Virgo Investment Group LLC (Burlingame)

Name: Virgo Investment Group LLC
Address: 1201 Howard Avenue, Burlingame, CA, 94010
Telephone: 650-486-1953

Virgo Investment Group LLC is a large advisory firm based in Burlingame. It manages $1.03 billion of regulatory assets for 14 client accounts. It has been registered with the SEC as an adviser since 2012 and has operated in the jurisdiction of California.

Virgo Investment Group 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.

Virgo Investment Group: assets under management

The assets under management (AUM) of Virgo Investment Group LLC is $1.03 billion. The firm's AUM has grown by 176% since the beginning of its operation, and $318.22 million of the total AUM is attributable to clients outside of the United States.

The firm manages $855.37 million in discretionary accounts and $175.14 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $142.56 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $21.89 million.

Virgo Investment Group has custody of $1.03 billion in cash and securities for 14 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in pooled investment vehicles the most. They account for 100% of the total AUM.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Virgo Investment Group LLC for their services and products based on a percentage of assets under management and performance-based fees. The adviser charges an additional fee when a set benchmark is outperformed. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Virgo Investment Group serves?

The only and largest group of clients of Virgo Investment Group is pooled investment vehicles with 13 clients and $981.26 million of assets under management. Among the 12 most similar advisory firms, Virgo Investment Group has the 4th highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $981.26 million for 13 clients. 31% of the firm’s clients are foreign persons or businesses.

Virgo Investment Group also advises several private funds. Namely, seven private equity funds. The minimum investment commitment required of non-related persons ranges from $2,000,000 to $5,000,000.

Careers at Virgo Investment Group LLC

The company employs 18 people that are either part- or full-time employees. 39 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.

Jesse Colin Watson has served as the Chief Investment Officer since 1 May 2009. Gary Lewis Krauthamer joined the executive team most recently as the Partner.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Jesse Colin Watson	Chief investment officer	1 May 2009	Other	4228836
Capricorn Investment Group Llc	Member	1 May 2009	Other	147417
Barry Jay Uphoff	Co-founder/senior advisor	1 May 2009	Other	5574866
Mark Randolph Arroyo Perez	Head of research	1 Jul 2009	Other	5174720
Robert Owen Racusin	Chief compliance officer / head of operations	1 Sep 2009	Other	3078930
Meigetsu Llc	Member	1 Sep 2009	50% - 75%	27-1036903
Morris Luther Mcnair	Partner / co-head of sourcing	1 Feb 2010	Other	6179663
Morris Mcnair	Partner / co-head of sourcing	1 Feb 2010	Other	6179663
Christopher Macdonald	Partner / co-head of sourcing	1 Apr 2011	Other	6179665
Gary Lewis Krauthamer	Partner	1 Apr 2013	Other	6776780
Todd Andrew Dorfman	Partner	1 Apr 2013	Other	6776792

Indirect Owners

The SEC currently registers 4 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Jeffrey Stuart Skoll	Settlor and trustee	1 Aug 1999	75% - 100%	5582101
Pine Llc	Member	1 Apr 2007	50% - 75%	26-2331707
Jeffrey S. Skoll Revocable Trust	Sole member	1 Sep 2007	75% - 100%	xxx-xx-xxxx
Jesse Colin Watson	Sole member	1 Sep 2009	75% - 100%	4228836

Based in Burlingame

The principal office where Virgo Investment Group LLC performs its advisory services is located at 1201 Howard Avenue, Burlingame, CA 94010, which is also the mailing address of the firm. An additional office of the firm is in Summit, NJ. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 650-486-1953 or by fax 650-461-9117. The normal business hours are 9am - 6pm on Monday - Friday. You can find more information about the New York firm at virgo-llc.com/ and its LinkedIn profile.