The SOCORRO ASSET MANAGEMENT is a privately held investment adviser that advises $497.87mn in regulatory assets under management held in 1 SEC fund types across 1 investment strategies. SOCORRO ASSET MANAGEMENT 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 increased by 39.18% over the last 5-years.
The Group has been registered with the SEC for 7.12 years and is comprised of 1 filing and 0 relying advisers. They operate out of 1 office location with their Headquarters at 3131 TURTLE CREEK BLVD SUITE 205, DALLAS, TEXAS. The Group has not been subject to regulatory enforcement actions. They are regulated by 1 US and Non-US bodies.
They have 6 employees comprised of 3 investment and 3 non-investment staff. The total number of Employees increased by 20% over the last 5-years.
Their $497.87mn in assets advised are owned by 1 private fund, 0 public funds and BDCs and 7 other accounts. Assets of Pooled Investment Vehicles (Not IC or BDC) clients own $316.95mn or 63.66% of Total Assets and Insurance Companies own $49.05mn or 9.85% of Total Assets.
The Group's top investment strategies include Multi Strat, representing 100% of total assets, respectively.
They advise 5 types of clients, top clients are Pooled Investment Vehicles (Not IC or BDC) and Insurance Companies.
The Group uses 1 Fund Administrators, 1 Fund Auditors, 0 Prime Brokers, 1 Custodians and 0 Marketers. It does not report a third-party Fund Administrator in 0 private funds with $0 in assets.
The Group discloses advisory fees and management fees.
SOCORRO ASSET MANAGEMENT names 0 sub-advisers to 0 different funds advised by the group. The Group has been named as the sub-adviser to 0 funds.