Yiheng Capital, LLC (San Francisco)

Yiheng Capital, LLC is a large advisory firm based in San Francisco. It manages $1.2 billion of regulatory assets for 4 client accounts. It has been registered with the SEC as an adviser since 2013 and has operated in the jurisdiction of California.

Yiheng Capital 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.

Yiheng Capital: assets under management

The assets under management (AUM) of Yiheng Capital, LLC is $1.2 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 677% since the beginning of its operation, and $310.29 million of the total AUM is attributable to clients outside of the United States.

The firm manages $1.2 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $300.31 million each.

Yiheng Capital has custody of $1.2 billion in cash and securities for 4 clients in total but doesn’t act as a qualified custodian.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Yiheng Capital, LLC 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.

What kind of clients Yiheng Capital serves?

The only and largest group of clients of Yiheng Capital is pooled investment vehicles with 4 clients and $1.2 billion of assets under management. Among the 6 most similar advisory firms, Yiheng Capital has the 2nd highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $1.2 billion for 4 clients. 25% of the firm’s clients are foreign persons or businesses.

Yiheng Capital also advises several private funds. Namely, one hedge fund and two other private funds. The minimum investment commitment required of non-related persons ranges from $100,000 to $4,000,000.

Careers at Yiheng Capital, LLC

The company employs 11 people that are either part- or full-time employees. 55 percent of the employees work as investment advisers or researchers. Only one employee is registered as an investment adviser representative 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

Name	Entity	Date acquired	Ownership	Employer ID
Yuanshan Guo	Managing director	1 Oct 2008	50% - 75%	6050259
Peter Martin Joost	Member	1 Oct 2008	Other	5776629
Janet Ji	Chief compliance officer	1 Nov 2012	Other	6165464

Based in San Francisco

The principal office where Yiheng Capital, LLC performs its advisory services is located at 101 California Street, San Francisco, CA 94111, 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 415-582-6360 or by fax 415-582-6343. The normal business hours are 7am to 4pm pst on Monday - Friday.