The FIRST TURN MANAGEMENT is a privately held investment adviser that advises $900.12mn in regulatory assets under management held in 1 SEC fund types across 2 investment strategies. FIRST TURN MANAGEMENT is a SMA An SMA manager is a manager whose >=75% of total assets under management are in separately managed accounts, which are discretionary client-specific accounts rather than pooled vehicles. Manager. Assets increased by 26.48% over the last 2-years.
The Group has been registered with the SEC for 2.93 years and is comprised of 1 filing and 0 relying advisers. They operate out of 2 office locations with their Headquarters at 674 VIA DE LA VALLE SUITE 308, SOLANA BEACH, CALIFORNIA. The Group has not been subject to regulatory enforcement actions. They are regulated by 1 US and Non-US bodies.
They have 4 employees comprised of 4 investment and 0 non-investment staff. The total number of Employees increased by 100% over the last 2-years.
Their $900.12mn in assets advised are owned by 3 private funds, 0 public funds and BDCs and 1 other account. Assets of Sovereign Wealth Funds and Foreign Official Institutions clients own $807.05mn or 89.66% of Total Assets and Pooled Investment Vehicles (Not IC or BDC) own $93.07mn or 10.34% of Total Assets.
The Group's top investment strategies include Multi Strat and Long/Short Equity, representing 93.24% and 6.76% of total assets, respectively.
They advise 2 types of clients, top clients are Sovereign Wealth Funds and Foreign Official Institutions and Pooled Investment Vehicles (Not IC or BDC).
The Group uses 1 Fund Administrators, 1 Fund Auditors, 1 Prime Brokers, 1 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.
FIRST TURN 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.