Newfoundland Capital Management (Sao Paulo, Sp)

Name: Newfoundland Capital Management
Address: Rua Dr Renato Paes De Barros, Sao Paulo, Sp, 04530 001
Telephone: +55 (11) 5180-3311

Newfoundland Capital Management is a large advisory firm based in Sao Paulo, Sp. It manages $1.28 billion of regulatory assets for 4 client accounts. It has been registered with the SEC as an adviser since 2014.

Newfoundland Capital 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.

Newfoundland Capital Management: assets under management

The assets under management (AUM) of Newfoundland Capital Management is $1.28 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 801% since the beginning of its operation, and $1.22 billion of the total AUM is attributable to clients outside of the United States.

The firm manages $1.28 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $319.85 million each.

Newfoundland Capital Management has custody of $63.93 million in cash and securities for 2 clients in total but doesn’t act as a qualified custodian.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Newfoundland Capital Management 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 Jonathan Myles Rosenthal serves?

The only and largest group of clients of Jonathan Myles Rosenthal is pooled investment vehicles with 4 clients and $1.28 billion of assets under management. Among the 9 most similar advisory firms, Newfoundland Capital Management has the 3rd highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $1.28 billion for 4 clients. 50% of the firm’s clients are foreign persons or businesses.

Newfoundland Capital Management also advises several private funds. Namely, three hedge funds. The minimum investment commitment required of non-related persons ranges from $100,000 to $250,000.

Careers at Newfoundland Capital Management

The company employs 13 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.

Jonathan Myles Rosenthal has been acting as President since 1 Mar 2009. Eric Macchione Monteiro D Fonseca joined the executive team most recently as the Managing Partner/Director.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Jonathan Myles Rosenthal	Managing partner/director	1 Mar 2009	50% - 75%	4560872
Eric Macchione Monteiro D Fonseca	Managing partner/director	1 Mar 2009	50% - 75%	4944600
Andre Caradonna Kherlakian	Chief compliance officer/chief operating officer	1 Mar 2009	Other	6252729

Based in Sao Paulo, Sp

The principal office where Newfoundland Capital Management performs its advisory services is located at Rua Dr Renato Paes De Barros, Sao Paulo, Sp, 04530 001, which is also the mailing address of the firm. An additional office of the firm is in South Miami, FL. The firm also has an office outside of the United States.

You can reach the main office by calling the phone number +55 (11) 5180-3311. The normal business hours are 8:00 am - 6:00 pm on Monday - Friday. You can find more information about the New York firm at newfcap.com.