One68 Global Capital, LLC (New York)

One68 Global Capital, LLC is a large advisory firm based in New York. It manages $103.77 million of regulatory assets for 4 client accounts. It has been registered with the SEC as an adviser since 2016.

One68 Global Capital provides portfolio management for pooled investment vehicles and portfolio management for businesses and institutional clients. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

One68 Global Capital: assets under management

The assets under management (AUM) of One68 Global Capital, LLC is $103.77 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 765% since the beginning of its operation, and $8.77 million of the total AUM is attributable to clients outside of the United States.

The firm manages $103.77 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $25.94 million each.

Investments

The firm invests in exchange traded securities the most. They account for 99% of the total AUM. The second-largest asset type is derivatives, which make up 1% of the firm’s portfolio.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay One68 Global Capital, LLC for their services and products based on a percentage of assets under management and performance-based fees. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients One68 Global Capital serves?

The only and largest group of clients of One68 Global Capital is pooled investment vehicles with 2 clients and $18.77 million of assets under management. Among the 11 most similar advisory firms, One68 Global Capital has the 2nd highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $18.77 million for 2 clients. 25% of the firm’s clients are foreign persons or businesses.

One68 Global Capital also advises several private funds. Namely, one hedge fund. The minimum investment commitment required of non-related persons is $1,000,000 for each fund.

Careers at One68 Global Capital, LLC

The company employs 5 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.

There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
David Hai Nguyen	Managing member; chief executive officer	1 Feb 2013	Other	2384415
Nguyen 2013 Family Trust	Member	1 Jul 2013	75% - 100%	35-7033276
Nancy J Oh	Member; chief compliance officer	1 May 2016	Other	3201552

Indirect Owners

The SEC currently registers 1 indirect owner.

Name	Entity	Date acquired	Ownership	Employer ID
David Hai Nguyen	Trustee	1 Jul 2013	Other	2384415

Based in New York

The principal office where One68 Global Capital, LLC performs its advisory services is located at 90 Park Ave, 5 Th Floor, New York, NY 10016, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 212-331-6738. The normal business hours are 9:00 am - 5:00 pm on Monday - Friday.