Roam Global Management LP (New York)

Roam Global Management LP is a mid-sized advisory firm based in New York. It manages $91.79 million of regulatory assets for 4 client accounts. It has been registered with the SEC as an adviser since 2018.

Roam Global Management 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.

Roam Global Management: assets under management

The assets under management (AUM) of Roam Global Management LP is $91.79 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 14% since the beginning of its operation, and $6.91 million of the total AUM is attributable to clients outside of the United States.

The firm manages $91.79 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $22.95 million each.

Roam Global Management has custody of $34.24 million in cash and securities for 3 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 59% of the total AUM. The second-largest asset type is exchange traded securities, which make up 41% of the firm’s portfolio. Investments in derivatives form 1% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Roam Global Management LP for their services and products based on a percentage of assets under management and performance-based fees. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Roam Global Management serves?

The only and largest group of clients of Roam Global Management is pooled investment vehicles with 3 clients and $34.24 million of assets under management. Among the 8 most similar advisory firms, Roam Global Management has the 2nd highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $34.24 million for 3 clients. 50% of the firm’s clients are foreign persons or businesses.

Roam Global Management 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 Roam Global Management LP

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
Rishi ("Nmn") Renjen	Managing partner	1 Jun 2017	75% - 100%	6946736
Roam Global Associates Gp Llc	General partner	1 Sep 2017	Other	82-3977020
William ("Nmn") Yip	Cfo/cco	1 Jan 2018	Other	2578793

Indirect Owners

The SEC currently registers 1 indirect owner.

Name	Entity	Date acquired	Ownership	Employer ID
Rishi ("Nmn") Renjen	Owner	1 Sep 2017	75% - 100%	6946736

Based in New York

The principal office where Roam Global Management LP performs its advisory services is located at 747 Third Avenue, New York, NY 10017, 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 646-779-6322. The normal business hours are 9-5pm on Monday - Friday.