Dekania Capital Management, LLC (New York)

Name: Dekania Capital Management, LLC
Address: 3 Columbus Circle, New York, NY, 10019
Telephone: 215 701-9555

Dekania Capital Management, LLC is a large advisory firm based in New York. It manages $138.97 million of regulatory assets for 2 client accounts. It has been registered with the SEC as an adviser since 2005 and has operated in the jurisdiction of Pennsylvania.

Dekania Capital Management provides portfolio management for businesses and institutional clients and manage collateralized debt obligation (cdo). It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Dekania Capital Management: assets under management

The assets under management (AUM) of Dekania Capital Management, LLC is $138.97 million. The firm's AUM has gone down by -94% since the beginning of its operation, and $96.97 million of the total AUM is attributable to clients outside of the United States.

The firm manages $96.97 million in discretionary accounts and $42 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $96.97 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $42 million.

Dekania Capital Management has custody of $373.35 thousand in cash and securities for 1 client in total but doesn’t act as a qualified custodian.

Investments

The firm invests in non-exchange traded securities the most. They account for 100% of the total AUM.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Dekania Capital Management, LLC for their services and products based on a percentage of assets under management. 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 Daniel Gideon Cohen serves?

The only and largest group of clients of Daniel Gideon Cohen is pooled investment vehicles with 1 clients and $96.97 million of assets under management. Among the 8 most similar advisory firms, Dekania Capital Management has the 3rd highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $96.97 million for 1 clients. 50% of the firm’s clients are foreign persons or businesses.

Dekania Capital Management also advises several private funds. Namely, one securitized asset fund.

Careers at Dekania Capital Management, LLC

The company employs 8 people that are either part- or full-time employees. 25 percent of the employees work as investment advisers or researchers. Only one employee is registered as an investment adviser representative with the state securities authorities.

There’s a single person 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.

Daniel Gideon Cohen has been acting as President since 1 Jun 2003. Shami Jitendra Patel has served as the Chief Investment Officer since 1 Sep 2004. Kenneth Richard Smith joined the executive team most recently as the Chief Compliance Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Llc Dekania Investor's	Member	1 Jun 2003	75% - 100%	54-2122809
Daniel Gideon Cohen	Chairman	1 Jun 2003	Other	4385288
James Joseph Mcentee	Chief operations officer	1 Jun 2003	Other	4636674
Michael Craig Shenkman	Chief financial officer	1 Jun 2003	Other	4049356
Peter Opoku Addei	Chairman	1 Jun 2003	Other	4385288
Shami Jitendra Patel	Chief investment officer	1 Sep 2004	Other	1739169
Kenneth Richard Smith	Chief compliance officer	1 Oct 2004	Other	2300203
Christopher Ricciardi	President	1 Mar 2006	Other	2161899
Joseph Pooler	Chief financial officer	1 Nov 2007	Other	5478932
Joseph William Pooler	Chief financial officer	1 Nov 2007	Other	5478932
Samuel Hunt Hillier	Director	1 Dec 2008	Other	5168503
Audrea Winston Washington	Chief compliance officer	1 Mar 2011	Other	2780691
Peter Opoku Addei	Director	1 Mar 2011	Other	4255824
Rachael Fink	Chief compliance officer	1 Oct 2011	Other	5371366
Rachel Nmn Fink	Chief compliance officer	1 Oct 2011	Other	5371366
Rachel Fink	Chief compliance officer	1 Oct 2011	Other	5371366
Kenneth Richard Smith	Chief compliance officer	1 Feb 2017	Other	2300203

Indirect Owners

The SEC currently registers 6 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Daniel Gideon Cohen	Member	1 Oct 2001	75% - 100%	4385288
Llc Cohen Bros. Financial	Owner	1 Jun 2003	75% - 100%	30-0071447
Llc Cohen Bros. Financial	Member	1 Apr 2005	25% - 50%	30-0071447
Llc (F/K/A Cohen Brothers Llc) Ifmi	Member	1 Apr 2005	75% - 100%	01-0825075
Llc Cohen Brothers	Owner	1 Apr 2005	75% - 100%	01-0825075
Inc. Institutional Financial Markets	Member	1 Dec 2009	50% - 75%	16-1685692

Based in New York

The principal office where Dekania Capital Management, LLC performs its advisory services is located at 3 Columbus Circle, New York, NY 10019, 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 215 701-9555. The normal business hours are 8:30 a.m. to 5:00 p.m. on Monday - Friday. You can find more information about the New York firm at ifmi.com.