The CANARAS CAPITAL MANAGEMENT, LLC is a privately held investment adviser that advises $568mn in regulatory assets under management held in 2 SEC fund types across 3 investment strategies. CANARAS CAPITAL MANAGEMENT, LLC is a Private Fund A private fund manager is a manager whose >=75% of total assets under management are in private funds (privately offered pooled vehicles for accredited or qualified investors, generally accessed through placements with higher minimums, restricted eligibility, and negotiated terms) Manager. Assets decreased by 67.66% over the last 5-years.
The Group has been registered with the SEC for 19.3 years and is comprised of 1 filing and 1 relying advisers. They operate out of 1 office location with their Headquarters at 1540 BROADWAY SUITE 1630, NEW YORK, NEW YORK. The Group has not been subject to regulatory enforcement actions. They are regulated by 3 US and Non-US bodies.
They have 10 employees comprised of 8 investment and 2 non-investment staff. The total number of Employees decreased by 44.44% over the last 5-years.
Their $568mn in assets advised are owned by 8 private funds, 0 public funds and BDCs and 0 other accounts. Assets of Pooled Investment Vehicles (Not IC or BDC) clients total $568mn or 100% of Total Assets.
The Group's top investment strategies include FI/Credit - Asset Backed Securities, FI/Credit - Diverse and Long/Short Equity, representing 82.33%, 13.07% and 4.59% of total assets, respectively.
They advise 1 types of clients, top clients are Pooled Investment Vehicles (Not IC or BDC).
The Group uses 3 Fund Administrators, 2 Fund Auditors, 0 Prime Brokers, 2 Custodians and 1 Marketers. It does not report a third-party Fund Administrator in 0 private funds with $0 in assets.
The Group discloses management fees and performance-based fees.
CANARAS CAPITAL MANAGEMENT, LLC names 0 sub-advisers to 0 different funds advised by the group. The Group has been named as the sub-adviser to 0 funds.