Toscafund Asset Management LLP (London)

Toscafund Asset Management provides portfolio management for pooled investment vehicles. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Toscafund Asset Management: assets under management

The assets under management (AUM) of Toscafund Asset Management LLP is $2.04 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 58% since the beginning of its operation, and $2.04 billion of the total AUM is attributable to clients outside of the United States.

The firm manages $2.04 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $254.7 million each.

Toscafund Asset Management has custody of $2.04 billion in cash and securities for 8 clients in total but doesn’t act as a qualified custodian.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Toscafund Asset Management LLP 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 Toscafund Asset Management serves?

The only and largest group of clients of Toscafund Asset Management is pooled investment vehicles with 8 clients and $2.04 billion of assets under management. Among the 12 most similar advisory firms, Toscafund Asset Management has the 2nd highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $2.04 billion for 8 clients. 100% of the firm’s clients are foreign persons or businesses.

Toscafund Asset Management also advises several private funds. Namely, eight hedge funds and one private equity fund. The minimum investment commitment required of non-related persons ranges from $100,000 to $1,000,000.

Careers at Toscafund Asset Management LLP

The company employs 51 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.

Direct owners and executive officers

Indirect Owners

The SEC currently registers 2 indirect owners.

Based in London

The principal office where Toscafund Asset Management LLP performs its advisory services is located at 90 Long Acre, London, Wc2 E 9 Ra, which is also the mailing address of the firm. The firm also has an office outside of the United States.

You can reach the main office by calling the phone number +44 20 7845 6100 or by fax +44 20 7854 6101. The normal business hours are 9am - 6pm on Monday - Friday. You can find more information about the New York firm at toscafund.com.

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