Tiger Legatus Capital Management, LLC (New York)


Tiger Legatus Capital Management, LLC is a large advisory firm based in New York. It manages $471.42 million of regulatory assets for 5 client accounts. It has been registered with the SEC as an adviser since 2012.

Tiger Legatus 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.

Tiger Legatus Capital Management: assets under management

The assets under management (AUM) of Tiger Legatus Capital Management, LLC is $471.42 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 207% since the beginning of its operation, and $333.69 million of the total AUM is attributable to clients outside of the United States.

The firm manages $471.42 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $94.28 million each.
Tiger Legatus Capital Management has custody of $471.42 million in cash and securities for 5 clients in total but doesn’t act as a qualified custodian.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Tiger Legatus Capital 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 Tiger Legatus Capital Management serves?

The only and largest group of clients of Tiger Legatus Capital Management is pooled investment vehicles with 5 clients and $471.42 million of assets under management. Among the 14 most similar advisory firms, Tiger Legatus Capital Management has the 2nd highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $471.42 million for 5 clients. 40% of the firm’s clients are foreign persons or businesses.

Tiger Legatus Capital Management also advises several private funds. Namely, four hedge funds and one private equity fund. The minimum investment commitment required of non-related persons ranges from $1,000,000 to $3,000,000.

Careers at Tiger Legatus Capital Management, LLC

The company employs 6 people that are either part- or full-time employees. 50 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
Jesse Sunhu Ro Managing member 1 Jul 2009 75% - 100% 6019762
Christopher Marra Chief financial officer 1 Jul 2009 Other 3223589
Michael Alexander Spero Chief compliance officer 1 Mar 2015 Other 4638465
John Park Chief financial officer 1 Jun 2017 Other 6872338
John Park Chief compliance officer 1 Mar 2018 Other 6872338

Based in New York

The principal office where Tiger Legatus Capital Management, LLC performs its advisory services is located at 712 5 Th Avenue, New York, NY 10019, 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 212-716-2368 or by fax 212-716-2361. The normal business hours are 8:30am -5:30pm on Monday - Friday.