Proxima Capital Management, LLC (New York City)

Name: Proxima Capital Management, LLC
Address: 845 Third Avenue, New York City, NY, 10022
Telephone: 212-897-5717

Proxima Capital Management, LLC is a large advisory firm based in New York City. It manages $186.06 million of regulatory assets for 3 client accounts. It has been registered with the SEC as an adviser since 2007.

Proxima Capital Management 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.

Proxima Capital Management: assets under management

The assets under management (AUM) of Proxima Capital Management, LLC is $186.06 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 247% since the beginning of its operation, and $64.3 million of the total AUM is attributable to clients outside of the United States.

The firm manages $186.06 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $62.02 million each.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Proxima Capital Management, 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 Proxima Capital Management serves?

The only and largest group of clients of Proxima Capital Management is pooled investment vehicles with 3 clients and $186.06 million of assets under management. Among the 11 most similar advisory firms, Proxima Capital Management has the 2nd highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $186.06 million for 3 clients. 67% of the firm’s clients are foreign persons or businesses.

Proxima Capital Management 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 Proxima Capital Management, LLC

The company employs 4 people that are either part- or full-time employees. 75 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
Youlia K Miteva	Managing member	1 Jun 2004	75% - 100%	3110628
Youlia K Rowland	Managing member	1 Jun 2004	75% - 100%	3110628
David Neil Travis	Director of business development and operations	1 Apr 2007	Other	2275530
Mathew Gerard Gilmartin	Chief financial officer	1 Feb 2011	Other	4888957
Phuc (Vince) Tran	Senior analyst/member	1 Apr 2011	Other	6162815
Janine Krause	Chief financial officer/chief compliance officer	1 Jun 2011	Other	6035991
Sohail Shahrasebi	Senior analyst/member	1 Mar 2013	Other	6172139
Daniel Peter Carroll	Senior analyst/member	1 Aug 2015	Other	5059393
Scott Robert Donnelly	Chief financial officer/chief compliance officer	1 Dec 2016	Other	5315607

Based in New York City

The principal office where Proxima Capital Management, LLC performs its advisory services is located at 845 Third Avenue, New York City, NY 10022, 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 212-897-5717 or by fax 212-897-5715. The normal business hours are 8:30am - 5:00pm on Monday - Friday. You can find more information about the New York firm at proximacapital.net/.