Cello Capital Management, LP (New York)

Name: Cello Capital Management, LP
Address: 12 East 49 Th Street, New York, NY, 10017
Telephone: 212-624-0300

Cello Capital Management, LP is a large advisory firm based in New York. It manages $349.81 million of regulatory assets for 4 client accounts. It has been registered with the SEC as an adviser since 2015.

Cello 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.

Cello Capital Management: assets under management

The assets under management (AUM) of Cello Capital Management, LP is $349.81 million, all of which is managed in discretionary accounts. The firm's AUM has gone down by -35% since the beginning of its operation, and $279.99 million of the total AUM is attributable to clients outside of the United States.

The firm manages $349.81 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $87.45 million each.

Investments

The firm invests in government bonds the most. They account for 89% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 9% of the firm’s portfolio. Investments in derivatives form 2% of the total invested assets.

Fees & Commissions

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

The firm provides services to pooled investment vehicles and pension and profit sharing plans. The largest group of clients of Cello Capital Management is pension and profit sharing plans with 1 clients and $276.53 million of assets under management. Among the 6 most similar advisory firms, Cello Capital Management has the highest percentage of pension and profit sharing plans out of all clients.

The amount of regulatory assets under management is $349.81 million for 4 clients. 80% of the firm’s clients are foreign persons or businesses.

Cello Capital Management also advises several private funds. Namely, one hedge fund. The minimum investment commitment required of non-related persons is $3,000,000 for each fund.

Careers at Cello Capital Management, LP

The company employs 16 people that are either part- or full-time employees. 31 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
Antoine Philippe Schetritt	Managing partner	1 Jun 2009	75% - 100%	2225096
Jiang Yi Ho	Partner	1 Jan 2012	Other	6174289
Elizabeth Hope Styron	Chief compliance officer	1 Feb 2012	Other	6029502
Dennis Okumu Ouma	Chief financial officer	1 Mar 2014	Other	5148934
Llc Cello Capital Management Gp	General partner	1 Apr 2014	Other	47-1346765
Dennis Okumu Ouma	Chief operating officer/chief compliance officer	1 Jul 2015	Other	5148934
Sharad Chaudhary	Limited partner	1 Apr 2017	Other	2770709

Indirect Owners

The SEC currently registers 1 indirect owner.

Name	Entity	Date acquired	Ownership	Employer ID
Antoine Philippe Schetritt	Managing member	1 Apr 2014	75% - 100%	2225096

Based in New York

The principal office where Cello Capital Management, LP performs its advisory services is located at 12 East 49 Th Street, New York, NY 10017, 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 212-624-0300 or by fax 646-355-2811. The normal business hours are 8 am - 5 pm on Monday - Friday. You can find more information about the New York firm at cellocapital.com and its LinkedIn profile.