Turner Alternative Investments, LLC (Berwyn)

Name: Turner Alternative Investments, LLC
Address: 1205 Westlakes Drive, Berwyn, PA, 19312
Telephone: 484-329-2394

Turner Alternative Investments, LLC is an adviser based in Berwyn. It manages $9.13 million of regulatory assets for 8 client accounts. It has been registered with the SEC as an adviser since 2004 and has operated in the jurisdiction of Pennsylvania.

Turner Alternative Investments provides portfolio management for investment companies and 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.

Turner Alternative Investments: assets under management

The assets under management (AUM) of Turner Alternative Investments, LLC is $9.13 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 0% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $9.13 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $1.14 million each.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Turner Alternative Investments, 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.

Careers at Turner Alternative Investments, LLC

Turner Alternative Investments, LLC is owned by Mark A Turner. Baystar Asset Management joined the executive team most recently as the Limited Partner.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Thomas Robert Trala	Board member, chief operating officer and financial officer	1 Dec 2001	Other	4345464
Gary Edward Shugrue	President,chief investment officer, member and board member	1 Dec 2001	25% - 50%	849634
Robert Eugene Turner	Board member	1 Dec 2001	Other	731362
Turner Investment Partners Inc	Member	1 Dec 2001	75% - 100%	105954
Baystar Asset Management	Limited partner	1 May 2004	Other	77-0625314
Mark A Turner	Owner	1 May 2004	Other	4195920
Christopher Kevin Mchugh	Owner	1 May 2004	Other	2333153

Indirect Owners

The SEC currently registers 1 indirect owner.

Name	Entity	Date acquired	Ownership	Employer ID
Robert Eugene Turner	Chairman and chief investment officer	1 Mar 1990	50% - 75%	731362

Based in Berwyn

The principal office where Turner Alternative Investments, LLC performs its advisory services is located at 1205 Westlakes Drive, Berwyn, PA 19312, 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 484-329-2394 or by fax 484-329-2694. The normal business hours are 8:00 am - 5:00 pm on Monday - Friday. You can find more information about the New York firm at www.acpfunds.com.