Nassau Coramerica LLC (El Segundo)

Name: Nassau Coramerica LLC
Address: 1960 East Grand Avenue, El Segundo, CA, 90245
Telephone: (310) 606-8440

Nassau Coramerica LLC is an adviser based in El Segundo. It manages $1.15 billion of regulatory assets for 2 client accounts. It has been registered with the SEC as an adviser since 2018 and has operated in the jurisdiction of California.

Nassau Coramerica provides portfolio management for businesses and institutional clients. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Nassau Coramerica: assets under management

The assets under management (AUM) of Nassau Coramerica LLC is $1.15 billion. The firm's AUM has gone down by -41% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $798.85 million in discretionary accounts and $346.73 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $798.85 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $346.73 million.

Nassau Coramerica has custody of $101.8 thousand in cash and securities for 1 client in total but doesn’t act as a qualified custodian.

Investments

The firm invests in other assets the most. They account for 100% of the total AUM.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Nassau Coramerica 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.

Careers at Nassau Coramerica LLC

The company employs 14 people that are either part- or full-time employees. 21 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.

Phillip John Gass has been acting as President since 1 Dec 2016. Lp Golden Gate Capital Opportunity Fund joined the executive team most recently as the Limited Partner.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
William Matthew Petak	Chief executive officer and director	1 Jan 2009	Other	6393137
Chien Huang Chen	Chief operating officer	1 Sep 2014	Other	6398739
Nassau Asset Management Llc	Member	1 Dec 2016	75% - 100%	87-0773412
Phillip John Gass	Director	1 Dec 2016	Other	4443202
Kostas Cheliotis	Director	1 Dec 2016	Other	6765847
John Herbert Roth	Counsel, chief compliance officer and secretary	1 Mar 2017	Other	5938907

Indirect Owners

The SEC currently registers 8 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
L.P. Ggc Opportunity Fund Management	General partner	1 Jul 2007	Other	98-0546997
Lp Golden Gate Capital Opportunity Fund	Limited partner	1 Apr 2018	50% - 75%	98-0546998
L.P. Golden Gate Capital Opportunity Fund A	Member	1 Apr 2018	25% - 50%	98-0546999
L.P. Nassau Group Holdings	Member	1 Apr 2018	75% - 100%	98-1421752
Nassau Group Holdings Gp Ltd.	General partner	1 Apr 2018	Other	98-1421610
L.P. Nassau Namco Splitter	Limited partner	1 Apr 2018	75% - 100%	98-1436133
Llc Nassau Namco Blocker	Limited partner	1 Apr 2018	25% - 50%	98-1431501
L.P. Ggc Opportunity Fund Management	General partner	1 Apr 2018	Other	98-0546997

Based in El Segundo

The principal office where Nassau Coramerica LLC performs its advisory services is located at 1960 East Grand Avenue, El Segundo, CA 90245, 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) 606-8440 or by fax (310) 606-8450. The normal business hours are 9:00 am - 5:00 pm on Monday - Friday. You can find more information about the New York firm at linkedin.com/company/coramerica-capital-llc.