Tekne Capital Management, LLC (New York)

Name: Tekne Capital Management, LLC
Address: 509 Madison Avenue, New York, NY, 10022
Telephone: 212.300.9530

Tekne Capital Management, LLC is a large advisory firm based in New York. It manages $463.53 million of regulatory assets for 12 client accounts. It has been registered with the SEC as an adviser since 2012.

Tekne 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.

Tekne Capital Management: assets under management

The assets under management (AUM) of Tekne Capital Management, LLC is $463.53 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 345% since the beginning of its operation, and $411.29 million of the total AUM is attributable to clients outside of the United States.

The firm manages $463.53 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $38.63 million each.

Tekne Capital Management has custody of $417.24 million in cash and securities for 12 clients in total but doesn’t act as a qualified custodian.

Fees & Commissions

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

The only and largest group of clients of Tekne Capital Management is pooled investment vehicles with 12 clients and $463.53 million of assets under management. Among the 10 most similar advisory firms, Tekne Capital Management has the 3rd highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $463.53 million for 12 clients. 67% of the firm’s clients are foreign persons or businesses.

Tekne Capital Management also advises several private funds. Namely, two hedge funds and four private equity funds. The minimum investment commitment required of non-related persons ranges from $0 to $1,000,000.

Careers at Tekne Capital Management, LLC

The company employs 6 people that are either part- or full-time employees. 50 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
Beeneet Kothari	Chief executive officer and member	1 Jun 2012	75% - 100%	4675448
Benjamin Geoffrey Baker	Chief compliance officer and chief financial officer	1 Jul 2012	Other	4421744
Lp Tekne Capital Partners	Member	1 Jul 2015	75% - 100%	47-4367597

Indirect Owners

The SEC currently registers 2 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Tekne Capital Partners Gp Llc	General partner	1 Jul 2015	Other	47-4375870
Beeneet Kothari	Limited partner	1 Jul 2015	75% - 100%	4675448

Based in New York

The principal office where Tekne Capital Management, LLC performs its advisory services is located at 509 Madison Avenue, New York, NY 10022, 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 212.300.9530 or by fax 212.300.9531. The normal business hours are 9-5 on Monday - Friday. You can find more information about the New York firm at services.intralinks.com/?clientid=8046985515.