Terranum Capital LLC (New York)

Name: Terranum Capital LLC
Address: 1251 Avenue Of The Americas, New York, NY, 10020
Telephone: 347-289-3262

Terranum Capital LLC is a large advisory firm based in New York. It manages $567.8 million of regulatory assets for 9 client accounts. It has been registered with the SEC as an adviser since 2014 and has operated in the jurisdiction of New York.

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

Terranum Capital: assets under management

The assets under management (AUM) of Terranum Capital LLC is $567.8 million. $567.8 million of the total AUM is attributable to clients outside of the United States.

Terranum Capital has custody of $18.35 million in cash and securities for 9 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in other assets the most. They account for 100% of the total AUM.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Terranum 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 Terranum Capital serves?

The firm provides services to pooled investment vehicles and sovereign wealth funds and foreign official institutions. The largest group of clients of Terranum Capital is pooled investment vehicles with 6 clients and $505.67 million of assets under management. Among the 8 most similar advisory firms, Terranum Capital has the 4th highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $536.8 million for 7 clients. 100% of the firm’s clients are foreign persons or businesses.

Terranum Capital also advises several private funds. Namely, seven real estate funds. The minimum investment commitment required of non-related persons ranges from $250,000 to $5,000,000.

Careers at Terranum Capital LLC

The company employs 27 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
Sgd Advisors Llc	Managing member	1 Dec 2011	75% - 100%	45-4055064
Daniel (Nmn) Grunberg	Managing member	1 Jan 2012	25% - 50%	6060091
Gregorio (Nmn) Schneider	Managing member	1 Jan 2012	50% - 75%	6060093
Ahamed Hassanali Saleemah	Chief compliance officer	1 Oct 2014	Other	5819935
Saleemah Hassanali Ahamed	Chief compliance officer	1 Oct 2014	Other	5819935
Luis Alberto Santana	Chief financial officer	1 Jan 2015	Other	6933149
Francisco Covarrubias	Member	1 Jan 2016	Other	6932825

Indirect Owners

The SEC currently registers 2 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Gregorio (Nmn) Schneider	Managing member	1 Dec 2011	50% - 75%	6060093
Daniel (Nmn) Grunberg	Managing member	1 Dec 2011	25% - 50%	6060091

Based in New York

The principal office where Terranum Capital LLC performs its advisory services is located at 1251 Avenue Of The Americas, New York, NY 10020, 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 347-289-3262 or by fax 646-514-5433. The normal business hours are 8:30am-6:00pm on Monday - Friday. You can find more information about the New York firm at terranumcap.com.