Bluemar Capital Management, LLC (New York)

Name: Bluemar Capital Management, LLC
Address: 623 5 Th Avenue, New York, NY, 10022
Telephone: 212-446-2400

Bluemar Capital Management, LLC is a large advisory firm based in New York. It manages $301.4 million of regulatory assets for 10 client accounts. It has been registered with the SEC as an adviser since 2014.

Bluemar 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.

Bluemar Capital Management: assets under management

The assets under management (AUM) of Bluemar Capital Management, LLC is $301.4 million, all of which is managed in discretionary accounts. The firm's AUM has gone down by -4% since the beginning of its operation, and $287.34 million of the total AUM is attributable to clients outside of the United States.

The firm manages $301.4 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $30.14 million each.

Fees & Commissions

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

The only and largest group of clients of Bluemar Capital Management is pooled investment vehicles with 10 clients and $301.4 million of assets under management. Among the 7 most similar advisory firms, Bluemar Capital Management has the highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $301.4 million for 10 clients. 73% of the firm’s clients are foreign persons or businesses.

Bluemar Capital Management also advises several private funds. Namely, two hedge funds.

Careers at Bluemar Capital Management, LLC

The company employs 7 people that are either part- or full-time employees. 57 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
David Rodriguez Fraile	Managing member	1 Jul 2011	75% - 100%	4892871
Eric Adam Bittelman	Chief financial officer/chief compliance officer	1 Sep 2011	Other	4509706

Based in New York

The principal office where Bluemar Capital Management, LLC performs its advisory services is located at 623 5 Th Avenue, New York, NY 10022, 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 212-446-2400 or by fax 212-446-2401. The normal business hours are 9am - 5pm est on Monday - Friday. You can find more information about the New York firm at bluemarcapital.com.