Founded in 1974, Lateef Investment Management, L.P., was the predecessor firm of Tran Capital
Management. The company was transformed following a management buyout in 2017 led by Quoc Tran, Chief
Investment Officer, Eric Winterhalter, President. Tran Capital Management, L.P. (“TCM”), provides
professional portfolio management to individuals for taxable and retirement accounts, and to corporate and
union pension plans, charitable foundations, and academic endowments through separately managed accounts
(collectively, the “clients”).
Tran Capital General Partner, LLC. (TGP) is the General Partner of Tran Capital Management, L.P. TGP’s
ownership percentage is 1.00%. TGP is responsible for the day-to-day management of TCM. The Limited
Partners and their ownership percentages of TCM are:
• Tran Capital Management, LLC* 50.5%
• Tran Capital MGL, LLC** 48.5%
• Tran Capital General Partner, LLC 1%
*Tran Capital Management, LLC is owned by Mr. Quoc Tran (32.4%), Mr. Eric Winterhalter (13.6%),
and Mr. Michael Im (5%).
**Tran Capital MGL is owned by MG Financial, LLC (94%) and McCarthy Partners, LLC (6%). Both
entities are managed by McCarthy Partners Management, LLC.
TYPES OF INVESTMENTS
TCM offers discretionary investment management and investment advisory services for domestic equity.
TCM utilizes securities that include, but are not limited to, common stock, preferred stock, options contracts,
corporate bonds, municipal bonds and U.S. government bonds. TCM may offer investment advice on the
following types of investments:
• Equity securities (exchange listed, over-the-counter and foreign issues)
• Corporate debt securities
• Municipal securities
• Mutual fund shares
• U.S. government
securities
• Options contracts on securities
In limited circumstances, where clients are deemed able and are willing to accept greater risk in pursuit of
potential higher total return, TCM may also use some leveraging and hedging techniques (e.g., covered calls
and puts).
INVESTMENT STRATEGIES
TCM invests and manages client’s portfolios in accordance with an investment strategy selected by the client.
The selected strategy is then based on a model portfolio of securities that TCM believes best represent their
strategy in accordance with the client’s overall investment objectives and any client-imposed restrictions.
The current investment strategies offered by TCM are as follows:
• Multi-Cap Growth
• Multi-Cap Balanced
• Partners Strategy
• Sustainable Growth
Clients may impose restrictions on investing in certain securities. Some of TCM’s clients have restrictions as
to which securities may be purchased. Clients may have also placed restrictions on the percentage of assets
under management that may be held in the security of any one company.
WRAP FEE PROGRAMS
TCM provides portfolio management services to clients in certain wrap fee programs. The wrap fee accounts
are managed in accordance with the applicable investment strategy selected by the client and are managed in
a similar fashion as the non-wrap fee accounts in the same strategy. TCM receives a portion of the wrap fee
for the portfolio management services provided.
ASSETS UNDER MANAGEMENT
As of December 31, 2022, the total assets under management amounted to $822,181,062 on a discretionary
basis and $46,232,069 in assets on a non-discretionary basis, for model-based platforms such as Unified
Managed Accounts (UMA).