400 Capital Management LLC (New York)


400 Capital Management LLC is a large advisory firm based in New York. It manages $7.81 billion of regulatory assets for 21 client accounts. It has been registered with the SEC as an adviser since 2012.

400 Capital Management 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.

400 Capital Management: assets under management

The assets under management (AUM) of 400 Capital Management LLC is $7.81 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 2472% since the beginning of its operation, and $5.09 billion of the total AUM is attributable to clients outside of the United States.

The firm manages $7.81 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $371.7 million each.
400 Capital Management has custody of $1.61 billion in cash and securities for 13 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in other assets the most. They account for 90% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 5% of the firm’s portfolio. Investments in government bonds form 3% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay 400 Capital Management LLC for their services and products based on a percentage of assets under management, fixed fees, 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 400 Capital Management serves?

The only and largest group of clients of 400 Capital Management is pooled investment vehicles with 14 clients and $7.14 billion of assets under management. Among the 4 most similar advisory firms, 400 Capital Management has the 2nd lowest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $7.14 billion for 14 clients. 48% of the firm’s clients are foreign persons or businesses.

400 Capital Management also advises several private funds. Namely, eight hedge funds and six private equity funds. The minimum investment commitment required of non-related persons ranges from $0 to $5,000,000.

Careers at 400 Capital Management LLC

The company employs 42 people that are either part- or full-time employees. 40 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


Name Entity Date acquired Ownership Employer ID
Christopher Carl Hentemann Managing member 1 Oct 2008 25% - 50% 2125625
Heloisa Chaney Chief operating officer 1 Oct 2008 Other 4437480
Christopher C Hentemann Managing member 1 Oct 2008 25% - 50% 2125625
Heloisa D Chaney Chief operating officer 1 Oct 2008 Other 4437480
Alexander In Cha Head of portfolio management and trading 1 Apr 2010 Other 2827519
William Clarence Sanders President and chief risk officer 1 Apr 2010 Other 1939929
William C Sanders Chief compliance officer 1 Apr 2010 Other 1939929
Todd Christopher Leih Portfolio manager 1 Mar 2011 Other 4588485
John R Bateman Chief financial officer 1 Apr 2013 Other 4959525
Kara Beth Bingham Chief compliance officer 1 Mar 2015 Other 5928424
Christopher Carl Hentemann Director (relying adviser) 1 Jan 2016 Other 2125625
400 Capital Management Llc Shareholder of relying adviser 1 Jan 2016 75% - 100% 26-3489627
Alan Greg Landy Chief compliance officer (filing adviser) 1 May 2016 Other 6645020
Sang Min Kim Deputy chief operating officer and chief financial officer (filing adviser) 1 Oct 2016 Other 4948477

Based in New York

The principal office where 400 Capital Management LLC performs its advisory services is located at 510 Madison Ave, New York, NY 10022, 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 (212) 612-3101 or by fax (212) 207-3208. The normal business hours are 8:30am-6:00pm on Monday - Friday. You can find more information about the New York firm at 400capital.com and its LinkedIn profile.