Torchlight Investors, LLC is a large advisory firm based in New York. It manages $4.18 billion of regulatory assets for 12 client accounts. It has been registered with the SEC as an adviser since 2010 and has operated in the jurisdictions of Connecticut and New York.
Torchlight Investors 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 also engages as rated special servicer.
The assets under management (AUM) of Torchlight Investors, LLC is $4.18 billion. The firm's AUM has gone down by -1% since the beginning of its operation, and $43.26 million of the total AUM is attributable to clients outside of the United States.
The advisory firm has several streams of revenue. Clients pay Torchlight Investors, LLC 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.
The only and largest group of clients of Joseph Holmes Cary is pooled investment vehicles with 12 clients and $4.18 billion of assets under management. Among the 12 most similar advisory firms, Torchlight Investors has the 2nd highest percentage of pooled investment vehicles out of all clients.
The amount of regulatory assets under management is $4.18 billion for 12 clients. 10% of the firm’s clients are foreign persons or businesses.
Torchlight Investors also advises several private funds. Namely, two hedge funds, one other private fund, and three private equity funds. The minimum investment commitment required of non-related persons ranges from $3,000,000 to $10,000,000.
The company employs 56 people that are either part- or full-time employees. 39 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.
Joseph Holmes Cary has been acting as President since 1 Mar 2011. Felipe Dorregaray joined the executive team most recently as the Chief Operating Officer.
The principal office where Torchlight Investors, LLC performs its advisory services is located at 280 Park Avenue, New York, NY 10017, 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 212-883-2800 or by fax 212-883-2560. The normal business hours are 9am-5pm on Monday - Friday. You can find more information about the New York firm at torchlightinvestors.com.