Overview
Firm Description
HCM was established as a New York limited liability company in April 2000
and approved as a SEC registered investment adviser on October 6, 2017.
HCM was formerly a New York State registered investment adviser. The
Investment Adviser’s principal business and occupation is to provide financial
management and advisory services to individuals, corporations, and other
institutional clients throughout the world.
Principal Owners
Hideji Horiko owns 99% of the HCM.
Types of Advisory Services
HCM serves as investment manager for 3 private investment funds. In
particular, HCM provides investment advice to investment vehicles formed as
a domestic entity (a limited partnership) and a foreign entity (a Cayman Island
exempt company and Unit Trust). HCM also provides discretionary
investment advice to other domestic and foreign institutional clients, including
high net worth individuals. As investment manager, HCM offers investment
advice and management in the following types of securities:
- US and Non-US Equity and equity related securities
- Event arbitrage activities involving US and Non-US companies
- Fixed and adjustable rate US Government and Agency bonds, US Treasury
Notes and US Treasury Bills
- Debt Securities and instruments issued by US and Non-US corporations
- Futures contracts, foreign exchange
commitments, leverage contracts,
currencies
- Commodities and commodity interests
As of DECEMBER 31, 2023, HCM manages $316,358,922 in assets for 4
investment vehicles and 2 high net worth individuals on a discretionary basis.
Tailored Relationships
The goals and objectives for each client are documented in the investment
management agreement with each client. Investment policy statements are
created that reflect the stated goals and objective. The investment
management agreement may impose restrictions on investing in certain
securities or types of securities.
Agreements may not be assigned without client consent.
Types of Agreements
The following agreements define the typical client relationships.
Investment Management Agreement
HCM provides discretionary investment advisory services as an investment
manager for its clients pursuant to various investment management
agreements, limited partnership agreements and operating agreements.
HCM's investment management fees are determined by, among other factors,
the strategy, the type of assets to be managed, the intensity of the analysis
required, and the size of the pool of the assets. HCM may also provide
financial planning services to its individual clients. The base annual fee
schedule typically ranges between 1.0% and 3.0% of assets under
management.