Bw Asset Management Ltd (Georgetown, Grand Cayman)

Name: Bw Asset Management Ltd
Address: Intertrust Corporate Services (Cayman) Limited, Georgetown, Grand Cayman, Ky1 9005
Telephone: 345-743-8800

Bw Asset Management Ltd is an adviser based in Georgetown, Grand Cayman. It manages $4.2 million of regulatory assets for 3 client accounts. It has been registered with the SEC as an adviser since 2019.

Bw Asset 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.

Bw Asset Management: assets under management

The assets under management (AUM) of Bw Asset Management Ltd is $4.2 million, all of which is managed in discretionary accounts. $4.2 million of the total AUM is attributable to clients outside of the United States.

The firm manages $4.2 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $1.4 million each.

Bw Asset Management has custody of $8.1 million in cash and securities for 3 clients in total and acts as a qualified custodian.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Bw Asset Management Ltd 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.

What kind of clients Bw Asset Management serves?

The only and largest group of clients of Bw Asset Management is pooled investment vehicles with 3 clients and $4.2 million of assets under management. Among the 3 most similar advisory firms, Bw Asset Management has the highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $4.2 million for 3 clients. 100% of the firm’s clients are foreign persons or businesses.

Bw Asset Management also advises several private funds. Namely, three private equity funds. The minimum investment commitment required of non-related persons is $100,000 for each fund.

Careers at Bw Asset Management Ltd

The company employs 5 people that are either part- or full-time employees. 80 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.

Jason Aleksander Kardachi has served as the Chief Investment Officer since 1 Jan 2019. Mitchell Mansfield joined the executive team most recently as the Chief Compliance Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Borrelli Walsh Asia Limited	Owner	1 Jul 2013	75% - 100%	foreign
Cosimo Borrelli	Managing director	1 Jan 2019	Other	7070615
Jason Aleksander Kardachi	Chief investment officer	1 Jan 2019	Other	7070617
Julia Kathryn Wood	Chief operating officer and chief compliance officer	1 Jan 2019	Other	7070618
Mitchell Mansfield	Chief compliance officer	1 Feb 2019	Other	7084176

Indirect Owners

The SEC currently registers 3 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Bombay Bicycle Club Limited	Owner	1 Jul 2013	25% - 50%	foreign
Cosimo Borrelli	Owner	1 Jul 2013	50% - 75%	7070615
Paul Michael Walsh	Owner	1 Jun 2018	25% - 50%	7071428

Based in Georgetown, Grand Cayman

The principal office where Bw Asset Management Ltd performs its advisory services is located at Intertrust Corporate Services (Cayman) Limited, Georgetown, Grand Cayman, Ky1 9005, which is also the mailing address of the firm. An additional office of the firm is in New York, NY. The firm also has an office outside of the United States.

You can reach the main office by calling the phone number 345-743-8800. The normal business hours are 9:00-5:00 on Monday - Friday. You can find more information about the New York firm at borrelliwalsh.com/.