Crcm L.P. (San Francisco)

Name: Crcm L.P.
Address: 475 Sansome Street, San Francisco, CA, 94111
Telephone: 4155785700

Crcm L.P. is a large advisory firm based in San Francisco. It manages $323.89 million of regulatory assets for 8 client accounts. It has been registered with the SEC as an adviser since 2012 and has operated in the jurisdiction of California.

Crcm 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.

Crcm: assets under management

The assets under management (AUM) of Crcm L.P. is $323.89 million. The firm's AUM has grown by 28% since the beginning of its operation, and $236.91 million of the total AUM is attributable to clients outside of the United States.

The firm manages $323.84 million in discretionary accounts and $45.17 thousand in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $46.26 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $45.17 thousand.

Crcm has custody of $323.84 million in cash and securities for 7 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in non-exchange traded securities the most. They account for 100% of the total AUM.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Crcm L.P. for their services and products based on a percentage of assets under management. 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 Crcm serves?

The firm provides services to other investment advisers and pooled investment vehicles. The largest group of clients of Crcm is pooled investment vehicles with 7 clients and $323.84 million of assets under management. Among the 12 most similar advisory firms, Crcm has the highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $323.89 million for 8 clients. 75% of the firm’s clients are foreign persons or businesses.

Crcm also advises several private funds. Namely, two hedge funds and three private equity funds. The minimum investment commitment required of non-related persons is $1,000,000 for each fund.

Careers at Crcm L.P.

The company employs 18 people that are either part- or full-time employees. 44 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 compensates employees in addition to the salary for bringing in new clients. Employees receive compensation from other entities for client referrals.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Chun R Ding	Limited partner	1 Nov 2007	75% - 100%	4702452
Crcm Llc	General partner	1 Nov 2007	Other	42-1746918
Kwok Cheung Kelvin Koo	Chief compliance officer	1 Nov 2007	Other	6028253

Based in San Francisco

The principal office where Crcm L.P. performs its advisory services is located at 475 Sansome Street, San Francisco, CA 94111, 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 4155785700 or by fax 4154771353. The normal business hours are 9:00 a.m. - 5:00 p.m. on Monday - Friday. You can find more information about the New York firm at crcm.com.