HEIRLOOM INVESTMENT MANAGEMENT LLC

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Adviser Profile

As of Date:

04/20/2023

Adviser Type:

- Large advisory firm


Number of Employees:

7

of those in investment advisory functions:

2


Registration:

SEC, Approved, 2/26/2016

AUM:

117,388,000 -4.06%

of that, discretionary:

117,388,000 -4.06%


SMA’s:

YES

Private Funds:

4

Websites (details):
Contact info

Phone: 302 xxxxxxx

Client Types:

- Pooled investment vehicles
- Corporations or other businesses not listed above

Advisory Activities:

- Portfolio management for individuals and/or small businesses
- Portfolio management for pooled investment vehicles
- Portfolio management for businesses

Compensation Arrangments:

- A percentage of assets under your management
- Hourly charges
- Performance-based fees

Reported AUM

Discretionary
Non-discretionary
170M 146M 121M 97M 73M 49M 24M
2016 2017 2018 2019 2020 2021 2022 2023

Recent News



Private Funds Structure

Fund Type Count GAV
Hedge Fund 2 $89,822,000
Private Equity Fund 1 $4,628,000
Other Private Fund 1 $11,909,177

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Brochure Summary

Overview

A. Firm and Principal Owners Heirloom Investment Management LLC (“HIM” or “the Advisor”) is a privately-held investment advisor founded in 2015. It is a Delaware Limited Liability Corporation, and is owned by Heirloom Holdings, a Cayman Islands based holding company that also owns Heirloom Investment Management (Cayman) and Heirloom Investment Fund SPC, a Cayman Islands segregated portfolio company. Together these entities are known as the Heirloom group of companies. Heirloom Holdings is majority owned by Geoff Dover, HIM’s President and Chief Investment Officer. B. Advisory Services HIM is an investment adviser registered with the SEC under the Investment Advisers Act of 1940 (“Advisers Act”). The terms of such advisory services, including any restrictions on investments in certain types of securities, are established by the firm, as modified through negotiations with clients, and as set forth in each client’s advisory or management agreement. Investment guidelines and restrictions are determined jointly by HIM and each client at the onset of the relationship. Clients can engage HIM to manage all, or a portion of, their assets on either an advisory or a discretionary basis. The primary focus of the Advisor is managing the whole portfolio of its clients. All of HIM’s clients are “accredited investors” as defined under Rule 501 of the Securities
Act of 1933, as amended. As such, HIM recommends, or directs, its clients to invest in all types of securities, including domestic and international equity securities, fixed income securities, pooled investment vehicles, managed accounts, private placements, real estate, currencies, direct loans, commodities, structured products and various derivative instruments. C. Tailoring Advisory Services to Individual Needs HIM tailors its advisory services to the individual needs of its clients, and will only recommend or direct investments that are consistent with each client’s investment objectives and risk tolerances. The firm consults with clients initially and on an ongoing basis to determine risk tolerance, time horizon and other factors that may impact the clients’ investment needs. HIM ensures that clients’ investments are suitable for their investment needs, goals, objectives and risk tolerance. HIM is responsible for originating and recommending investment opportunities to clients, monitoring, evaluating and making recommendations regarding timing and manner of disposition of investments and other services as the clients may reasonably request. D. Wrap Fee Programs HIM does not participate in wrap fee programs. E. Assets Under Management As at December 2019, HIM has US $115,882,891.00 in regulatory assets under management.