Hmi Capital, LLC (San Francisco)

Name: Hmi Capital, LLC
Address: 555 California Street, San Francisco, CA, 94104
Telephone: 415-391-9500

Hmi Capital, LLC is a large advisory firm based in San Francisco. It manages $1.72 billion of regulatory assets for 3 client accounts. It has been registered with the SEC as an adviser since 2012.

Hmi 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.

Hmi Capital: assets under management

The assets under management (AUM) of Hmi Capital, LLC is $1.72 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 1023% since the beginning of its operation, and $78.73 million of the total AUM is attributable to clients outside of the United States.

The firm manages $1.72 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $573.33 million each.

Hmi Capital has custody of $1.72 billion in cash and securities for 3 clients in total but doesn’t act as a qualified custodian.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Hmi Capital, 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 Hmi Capital serves?

The only and largest group of clients of Hmi Capital is pooled investment vehicles with 3 clients and $1.72 billion of assets under management. Among the 10 most similar advisory firms, Hmi Capital has the highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $1.72 billion for 3 clients. 33% of the firm’s clients are foreign persons or businesses.

Hmi Capital also advises several private funds. Namely, two hedge funds. The minimum investment commitment required of non-related persons is $5,000,000 for each fund.

Careers at Hmi Capital, LLC

The company employs 10 people that are either part- or full-time employees. 60 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
Justin Carr Nyweide	Managing director	1 Feb 2008	25% - 50%	6029951
Emily Mackenzie Brakebill	Cco	1 Feb 2008	Other	6029954
Marco Warren Hellman	Managing partner	1 Oct 2008	25% - 50%	4367230
Marco Warren Hellman	Managing member	1 Nov 2008	25% - 50%	4367230
Justin Carr Nyweide	Managing director	1 Feb 2009	25% - 50%	6029951
Emily Mackenzie Brakebill	Managing director, chief compliance officer	1 Feb 2009	Other	6029954
L.P. Pacific Avenue Group	Limited partner	1 Feb 2009	Other	94-3192516
Mtb Liquid Llc	Limited partner	1 Feb 2009	Other	45-3802490
Mtb Illiquid Llc	Member	1 Jan 2013	Other	45-3802399
Sean Michael Barrett	Partner	1 Jan 2016	Other	4987710
Jonathan Wu	Chief financial officer	1 Jan 2018	Other	5144712
Radhakrishnan Raman Mahendran	Partner	1 Jan 2018	Other	5685025

Indirect Owners

The SEC currently registers 1 indirect owner.

Name	Entity	Date acquired	Ownership	Employer ID
Kathryn Ann Hall	Manager	1 Jan 2013	Other	1307798

Based in San Francisco

The principal office where Hmi Capital, LLC performs its advisory services is located at 555 California Street, San Francisco, CA 94104, which is also the mailing address of the firm. An additional office of the firm is in Wellesley, MA. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 415-391-9500 or by fax 415-391-9505. The normal business hours are 7:30 am - 5:30 pm on Monday - Friday. You can find more information about the New York firm at hmicapital.com.