Acon Latam Management, LLC (Washington)

Name: Acon Latam Management, LLC
Address: 1133 Connecticut Avenue, Nw , Suite 700, Washington, DC, 20036
Telephone: 202-454-1100

Acon Latam Management, LLC is a large advisory firm based in Washington. It manages $865.07 million of regulatory assets for 24 client accounts. It has been registered with the SEC as an adviser since 2012 and has operated in the jurisdiction of District of Columbia.

Acon Latam Management provides portfolio management for pooled investment vehicles. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Acon Latam Management: assets under management

The assets under management (AUM) of Acon Latam Management, LLC is $865.07 million. The firm's AUM has grown by 321% since the beginning of its operation, and $839.33 million of the total AUM is attributable to clients outside of the United States.

The firm manages $783.27 million in discretionary accounts and $81.81 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $34.06 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $81.81 million.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Acon Latam Management, LLC for their services and products based on a percentage of assets under management and performance-based fees. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Andre Bhatia serves?

The only and largest group of clients of Andre Bhatia is pooled investment vehicles with 24 clients and $865.07 million of assets under management. Among the 6 most similar advisory firms, Acon Latam Management has the 3rd highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $865.07 million for 24 clients. 92% of the firm’s clients are foreign persons or businesses.

Acon Latam Management also advises several private funds. Namely, twenty four private equity funds. The minimum investment commitment required of non-related persons ranges from $500,000 to $5,000,000.

Careers at Acon Latam Management, LLC

The company employs 39 people that are either part- or full-time employees. 62 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.

There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Andre Bhatia has been acting as President since 1 Nov 2008. Acon Investment Holdings L.L.C. joined the executive team most recently as the Member.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Acon Investment Holdings L.L.C.	Member	1 Nov 2008	50% - 75%	26-2322747
Andre Bhatia	Director	1 Nov 2008	Other	2387406
Jorge Javier Dickens	Director	1 Nov 2008	Other	4732212
Jose Miguel Knoell	Director	1 Nov 2008	Other	2609650
Bernard Aronson	Director	1 Nov 2008	Other	5907220
Kenneth Ross Brotman	Director	1 Nov 2008	Other	1936904
Daniel Jinich	Director	1 Nov 2008	Other	5994317
Jonathan Ginns	Director	1 Nov 2008	Other	5907218
Barry Edwin Johnson	Cfo	1 Nov 2008	Other	4677654
Teresa Young Bernstein	Cco, clo	1 Jul 2013	Other	6029501
Kwame Akini Lewis	Acting cfo	1 Dec 2016	Other	6776597
Kwame Akini Lewis	Cfo	1 Jan 2018	Other	6776597
Acon Investment Holdings L.L.C.	Member	1 Nov 2088	50% - 75%	26-2322747

Indirect Owners

The SEC currently registers 3 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Bernard Aronson	Managing member	1 Nov 2007	25% - 50%	5907220
Kenneth Ross Brotman	Managing member	1 Nov 2007	25% - 50%	1936904
Jonathan Ginns	Managing member	1 Nov 2007	25% - 50%	5907218

Based in Washington

The principal office where Acon Latam Management, LLC performs its advisory services is located at 1133 Connecticut Avenue, Nw , Suite 700, Washington, DC 20036, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 202-454-1100 or by fax 202-454-1101. The normal business hours are 9-5 on Monday - Friday. You can find more information about the New York firm at aconinvestments.com.