Piraeus Management LLC (Moon Township)

Name: Piraeus Management LLC
Address: 425 Moon Clinton Road, Moon Township, PA, 15108
Telephone: 412-262-2000

Piraeus Management LLC is an adviser based in Moon Township. It manages $200 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 Pennsylvania.

Piraeus 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.

Piraeus Management: assets under management

The assets under management (AUM) of Piraeus Management LLC is $200 million, all of which is managed in discretionary accounts. The company doesn't manage any assets belonging to foreign clients.

The firm manages $200 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $100 million each.

Piraeus Management has custody of $200 million in cash and securities for 2 clients in total but doesn’t act as a qualified custodian.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Piraeus 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 Piraeus Management serves?

The only and largest group of clients of Piraeus Management is pooled investment vehicles with 2 clients and $200 million of assets under management. Among the 7 most similar advisory firms, Piraeus Management has the highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $200 million for 2 clients. None of the firm’s clients are foreign persons or businesses.

Piraeus Management also advises several private funds. Namely, two private equity funds.

Careers at Piraeus Management LLC

The company employs 3 people that are either part- or full-time employees. 67 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
Sean Ds Sebastian	Managing partner	1 May 2017	25% - 50%	6047903
Matteo Alessandro Gruelle	Managing partner	1 May 2017	25% - 50%	6909512
Piraeus Group Llc	General partner	1 May 2017	Other	82-3152690
Maria Jo Ferguson	Cco, cfo	1 Jan 2018	Other	6909516

Based in Moon Township

The principal office where Piraeus Management LLC performs its advisory services is located at 425 Moon Clinton Road, Moon Township, PA 15108, 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 412-262-2000. The normal business hours are 9am - 5pm on Monday - Friday. You can find more information about the New York firm at piraeusgroup.net.