Arena Capital Advisors LLC (Los Angeles)

Name: Arena Capital Advisors LLC
Address: 12121 Wilshire Blvd, Los Angeles, CA, 90025
Telephone: 310-806-6700

Arena Capital Advisors LLC is a large advisory firm based in Los Angeles. It manages $1.75 billion of regulatory assets for 11 client accounts. It has been registered with the SEC as an adviser since 2014.

Arena Capital Advisors provides portfolio management for individuals and small businesses, 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.

Arena Capital Advisors: assets under management

The assets under management (AUM) of Arena Capital Advisors LLC is $1.75 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 1104% since the beginning of its operation, and $852.68 million of the total AUM is attributable to clients outside of the United States.

The firm manages $1.75 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $158.69 million each.

Arena Capital Advisors has custody of $951.88 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 72% of the total AUM. The second-largest asset type is other assets, which make up 22% of the firm’s portfolio. Investments in cash and cash equivalents form 5% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Arena Capital Advisors 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.

What kind of clients Arena Capital Advisors serves?

The firm provides services to insurance companies, pooled investment vehicles, and pension and profit sharing plans. The largest group of clients of Arena Capital Advisors is pooled investment vehicles with 6 clients and $1.11 billion of assets under management. Among the 10 most similar advisory firms, Arena Capital Advisors has the 5th highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $1.75 billion for 11 clients. 49% of the firm’s clients are foreign persons or businesses.

Arena Capital Advisors also advises several private funds. Namely, two hedge funds and three other private funds. The minimum investment commitment required of non-related persons is $200,000 for each fund.

Careers at Arena Capital Advisors LLC

The company employs 15 people that are either part- or full-time employees. 47 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 compensates 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
Sanije Perrett	Partner, president & cco	1 Dec 2013	Other	4942640
Sanije Jane Perrett	Member, partner, president & cco	1 Dec 2013	Other	4942640
Jeremy Ben Sagi	Partner & chief investment officer	1 Mar 2014	50% - 75%	6323209
Lawrence Aron Post	Partner	1 Mar 2014	Other	827685
Daniel Elperin	Partner & managing director trading	1 Mar 2014	25% - 50%	6327287
Daniel Michael Elperin	Member, partner & managing director trading	1 Mar 2014	25% - 50%	6327287
Inc. Post Advisory Group	Member	1 Mar 2014	Other	95-4371066

Indirect Owners

The SEC currently registers 1 indirect owner.

Name	Entity	Date acquired	Ownership	Employer ID
Lawrence Aron Post	President & stockholder	1 Apr 1992	75% - 100%	827685

Based in Los Angeles

The principal office where Arena Capital Advisors LLC performs its advisory services is located at 12121 Wilshire Blvd, Los Angeles, CA 90025, 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 310-806-6700 or by fax 310-806-6709. The normal business hours are 6:00am - 5:00pm on Monday - Friday. You can find more information about the New York firm at arenaca.com.