Vivo Capital LLC (Palo Alto)

Name: Vivo Capital LLC
Address: 192 Lytton Avenue, Palo Alto, CA, 94301
Telephone: 650-688-0818

Vivo Capital LLC is a large advisory firm based in Palo Alto. It manages $3.08 billion of regulatory assets for 17 client accounts. It has been registered with the SEC as an adviser since 2015 and has operated in the jurisdiction of California.

Vivo Capital provides portfolio management for pooled investment vehicles. It prepares financial plans for more than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

Vivo Capital: assets under management

The assets under management (AUM) of Vivo Capital LLC is $3.08 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 130% since the beginning of its operation, and $224.5 million of the total AUM is attributable to clients outside of the United States.

The firm manages $3.08 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $181.36 million each.

Vivo Capital has custody of $3.08 billion in cash and securities for 17 clients in total but doesn’t act as a qualified custodian.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Vivo Capital LLC 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 Vivo Capital serves?

The only and largest group of clients of Vivo Capital is pooled investment vehicles with 17 clients and $3.08 billion of assets under management. Among the 5 most similar advisory firms, Vivo Capital has the highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $3.08 billion for 17 clients. 12% of the firm’s clients are foreign persons or businesses.

Vivo Capital also advises several private funds. Namely, seventeen venture capital funds. The minimum investment commitment required of non-related persons ranges from $10,000 to $25,000,000.

Careers at Vivo Capital LLC

The company employs 51 people that are either part- or full-time employees. 57 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
Albert Cha	Managing member	1 Jun 2005	25% - 50%	6044663
Edgar Engleman	Managing member	1 Jun 2005	25% - 50%	6044667
Frank Kung	Managing member	1 Jun 2005	25% - 50%	6044657
Albert No Middle Name Cha	Managing member	1 Jun 2005	25% - 50%	6044663
Edgar George Engleman	Managing member	1 Jun 2005	25% - 50%	6044667
Frank Fang Chien Kung	Managing member	1 Jun 2005	25% - 50%	6044657
Cinthia Sheu	Chief compliance officer and vp of finance	1 Apr 2008	Other	6044669
Cinthia Hui Hsin Sheu	Chief compliance officer and chief operating officer	1 Apr 2008	Other	6044669
Chen Ming Yu	Managing partner	1 Jan 2015	Other	6631078
Shan No Middle Name Fu	Managing partner	1 Jan 2015	Other	6631079

Based in Palo Alto

The principal office where Vivo Capital LLC performs its advisory services is located at 192 Lytton Avenue, Palo Alto, CA 94301, 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 650-688-0818 or by fax 650-688-0815. The normal business hours are 8:00 am-5:00 pm on Monday - Friday. You can find more information about the New York firm at vivocapital.net/.