Blacksand Capital Management I, LLC (Honolulu)

Blacksand Capital Management I 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.

Blacksand Capital Management I: assets under management

The assets under management (AUM) of Blacksand Capital Management I, LLC is $48.25 million, all of which is managed in discretionary accounts. The firm's AUM has gone down by -67% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $48.25 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $24.13 million each.

Blacksand Capital Management I has custody of $48.25 million in cash and securities for 2 clients in total but doesn’t act as a qualified custodian.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Blacksand Capital Management I, 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 Blacksand Capital Management I serves?

The only and largest group of clients of Blacksand Capital Management I is pooled investment vehicles with 2 clients and $48.25 million of assets under management. Among the 2 most similar advisory firms, Blacksand Capital Management I has the highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $48.25 million for 2 clients. None of the firm’s clients are foreign persons or businesses.

Blacksand Capital Management I also advises several private funds. Namely, two real estate funds. The minimum investment commitment required of non-related persons ranges from $1,000,000 to $10,000,000.

Careers at Blacksand Capital Management I, LLC

The company employs 8 people that are either part- or full-time employees. 88 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 4 indirect owners.

Based in Honolulu

The principal office where Blacksand Capital Management I, LLC performs its advisory services is located at 1288 Ala Moana Boulevard, Honolulu, HI 96814 4233, 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 808-738-8400 or by fax 808-681-7407. The normal business hours are 8:00 a.m. to 5:00 p.m. on Monday - Friday. You can find more information about the New York firm at blacksandcapital.com/.

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