Elanus Capital Management, LLC (New York)


Elanus Capital Management, LLC is a large advisory firm based in New York. It manages $263.72 million of regulatory assets for 7 client accounts. It has been registered with the SEC as an adviser since 2016.

Elanus 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.

Elanus Capital Management: assets under management

The assets under management (AUM) of Elanus Capital Management, LLC is $263.72 million. The firm's AUM has grown by 199% since the beginning of its operation, and $263.72 million of the total AUM is attributable to clients outside of the United States.

The firm manages $159.52 million in discretionary accounts and $104.2 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $31.9 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $52.1 million.
Elanus Capital Management has custody of $220.13 million in cash and securities for 3 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in investment grade corporate bonds the most. They account for 65% of the total AUM. The second-largest asset type is exchange traded securities, which make up 28% of the firm’s portfolio. Investments in non-investment grade corporate bonds form 7% of the total invested assets.

Fees & Commissions

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

The only and largest group of clients of Elanus Capital Management is pooled investment vehicles with 2 clients and $140.93 million of assets under management. Among the 7 most similar advisory firms, Elanus Capital Management has the 4th highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $140.93 million for 2 clients. 67% of the firm’s clients are foreign persons or businesses.

Elanus Capital Management also advises several private funds. Namely, one hedge fund, one other private fund, and one private equity fund. The minimum investment commitment required of non-related persons ranges from $1,000,000 to $5,000,000.

Careers at Elanus Capital Management, LLC

The company employs 7 people that are either part- or full-time employees. 57 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
Elanus Holdings Llc Sole class a member 1 Nov 2010 75% - 100% 45-4314484
Ling Ling Hu Marquardt Chief operating officer, chief financial officer & chief compliance officer 1 Feb 2013 Other 5708384

Indirect Owners

The SEC currently registers 1 indirect owner.

Name Entity Date acquired Ownership Employer ID
Matt Moniot Elected manager 1 Mar 2011 50% - 75% 4805028

Based in New York

The principal office where Elanus Capital Management, LLC performs its advisory services is located at 180 Varick Street, New York, NY 10014, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 212-336-0828 or by fax 917-398-5790. The normal business hours are 9:00am-5:00pm on Monday - Friday. You can find more information about the New York firm at elanuscapital.com.