Pomelo Capital LLC (New York)

Name: Pomelo Capital LLC
Address: 717 Fifth Avenue, New York, NY, 10022
Telephone: (212) 897-3340

Pomelo Capital LLC is a large advisory firm based in New York. It manages $435.02 million of regulatory assets for 5 client accounts. It has been registered with the SEC as an adviser since 2011 and has operated in the jurisdiction of Washington.

Pomelo Capital 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.

Pomelo Capital: assets under management

The assets under management (AUM) of Pomelo Capital LLC is $435.02 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 190% since the beginning of its operation, and $420 million of the total AUM is attributable to clients outside of the United States.

The firm manages $435.02 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $87 million each.

Pomelo Capital has custody of $435.02 million in cash and securities for 5 clients in total but doesn’t act as a qualified custodian.

Fees & Commissions

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

The only and largest group of clients of Pomelo Capital is pooled investment vehicles with 5 clients and $435.02 million of assets under management. Among the 11 most similar advisory firms, Pomelo Capital has the highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $435.02 million for 5 clients. 80% of the firm’s clients are foreign persons or businesses.

Pomelo Capital 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 Pomelo Capital LLC

The company employs 5 people that are either part- or full-time employees. 60 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
Philip John Rosenstrach	Managing member, chief investment officer	1 Oct 2011	Other	2722232
Rosenstrach Family Llc	Member	1 Jan 2012	75% - 100%	46-1034210
Eric Kimball Kostrowski	Chief compliance officer, chief operating officer	1 Jan 2012	Other	5776600

Indirect Owners

The SEC currently registers 1 indirect owner.

Name	Entity	Date acquired	Ownership	Employer ID
Philip John Rosenstrach	Managing member	1 Jan 2012	75% - 100%	2722232

Based in New York

The principal office where Pomelo Capital LLC performs its advisory services is located at 717 Fifth Avenue, New York, NY 10022, which is also the mailing address of the firm. An additional office of the firm is in Seattle, WA. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number (212) 897-3340 or by fax (212) 897-3349. The normal business hours are 9:00-6:00 on Monday - Friday. You can find more information about the New York firm at pomelocap.com.