Venture Capital Fund Of America Iii, Inc. (New York)

Name: Venture Capital Fund Of America Iii, Inc.
Address: 509 Madison Ave, New York, NY, 10022
Telephone: 212-838-5577

Venture Capital Fund Of America Iii, Inc. is a large advisory firm based in New York. It manages $114.38 million of regulatory assets for 6 client accounts. It has been registered with the SEC as an adviser since 2012 and has operated in the jurisdictions of California and New York.

Venture Capital Fund Of America Iii 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.

Venture Capital Fund Of America Iii: assets under management

The assets under management (AUM) of Venture Capital Fund Of America Iii, Inc. is $114.38 million, all of which is managed in discretionary accounts. The firm's AUM has gone down by -78% since the beginning of its operation, and $3.71 million of the total AUM is attributable to clients outside of the United States.

The firm manages $114.38 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $19.06 million each.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Venture Capital Fund Of America Iii, Inc. for their services and products based on 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 Dayton Thomas Carr serves?

The only and largest group of clients of Dayton Thomas Carr is pooled investment vehicles with 6 clients and $114.38 million of assets under management. Among the 10 most similar advisory firms, Venture Capital Fund Of America Iii has the highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $114.38 million for 6 clients. 4% of the firm’s clients are foreign persons or businesses.

Venture Capital Fund Of America Iii also advises several private funds. Namely, eight other private funds. The minimum investment commitment required of non-related persons ranges from $0 to $250,000.

Careers at Venture Capital Fund Of America Iii, Inc.

The company employs 11 people that are either part- or full-time employees. 55 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.

Dayton Thomas Carr has been acting as President since 1 Jan 1982. Edward Hortick joined the executive team most recently as the Managing Director.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Dayton Thomas Carr	President	1 Jan 1982	50% - 75%	41403
Deena Beth Seelenfreund	Cfo cco	1 Mar 1998	Other	6029041
Edward Hortick	Managing director	1 Feb 2005	Other	4918450
Steven Jeffrey Taubman	Managing director	1 Feb 2005	Other	4918464
Brett Douglas Byers	Shareholder	1 Feb 2005	Other	4918470

Based in New York

The principal office where Venture Capital Fund Of America Iii, Inc. performs its advisory services is located at 509 Madison Ave, New York, NY 10022, which is also the mailing address of the firm. An additional office of the firm is in Pacifica, CA. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 212-838-5577 or by fax 212-838-7614. The normal business hours are 9am-5pm on Monday - Friday. You can find more information about the New York firm at vcfa.com and its LinkedIn profile.