Trend Capital Management LP (Boca Raton)

Trend Capital Management LP is a large advisory firm based in Boca Raton. It manages $1.69 billion of regulatory assets for 15 client accounts. It has been registered with the SEC as an adviser since 2012 and has operated in the jurisdictions of Connecticut and Florida.

Trend Capital 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.

Trend Capital Management: assets under management

The assets under management (AUM) of Trend Capital Management LP is $1.69 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 746% since the beginning of its operation, and $1.42 billion of the total AUM is attributable to clients outside of the United States.

The firm manages $1.69 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $112.78 million each.

Trend Capital Management has custody of $208.42 million in cash and securities for 5 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in non-investment grade corporate bonds the most. They account for 41% of the total AUM. The second-largest asset type is sovereign bonds, which make up 24% of the firm’s portfolio. Investments in cash and cash equivalents form 20% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Trend Capital 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 Peter Lyons Early serves?

The firm provides services to pooled investment vehicles and pension and profit sharing plans. The largest group of clients of Peter Lyons Early is pooled investment vehicles with 14 clients and $1.58 billion of assets under management. Among the 9 most similar advisory firms, Trend Capital Management has the 2nd highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $1.69 billion for 15 clients. 80% of the firm’s clients are foreign persons or businesses.

Trend Capital Management also advises several private funds. Namely, five hedge funds. The minimum investment commitment required of non-related persons ranges from $100,000 to $1,000,000.

Careers at Trend Capital Management LP

The company employs 19 people that are either part- or full-time employees. 42 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.

There are 2 people 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.

Peter Lyons Early has been acting as President since 1 May 2011. Ashwin Kumar Vasan has served as the Chief Investment Officer since 1 May 2011. Brian Scott Goldenberg joined the executive team most recently as the Chief Financial Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Ashwin Kumar Vasan	Chief investment officer	1 May 2011	75% - 100%	2206137
Peter Lyons Early	President	1 May 2011	Other	2242267
Daniel John Johnson	Chief financial officer and chief operating officer	1 May 2011	Other	2051212
Trend Capital Llc	General partner	1 May 2011	Other	45-2235418
Brian Barry	Chief compliance officer and general counsel	1 Oct 2014	Other	6131589
Timothy Earl Chalus	Chief financial officer	1 Dec 2015	Other	5682534
Brian Scott Goldenberg	Chief financial officer	1 Mar 2018	Other	5061039

Based in Boca Raton

The principal office where Trend Capital Management LP performs its advisory services is located at 1800 N. Military Trail, Boca Raton, FL 33431, which is also the mailing address of the firm. An additional office of the firm is in Greenwich, CT. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 561-617-5086 or by fax 561-423-2910. The normal business hours are 9:00am-5:00pm on Monday - Friday.