Sidus Investment Management, LLC (New York)

Name: Sidus Investment Management, LLC
Address: 767 Third Avenue, New York, NY, 10017
Telephone: 212-751-6644

Sidus Investment Management, LLC is a mid-sized advisory firm based in New York. It manages $93.12 million of regulatory assets for 5 client accounts. It has been registered with the SEC as an adviser since 2006.

Sidus Investment Management provides portfolio management for pooled investment vehicles and sub advisor to a private fund. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Sidus Investment Management: assets under management

The assets under management (AUM) of Sidus Investment Management, LLC is $93.12 million, all of which is managed in discretionary accounts. The firm's AUM has gone down by -70% since the beginning of its operation, and $9.7 million of the total AUM is attributable to clients outside of the United States.

The firm manages $93.12 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $18.62 million each.

Investments

The firm invests in exchange traded securities the most. They account for 55% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 33% of the firm’s portfolio. Investments in non-investment grade corporate bonds form 12% of the total invested assets.

Fees & Commissions

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

The only and largest group of clients of Sidus Investment Management is pooled investment vehicles with 4 clients and $83.41 million of assets under management. Among the 4 most similar advisory firms, Sidus Investment Management has the lowest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $83.41 million for 4 clients. 20% of the firm’s clients are foreign persons or businesses.

Sidus Investment Management also advises several private funds. Namely, four hedge funds. The minimum investment commitment required of non-related persons is $1,000,000 for each fund.

Careers at Sidus Investment Management, LLC

The company employs 5 people that are either part- or full-time employees. 40 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
Alfred Victor Tobia	Managing member (sidus investment management, llc)	1 Feb 2000	50% - 75%	1594221
Michael Joseph Barone	Managing member (sidus investment management, llc)	1 Feb 2000	50% - 75%	1708608
Alfred V Tobia	Member	1 Feb 2000	25% - 50%	1594221
Michael J Barone	Member	1 Feb 2000	25% - 50%	1708608
Jacob Arron Broff	Head trader	1 Feb 2000	Other	5075704
Jacob A Broff	Chief financial officer	1 Feb 2003	Other	5075704
Jacob Arron Broff	Chief financial officer	1 Feb 2003	Other	5075704
Paul A Krieger	Elected manager	1 Mar 2003	Other	2233641
Paul Adam Krieger	Elected manager	1 Mar 2003	Other	2233641
Peter A Oshiro	Chief compliance officer	1 Sep 2004	Other	5075707
Peter Angelo Oshiro	Chief compliance officer	1 Sep 2004	Other	5075707
Christopher E Skoog	Chief compliance officer	1 Sep 2008	Other	5357189
Christopher Evans Skoog	Chief compliance officer, chief financial officer (of sidus investment management, llc and sidus iv capital management, llc)	1 Sep 2008	Other	5357189
Paul Carroll Hackett	Managing member (sidus iv capital management, llc)	1 Apr 2009	50% - 75%	2215617
Alfred Victor Tobia	Managing member (sidus iv capital management, llc)	1 Apr 2009	Other	1594221
Michael Joseph Barone	Managing member (sidus iv capital management, llc)	1 Apr 2009	Other	1708608
Steven Carey Millner	Managing member (of sidus iv capital management, llc)	1 Apr 2009	Other	2462209
Alfred Victor Tobia	Chief compliance officer (of sidus investment management, llc and sidus iv capital management, llc)	1 Jun 2012	Other	1594221
Peter Angelo Oshiro	Chief compliance officer (sidus investment management, llc and sidus iv capital management, llc)	1 May 2013	Other	5075707
Steven Carey Millner	Passive owner (sidus iv capital management, llc)	1 Mar 2015	Other	2462209
Mark Charles Schalles	Chief compliance officer (sidus investment management, llc and sidus iv capital management, llc)	1 Apr 2016	Other	1437518
Alfred Victor Tobia	Passive member (sidus investment management, llc)	1 Sep 2019	50% - 75%	1594221

Based in New York

The principal office where Sidus Investment Management, LLC performs its advisory services is located at 767 Third Avenue, New York, NY 10017, 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 212-751-6644 or by fax 212-751-6647. The normal business hours are 9am-5pm on Monday - Friday. You can find more information about the New York firm at sidusfunds.com/.