Gobi Capital LLC (San Francisco)

Name: Gobi Capital LLC
Address: 909 Montgomery Street, San Francisco, CA, 94133
Telephone: 415-288-7288

Gobi Capital LLC is a large advisory firm based in San Francisco. It manages $956.66 million of regulatory assets for 8 client accounts. It has been registered with the SEC as an adviser since 2016 and has operated in the jurisdiction of California.

Gobi Capital 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.

Gobi Capital: assets under management

The assets under management (AUM) of Gobi Capital LLC is $956.66 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 360% since the beginning of its operation, and $500.85 million of the total AUM is attributable to clients outside of the United States.

The firm manages $956.66 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $119.58 million each.

Gobi Capital has custody of $856.66 million in cash and securities for 7 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in cash and cash equivalents the most. They account for 100% of the total AUM.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Gobi Capital LLC 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 Gobi Capital serves?

The firm provides services to pooled investment vehicles and corporations or other businesses. The largest group of clients of Gobi Capital is pooled investment vehicles with 7 clients and $856.66 million of assets under management. Among the 8 most similar advisory firms, Gobi Capital has the 2nd highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $956.66 million for 8 clients. 63% of the firm’s clients are foreign persons or businesses.

Gobi Capital also advises several private funds. Namely, three hedge funds. The minimum investment commitment required of non-related persons is $1,000,000 for each fund.

Careers at Gobi Capital LLC

The company employs 4 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. Only one employee is registered as an investment adviser representative 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
Bo Leilei Shan	Managing member	1 Aug 2009	75% - 100%	5321003
Steven Yu Chieh Chen	Chief compliance officer and chief financial officer	1 Jan 2016	Other	6631463

Based in San Francisco

The principal office where Gobi Capital LLC performs its advisory services is located at 909 Montgomery Street, San Francisco, CA 94133, 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 415-288-7288. The normal business hours are 8:00 a.m. to 5:00 p.m. on Monday - Friday. You can find more information about the New York firm at linkedin.com/company/18064002/.