Nile Capital Management LLC (Princeton)

Name: Nile Capital Management LLC
Address: 116 Village Blvd, Princeton, NJ, 08540
Telephone: 646-367-2820

Nile Capital Management LLC is an investment adviser to an investment company based in Princeton. It manages $43.22 million of regulatory assets for 2 client accounts. It has been registered with the SEC as an adviser since 2009 and has operated in the jurisdiction of New Jersey.

Nile Capital Management provides portfolio management for investment companies and 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.

Nile Capital Management: assets under management

The assets under management (AUM) of Nile Capital Management LLC is $43.22 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 747% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $43.22 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $21.61 million each.

Nile Capital Management has custody of $27.1 million in cash and securities for 1 client in total but doesn’t act as a qualified custodian.

Fees & Commissions

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

The firm provides services to investment companies and pooled investment vehicles. The largest group of clients of Nile Capital Management is pooled investment vehicles with 1 clients and $28.81 million of assets under management. Among the 2 most similar advisory firms, Nile Capital Management has the highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $43.22 million for 2 clients. None of the firm’s clients are foreign persons or businesses.

Nile Capital Management 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 Nile Capital Management LLC

The company employs 2 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. Only one employee is registered as an investment adviser representative with the state securities authorities.

There’s a single person 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
Larry Seruma	Managing principal	1 Apr 2004	75% - 100%	2820364
Yenan Chen	Chief compliance officer	1 Jun 2009	Other	6049355
Robert Garfield Roach	Chief financial officer & chief compliance officer	1 Oct 2009	Other	2731222
Llc Kuramo Capital Management	Member	1 Mar 2018	25% - 50%	160614

Indirect Owners

The SEC currently registers 3 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Adewale Francis Adeosun	Founder; chief investment officer	1 Oct 2010	50% - 75%	6033385
Keffi Group Vii Llc	Member	1 Sep 2011	25% - 50%	27-1264515
Jide James Zeitlin	Member / owner	1 Sep 2011	75% - 100%	1736837

Based in Princeton

The principal office where Nile Capital Management LLC performs its advisory services is located at 116 Village Blvd, Princeton, NJ 08540, which is also the mailing address of the firm. An additional office of the firm is in New York, NY. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 646-367-2820 or by fax 646-367-2815. The normal business hours are 9 a.m. - 5 p.m. on Monday - Friday. You can find more information about the New York firm at nilecapital.com.