CANARAS CAPITAL MANAGEMENT, LLC
Adviser information for CANARAS CAPITAL MANAGEMENT, LLC last updated from Form ADV on March 27th, 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 | 17 |
|---|---|
| Investment Advisory/Research | 11 |
| Registered Broker-Dealer Representatives | 1 |
| Registered State Investment Advisers | 0 |
| 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 | 7 | $1.3B |
| Non-Discretionary | 0 | $0 |
| Total | 7 | $1.3B |
Clients
| Type | Number | RAUM |
|---|---|---|
| Individuals | <5 | $0 |
| HNW Individuals | <5 | $0 |
| Banking or thrift institutions | <5 | $0 |
| Investment companies | 0 | $0 |
| Business development companies | 0 | $0 |
| Pooled investment vehicles | 6 | $1.3B |
| Pension and profit sharing plans | <5 | $0 |
| Charitable organizations | <5 | $0 |
| State or municipal gov entities | <5 | $0 |
| Other investment advisers | <5 | $0 |
| Insurance companies | <5 | $0 |
| Sovereign wealth funds and foreign official institutions | <5 | $0 |
| Corporations or other businesses | <5 | $0 |
| Other | 0 | $0 |
| Type | Number |
|---|---|
| No. of Non-RAUM Clients | 7 |
| No. of Non-U.S. Clients | 85 |
Services
| Advisory Services | Portfolio management for pooled investment vehicles |
|---|---|
| Compensation | % of AUMPerformance-based fees |
Identifiers
| SEC RIA File Number | 801-67809 |
|---|---|
| SEC ERA File Number | 801-67809 |
| SEC CIK Numbers | None |
| SEC CRD Numbers | 142766 |
| Legal Entity Identifier | 549300GYSZXEUGHYP204 |
Principal Office
1540 BROADWAYSUITE 1630
NEW YORK
NY
United States
Monday - Friday, 9:00 AM - 5:00 PM
Tel: 212-372-7444, Fax: 212-372-7449
Chief Compliance Officer
DAVID MCCLEAN
CCO
1540 BROADWAY
SUITE 1630
NEW YORK
NY
United States
Tel:
516 680 6630
Fax:
212-372-7449
D*******@**********M
(Full email address available in API data)
Regulatory Contact
ANTHONY R. CLEMENTE
CEO
1540 BROADWAY
SUITE 1630
NEW YORK
NY
United States
Tel:
212-372-7444
Fax:
212-372-7449
A********@**********M
(Full email address available in API data)
Industry Affiliates
| None |
Private Funds
| Name | Type | Assets $USD | Min Investment $USD | No. Owners |
|---|---|---|---|---|
| CANARAS CREDIT OPPORTUNITIES LLC | Hedge Fund | $3.6M | $0.5M | 1 |
| CANARAS LIQUID ASSET STRATEGIES, LLC | Hedge Fund | $31.3M | $0.3M | 20 |
| SARANAC CLO III LIMITED | Securitized Asset Fund | $299.4M | $0.3M | 20 |
| SARANAC CLO V LIMITED (FORMERLY SARANAC CLO I LIMITED) | Securitized Asset Fund | $142.3M | $0.3M | 20 |
| SARANAC CLO VI LIMITED | Securitized Asset Fund | $326.5M | $0.3M | 1 |
| SARANAC CLO VII LIMITED (FORMERLY SARANAC CLO II LIMITED) | Securitized Asset Fund | $346.0M | $0.3M | 20 |
| SARANAC CLO VIII LIMITED | Securitized Asset Fund | $346.0M | $0.0M | 20 |
| SARANAC CREDIT OPPORTUNITIES LIMITED II | Hedge Fund | $0.0M | $0.1M | 5 |
Control Persons
| Name | Type | Entity | Title | Since | Ownership |
|---|---|---|---|---|---|
| CLEMENTE, ANTHONY, RICHARD | Individual | MAYETTE HOLDINGS LLC | OWNER | 06/2006 | > 75% |
| MAYETTE HOLDINGS LLC | Domestic Entity | – | MANAGING MEMBER | 06/2006 | > 75% |
| MCCLEAN, DAVID, EDWARD | Individual | – | CHIEF COMPLIANCE OFFICER | 03/2007 | < 5% |
| CLEMENTE, ANTHONY, RICHARD | Individual | – | CHIEF EXECUTIVE OFF. & CHIEF INVESTMENT OFF. | 06/2006 | < 5% |
| BROOKES, TREVOR | Individual | – | CHIEF OPERATING OFFICER | 05/2013 | < 5% |
| LEVINSON, RICHARD, D | Individual | – | SENIOR MANAGING DIRECTOR, BUSINESS DEVELOPMENT | 03/2020 | < 5% |
| SARANAC MANAGEMENT LIMITED | Foreign Entity | – | OWNER OF NON-VOTING INTERESTS | 04/2021 | < 5% |
| SARANAC INVESTMENT MANAGEMENT IC | Foreign Entity | – | OWNER OF NON-VOTING INTERESTS | 04/2021 | < 5% |