Tourmalet Advisors, L.P. (Fairfield)

Name: Tourmalet Advisors, L.P.
Address: 163 Oldfield Road, Fairfield, CT, 06824
Telephone: 203-256-0100

Tourmalet Advisors, L.P. is a large advisory firm based in Fairfield. It manages $309 million of regulatory assets for 16 client accounts. It has been registered with the SEC as an adviser since 2012 and has operated in the jurisdiction of Connecticut.

Tourmalet Advisors 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.

Tourmalet Advisors: assets under management

The assets under management (AUM) of Tourmalet Advisors, L.P. is $309 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 3% since the beginning of its operation, and $36.93 million of the total AUM is attributable to clients outside of the United States.

The firm manages $309 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $19.31 million each.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Tourmalet Advisors, L.P. 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 Tourmalet Advisors serves?

The only and largest group of clients of Tourmalet Advisors is pooled investment vehicles with 16 clients and $309 million of assets under management. Among the 11 most similar advisory firms, Tourmalet Advisors has the highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $309 million for 16 clients. 38% of the firm’s clients are foreign persons or businesses.

Tourmalet Advisors also advises several private funds. Namely, thirteen hedge funds. The minimum investment commitment required of non-related persons ranges from $1,000,000 to $5,000,000.

Careers at Tourmalet Advisors, L.P.

The company employs 5 people that are either part- or full-time employees. 80 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
Llc Tourmalet Advisors Gp	General partner	1 Oct 2009	Other	27-0519915
Michael Anthony Corasaniti	Chairman, chief executive officer and chief investment officer	1 Oct 2009	Other	1844804
Carlos Jose Rodrigues	Chief compliance officer, chief financial officer, chief operating officer	1 Oct 2009	Other	4932189
Afsf Ii Aiv A L.P.	Limited partner	1 Aug 2013	25% - 50%	46-2797110
Afsf Ii Aiv B L.P.	Limited partner	1 Aug 2013	Other	46-2796908
Jeremy Joseph Joyce	Limited partner	1 Aug 2013	Other	6317047
Afsf Ii Aiv A Lp	Limited partner	1 Aug 2013	25% - 50%	46-2797110
Afsf Ii Aiv B Lp	Limited partner	1 Aug 2013	Other	46-2796908
Macquarie Rolland Inc.	Limited partner	1 Aug 2014	Other	47-1129150
Cynthia Young Stango	Chief compliance officer	1 Jun 2017	Other	6883008

Indirect Owners

The SEC currently registers 10 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Macquarie Equities (Us) Holdings Pty Limited	Owner	1 Mar 1994	75% - 100%	foreign
Macquarie Capital Group Limited	Owner	1 May 2001	75% - 100%	foreign
Macquarie Group Limited	Owner	1 Oct 2006	75% - 100%	foreign
Macquarie Rolland Inc.	Owner	1 Oct 2006	75% - 100%	00-0000000
Macquarie Capital International Holdings Pty Limited	Owner	1 Dec 2006	75% - 100%	foreign
Macquarie Group (Us) Holdings No. 1 Pty Limited	Owner	1 Feb 2007	75% - 100%	foreign
Macquarie Financial Holdings Limited	Owner	1 Feb 2007	75% - 100%	foreign
Macquarie Holdings (Usa) Inc.	Owner	1 Feb 2012	75% - 100%	13-3789912
Aquiline Capital Partners Ii Gp (Aiv) L.L.C.	General partner	1 Aug 2013	Other	46-2836569
Afsf Ii Aiv Investors (Cayman) L.P.	Limited partner	1 Aug 2013	75% - 100%	98-1029924

Based in Fairfield

The principal office where Tourmalet Advisors, L.P. performs its advisory services is located at 163 Oldfield Road, Fairfield, CT 06824, 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 203-256-0100. The normal business hours are 9:00am - 5:00pm on Monday - Friday. You can find more information about the New York firm at tourmaletadvisors.com.