Catenary Alternatives Asset Management, LLC (Miami)

Name: Catenary Alternatives Asset Management, LLC
Address: 1450 Brickell Avenue, Miami, FL, 33131
Telephone: 305-677-6688

Catenary Alternatives Asset Management, LLC is a large advisory firm based in Miami. It manages $408.32 million of regulatory assets for 6 client accounts. It has been registered with the SEC as an adviser since 2013 and has operated in the jurisdictions of Florida and New York.

Catenary Alternatives Asset Management provides portfolio management for individuals and small businesses, portfolio management for pooled investment vehicles, and selection of other advisers. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Catenary Alternatives Asset Management: assets under management

The assets under management (AUM) of Catenary Alternatives Asset Management, LLC is $408.32 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 1590% since the beginning of its operation, and $282.47 million of the total AUM is attributable to clients outside of the United States.

The firm manages $408.32 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $68.05 million each.

Investments

The firm invests in exchange traded securities the most. They account for 87% of the total AUM. The second-largest asset type is derivatives, which make up 11% of the firm’s portfolio. Investments in cash and cash equivalents form 2% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Catenary Alternatives Asset 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 Catenary Alternatives Asset Management serves?

The firm provides services to high net worth individuals and pooled investment vehicles. The largest group of clients of Catenary Alternatives Asset Management is pooled investment vehicles with 4 clients and $404.48 million of assets under management. Among the 10 most similar advisory firms, Catenary Alternatives Asset Management has the 4th highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $408.32 million for 6 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 33% of the firm’s clients are foreign persons or businesses.

Catenary Alternatives Asset Management also advises several private funds. Namely, six hedge funds. The minimum investment commitment required of non-related persons is $1,000,000 for each fund.

Careers at Catenary Alternatives Asset Management, LLC

The company employs 10 people that are either part- or full-time employees. 60 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 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
James Dwight Besaw	Member	1 Mar 2012	Other	2272546
George Luis Perez	Member	1 Mar 2012	Other	2686389
Hugh Patrick Nickola	Member	1 Mar 2012	Other	1983734
Guillermo J. Socarras	Member	1 Mar 2012	Other	4036701
Guillermo Jorge Socarras	Member	1 Mar 2012	Other	4036701
Eli Augustus Cohen	Member	1 Apr 2012	50% - 75%	4969902
Zulay (Nmn) Hunter	Chief compliance officer and chief operating officer	1 May 2012	Other	3043807
Claire L Carter	Chief financial officer	1 Jun 2014	Other	6471221
Claire Leigh Rogan	Chief financial officer	1 Jun 2014	Other	6471221
Claire L Rogan	Chief financial officer	1 Jun 2014	Other	6471221

Based in Miami

The principal office where Catenary Alternatives Asset Management, LLC performs its advisory services is located at 1450 Brickell Avenue, Miami, FL 33131, 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 305-677-6688 or by fax 305-677-6699. The normal business hours are 9:00 am - 5:00 pm on Monday - Friday. You can find more information about the New York firm at catenaryalts.com.