Krane Funds Advisors, LLC (New York)

Name: Krane Funds Advisors, LLC
Address: 280 Park Ave, New York, NY, 10017
Telephone: 212-933-0393

Krane Funds Advisors, LLC is a large advisory firm based in New York. It manages $2 billion of regulatory assets for 14 client accounts. It has been registered with the SEC as an adviser since 2013.

Krane Funds Advisors provides portfolio management for investment companies, portfolio management for pooled investment vehicles, selection of other advisers, and educational seminars and workshops. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Krane Funds Advisors: assets under management

The assets under management (AUM) of Krane Funds Advisors, LLC is $2 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 26597% since the beginning of its operation, and $340 million of the total AUM is attributable to clients outside of the United States.

The firm manages $2 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $143.02 million each.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Krane Funds Advisors, LLC for their services and products based on a percentage of assets under management. 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 Krane Funds Advisors serves?

The only and largest group of clients of Krane Funds Advisors is investment companies with 14 clients and $2 billion of assets under management. Among the 7 most similar advisory firms, Krane Funds Advisors has the highest percentage of investment companies out of all clients.

The amount of regulatory assets under management is $2 billion for 14 clients. None of the firm’s clients are foreign persons or businesses.

Krane Funds Advisors doesn't advise any private funds.

Careers at Krane Funds Advisors, LLC

The company employs 25 people that are either part- or full-time employees. 20 percent of the employees work as investment advisers or researchers. 9 employees are registered as investment adviser representatives with the state securities authorities.

There’s a single person 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.

Brendan Edward Ahern has served as the Chief Investment Officer since 1 Mar 2013. Odette Gafner joined the executive team most recently as the Chief Compliance Officer / Head Of Compliance.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Jonathan Adam Krane	Chief executive officer and managing member	1 Mar 2011	Other	5721277
Jennifer Alexis Krane	Vice president	1 Mar 2011	Other	5780137
Jennifer Alexis Tarleton	Vice president and member	1 Mar 2011	Other	5780137
John Joseph Canning	Chief compliance officer	1 Aug 2011	Other	2372442
Brendan Edward Ahern	Chief investment officer	1 Mar 2013	Other	2973108
Kda Capital Partners Llc	Managing member	1 Apr 2013	75% - 100%	111111111
Jennifer Alexis Tarleton	Vice president and member	1 Mar 2014	Other	5780137
Jennifer Alexis Krane	Chief compliance officer	1 Mar 2014	Other	5780137
Dianne Palumbo Mattioli	Chief compliance officer	1 Dec 2014	Other	714971
Mary Toumpas	Chief compliance officer	1 Jun 2015	Other	343341
Nancy Meara Kelly	Chief compliance officer	1 Apr 2016	Other	4894045
Max Lindenfeld	Chief compliance officer	1 Mar 2017	Other	6455382
Jonathan A Shelon	Chief operating officer	1 Aug 2017	Other	5538856
Inc. China International Capital Corporation (Usa) Holdings	Owner	1 Sep 2017	50% - 75%	80-0641152
Llc Kfa One Holdings	Owner	1 Sep 2017	25% - 50%	82-2578873
Odette Gafner	Chief compliance officer / head of compliance	1 Mar 2019	Other	xxx-xx-xxxx

Indirect Owners

The SEC currently registers 5 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
China International Capital Corporation Limited	Owner	1 Aug 2005	75% - 100%	foreign
China Investment Corporation	Owner	1 Jan 2008	75% - 100%	foreign
Central Huijin Investment Limited	Owner	1 Aug 2010	75% - 100%	foreign
China International Capital Corporation (Hong Kong) Limited	Owner	1 Feb 2011	75% - 100%	foreign
Jonathan Adam Krane	Member	1 Apr 2013	50% - 75%	5721277

Based in New York

The principal office where Krane Funds Advisors, LLC performs its advisory services is located at 280 Park Ave, New York, NY 10017, which is also the mailing address of the firm. An additional office of the firm is in San Francisco, CA. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 212-933-0393 or by fax 646-368-1353. The normal business hours are 9am-5pm on Monday - Friday. You can find more information about the New York firm at kraneshares.com.