The SONEN CAPITAL LLC is a privately held investment adviser that advises $1.24Bn in regulatory assets under management held in 3 SEC fund types across 4 investment strategies. SONEN CAPITAL LLC is a Hybrid A hybrid fund manager is a manager whose total assets under management are spread across multiple investment vehicle types rather than concentrated in one. Fund Manager. Assets increased by 197.98% over the last 5-years.
The Group has been registered with the SEC for 14.12 years and is comprised of 1 filing and 0 relying advisers. They operate out of 1 office location with their Headquarters at 101 MONTGOMERY STREET SUITE 2150, SAN FRANCISCO, CA. The Group has not been subject to regulatory enforcement actions. They are regulated by 3 US and Non-US bodies.
They have 20 employees comprised of 13 investment and 7 non-investment staff. The total number of Employees increased by 100% over the last 5-years.
Their $1.24Bn in assets advised are owned by 6 private funds, 0 public funds and BDCs and 10 other accounts. Assets of Charitable Organizations clients own $642.57mn or 51.7% of Total Assets and Pooled Investment Vehicles (Not IC or BDC) own $466.27mn or 37.51% of Total Assets.
The Group's top investment strategies include ESG, Long/Short Equity and Real Estate, representing 30.46%, 30.03% and 25.2% of total assets, respectively.
They advise 3 types of clients, top clients are Charitable Organizations and Pooled Investment Vehicles (Not IC or BDC).
The Group uses 2 Fund Administrators, 2 Fund Auditors, 0 Prime Brokers, 3 Custodians and 0 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.
SONEN CAPITAL 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.
They have a MEDIUM-WATCH 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 SONEN CAPITAL LLC's case, they have 11 business conditions that require high process maturity and 1 Watch Factors.