Gem Capital, L.P. is a large advisory firm based in Chicago. It manages $4.75 billion of regulatory assets for 17 client accounts. It has been registered with the SEC as an adviser since 2012 and has operated in the jurisdiction of Illinois.
Gem Capital provides portfolio management for pooled investment vehicles. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Gem Capital, L.P. is $4.75 billion, all of which is managed in discretionary accounts. The firm's AUM has gone down by -16% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
The advisory firm has several streams of revenue. Clients pay Gem Capital, L.P. for their services and products based on a percentage of assets under management and performance-based fees. The adviser charges an additional fee when a set benchmark is outperformed. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.
The only and largest group of clients of Gem Capital is pooled investment vehicles with 17 clients and $4.75 billion of assets under management. Among the 10 most similar advisory firms, Gem Capital has the highest percentage of pooled investment vehicles out of all clients.
The amount of regulatory assets under management is $4.75 billion for 17 clients. 1% of the firm’s clients are foreign persons or businesses.
Gem Capital also advises several private funds. Namely, four hedge funds and thirteen real estate funds. The minimum investment commitment required of non-related persons ranges from $1,000,000 to $5,000,000.
The company employs 65 people that are either part- or full-time employees. 38 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.
There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.
The principal office where Gem Capital, L.P. performs its advisory services is located at 900 North Michigan Ave, Chicago, IL 60611 6550, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 312-915-2900 or by fax 312-915-2901. The normal business hours are 8:30 a.m. to 5:00 p.m. on Monday - Friday. You can find more information about the New York firm at gemrc.com.