FLORENCE CAPITAL ADVISORS, LLC
Adviser information for FLORENCE CAPITAL ADVISORS, LLC last updated from Form ADV on March 26th, 2024. Select data displayed; additional Form ADV, Form D, Form 13F and other data is available from the Fincoded API.
Advisory Business
| Type of Organization | Limited Liability Company |
|---|---|
| Fiscal Year End | DECEMBER |
| Legal Location | Delaware, United States |
Employees
| Total Number of Employees | 1 |
|---|---|
| Investment Advisory/Research | 1 |
| Registered Broker-Dealer Representatives | 0 |
| Registered State Investment Advisers | 1 |
| Licensed Agents of an Insurance Company | 0 |
| No. of Firms/People that Solicit Clients | 0 |
RAUM
| Provides Management of Securities Portfolios | Yes |
|---|
| Type | Accounts | RAUM |
|---|---|---|
| Discretionary | 17 | $8.8M |
| Non-Discretionary | 28 | $418.5M |
| Total | 45 | $427.3M |
Clients
| Type | Number | RAUM |
|---|---|---|
| Individuals | 1 | $4,396 |
| HNW Individuals | 20 | $427.3M |
| Banking or thrift institutions | 0 | $0 |
| Investment companies | 0 | $0 |
| Business development companies | 0 | $0 |
| Pooled investment vehicles | 0 | $0 |
| Pension and profit sharing plans | 0 | $0 |
| Charitable organizations | <5 | $48,421 |
| State or municipal gov entities | 0 | $0 |
| Other investment advisers | 0 | $0 |
| Insurance companies | 0 | $0 |
| Sovereign wealth funds and foreign official institutions | 0 | $0 |
| Corporations or other businesses | 0 | $0 |
| Other | 0 | $0 |
| Type | Number |
|---|---|
| No. of Non-RAUM Clients | 0 |
| No. of Non-U.S. Clients | 0 |
| No. of Financial Planning Clients | 0 |
Services
| Advisory Services | Portfolio management for individuals and/or small businessesPortfolio management for pooled investment vehiclesSelection of other advisers (including private fund managers) |
|---|---|
| Compensation | % of AUMPerformance-based fees |
Principal Office
200 EAST 82ND STREETAPT #28GH
NEW YORK
NY
United States
Monday - Friday, 9:00 AM - 5:00 PM
Tel: (212) 202-3296, Fax: None
Chief Compliance Officer
GREGORY HERSCH
CHIEF EXECUTIVE OFFICER/MANAGING MEMBER
200 EAST 82ND STREET
APT #28GH
NEW YORK
NY
United States
Tel:
(212) 202-3296
G******@******************M
(Full email address available in API data)
Industry Affiliates
| FLORENCE CAP, LLC | Sponsor, GP, manager of pooled investment vehicles |
Private Funds
| Name | Type | Assets $USD | Min Investment $USD | No. Owners |
|---|---|---|---|---|
| FLORENCE CAPITAL SPV VII LLC, A SERIES OF FLORENCE CAP, LLC | Venture Capital Fund | $2.5M | $0.0M | 13 |
Control Persons
| Name | Type | Entity | Title | Since | Ownership |
|---|---|---|---|---|---|
| HERSCH, GREGORY, ALAIN | Individual | – | CHIEF EXECUTIVE OFFICER/MANAGING MEMBER | 10/2015 | > 75% |
| HERSCH, GREGORY, ALAIN | Individual | – | CHIEF COMPLIANCE OFFICER | 12/2020 | > 75% |
No. Employees, Historic
RAUM, Historic
No. Clients, Historic
Holdings
From latest 13F, filed February 4th, 2020 for period ending June 30th, 2019
| Name | Class | Value $USD | # Shares | Private Fund |
|---|---|---|---|---|
| ADVANCED DRAIN SYS INC DEL | COM | 2K | 75K | – |
| APPLE INC | COM | 42K | 211K | – |
| CERUS CORP | COM | 320 | 57K | – |
| COMCAST CORP NEW | CL A | 592 | 14K | – |
| DISNEY WALT CO | COM DISNEY | 349 | 3K | – |
| DOUBLELINE INCOME SOLUTIONS | COM | 4K | 220K | – |
| ESTABLISHMENT LABS HLDGS INC | COM | 13K | 577K | – |
| FACEBOOK INC | CL A | 293 | 2K | – |
| FORTINET INC | COM | 384 | 5K | – |
| JPMORGAN CHASE & CO | COM | 9K | 80K | – |
| L BRANDS INC | COM | 2K | 72K | – |
| LANDMARK INFRASTRUCTURE LP | COM UNIT LTD | 29K | 2M | – |
| LRAD CORP | COM | 230 | 70K | – |
| PFIZER INC | COM | 542 | 13K | – |
| PJT PARTNERS INC | COM CL A | 746 | 18K | – |