Brevet Capital Management, LLC (New York)

Name: Brevet Capital Management, LLC
Address: 230 Park Avenue, New York, NY, 10169
Telephone: 212-313-5100

Brevet Capital Management, LLC is a large advisory firm based in New York. It manages $1.51 billion of regulatory assets for 12 client accounts. It has been registered with the SEC as an adviser since 2012 and has operated in the jurisdiction of New York.

Brevet Capital Management 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.

Brevet Capital Management: assets under management

The assets under management (AUM) of Brevet Capital Management, LLC is $1.51 billion. The firm's AUM has grown by 734% since the beginning of its operation, and $525.94 million of the total AUM is attributable to clients outside of the United States.

The firm manages $1.02 billion in discretionary accounts and $496.23 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $169.54 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $82.7 million.

Brevet Capital Management has custody of $296.45 million in cash and securities for 8 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 Brevet Capital Management, 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 Mark Jonathan Callahan serves?

The only and largest group of clients of Mark Jonathan Callahan is pooled investment vehicles with 11 clients and $1.48 billion of assets under management. Among the 7 most similar advisory firms, Brevet Capital Management has the 4th highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $1.48 billion for 11 clients. 67% of the firm’s clients are foreign persons or businesses.

Brevet Capital Management also advises several private funds. Namely, two hedge funds and two private equity funds. The minimum investment commitment required of non-related persons ranges from $1,000,000 to $5,000,000.

Careers at Brevet Capital Management, LLC

The company employs 41 people that are either part- or full-time employees. 54 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.

There are 10 people 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.

Mark Jonathan Callahan has been acting as President since 1 Sep 2006. Douglas Anthony Monticciolo has served as the Chief Investment Officer since 1 Sep 2006. Vikram Sodhi joined the executive team most recently as the Chief Financial Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Mark Jonathan Callahan	President	1 Sep 2006	Other	2804623
Douglas Anthony Monticciolo	Chief investment officer	1 Sep 2006	Other	1819692
Paul Joseph Iacovacci	Managing director	1 Sep 2006	Other	1354228
Stephen Paul Ewald	Chief compliance officer	1 May 2011	Other	5339707
Llc Brevet Holdings	Member	1 Dec 2011	75% - 100%	45-4419416
Gareth John Lea	Chief compliance officer	1 Jun 2012	Other	6087540
Karina Dinershteyn	Chief financial officer	1 Jun 2012	Other	4949600
Gareth John Lea	Chief compliance officer	1 Jan 2016	Other	6087540
Mei Li Da Silva Vint	Chief compliance officer	1 Oct 2016	Other	6042401
Vikram Sodhi	Chief financial officer	1 Jun 2018	Other	6977090

Indirect Owners

The SEC currently registers 1 indirect owner.

Name	Entity	Date acquired	Ownership	Employer ID
Douglas Anthony Monticciolo	Member	1 Dec 2011	75% - 100%	1819692

Based in New York

The principal office where Brevet Capital Management, LLC performs its advisory services is located at 230 Park Avenue, New York, NY 10169, 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 212-313-5100 or by fax 212-898-0485. The normal business hours are 9 am - 5 pm on Monday - Friday. You can find more information about the New York firm at brevetcapital.com.