Intrinsic Edge Capital Management LLC (Chicago)

Intrinsic Edge Capital Management LLC is a large advisory firm based in Chicago. It manages $1.47 billion of regulatory assets for 12 client accounts. It has been registered with the SEC as an adviser since 2016 and has operated in the jurisdictions of Florida and Illinois.

Intrinsic Edge Capital Management provides portfolio management for pooled investment vehicles and institutional investment research; model delivery. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Intrinsic Edge Capital Management: assets under management

The assets under management (AUM) of Intrinsic Edge Capital Management LLC is $1.47 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 192% since the beginning of its operation, and $328.4 million of the total AUM is attributable to clients outside of the United States.

The firm manages $1.47 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $122.39 million each.

Intrinsic Edge Capital Management has custody of $1.37 billion in cash and securities for 8 clients in total but doesn’t act as a qualified custodian.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Intrinsic Edge Capital 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 Intrinsic Edge Capital Management serves?

The only and largest group of clients of Intrinsic Edge Capital Management is pooled investment vehicles with 11 clients and $1.47 billion of assets under management. Among the 9 most similar advisory firms, Intrinsic Edge Capital Management has the 2nd highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $1.47 billion for 11 clients. None of the firm’s clients are foreign persons or businesses.

Intrinsic Edge Capital Management also advises several private funds. Namely, eight hedge funds. The minimum investment commitment required of non-related persons is $500,000 for each fund.

Careers at Intrinsic Edge Capital Management LLC

The company employs 18 people that are either part- or full-time employees. 50 percent of the employees work as investment advisers or researchers. 4 employees are registered as investment adviser representatives with the state securities authorities.

There are 4 people with the role of looking for and bringing in new clients on behalf of the firm. The firm compensates employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Akshay Kaura joined the executive team most recently as the Chief Operating Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Mark David Coe	Managing member	1 Jun 2016	Other	2475757
Jonathan Solomon Yaffe	Chief financial officer & chief operating officer & chief compliance officer	1 Jun 2016	Other	5906699
1993 Mark D. Coe Revocable Trust Dtd March 25	Owner	1 Jun 2016	Other	36-0409372
2012 Mark D. Coe 2012 Irrevocable Trust Dtd Sept. 20	Owner	1 Jun 2016	75% - 100%	46-6299063
John Samuel Gallop	Chief executive officer	1 Aug 2017	Other	1554535
Brian Edward Franc	Chief compliance officer	1 Sep 2017	Other	2170342
Elizabeth Anne Ryan	Chief compliance officer & general counsel	1 Feb 2019	Other	7084395
Akshay Kaura	Chief operating officer	1 Mar 2019	Other	7086120

Indirect Owners

The SEC currently registers 2 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Mark David Coe	Trustee	1 Mar 1993	75% - 100%	2475757
Mark David Coe	Trustee	1 Nov 2012	75% - 100%	2475757

Based in Chicago

The principal office where Intrinsic Edge Capital Management LLC performs its advisory services is located at 180 North Lasalle Street, Chicago, IL 60601, 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 312-734-1094 or by fax 847-597-1730. The normal business hours are 8:00 am - 5:00 pm on Monday - Friday.