Leucadia Asset Management LLC
Assets Under Management
$4.0B
Number of Clients
16
Number of Advisors
6
Average Client AUM
$252.7M
AUM per Advisor
$673.8M
Compensation
Fee-Only (AUM)Fixed/Hourly
About This Firm
Leucadia Asset Management LLC (LAM) offers advisory and portfolio management services through separately managed accounts (SMAs) and private investment funds. Kathmandu, a division of LAM, focuses on generating absolute returns using a global long/short investment strategy in energy and related cyclical industries. The investment process involves deep fundamental research of macroeconomic and microeconomic factors.
Fee Structure
Management fees for funds are typically 1.5% per annum of an investor’s capital account, accruing and payable monthly in arrears. Incentive fees are typically 20% of net new income, paid at the end of the calendar year or upon redemption. SMA fees may be similar or alternate fee structures may be agreed upon. SMA clients are directly invoiced, typically quarterly. The firm may vary or waive fees at its discretion.
Areas of Practice
Location
520 Madison Avenue, New York, NY, 10022-4213