Cartesian Capital Group, LLC (New York)

Name: Cartesian Capital Group, LLC
Address: 505 Fifth Avenue, New York, NY, 10017
Telephone: 1-212-461-6363

Cartesian Capital Group, LLC is a large advisory firm based in New York. It manages $1.58 billion of regulatory assets for 8 client accounts. It has been registered with the SEC as an adviser since 2012 and has operated in the jurisdiction of New York.

Cartesian Capital Group 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.

Cartesian Capital Group: assets under management

The assets under management (AUM) of Cartesian Capital Group, LLC is $1.58 billion, all of which is managed in discretionary accounts. The firm's AUM has gone down by -13% since the beginning of its operation, and $699.04 million of the total AUM is attributable to clients outside of the United States.

The firm manages $1.58 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $197.07 million each.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Cartesian Capital Group, LLC for their services and products based on a percentage of assets under management and performance-based fees. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Cartesian Capital Group serves?

The only and largest group of clients of Cartesian Capital Group is pooled investment vehicles with 8 clients and $1.58 billion of assets under management. Among the 7 most similar advisory firms, Cartesian Capital Group has the highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $1.58 billion for 8 clients. 63% of the firm’s clients are foreign persons or businesses.

Cartesian Capital Group also advises several private funds. Namely, seven private equity funds. The minimum investment commitment required of non-related persons ranges from $25,000,000 to $150,000,000.

Careers at Cartesian Capital Group, LLC

The company employs 19 people that are either part- or full-time employees. 84 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.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Peter Michael Yu	Managing member	1 May 2005	50% - 75%	4731577
Geoffrey Lee Hamlin	Chief compliance officer, managing member	1 May 2005	Other	6028420
Paul Gregory Pizzani	Managing member, chief financial officer	1 May 2005	Other	2975006
William Wasyl Jarosz	Chief compliance officer, managing member, cartesian capital group, llc	1 May 2005	Other	4731570
Peter M. Yu	Managing member, cartesian capital group, llc	1 May 2005	50% - 75%	4731577
Geoffrey L. Hamlin	Managing member, cartesian capital group, llc	1 May 2005	Other	6028420
Paul G. Pizzani	Managing member, cartesian capital group, llc	1 May 2005	Other	2975006
William W. Jarosz	Managing member, cartesian capital group, llc	1 May 2005	Other	4731570
Thomas R Armstrong	Managing member, cartesian capital group, llc	1 May 2005	Other	1300361
Thomas Robert Armstrong	Managing member, cartesian capital group, llc	1 May 2005	Other	1300361
Llc Cartesian Capital Management	Managing member, pangaea one management, llc	1 Jan 2006	75% - 100%	51-0583150
Peter M. Yu	Limited partner, pangaea two management, lp	1 Jan 2006	50% - 75%	4731577
Geoffrey L. Hamlin	Limited partner, pangaea two management, lp	1 Jan 2006	Other	6028420
William W. Jarosz	Limited partner, pangaea two management, lp	1 Jan 2006	Other	4731570
Paul G. Pizzani	Limited partner, pangaea two management, lp	1 Jan 2006	Other	2975006
William Wasyl Jarosz	Chief compliance officer, managing member, cartesian capital group, llc	1 Jan 2006	Other	4731570
Peter Michael Yu	Limited partner, pangaea two management, lp	1 Jan 2006	50% - 75%	4731577
Geoffrey Lee Hamlin	Limited partner, pangaea two management, lp	1 Jan 2006	Other	6028420
Paul Gregory Pizzani	Limited partner, pangaea two management, lp	1 Jan 2006	Other	2975006
Lp Pangaea One	Shareholder, cartesian re management co.	1 Apr 2009	25% - 50%	20-4923715
L.P. Pangaea One (Cayman)	Shareholder, cartesian re management co.	1 Apr 2009	Other	foreign
L.P. Pangaea One Parallel Fund (B)	Shareholder, cartesian re management co.	1 Apr 2009	Other	20-4923797
L.P. Pangaea One	Shareholder, cartesian iris management co.	1 Apr 2009	25% - 50%	20-4923715
Llc Pangaea Two Admin Gp	General partner, pangaea two management, lp	1 May 2010	Other	27-2706851
Peter Michael Yu	Limited partner, pangaea two management, lp	1 May 2010	50% - 75%	4731577
Geoffrey Lee Hamlin	Limited partner, pangaea two management, lp	1 May 2010	Other	6028420
Paul Gregory Pizzani	Limited partner, pangaea two management, lp	1 May 2010	Other	2975006
William Wasyl Jarosz	Limited partner, pangaea two management, lp	1 May 2010	Other	4731570
William W. Jarosz	Chief compliance officer, cartesian capital group, llc	1 Jan 2012	Other	4731570

Indirect Owners

The SEC currently registers 10 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Peter Michael Yu	Managing member	1 May 2006	50% - 75%	4731577
Peter M. Yu	Managing member	1 May 2006	50% - 75%	4731577
Llc Pangaea One Gp	General partner	1 Jul 2006	75% - 100%	20-4923739
L.P. Pangaea One Gp (Cayman)	General partner	1 Jul 2006	75% - 100%	foreign
Llc Pangaea One Holding	Sole member	1 Jul 2006	75% - 100%	20-8761798
Pangaea One Gp (Cayman) Co.	General partner	1 Jul 2006	Other	foreign
Llc Cartesian Capital Group Holding	Sole member	1 Aug 2006	75% - 100%	20-8761678
Peter Michael Yu	Member	1 Jan 2007	50% - 75%	4731577
Peter M. Yu	Member	1 Jan 2007	50% - 75%	4731577
Cartesian Capital Group	Sole member	1 May 2010	75% - 100%	159370

Based in New York

The principal office where Cartesian Capital Group, LLC performs its advisory services is located at 505 Fifth Avenue, New York, NY 10017, which is also the mailing address of the firm. An additional office of the firm is in Darien, CT. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 1-212-461-6363 or by fax 1-212-461-6366. The normal business hours are 8:00am-5:00pm on Monday - Friday. You can find more information about the New York firm at cartesiangroup.com.