Kawa Capital Management, Inc. (Aventura)

Name: Kawa Capital Management, Inc.
Address: 21500 Biscayne Boulevard, Aventura, FL, 33180
Telephone: 305-560-5200

Kawa Capital Management, Inc. is a large advisory firm based in Aventura. It manages $920.52 million of regulatory assets for 27 client accounts. It has been registered with the SEC as an adviser since 2011 and has operated in the jurisdictions of Delaware and Florida.

Kawa Capital Management provides portfolio management for individuals and small businesses, 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.

Kawa Capital Management: assets under management

The assets under management (AUM) of Kawa Capital Management, Inc. is $920.52 million. The firm's AUM has grown by 495% since the beginning of its operation, and $761.35 million of the total AUM is attributable to clients outside of the United States.

The firm manages $858.08 million in discretionary accounts and $62.44 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $40.86 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $10.41 million.

Kawa Capital Management has custody of $588.59 million in cash and securities for 14 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in other assets the most. They account for 55% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 17% of the firm’s portfolio. Investments in investment grade corporate bonds form 10% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Kawa Capital Management, Inc. 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 Alexandre Saverin serves?

The firm provides services to other investment advisers, high net worth individuals, pooled investment vehicles, and corporations or other businesses. The largest group of clients of Alexandre Saverin is pooled investment vehicles with 13 clients and $709.29 million of assets under management. Among the 11 most similar advisory firms, Kawa Capital Management has the 2nd highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $920.52 million for 42 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 36% of the firm’s clients are foreign persons or businesses.

Kawa Capital Management also advises several private funds. Namely, two hedge funds, two real estate funds, and three private equity funds. The minimum investment commitment required of non-related persons ranges from $100,000 to $1,000,000.

Careers at Kawa Capital Management, Inc.

The company employs 41 people that are either part- or full-time employees. 37 percent of the employees work as investment advisers or researchers. 12 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 receive compensation from other entities for client referrals.

Alexandre Saverin has been acting as President since 1 Sep 2007. Edward D. Mccutcheon joined the executive team most recently as the Chief Compliance Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Daniel Ades	Managing director/portfolio manager	1 Sep 2007	75% - 100%	5136712
Alexandre Saverin	Director/co-portfolio manager	1 Sep 2007	Other	5951851
Carlos Felipe Lemos	Chief operating officer	1 Sep 2007	Other	5962884
Cristina Hartmann Baldim	Director of investments	1 Mar 2010	Other	4295261
Jeremy M. Traster	Chief compliance officer	1 Mar 2015	Other	6469309
Bruno Piacentini	Managing director	1 Jan 2018	Other	6318309
Kawa Capital Partners Llc	Shareholder	1 Jan 2018	75% - 100%	294233
Edward D. Mccutcheon	Chief compliance officer	1 Aug 2019	Other	6178148

Indirect Owners

The SEC currently registers 1 indirect owner.

Name	Entity	Date acquired	Ownership	Employer ID
Daniel Ades	Manager	1 Feb 2009	75% - 100%	5136712

Based in Aventura

The principal office where Kawa Capital Management, Inc. performs its advisory services is located at 21500 Biscayne Boulevard, Aventura, FL 33180, 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 305-560-5200 or by fax 305-560-5290. The normal business hours are 9:00 a.m. - 5:00 p.m. on Monday - Friday. You can find more information about the New York firm at kawa.com/.