Armadillo Capital Management, LLC (Sao Paolo)

Name: Armadillo Capital Management, LLC
Address: Rua Dr. Renato Paes De Barros, 778, Conjunto 11, Sao Paolo, 04530 001
Telephone: 55 11 5180-3311

Armadillo Capital Management, LLC is a large advisory firm based in Sao Paolo. It manages $289.12 million of regulatory assets for 4 client accounts. It has been registered with the SEC as an adviser since 2018.

Armadillo 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.

Armadillo Capital Management: assets under management

The assets under management (AUM) of Armadillo Capital Management, LLC is $289.12 million, all of which is managed in discretionary accounts. The firm's AUM has gone down by -20% since the beginning of its operation, and $261.78 million of the total AUM is attributable to clients outside of the United States.

The firm manages $289.12 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $72.28 million each.

Investments

The firm invests in exchange traded securities the most. They account for 99% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 1% of the firm’s portfolio.

Fees & Commissions

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

The only and largest group of clients of Armadillo Capital Management is pooled investment vehicles with 2 clients and $130.84 million of assets under management. Among the 8 most similar advisory firms, Armadillo Capital Management has the 3rd highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $130.84 million for 2 clients. 75% of the firm’s clients are foreign persons or businesses.

Armadillo Capital Management also advises several private funds. Namely, one hedge fund. The minimum investment commitment required of non-related persons is $100,000 for each fund.

Careers at Armadillo Capital Management, LLC

The company employs 12 people that are either part- or full-time employees. 58 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.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Newfoundland Capital Management	Partner	1 Nov 2012	50% - 75%	foreign
Luis Felipe Adaime	Partner and director	1 Nov 2012	25% - 50%	6433261
Andre Caradonna Kherlakian	Chief compliance officer	1 Dec 2014	Other	6252729

Indirect Owners

The SEC currently registers 2 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Jonathan Myles Rosenthal	Partner and director	1 Mar 2009	25% - 50%	4560872
Eric Macchione Monteiro D Fonseca	Partner and director	1 Mar 2009	50% - 75%	4944600

Based in Sao Paolo

The principal office where Armadillo Capital Management, LLC performs its advisory services is located at Rua Dr. Renato Paes De Barros, 778, Conjunto 11, Sao Paolo, 04530 001, which is also the mailing address of the firm. An additional office of the firm is in South Miami, FL. The firm also has an office outside of the United States.

You can reach the main office by calling the phone number 55 11 5180-3311. The normal business hours are 8:00 am - 6:00 pm on Monday - Friday. You can find more information about the New York firm at newfcap.com.