Balmoral Management Ii L.P. (Los Angeles)

Name: Balmoral Management Ii L.P.
Address: 11150 Santa Monica Boulevard, Los Angeles, CA, 90025 3988
Telephone: 310-473-3065

Balmoral Management Ii L.P. is a large advisory firm based in Los Angeles. It manages $454.96 million of regulatory assets for 6 client accounts. It has been registered with the SEC as an adviser since 2013 and has operated in the jurisdiction of California.

Balmoral Management Ii 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.

Balmoral Management Ii: assets under management

The assets under management (AUM) of Balmoral Management Ii L.P. is $454.96 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 168% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $454.96 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $75.83 million each.

Balmoral Management Ii has custody of $448.54 million in cash and securities for 6 clients in total but doesn’t act as a qualified custodian.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Balmoral Management Ii L.P. for their services and products based on a percentage of assets under management and performance-based fees. The adviser charges an additional fee when a set benchmark is outperformed. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Balmoral Management Ii serves?

The only and largest group of clients of Balmoral Management Ii is pooled investment vehicles with 6 clients and $454.96 million of assets under management. Among the 11 most similar advisory firms, Balmoral Management Ii has the highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $454.96 million for 6 clients. None of the firm’s clients are foreign persons or businesses.

Balmoral Management Ii also advises several private funds. Namely, six private equity funds. The minimum investment commitment required of non-related persons ranges from $100,000 to $2,500,000.

Careers at Balmoral Management Ii L.P.

The company employs 7 people that are either part- or full-time employees. 57 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 compensates 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
Balmoral Funds Llc	General partner	1 Feb 2012	Other	45-3788653
Samuel Martin Victor	Limited partner/managing director	1 Feb 2012	25% - 50%	1709044
Jonathan Album Victor	Limited partner/managing director	1 Feb 2012	25% - 50%	6111052
Robin Simon Nourmand	Cco/limited partner/principal	1 Feb 2012	25% - 50%	6111060
Rafael Astruc	Limited partner	1 Dec 2012	Other	4376684
Luke Daniel Mau	Chief compliance officer & chief financial officer	1 Mar 2018	Other	6926132
Robin Simon Nourmand	Limited partner & principal	1 Mar 2018	25% - 50%	6111060

Indirect Owners

The SEC currently registers 3 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Jonathan Album Victor	Member	1 Apr 2011	25% - 50%	6111052
Samuel Martin Victor	Member	1 Oct 2011	25% - 50%	1709044
Robin Simon Nourmand	Member	1 Oct 2011	25% - 50%	6111060

Based in Los Angeles

The principal office where Balmoral Management Ii L.P. performs its advisory services is located at 11150 Santa Monica Boulevard, Los Angeles, CA 90025 3988, 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 310-473-3065 or by fax 310-479-1740. The normal business hours are 9:00 am to 6:00 pm on Monday - Friday. You can find more information about the New York firm at balmoralfunds.com.