Prosiris Capital Management LP (New York)


Prosiris Capital Management LP is a large advisory firm based in New York. It manages $205.39 million of regulatory assets for 7 client accounts. It has been registered with the SEC as an adviser since 2013 and has operated in the jurisdiction of New York.

Prosiris Capital 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.

Prosiris Capital Management: assets under management

The assets under management (AUM) of Prosiris Capital Management LP is $205.39 million, all of which is managed in discretionary accounts. The firm's AUM has gone down by -87% since the beginning of its operation, and $196.44 million of the total AUM is attributable to clients outside of the United States.

The firm manages $205.39 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $29.34 million each.
Prosiris Capital Management has custody of $205.39 million in cash and securities for 7 clients in total but doesn’t act as a qualified custodian.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Prosiris Capital Management LP for their services and products based on a percentage of assets under management and performance-based fees. The adviser charges an additional fee when a set benchmark is outperformed. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Prosiris Capital Management serves?

The only and largest group of clients of Prosiris Capital Management is pooled investment vehicles with 7 clients and $205.39 million of assets under management. Among the 10 most similar advisory firms, Prosiris Capital Management has the 3rd highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $205.39 million for 7 clients. 72% of the firm’s clients are foreign persons or businesses.

Prosiris Capital Management also advises several private funds. Namely, two hedge funds. The minimum investment commitment required of non-related persons is $5,000,000 for each fund.

Careers at Prosiris Capital Management LP

The company employs 14 people that are either part- or full-time employees. 64 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.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Reza Ali Chief executive officer and chief investment officer 1 Aug 2009 75% - 100% 2385983
Reza Ali Managing member of prosiris gp llc 1 Sep 2009 75% - 100% 2385983
Jerry Chang Chief financial officer 1 Nov 2009 Other 4962008
Serge Todorovich General counsel and chief compliance officer 1 Jul 2013 Other 5233090
Prosiris Capital Management Gp Llc General partner 1 Sep 2013 Other 99-9999999
Karen Tame Vejseli Chief financial officer 1 Oct 2014 Other 4671929
Karen T Vejseli Chief financial officer 1 Oct 2014 Other 4671929
Christopher Karl Edele Acting chief financial officer and director of operations 1 Jun 2016 Other 2398093
Christopher Karl Edele Acting chief financial officer and chief compliance officer 1 Dec 2016 Other 2398093

Indirect Owners

The SEC currently registers 1 indirect owner.

Name Entity Date acquired Ownership Employer ID
Reza Ali Managing member of prosiris capital management gp llc 1 Sep 2013 75% - 100% 2385983

Based in New York

The principal office where Prosiris Capital Management LP performs its advisory services is located at 510 Madison Avenue, New York, NY 10022, 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 212-291-7120. The normal business hours are 9am - 6pm on Monday - Friday. You can find more information about the New York firm at prosiris.com.