Universa Investments L.P. (Miami)


Universa Investments L.P. is a large advisory firm based in Miami. It manages $4.12 billion of regulatory assets for 19 client accounts. It has been registered with the SEC as an adviser since 2007 and has operated in the jurisdictions of Florida and Michigan.

Universa Investments 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.

Universa Investments: assets under management

The assets under management (AUM) of Universa Investments L.P. is $4.12 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 2701% since the beginning of its operation, and $1.49 billion of the total AUM is attributable to clients outside of the United States.

The firm manages $4.12 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $216.7 million each.

Investments

The firm invests in derivatives the most. They account for 65% of the total AUM. The second-largest asset type is exchange traded securities, which make up 19% of the firm’s portfolio. Investments in cash and cash equivalents form 16% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Universa Investments L.P. 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 Universa Investments serves?

The only and largest group of clients of Universa Investments is pooled investment vehicles with 18 clients and $4.1 billion of assets under management. Among the 8 most similar advisory firms, Universa Investments has the 2nd highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $4.1 billion for 18 clients. 33% of the firm’s clients are foreign persons or businesses.

Universa Investments also advises several private funds. Namely, eighteen hedge funds. The minimum investment commitment required of non-related persons is $50,000,000 for each fund.

Careers at Universa Investments L.P.

The company employs 15 people that are either part- or full-time employees. 27 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 2 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.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Mark William Spitznagel President; chief investment officer; limited partner; 1 Jan 2007 75% - 100% 2864577
Universa Llc General partner 1 Jan 2007 Other 83-0470798
Eric D Spencer Cfo; chief compliance officer 1 Apr 2007 Other 4717169
Nirendran Sanjay Kathirithamby Chief compliance officer 1 Mar 2018 Other 5255780

Based in Miami

The principal office where Universa Investments L.P. performs its advisory services is located at 2601 S. Bayshore Drive, Miami, FL 33133, which is also the mailing address of the firm. An additional office of the firm is in Bloomfield Hills, MI. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 786-483-3140 or by fax 786-483-3141. The normal business hours are 9am-5pm on Monday - Friday. You can find more information about the New York firm at universa.net.