The MAIN MANAGEMENT, LLC is a privately held investment adviser that advises $9.76Bn in regulatory assets under management held in 3 SEC fund types across 5 investment strategies. MAIN MANAGEMENT, LLC is a Public Fund A public fund manager is a manager whose >=75% of total assets under management are in public funds (broadly accessible, exchange-listed investment vehicles available to retail investors with typically low minimums and clear, widely available information) Manager. Assets increased by 935.95% over the last 5-years.
The Group has been registered with the SEC for 23.77 years and is comprised of 3 filing and 0 relying advisers. They operate out of 2 office locations with their Headquarters at 601 CALIFORNIA STREET SUITE 300, SAN FRANCISCO, CA. The Group has not been subject to regulatory enforcement actions. They are regulated by 1 US and Non-US bodies.
They have 46 employees comprised of 42 investment and 4 non-investment staff. The total number of Employees increased by 206.67% over the last 5-years.
Their $9.76Bn in assets advised are owned by 4 private funds, 4 public funds and BDCs and 32 other accounts. Assets of Investment Companies (IC) clients own $7.93Bn or 81.2% of Total Assets and High Net Worth Individuals own $1.01Bn or 10.32% of Total Assets.
The Group's top investment strategies include Long/Short Equity, Multi Strat and Traditional LBO, representing 69.93%, 26.3% and 3.2% of total assets, respectively.
They advise 7 types of clients, top clients are Investment Companies (IC) and High Net Worth Individuals.
The Group uses 2 Fund Administrators, 2 Fund Auditors, 1 Prime Brokers, 5 Custodians and 1 Marketers. It does not report a third-party Fund Administrator in 0 private funds with $0 in assets.
The Group discloses fixed fees, management fees and performance-based fees.
MAIN MANAGEMENT, LLC names 0 sub-advisers to 0 different funds advised by the group. The Group has been named as the sub-adviser to 1 fund.
They have a HIGH risk business model that requires a high degree of process maturity to manage operational risk. A Manager Group has a "High Complexity" when 25% or more of 63 business conditions measured require a high level of process maturity to manage the risk. The "Watch" suffix indicates that one or more of the following business conditions carry a high-complexity score: 1) % Fund Assets Valued Internally, 2) prior Regulatory Violations, 3) Unqualified Audits, 4) Multi-Functional C-Suite and 5) Business Concentration Risk with an Auditor or Administrator.
In MAIN MANAGEMENT, LLC's case, they have 18 business conditions that require high process maturity and 0 Watch Factors.