Pangaea Asset Management, LLC (Chicago)


Pangaea Asset Management, LLC is a large advisory firm based in Chicago. It manages $852 million of regulatory assets for 3 client accounts. It has been registered with the SEC as an adviser since 2008.

Logo

Pangaea Asset 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.

Pangaea Asset Management: assets under management

The assets under management (AUM) of Pangaea Asset Management, LLC is $852 million, all of which is managed in discretionary accounts. The firm's AUM has gone down by -17% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.


The firm manages $852 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $284 million each.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Pangaea Asset 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.

Indirect Owners

The SEC currently registers 5 indirect owners.

Name Entity Date acquired Ownership Employer ID
L.L.C. Augustus Ventures Limited partner 1 Jun 2000 75% - 100% 88-0452207
Llc Nero Limited Member 1 Jun 2000 75% - 100% none
Wells Fargo & Company Member 1 Jun 2000 75% - 100% 41-0449260
Llc Itasca Partners Viii General partner 1 May 2004 Other 56-2454983
Lllp Norwest Limited Lp Limited partner 1 May 2004 75% - 100% 41-1970247

Based in Chicago

The principal office where Pangaea Asset Management, LLC performs its advisory services is located at 311 S. Wacker Drive, Chicago, IL 60606 6669, 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 312-447-6120 or by fax 312-447-6199. The normal business hours are 8 am - 5 pm on Monday - Friday. You can find more information about the New York firm at www.pangaea-am.com.