Himalaya Capital Management LLC (Seattle)

Name: Himalaya Capital Management LLC
Address: 1301 2 Nd Ave, Seattle, WA, 98101
Telephone: (206) 707-0768

Himalaya Capital Management LLC is a large advisory firm based in Seattle. It manages $8.34 billion of regulatory assets for 2 client accounts. It has been registered with the SEC as an adviser since 2015 and has operated in the jurisdiction of Washington.

Himalaya Capital 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.

Himalaya Capital Management: assets under management

The assets under management (AUM) of Himalaya Capital Management LLC is $8.34 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 248% since the beginning of its operation, and $99.73 million of the total AUM is attributable to clients outside of the United States.

The firm manages $8.34 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $4.17 billion each.

Himalaya Capital Management has custody of $8.34 billion in cash and securities for 2 clients in total but doesn’t act as a qualified custodian.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Himalaya Capital Management LLC for their services and products based on 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 Himalaya Capital Management serves?

The only and largest group of clients of Himalaya Capital Management is pooled investment vehicles with 2 clients and $8.34 billion of assets under management. Among the 7 most similar advisory firms, Himalaya Capital Management has the 3rd highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $8.34 billion for 2 clients. 50% of the firm’s clients are foreign persons or businesses.

Himalaya Capital Management also advises several private funds. Namely, one hedge fund. The minimum investment commitment required of non-related persons is $5,000,000 for each fund.

Careers at Himalaya Capital Management LLC

The company employs 14 people that are either part- or full-time employees. 79 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
Lu Li	Chairman and managing member	1 Jan 1998	75% - 100%	2636633
Gene Jing Chang	Vice president and chief compliance officer	1 Sep 2008	Other	5930706

Based in Seattle

The principal office where Himalaya Capital Management LLC performs its advisory services is located at 1301 2 Nd Ave, Seattle, WA 98101, 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 (206) 707-0768 or by fax (206) 707-0769. The normal business hours are 9:00 am - 6:00 pm on Monday - Friday. You can find more information about the New York firm at himalayacapital.com and its LinkedIn profile.