Cygnus Asset Management Sgiic, Sa is a large advisory firm based in Madrid. It manages $842.09 million of regulatory assets for 6 client accounts. It has been registered with the SEC as an adviser since 2013.
Cygnus Asset Management Sgiic 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.
The assets under management (AUM) of Cygnus Asset Management Sgiic, Sa is $842.09 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 96% since the beginning of its operation, and $784 million of the total AUM is attributable to clients outside of the United States.
The advisory firm has several streams of revenue. Clients pay Cygnus Asset Management Sgiic, Sa for their services and products based on a percentage of assets under management and performance-based fees. The adviser charges an additional fee when a set benchmark is outperformed. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.
The only and largest group of clients of Jose Maria Amusategui is pooled investment vehicles with 5 clients and $727.28 million of assets under management. Among the 12 most similar advisory firms, Cygnus Asset Management Sgiic has the 3rd highest percentage of pooled investment vehicles out of all clients.
The amount of regulatory assets under management is $727.28 million for 5 clients. 95% of the firm’s clients are foreign persons or businesses.
Cygnus Asset Management Sgiic also advises several private funds. Namely, two hedge funds. The minimum investment commitment required of non-related persons is $1,000,000 for each fund.
The company employs 18 people that are either part- or full-time employees. 44 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.
Jose Maria Amusategui has been acting as President since 1 Oct 2006. Juan Luis Perez joined the executive team most recently as the Chief Compliance Officer.
The principal office where Cygnus Asset Management Sgiic, Sa performs its advisory services is located at Principe De Vergara 112, Madrid, 28002, 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 0034917892268 or by fax 0034917892257. The normal business hours are 8am - 5pm gmt on Monday - Friday. You can find more information about the New York firm at cygnus-am.com and its LinkedIn profile.