Misaki Capital Inc. (Tokyo)

Name: Misaki Capital Inc.
Address: Sakurai Bldg, Tokyo, 107 0062
Telephone: +81-3-6427-7431

Misaki Capital Inc. is a large advisory firm based in Tokyo. It manages $782 million of regulatory assets for 9 client accounts. It has been registered with the SEC as an adviser since 2016.

Misaki Capital provides portfolio management for pooled investment vehicles and portfolio management for businesses and institutional clients. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Misaki Capital: assets under management

The assets under management (AUM) of Misaki Capital Inc. is $782 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 75% since the beginning of its operation, and $625.23 million of the total AUM is attributable to clients outside of the United States.

The firm manages $782 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $86.89 million each.

Investments

The firm invests in exchange traded securities the most. They account for 82% of the total AUM. The second-largest asset type is pooled investment vehicles, which make up 12% of the firm’s portfolio. Investments in cash and cash equivalents form 6% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Misaki Capital Inc. 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.

What kind of clients Yasunori Nakagami serves?

The firm provides services to charitable organizations, other investment advisers, pooled investment vehicles, corporations or other businesses, and pension and profit sharing plans. The largest group of clients of Yasunori Nakagami is pooled investment vehicles with 1 clients and $606.22 million of assets under management. Among the 11 most similar advisory firms, Misaki Capital has the 4th highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $782 million for 9 clients. 56% of the firm’s clients are foreign persons or businesses.

Misaki Capital also advises several private funds. Namely, one hedge fund. The minimum investment commitment required of non-related persons is $1,000,000 for each fund.

Careers at Misaki Capital Inc.

The company employs 14 people that are either part- or full-time employees. 50 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.

Yasunori Nakagami has been acting as President since 1 Oct 2013. Masaki Gotoh has served as the Chief Investment Officer since 1 Feb 2014. Yumiko Kadota joined the executive team most recently as the Chief Administrative Officer/ Chief Operations Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Yasunori Nakagami	Chief executive officer/director	1 Oct 2013	50% - 75%	6596952
Shoji Suzuki	Chief compliance officer/director	1 Oct 2013	Other	6600060
Takayuki Nitta	Chief engagement officer	1 Oct 2013	Other	6600068
Masaki Gotoh	Chief investment officer/portfolio manager	1 Feb 2014	Other	3107764
Sumitomo Mitsui Trust Bank	Shareholder	1 May 2015	Other	foreign entity
Yumiko Kadota	Chief administrative officer/ chief operations officer	1 Dec 2015	Other	6602654

Indirect Owners

The SEC currently registers 1 indirect owner.

Name	Entity	Date acquired	Ownership	Employer ID
Sumitomo Mitsui Trust Holdings	Owner	1 Apr 2012	75% - 100%	foreign entity

Based in Tokyo

The principal office where Misaki Capital Inc. performs its advisory services is located at Sakurai Bldg, Tokyo, 107 0062, 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 +81-3-6427-7431 or by fax +81-3-6427-7463. The normal business hours are 9:00-6:00 p.m. (jst) on Monday - Friday. You can find more information about the New York firm at misaki-capital.com.