Sali Fund Management, LLC is a large advisory firm based in Austin. It manages $9.48 billion of regulatory assets for 124 client accounts. It has been registered with the SEC as an adviser since 2003 and has operated in the jurisdictions of New York, Texas, and Washington.
Sali Fund Management provides portfolio management for pooled investment vehicles and selection of other advisers. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Sali Fund Management, LLC is $9.48 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 10097% since the beginning of its operation, and $901.9 million of the total AUM is attributable to clients outside of the United States.
The advisory firm has several streams of revenue. Clients pay Sali Fund Management, LLC for their services and products based on a percentage of assets under management, hourly charges, fixed fees, 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.
The only and largest group of clients of Kevin B Bhatt is pooled investment vehicles with 124 clients and $9.48 billion of assets under management. Among the 10 most similar advisory firms, Sali Fund Management has the 3rd highest percentage of pooled investment vehicles out of all clients.
The amount of regulatory assets under management is $9.48 billion for 124 clients. 1% of the firm’s clients are foreign persons or businesses.
Sali Fund Management also advises several private funds. Namely, one hundred seven hedge funds, one liquidity fund, two real estate funds, two other private funds, and seventeen private equity funds. The minimum investment commitment required of non-related persons ranges from $100,000 to $140,000,000.
The company employs 45 people that are either part- or full-time employees. 16 percent of the employees work as investment advisers or researchers. 6 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.
Kevin B Bhatt has been acting as President since 1 Feb 2018. Karen Patricia Halliday joined the executive team most recently as the Director.
The principal office where Sali Fund Management, LLC performs its advisory services is located at 6850 Austin Center Blvd., Austin, TX 78731, which is also the mailing address of the firm. An additional office of the firm is in New York, NY. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 512-735-7254 or by fax 512-519-8500. The normal business hours are 9 am - 5 pm on Monday - Friday. You can find more information about the New York firm at sali.com and its LinkedIn profile.