Five Rivers Portfolio Managers Private Limited (5Rivers) is a Discretionary Portfolio Manager registered with the Securities & Exchange Board of India (SEBI).

The Company provides Portfolio Management Services essentially to High Networth Individuals and their investment companies. A large part of the investments managed by 5Rivers are on behalf of Non Resident Indians from various parts of the World.

5Rivers follows a highly differentiated Investment Strategy with significant shades of private equity in terms of long holding periods and focus on absolute return generation rather than market outperformance.

The business strategy of the Company is to focus on few UHNI and family office clients and implement a highly customized portfolio as per their requirements.

The company is founded by Mr. Pankaj Chopra, CFA who has been a fund manager for the past 20 years with reputed Indian Groups like HDFC and Reliance apart from a couple of US based firms. Mr. Chopra was last the Chief Executive Officer of Reliance Wealth Management where he helped set up the third party distribution operation as well as a highly focused equities portfolio business.

In his earlier roles, Mr. Chopra helped set up HDFC Mutual Fund and has acted as investment advisor to Abu Dhabi Investment Authority, Nikko Asset Management, Standard Life Investments, Invesco Asset Management and Batterymarch Financial Management, amongst others.

Mr. Chopra is a Charter holder from boththe CFA Institute, USA as well as the ICFAI, Hyderabad, a Masters in Finance and a Graduate in Agricultural Sciences.

Five Rivers has partnered with strong institutions to bring its clients the best in class service and security of their portfolios.

Under a Custodial Agreement, Five Rivers has tied up with Axis Bank Limited to provide custody services for assets on a client wise basis. Under this arrangement, each client opens a bank and a depository account with Axis Bank in his/her own name and the bank operates the account under instructions from Five Rivers, as per the Custodial Agreement.

Under a Portfolio Accounting Agreement, Five Rivers has outsourced the accounting for trades and valuation of portfolios of clients to IL&FS Securities Services Limited (ISSL). Apart from reporting to Five Rivers, ISSL generates and sends the portfolio and performance details to each client, every weekend.

As mandated by SEBI, Five Rivers will provide every active client with an audited report of their account, as at the end of each financial year. For this exercise, Five Rivers has tied up with Deloitte Haskins and Sells who will look into the accounting practices and transactions carried out on behalf of clients and prepare client wise audited reports at the end of each financial year.