SEAMANS CAPITAL MANAGEMENT, LLC other names

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Adviser Profile

As of Date:

03/18/2024

Adviser Type:

- Large advisory firm


Number of Employees:

8

of those in investment advisory functions:

4


Registration:

Massachusetts, Terminated, 3/10/2005

Other registrations (1)
AUM:

113,895,911 24.41%

of that, discretionary:

113,895,911 24.41%

Private Fund GAV:

71,726,005 50.69%

Avg Account Size:

2,711,807 -20.02%

% High Net Worth:

59.52% 12.78%


SMA’s:

YES

Private Funds:

8

Contact Info

781 xxxxxxx

Websites :
Client Types:

+

Advisory Activities:

+

Compensation Arrangments:

+

Reported AUM

Discretionary
Non-discretionary
93M 79M 66M 53M 40M 26M 13M
2015 2016 2017 2018 2019 2020 2021 2022 2023

Recent News



Private Funds Structure

Fund Type Count GAV
Private Equity Fund 4 $54,249,757
Other Private Fund 4 $17,476,248

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Private Funds



Employees




Brochure Summary

Overview

Seamans Capital Management, LLC (“SCM”) was established in August 1986 to provide strategic investment research to institutions and managers. In the Firm’s early years, it also acted as a sub- advisor in global bond management to mutual funds. In 1993, the Firm began to offer strategic research on commodity and currency prices to resource companies in North America and Australia. In addition, the Firm began offering global income management, which included both global bonds and income-generating global resource stocks. In 2000, the Firm altered its focus from providing strategic research to providing investment management services for select individuals and their related institutions. In 2002, SCM began to offer separately managed accounts in global income and resource stocks. Beginning in 2005, the Firm began adding private pooled investment vehicles, each managed by SCM and focused on a separate strategy. Today, the Firm provides the following private funds: Global Income Preferred 6% - Designed to provide a sustained income from a relatively stable portfolio. New Era Technologies Growth - Designed to benefit from technologies which make renewable energy cost competitive on a worldwide basis. New Technologies Income - Using a similar strategy, focusing on income generating renewable energy technologies. Global Opportunities – Designed for non-correlated equity related global investments producing outperforming gains based on dominant long-term cycles. Seamans Offshore Opportunities Fund, Ltd. BVI based offshore fund with same strategy. Series Fund 1 – Designed to invest in private equity, venture capital and private investments in public equities (PIPEs). Each separate Series Company invests in a single company (or combination).as follows:
• Series Company 1 - Advanced metallurgy, aluminum production
• Series Company B – Water oxygenation technology for water savings in agriculture and air and water pollution remediation for dairies.
• Series Company C – Auditory three dimensional spacial environments for augmented reality
• Series Company D – Cloud based IT security company with alerts and fixes for operating systems These funds are in varying states of activity. Some are being actively offered. The Series Companies have largely been fully funded as their target company offerings have closed. Separately Managed Accounts SCM highly values client relationships built on shared expectations and frequent communication. The engagement process begins with an exploration of a client’s values, investment philosophy and objectives; societal as well as financial. Risk/reward tolerance, investment restrictions and past investment experience are also important factors in creating and overseeing a separately managed account with a clear understanding of the client’s expectations and objectives. Based on these factors, a customized investment strategy is then structured, and an asset allocation proposal is prepared for the client’s review. Subject to modification and the client’s approval, the chosen investment strategy is then implemented. Each separately managed account is managed to one or a combination of the investment strategies detailed above. SCM invests in a small number of carefully selected sectors based on their expected outperformance. These include renewable energy related and income producing resource investments being transformed by technological developments. Investments are based on fundamental, quantitative, and qualitative research on global interest rates, currencies, commodities, and financial markets. SCM does not regularly incorporate environmental, social and governance (“ESG”) objectives into its fund or managed account investment strategies. Fund Investments SCM is the investment manager for the following Funds.
• Seamans New Era Technologies Growth Fund, LLC (“New Era Technologies Growth”)*
• Seamans Global Income Preferred 6% Fund, LLC (“Global Income Preferred 6%”)
• Seamans Global Opportunities Fund, LLC (“Global Opportunities”)
• Seamans Offshore Opportunities Fund, Ltd (“Seamans Offshore Opportunities”)
• Seamans Private Series Fund I, LLC - Series Company 1 (Unity/Veloxint)
• Seamans Private Series Fund I, LLC - Series Company B (Aequion)
• Seamans Private Series Fund I, LLC - Series Company C (Embody)
• Seamans Private Series Fund I, LLC - Series Company D (Sosivio) *: Formerly the Seamans Global Clean Energy Fund, LLC Please see Item 8 for specific information related to each Fund. SCM provides each prospective Fund member with a private placement memorandum, operating agreement, investor questionnaire, and subscription agreement. Prospective members are urged to examine these documents before making an investment in any Fund. Portfolios SCM managed $113,895,913.97 in discretionary assets as of December 31, 2023. SCM does not manage any non-discretionary assets or participate in any wrap fee programs. SCM adheres to a strict discipline that demands fundamental, quantitative, and qualitative research on global interest rates, specific currencies commodities, global stock markets and personal knowledge of management for developing companies. Since market changes are constant, we have an embedded commitment to flexibility within our clearly defined investment discipline. Our well-delineated strategies and risk management help improve client returns in rising markets and mitigate losses in declining markets. We measure overall account performance and sector allocation to ensure that account guidelines are met. Reviews
of account conformance to objectives are also conducted on a regular basis, while individual securities are reviewed more frequently, particularly in the event of a significant change in value. SCM believes that what investors seek in an investment firm, in addition to advising, managing, and guiding their investments, is sound judgment. At SCM, judgment is not simply a thought process. It is an approach that combines decades of experience, ongoing research, specific areas of expertise, accumulated wisdom, strategic formulation, tactical execution, and a strict adherence to SCM’s investment philosophy. Faith in that judgment, combined with positive, long-term results, creates trust. That deep, enduring trust is why SCM has so many long-standing and mutually rewarding client relationships. SCM invests Firm capital alongside client investments. Management Richard F. Seamans Education, Background and Business Experience Richard F. Seamans, CFA, MBA, Founder and Managing Director Mr. Seamans, 78, serves as the Chief Investment Officer and Chief Compliance Officer of SCM. He founded the Firm in 1986, which began as a strategic advisor to companies and institutions on interest rates, currencies, and commodity prices. The Firm achieved strong investment results on its mining and conventional energy investments from 2002 to 2012. Convictions about the costs and environmental benefits of renewable technologies led Mr. Seamans to begin investing in renewable energy and related technologies in 2013. He was previously a Managing Director and Senior Group Vice President for Scudder, Stevens & Clark, Ltd. in Boston, Massachusetts, now part of Deutsche Bank, where he directed tax-exempt bond research, policy and investments.. Mr. Seamans is a member of the Board of Overseers for the Handel and Haydn Society in Boston, MA. He is a past trustee and member of the Investment Committee of Mount Holyoke College in South Hadley, MA. He received his BA from Duke University in North Carolina, and his MBA, with distinction, from the Wharton School of the University of Pennsylvania. He is a CFA® charterholder. Disciplinary Information Mr. Seamans does not have any legal or disciplinary history to report. Other Business Activities Mr. Seamans is not engaged in any other investment–related business or occupation for compensation not discussed in response to Item 4 of ADV Part 2A, the brochure. Additional Compensation Mr. Seamans does not receive economic benefits from non-clients for providing advisory services to clients. Supervision Mr. Seamans is the Chief Investment Officer and investment advisor representative for SCM. Mr. Seamans is also the Chief Compliance Officer and supervises the Firm with respect to all legal and regulatory requirements of the Investment Advisors Act of 1940. Questions related to the activities of any employee may be directed to Mr. Seamans at the telephone number noted on the Cover Page of the brochure. Eleanor R. Mulvaney Seamans Education, Background and Business Experience Eleanor R. Mulvaney Seamans, MS, Chief Executive Officer Mrs. Seamans, 75, is the Chief Executive Officer of SCM. She joined as the Chief Operating Officer in 2002. She is responsible for the Firm’s strategic growth and organizational structure as well as oversight for the functions of the Firm’s daily operations. Designed around the core principles of continuous learning, collaborative leadership, and strong working relationships, SCM is positioned to operate effectively in a dynamic global environment. Previously she founded the Glastonbury Company, a Waltham, MA-based consulting firm specializing in personal and corporate transformational learning. Mrs. Seamans has more than 20 years of experience as an organizational consultant in financial services, working primarily with senior corporate leaders and entrepreneurs to translate vision into organizational effectiveness and profitable performance. She currently serves on the Board of Directors of the Public Sector Consortium in Cambridge, MA and previously served on the Board of Trustees at Emmanuel College, Boston, MA, where she founded the Mulvaney Leadership Institute in 2008. She is a consulting member of the Society for Organizational Learning in Cambridge, MA. Mrs. Seamans is a member of the Tiffany Circle of the American Red Cross in Washington, D.C., which is a society of women leaders. Mrs. Seamans received her BA from Emmanuel College and her MS from Simmons College in Boston, from which she graduated summa cum laude. Disciplinary Information Mrs. Seamans does not have any legal or disciplinary history to report. Other Business Activities Mrs. Seamans is not engaged in any other investment–related business or occupation for compensation not discussed in response to Item 4 of ADV Part 2A, the brochure. Additional Compensation Mrs. Seamans does not receive any economic benefits from non-clients for providing advisory services to clients. Supervision Mrs. Seamans is the CEO of SCM. She oversees client relationships, business strategy, personnel, and marketing. Privacy SCM provides clients with an updated Brochure or summary of material changes within 120 days following fiscal year end, and an opportunity to obtain the full Brochure and/or an updated Notice of Compliance concerning the Disclosure of Nonpublic Personal Information (“Privacy Statement”), in accordance with Section 504 of the Gramm-Leach-Bliley Act.