Cygnus Asset Management Sgiic, Sa (Madrid)

Name: Cygnus Asset Management Sgiic, Sa
Address: Principe De Vergara 112, Madrid, 28002
Telephone: 0034917892268

Cygnus Asset Management Sgiic, Sa is a large advisory firm based in Madrid. It manages $842.09 million of regulatory assets for 6 client accounts. It has been registered with the SEC as an adviser since 2013.

Cygnus Asset Management Sgiic 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.

Cygnus Asset Management Sgiic: assets under management

The assets under management (AUM) of Cygnus Asset Management Sgiic, Sa is $842.09 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 96% since the beginning of its operation, and $784 million of the total AUM is attributable to clients outside of the United States.

The firm manages $842.09 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $140.35 million each.

Cygnus Asset Management Sgiic has custody of $19.96 million in cash and securities for 2 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 86% of the total AUM. The second-largest asset type is exchange traded securities, which make up 14% of the firm’s portfolio.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Cygnus Asset Management Sgiic, Sa 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 Jose Maria Amusategui serves?

The only and largest group of clients of Jose Maria Amusategui is pooled investment vehicles with 5 clients and $727.28 million of assets under management. Among the 12 most similar advisory firms, Cygnus Asset Management Sgiic has the 3rd highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $727.28 million for 5 clients. 95% of the firm’s clients are foreign persons or businesses.

Cygnus Asset Management Sgiic also advises several private funds. Namely, two hedge funds. The minimum investment commitment required of non-related persons is $1,000,000 for each fund.

Careers at Cygnus Asset Management Sgiic, Sa

The company employs 18 people that are either part- or full-time employees. 44 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.

Jose Maria Amusategui has been acting as President since 1 Oct 2006. Juan Luis Perez joined the executive team most recently as the Chief Compliance Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Zisne Capital S.A.	Shareholder	1 Oct 2006	50% - 75%	foreign
Dos Robles Capital S.A.	Shareholder	1 Oct 2006	25% - 50%	foreign
Jose Maria Amusategui	President	1 Oct 2006	Other	6036963
Juan Cruz	Board member, secretary	1 Oct 2006	Other	6036970
Isabel Cristina Serra	Board member, ceo	1 Oct 2006	Other	6036977
Antonio Camps	Board member	1 Oct 2009	Other	6036973
Blanca Gil	Chief compliance officer	1 Mar 2010	Other	6036966
Iñigo Sainz	Chief financial officer	1 Mar 2013	Other	6036975
Peter Linley Jayawardena	Chief operating officer	1 Jul 2016	Other	5903672
Juan Luis Perez	Chief compliance officer	1 Jan 2017	Other	2329733

Indirect Owners

The SEC currently registers 4 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Juan Cruz	Shareholder	1 Jan 2006	25% - 50%	6036970
Luis Gonzaga Amusategui	Shareholder	1 Jan 2006	25% - 50%	6036968
Isabel Cristina Serra	Shareholder	1 Feb 2006	25% - 50%	6036977
Jose Maria Amusategui	Shareholder	1 Jul 2006	25% - 50%	6036963

Based in Madrid

The principal office where Cygnus Asset Management Sgiic, Sa performs its advisory services is located at Principe De Vergara 112, Madrid, 28002, which is also the mailing address of the firm. The firm also has an office outside of the United States.

You can reach the main office by calling the phone number 0034917892268 or by fax 0034917892257. The normal business hours are 8am - 5pm gmt on Monday - Friday. You can find more information about the New York firm at cygnus-am.com and its LinkedIn profile.