Toms Capital Investment Management LP (New York)

Toms Capital Investment Management LP is a large advisory firm based in New York. It manages $277.11 million of regulatory assets for 5 client accounts. It has been registered with the SEC as an adviser since 2018 and has operated in the jurisdictions of California and New York.

Toms Capital Investment Management provides portfolio management for individuals and small businesses, 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.

Toms Capital Investment Management: assets under management

The assets under management (AUM) of Toms Capital Investment Management LP is $277.11 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 35% since the beginning of its operation, and $140.18 million of the total AUM is attributable to clients outside of the United States.

The firm manages $277.11 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $55.42 million each.

Toms Capital Investment Management has custody of $97.34 million in cash and securities for 3 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in cash and cash equivalents the most. They account for 66% of the total AUM. The second-largest asset type is exchange traded securities, which make up 34% of the firm’s portfolio.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Toms Capital Investment Management LP 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 Toms Capital Investment Management serves?

The only and largest group of clients of Toms Capital Investment Management is pooled investment vehicles with 3 clients and $97.34 million of assets under management. Among the 9 most similar advisory firms, Toms Capital Investment Management has the 2nd highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $97.34 million for 3 clients. 66% of the firm’s clients are foreign persons or businesses.

Toms Capital Investment Management also advises several private funds. Namely, one hedge fund. The minimum investment commitment required of non-related persons is $25,000,000 for each fund.

Careers at Toms Capital Investment Management LP

The company employs 13 people that are either part- or full-time employees. 31 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.

There’s a single person 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.

Benjamin Pass has served as the Chief Investment Officer since 1 Jun 2017. Tcim Gp Mm Llc joined the executive team most recently as the Managing Member, Tcim Gp Llc.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Tcim Management Gp Llc	General partner	1 Jun 2017	Other	99999999
Noam Gottesman	Limited partner	1 Jun 2017	75% - 100%	1625131
Benjamin Pass	Chief investment officer	1 Jun 2017	Other	4163146
Alejandro Raul San Miguel	Chief compliance officer	1 Jun 2017	Other	6883894
Anupkumar Rameshchandra Patel	Chief financial officer	1 Jun 2017	Other	6883896
Tcim Gp Mm Llc	Managing member, tcim gp llc	1 Jul 2017	Other	99999999

Based in New York

The principal office where Toms Capital Investment Management LP performs its advisory services is located at 450 West 14 Th Street, New York, NY 10014, which is also the mailing address of the firm. An additional office of the firm is in Los Angeles, CA. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 212-337-4100. The normal business hours are 9am - 5pm on Monday - Friday.