Systima Capital Management LLC (Chicago)

Name: Systima Capital Management LLC
Address: 444 West Lake St, Chicago, IL, 60606
Telephone: 312-481-7229

Systima Capital Management LLC is a large advisory firm based in Chicago. It manages $167.61 million of regulatory assets for 3 client accounts. It has been registered with the SEC as an adviser since 2014 and has operated in the jurisdiction of Illinois.

Systima Capital Management provides 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.

Systima Capital Management: assets under management

The assets under management (AUM) of Systima Capital Management LLC is $167.61 million. The firm's AUM has grown by 123% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $97.93 million in discretionary accounts and $69.68 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $97.93 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $34.84 million.

Investments

The firm invests in other assets the most. They account for 100% of the total AUM.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Systima Capital Management 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 Systima Capital Management serves?

The only and largest group of clients of Systima Capital Management is pension and profit sharing plans with 1 clients and $97.93 million of assets under management. Among the 7 most similar advisory firms, Systima Capital Management has the highest percentage of pension and profit sharing plans out of all clients.

The amount of regulatory assets under management is $97.93 million for 1 clients. None of the firm’s clients are foreign persons or businesses.

Systima Capital Management also advises several private funds. Namely, two private equity funds. The minimum investment commitment required of non-related persons ranges from $3,000,000 to $37,983,000.

Careers at Systima Capital Management LLC

The company employs 5 people that are either part- or full-time employees. 100 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.

Conor (Nmn) O'grady joined the executive team most recently as the Chief Compliance Officer And Chief Financial Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
John Nicholas Varones	Chief executive officer, managing member	1 Aug 2010	75% - 100%	4992106
John Varones	Chief executive officer	1 Aug 2010	75% - 100%	4992106
Ryan Michael Paszczykowski	Managing director	1 Mar 2014	Other	6315124
Kathleen Gugler Danilchick	Chief compliance officer	1 Aug 2016	Other	3174890
Aose Holdings I Llc	Member	1 Jan 2019	75% - 100%	83-3811072
Conor (Nmn) O'grady	Chief compliance officer and chief financial officer	1 Aug 2019	Other	7164752

Indirect Owners

The SEC currently registers 1 indirect owner.

Name	Entity	Date acquired	Ownership	Employer ID
John Nicholas Varones	Managing member	1 Dec 2018	75% - 100%	4992106

Based in Chicago

The principal office where Systima Capital Management LLC performs its advisory services is located at 444 West Lake St, Chicago, IL 60606, 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 312-481-7229 or by fax NONE. The normal business hours are 8:00am - 5:00pm on Monday - Friday. You can find more information about the New York firm at systimacapital.com/.