Southern Cross Management (Santiago)

Name: Southern Cross Management
Address: El Regidor 66, Santiago, 755 0815
Telephone: +56 2 2666 5600

Southern Cross Management is a large advisory firm based in Santiago. It manages $1.2 billion of regulatory assets for 6 client accounts. It has been registered with the SEC as an adviser since 2012.

Southern Cross 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.

Southern Cross Management: assets under management

The assets under management (AUM) of Southern Cross Management is $1.2 billion, all of which is managed in discretionary accounts. The firm's AUM has gone down by -52% since the beginning of its operation, and $1.2 billion of the total AUM is attributable to clients outside of the United States.

The firm manages $1.2 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $200.37 million each.

Southern Cross Management has custody of $1.2 billion in cash and securities for 6 clients in total but doesn’t act as a qualified custodian.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Southern Cross Management 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 Ricardo Rodriguez serves?

The only and largest group of clients of Ricardo Rodriguez is pooled investment vehicles with 6 clients and $1.2 billion of assets under management. Among the 6 most similar advisory firms, Southern Cross Management has the highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $1.2 billion for 6 clients. 100% of the firm’s clients are foreign persons or businesses.

Southern Cross Management also advises several private funds. Namely, two private equity funds. The minimum investment commitment required of non-related persons ranges from $5,000,000 to $10,000,000.

Careers at Southern Cross Management

The company employs 33 people that are either part- or full-time employees. 76 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.

Ricardo Rodriguez has been acting as President since 1 Oct 2006. Gonzalo Alende Serra joined the executive team most recently as the Chief Compliance Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Pinckney Capital Partners	Shareholder	1 Oct 2006	25% - 50%	foreign entity
Covent Garden Holdings Llc	Shareholder	1 Oct 2006	25% - 50%	xxx-xx-xxxx
South Bay Partners	Shareholder	1 Oct 2006	25% - 50%	foreign entity
Ricardo Rodriguez	Director	1 Oct 2006	Other	2118017
Norberto O Morita	Director	1 Oct 2006	Other	6026676
Raul F Sotomayor	Director	1 Oct 2006	Other	6026679
Llc Covent Garden Holdings	Shareholder	1 Oct 2006	25% - 50%	xxx-xx-xxxx
Gonzalo Alende Serra	Chief compliance officer	1 Sep 2011	Other	6026681

Indirect Owners

The SEC currently registers 14 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Caminur S.A.	Shareholder	1 Sep 2000	75% - 100%	foreign entity
Binario S.A.	Shareholder	1 Sep 2000	75% - 100%	foreign entity
Miyuki Finance S.A.	Shareholder	1 Oct 2005	50% - 75%	foreign entity
Battery Trust	Member	1 Oct 2005	75% - 100%	xxx-xx-xxxx
Lidelan S.A.	Shareholder	1 Dec 2005	25% - 50%	foreign entity
Barabel S.A.	Shareholder	1 Dec 2005	25% - 50%	foreign entity
Filenor S.A.	Shareholder	1 Dec 2005	25% - 50%	foreign entity
Norberto O Morita	Shareholder	1 Dec 2005	75% - 100%	6026676
Raul F Sotomayor	Trustee	1 Jul 2006	Other	6026679
Starcrest Trust	Member	1 Aug 2006	75% - 100%	xxx-xx-xxxx
Ricardo Rodriguez	Shareholder	1 Dec 2006	75% - 100%	2118017
Violine Holding Limited	Member	1 Dec 2006	75% - 100%	foreign entity
Llc South Pacific Capital Partners	Shareholder	1 Dec 2006	75% - 100%	xxx-xx-xxxx
Starcrest Llc	Shareholder	1 May 2007	25% - 50%	xxx-xx-xxxx

Based in Santiago

The principal office where Southern Cross Management performs its advisory services is located at El Regidor 66, Santiago, 755 0815 The mailing address of the firm is C/O Citco Trust Company, Georgetown, Ky1 1205. An additional office of the firm is in Miami Beach, FL. The firm also has an office outside of the United States.

You can reach the main office by calling the phone number +56 2 2666 5600 or by fax +56 2 2582 5180. The normal business hours are 9:00 am - 5:00 pm on Monday - Friday. You can find more information about the New York firm at southerncrossgroup.com.