's people as a director, matched by name and office ZIP code.

No board seats matched from SEC filings yet.

Regulatory identifiers

CRD number
159895
SEC file number
801-74017

Sources