Penserra Capital Management LLC (Orinda)


Penserra Capital Management LLC is a large advisory firm based in Orinda. It manages $1.2 billion of regulatory assets for 9 client accounts. It has been registered with the SEC as an adviser since 2014 and has operated in the jurisdictions of California and New York.

Penserra Capital Management provides portfolio management for investment companies, portfolio management for pooled investment vehicles, and transition management. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Penserra Capital Management: assets under management

The assets under management (AUM) of Penserra Capital Management LLC is $1.2 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 59900% since the beginning of its operation, and $2 million of the total AUM is attributable to clients outside of the United States.

The firm manages $1.2 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $133.33 million each.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Penserra Capital Management LLC for their services and products based on a percentage of assets under management and fixed fees. Flat-fee based compensation is the most transparent and the one you can safely predict in advance. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Penserra Capital Management serves?

The only and largest group of clients of Penserra Capital Management is investment companies with 9 clients and $1.2 billion of assets under management. Among the 7 most similar advisory firms, Penserra Capital Management has the highest percentage of investment companies out of all clients.

The amount of regulatory assets under management is $1.2 billion for 9 clients. 11% of the firm’s clients are foreign persons or businesses.

Penserra Capital Management doesn't advise any private funds.

Careers at Penserra Capital Management LLC

The company employs 17 people that are either part- or full-time employees. 53 percent of the employees work as investment advisers or researchers. 9 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
George Madrigal President and ceo 1 Aug 2009 25% - 50% 3204950
Anthony Castelli Chief compliance officer and risk manager 1 Aug 2011 Other 4409925
Llc Penserra Securities Affiliate broker/dealer 1 Sep 2014 Other 145994
Dustin Allen Lewellyn Managing director 1 Sep 2014 25% - 50% 4211012
Penserra Financial Ventures Holding company 1 Nov 2015 Other 47-5328987
Ernesto David Tong Managing director 1 Mar 2016 Other 5414392

Indirect Owners

The SEC currently registers 1 indirect owner.

Name Entity Date acquired Ownership Employer ID
George Madrigal President 1 Dec 2007 25% - 50% 3204950

Based in Orinda

The principal office where Penserra Capital Management LLC performs its advisory services is located at 4 Orinda Way, Orinda, CA 94563, which is also the mailing address of the firm. An additional office of the firm is in Chicago, IL. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 800-456-8850 or by fax 866-340-8584. The normal business hours are 5am-2pm on Monday - Friday. You can find more information about the New York firm at penserra.com.