Lim Fund Management, LLC (Boston)


Lim Fund Management, LLC is a related adviser based in Boston. It manages $28.03 million of regulatory assets for 1 client accounts. It has been registered with the SEC as an adviser since 2019.

Lim Fund Management provides portfolio management for pooled investment vehicles. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Lim Fund Management: assets under management

The assets under management (AUM) of Lim Fund Management, LLC is $28.03 million, all of which is managed in discretionary accounts. The company doesn't manage any assets belonging to foreign clients.

The firm manages $28.03 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $28.03 million each.
Lim Fund Management has custody of $28.03 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 Lim Fund 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 Lim Fund Management serves?

The only and largest group of clients of Lim Fund Management is pooled investment vehicles with 1 clients and $28.03 million of assets under management. Among the 1 most similar advisory firms, Lim Fund Management has the highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $28.03 million for 1 clients. None of the firm’s clients are foreign persons or businesses.

Lim Fund Management also advises several private funds. Namely, one hedge fund. The minimum investment commitment required of non-related persons is $1,000,000 for each fund.

Careers at Lim Fund Management, LLC

The company employs 36 people that are either part- or full-time employees. 50 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
Michelle Lynn Martin Chief compliance officer 1 Apr 2019 Other 5768235
Michael Scott Timmermans Chief legal officer 1 Apr 2019 Other 7092167
Longfellow Investment Management Co. Llc Sole member/manager 1 Apr 2019 75% - 100% 104945

Indirect Owners

The SEC currently registers 1 indirect owner.

Name Entity Date acquired Ownership Employer ID
Barbara Jeanne Mckenna President, managing member 1 Apr 2009 25% - 50% 2338837

Based in Boston

The principal office where Lim Fund Management, LLC performs its advisory services is located at 20 Winthrop Square, 2 Nd Floor, Boston, MA 02110, 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 617-695-3504 or by fax 617-695-3507. The normal business hours are 8:00 am to 5:00 pm on Monday - Friday. You can find more information about the New York firm at longfellowim.com.