Acon Latam Management, LLC is a large advisory firm based in Washington. It manages $865.07 million of regulatory assets for 24 client accounts. It has been registered with the SEC as an adviser since 2012 and has operated in the jurisdiction of District of Columbia.
Acon Latam Management 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.
The assets under management (AUM) of Acon Latam Management, LLC is $865.07 million. The firm's AUM has grown by 321% since the beginning of its operation, and $839.33 million of the total AUM is attributable to clients outside of the United States.
The advisory firm has several streams of revenue. Clients pay Acon Latam Management, 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.
The only and largest group of clients of Andre Bhatia is pooled investment vehicles with 24 clients and $865.07 million of assets under management. Among the 6 most similar advisory firms, Acon Latam Management has the 3rd highest percentage of pooled investment vehicles out of all clients.
The amount of regulatory assets under management is $865.07 million for 24 clients. 92% of the firm’s clients are foreign persons or businesses.
Acon Latam Management also advises several private funds. Namely, twenty four private equity funds. The minimum investment commitment required of non-related persons ranges from $500,000 to $5,000,000.
The company employs 39 people that are either part- or full-time employees. 62 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.
Andre Bhatia has been acting as President since 1 Nov 2008. Acon Investment Holdings L.L.C. joined the executive team most recently as the Member.
The principal office where Acon Latam Management, LLC performs its advisory services is located at 1133 Connecticut Avenue, Nw , Suite 700, Washington, DC 20036, 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 202-454-1100 or by fax 202-454-1101. The normal business hours are 9-5 on Monday - Friday. You can find more information about the New York firm at aconinvestments.com.