Quona Capital, LLC (Washington)

Quona Capital, LLC is a large advisory firm based in Washington. It manages $246.49 million of regulatory assets for 4 client accounts. It has been registered with the SEC as an adviser since 2015 and has operated in the jurisdiction of District of Columbia.

Quona Capital provides portfolio management for pooled investment vehicles and portfolio management for businesses and institutional clients. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Quona Capital: assets under management

The assets under management (AUM) of Quona Capital, LLC is $246.49 million. $231.6 million of the total AUM is attributable to clients outside of the United States.

Quona Capital has custody of $161.89 million in cash and securities for 2 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in non-exchange traded securities the most. They account for 100% of the total AUM.

Fees & Commissions

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

The firm provides services to charitable organizations, pooled investment vehicles, and corporations or other businesses. The largest group of clients of Quona Capital is pooled investment vehicles with 2 clients and $229.6 million of assets under management. Among the 10 most similar advisory firms, Quona Capital has the highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $246.49 million for 4 clients. 75% of the firm’s clients are foreign persons or businesses.

Quona Capital also advises several private funds. Namely, two venture capital funds. The minimum investment commitment required of non-related persons ranges from $500,000 to $1,000,000.

Careers at Quona Capital, LLC

The company employs 24 people that are either part- or full-time employees. 46 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
Jonathan Harold Whittle	Principal	1 May 2014	Other	4731850
Miguel Darcy Herrera	Principal	1 May 2014	Other	4831228
Hartmann Keith Adam	Chief compliance officer	1 May 2014	Other	6449864
Engel Brand Monica	Principal	1 May 2014	Other	6449866
Venkateshwaran Ganesh Rengaswamy	Principal	1 Aug 2014	Other	6450765
Hartmann Keith Adam	Chief compliance officer	1 May 2015	Other	6449864
Jonathan Harold Whittle	Principal	1 May 2015	50% - 75%	4731850
Engel Brand Monica	Principal	1 May 2015	50% - 75%	6449866
Quona Capital Holdings Ltd.	Sole shareholder	1 Jun 2015	75% - 100%	foreign entity
Aicha Yasmina Haidara Ben Becaye	Chief compliance officer/head of operations	1 Nov 2015	Other	5191438
Hartmann Keith Adam	Director of operations/chief compliance officer	1 May 2016	Other	6449864
Stephanie Lund Komsa	Chief compliance officer, head of operations	1 Mar 2018	Other	6785805

Indirect Owners

The SEC currently registers 2 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Jonathan Harold Whittle	Shareholder	1 Jun 2015	25% - 50%	4731850
Engel Brand Monica	Shareholder	1 Jun 2015	25% - 50%	6449866

Based in Washington

The principal office where Quona Capital, LLC performs its advisory services is located at 1101 15 Th Street Nw, Washington, DC 20005, 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 202-706-5886 or by fax 202-521-4064. The normal business hours are 9:00am - 5:00pm on Monday - Friday.