Ils Capital Management Ltd. (Hamilton)

Name: Ils Capital Management Ltd.
Address: Swan Building, Third Floor, Hamilton, Hm 12
Telephone: 441 294 8300

Ils Capital Management Ltd. is a large advisory firm based in Hamilton. It manages $325.96 million of regulatory assets for 1 client accounts. It has been registered with the SEC as an adviser since 2016.

Ils Capital Management provides 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.

Ils Capital Management: assets under management

The assets under management (AUM) of Ils Capital Management Ltd. is $325.96 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 153% since the beginning of its operation, and $325.96 million of the total AUM is attributable to clients outside of the United States.

The firm manages $325.96 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $325.96 million each.

Ils Capital Management has custody of $325.96 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 Ils Capital Management Ltd. 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 Ils Capital Management serves?

The only and largest group of clients of Ils Capital Management is pooled investment vehicles with 1 clients and $325.96 million of assets under management. Among the 10 most similar advisory firms, Ils Capital Management has the 2nd highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $325.96 million for 1 clients. 100% of the firm’s clients are foreign persons or businesses.

Ils Capital Management also advises several private funds. Namely, one hedge fund. The minimum investment commitment required of non-related persons is $250,000 for each fund.

Careers at Ils Capital Management Ltd.

The company employs 11 people that are either part- or full-time employees. 82 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 3 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.

Steven Anthony Mecca joined the executive team most recently as the Chief Financial Officer, Chief Compliance Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Thomas John Libassi	Shareholder	1 Sep 2013	25% - 50%	2496935
Paul Andrew Nealon	Shareholder	1 Sep 2013	25% - 50%	6591092
Donald Nmn Kramer	Chief executive officer	1 Sep 2013	Other	274799
Timothy Nmn Tetlow	Shareholder	1 Sep 2013	25% - 50%	6591165
Ils Capital Holdings Ltd.	Shareholder	1 Sep 2013	25% - 50%	foreign
Teresa Joan Gallant	Chief financial officer/ chief compliance officer	1 Aug 2015	Other	6591168
Steven Anthony Mecca	Chief financial officer, chief compliance officer	1 Mar 2017	Other	2536511

Indirect Owners

The SEC currently registers 1 indirect owner.

Name	Entity	Date acquired	Ownership	Employer ID
Donald Nmn Kramer	Shareholder	1 Sep 2011	75% - 100%	274799

Based in Hamilton

The principal office where Ils Capital Management Ltd. performs its advisory services is located at Swan Building, Third Floor, Hamilton, Hm 12, which is also the mailing address of the firm. The firm also has an office outside of the United States.

You can reach the main office by calling the phone number 441 294 8300 or by fax 441 294 8310. The normal business hours are 8:30 am - 5:30 pm on Monday - Friday. You can find more information about the New York firm at ils.bm.