Hermes Sourcecap Limited (London)

Name: Hermes Sourcecap Limited
Address: Lloyds Chambers, London, E1 8 Hz
Telephone: +44 207 702 0888

Hermes Sourcecap Limited is a large advisory firm based in London. It manages $4.44 billion of regulatory assets for 20 client accounts. It has been registered with the SEC as an adviser since 2009.

Hermes Sourcecap Limited provides portfolio management for pooled investment vehicles and 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.

Hermes Sourcecap Limited: assets under management

The assets under management (AUM) of Hermes Sourcecap Limited is $4.44 billion. The firm's AUM has grown by 459% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $4.28 billion in discretionary accounts and $156.87 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $252.02 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $52.29 million.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Hermes Sourcecap Limited for their services and products based on a percentage of assets under management, fixed fees, 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.

Careers at Hermes Sourcecap Limited

Saker Anwar Nusseibeh has been acting as President since 1 Dec 2009. Gillian Marjorie Clarke joined the executive team most recently as the Chief Compliance Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Victor Louis Hymes	Director	1 Sep 2006	Other	1164580
Robert Andrew Parry	Director, ceo, cco	1 Jun 2007	Other	5074310
James Wilkie Rutherford	Director, cio	1 Jun 2007	Other	5314424
Robert Andrew Parry	Director and ceo	1 Jun 2008	Other	5074310
James Wilkie Rutherford	Director, cio	1 Jun 2008	Other	5314424
Legato Capital Management Ventures Llc	Shareholder	1 Nov 2008	Other	20-4148473
Victor Louis Hymes	Director	1 Nov 2008	Other	1164580
Hermes Fund Managers Limited	Shareholder	1 Dec 2009	50% - 75%	foreign
Saker Anwar Nusseibeh	Director	1 Dec 2009	Other	4354094
Nigel David Bongard	Chief compliance officer	1 Dec 2009	Other	4411766
Rupert James Clarke	Director	1 Dec 2009	Other	5745381
Stephen Allen	Director	1 Apr 2012	Other	5953867
Ashleigh Lorraine Simms	Chief compliance officer	1 Mar 2014	Other	6312577
Ian Marshall Kennedy	Director	1 Oct 2015	Other	6566903
Gillian Marjorie Clarke	Chief compliance officer	1 Jun 2016	Other	5775727

Indirect Owners

The SEC currently registers 5 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Britel Fund Trustees Limited	Sole shareholder	1 Dec 1982	75% - 100%	foreign
Britel Fund Nominees Limited	Sole shareholder	1 Mar 1983	75% - 100%	foreign
Britel Fund Trustees Limited	Sole shareholder	1 Mar 1983	75% - 100%	foreign
Bt Pension Scheme Trustees Limited	Corporate trustee	1 Mar 1983	Other	foreign
California Public Employees' Retirement System	Managing member	1 Sep 2006	75% - 100%	94-4207465

Based in London

The principal office where Hermes Sourcecap Limited performs its advisory services is located at Lloyds Chambers, London, E1 8 Hz, which is also the mailing address of the firm. The firm also has an office outside of the United States.

You can reach the main office by calling the phone number +44 207 702 0888 or by fax +44 207 702 9452. The normal business hours are 9am - 5pm gmt on Monday - Friday. You can find more information about the New York firm at hermes-investment.com.