Turnbridge Re Fund Management Company I LLC (New York)

Turnbridge Re Fund Management Company I LLC is a large advisory firm based in New York. It manages $183.67 million of regulatory assets for 2 client accounts. It has been registered with the SEC as an adviser since 2018 and has operated in the jurisdiction of California.

Turnbridge Re Fund Management Company I 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.

Turnbridge Re Fund Management Company I: assets under management

The assets under management (AUM) of Turnbridge Re Fund Management Company I LLC is $183.67 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 20% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $183.67 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $91.84 million each.

Turnbridge Re Fund Management Company I has custody of $183.67 million in cash and securities for 2 clients in total but doesn’t act as a qualified custodian.

What kind of clients Turnbridge Re Fund Management Company I serves?

The only and largest group of clients of Turnbridge Re Fund Management Company I is pooled investment vehicles with 2 clients and $183.67 million of assets under management. Among the 9 most similar advisory firms, Turnbridge Re Fund Management Company I has the 2nd highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $183.67 million for 2 clients. None of the firm’s clients are foreign persons or businesses.

Turnbridge Re Fund Management Company I also advises several private funds. Namely, two real estate funds.

Careers at Turnbridge Re Fund Management Company I LLC

The company employs 13 people that are either part- or full-time employees. 77 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
Andrew Joblon	Managing principal and chief compliance officer	1 Dec 2017	Other	4980342
Turnbridge Re Fund Management Company I Parent Llc	Owner	1 Dec 2017	75% - 100%	0000000000
Ryan K Nelson	Managing principal	1 Feb 2018	Other	6958271
Roger Plourde	Principal	1 Feb 2018	Other	6958273
Jessica Wald	Chief compliance officer	1 Jul 2018	Other	7001186
Elie Norowitz	Chief financial officer	1 May 2019	Other	7118336

Based in New York

The principal office where Turnbridge Re Fund Management Company I LLC performs its advisory services is located at 4 Bryant Park, New York, NY 10018, which is also the mailing address of the firm. An additional office of the firm is in Los Angeles, CA. It doesn’t run an office outside of the United States.