SUB~ROSA CAPITAL does not charge "Management Fees".

SUB~ROSA CAPITAL only charges "Performance Fees".

Management Fees wrongly incentivize asset managers to continually raise AUM in order to increase revenues.

We serve our Clients best interests. If Clients do not make money, we do not make money.

We are asset managers not "bookies", and on that basis, it is reasonable to assume that no one is more interested in clients making money than ourselves.

After all, nothing human is without self interest. It's that simple.

Services & Fees

"Only a brilliant ruler or a wise general who can use the highly intelligent as an information source is assured of great success."

SUN-TZU - The Art of War

SUB~ROSA CAPITAL is a Registered Investment Advisory Firm and engages in the trading of Securities on behalf of its Clients. SUB~ROSA CAPITAL assumes all investment duties with respect to assets held in the Client accounts and maintains all investment powers, including sole investment authority. 

SUB~ROSA CAPITAL invests and reinvests principal and income, including the proceeds thereof and additions to said Accounts, in such Securities or other property of any kind as it deems in the best interests of Clients.

Clients retain all indicia of ownership, and do not give up ownership of the cash or securities in Client Accounts.  SUB~ROSA CAPITAL may take any action or non-action as it deems appropriate, with or without other consent or authority from the Client, and may exercise it’s discretion and deal in and with such assets exactly as fully and freely as the Client might do as owner thereof, except that SUB~ROSA CAPITAL is not authorized to withdraw any money, securities, or other property either in the name of the Client or otherwise, other than in conjunction with payment of fees owed to SUB~ROSA CAPITAL, which may be debited from the Client’s Account upon receipt of a SUB~ROSA invoice, (quarterly, in arrears).

SUB~ROSA CAPITAL is free to sell Securities in the Account regardless of the length of time they have been held.  SUB~ROSA CAPITAL is further free to make investment changes regardless of the resulting rate of portfolio turnover, when in SUB~ROSA CAPITAL’s discretion; it determines that such changes will promote the investment objectives of the Account.

The investment management service involves initial discussions of Client objectives, investment experience, risk tolerance, portfolio analysis and SUB~ROSA CAPITAL investment philosophy.  SUB~ROSA CAPITAL then creates a customized diversified portfolio without assuming undue risk.  Although risk can never be entirely eliminated it can be substantially reduced.

SUB~ROSA CAPITAL does not charge "Management Fees". SUB~ROSA CAPITAL only charges "Performance Fees". We believe Management Fees wrongly incentivize asset managers to continually raise AUM in order to increase revenues. We serve our Clients best interests. If Clients do not make money, we do not make money. We are asset managers not "bookies", and on that basis, it is reasonable to assume that no one is more interested in clients making money than ourselves. After all, nothing human is without self interest. It's that simple.

Performance Fees are charged as a percentage of gains, averaged at each month end within the calendar quarter, payable at the end of each calendar quarter, in arrears.  Fees are easily calculated because they are a percentage of realized gains. The fees are negotiable. Performance Fees are charged to the Account automatically (with the clients’ written authorization).

The minimum deposit for opening an Account with SUB~ROSA CAPITAL, L.L.C. is $1,000,000 in cash and/or securities.


SUB~ROSA CAPITAL is a Registered Investment Advisor with the California Department of Corporations. SUB~ROSA CAPITAL may only transact business or render personalized investment advice in those states and international jurisdictions where we have registered, filed notice or where we qualify for an exemption or exclusion from registration requirements.
This site is for informational purposes only and does not constitute an offer to sell or a solicitation of an offer to buy any security which may be referenced herein. We strongly urge that you consult with your financial or tax advisor with regard to your individual situation.