Ofs Capital Management, LLC is a large advisory firm based in Chicago. It manages $1.3 billion of regulatory assets for 9 client accounts. It has been registered with the SEC as an adviser since 2010 and has operated in the jurisdictions of California, Illinois, and New York.
Ofs Capital Management provides portfolio management for investment companies, portfolio management for pooled investment vehicles, and investment advisory services to proprietary funds. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Ofs Capital Management, LLC is $1.3 billion. The firm's AUM has grown by 93% since the beginning of its operation, and $36.69 million of the total AUM is attributable to clients outside of the United States.
The advisory firm has several streams of revenue. Clients pay Ofs Capital Management, LLC 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.
The firm provides services to investment companies, pooled investment vehicles, and business development companies. The largest group of clients of Bilal (Nmn) Rashid is pooled investment vehicles with 4 clients and $739.74 million of assets under management. Among the 9 most similar advisory firms, Ofs Capital Management has the 5th highest percentage of pooled investment vehicles out of all clients.
The amount of regulatory assets under management is $1.26 billion for 7 clients. 33% of the firm’s clients are foreign persons or businesses.
Ofs Capital Management also advises several private funds. Namely, three securitized asset funds. The minimum investment commitment required of non-related persons is $100,000 for each fund.
The company employs 48 people that are either part- or full-time employees. 54 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.
Bilal (Nmn) Rashid has been acting as President since 1 Mar 2010. Glenn Robert Pittson has served as the Chief Investment Officer since 1 Mar 2010. Mukya Sue Denise Porter joined the executive team most recently as the Chief Compliance Officer.
The principal office where Ofs Capital Management, LLC performs its advisory services is located at 10 South Wacker Drive, Chicago, IL 60606, which is also the mailing address of the firm. An additional office of the firm is in Los Angeles, CA. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 847-734-2000 or by fax 847-734-7910. The normal business hours are 9am - 5pm (cst) on Monday - Friday. You can find more information about the New York firm at ofsmanagement.com.