Tran Capital Management LP

-

Assets, Funds, Holdings

Home | Sign Up | Log In
New Features
Latest Fund Raises
Related People
Fund Service Providers
Startup & Company Raises
List of Funds
Boston Firms
Boston Hedge Funds
Cornell Alumni Firms
CalPERS Portfolio
NYSCRF Portfolio
User Guide
Regulatory AUM vs AUM
LP Portfolios
Related Firms
Build a Portfolio
Comprehensive Search
Keyboard
Tran Capital Management LP
CRD #107049
SEC #801-9747
CIK #0001009262
AUM 890.3 M (2026-02-23)
Employees 7 (43% Investors, 14% Brokers)
Fees
Minimum
Phone415-461-3800
Address1000 4th St
San Rafael, CA 94901
Source [IAPD] [EDGAR] [Website] [LinkedIn]
Total AUM ($B)
6.04.83.62.41.20.01999200820172027
Fees and Compensation — Form ADV Part 2A (2/23/2026) [Brochure]
ITEM 5 – FEES AND COMPENSATION
TCM charges a tiered, percentage-based fee, calculated on the market value of the assets in the client’s
account. Fees are paid in multiple ways; fees are payable quarterly in arrears and some are paid in advance.
Alternative frequency of payment and/or methods of calculation may be available, where appropriate or upon
a client’s request. The quarterly fee is calculated by multiplying the fair market value of cash and securities
in the portfolio as of the close of the quarter by the applicable quarterly percentage.

Accounts that open or close during the quarter will receive a prorated bill for the partial quarter. For those
clients that pay fees in advance, clients will receive a prorated refund of any unearned prepaid fees upon
termination. Client may terminate the investment advisory agreement at any time upon written notice
thereof to TCM. TCM may terminate the investment advisory agreement at any time upon thirty (30) day’s
prior written notice thereof to the client.

TCM’s management fees are ordinarily calculated by TCM and are calculated on TCMs valuation of the assets
in the client’s portfolio. In certain instances, TCM and the client may agree that the fees should be calculated

based upon the custodian’s valuation of the assets in the client’s portfolio. In addition, when TCM manages
multiple accounts for a particular client, or for a related group of clients, fee calculations may be based on the
total assets under management or a relationship fee discount may be available.

TCM obtains authorization from its clients to deduct management fees directly from the client’s account.
However, clients may direct TCM to bill for fees incurred. Where TCM has authorization to deduct the fees
from the account, TCM delivers an original invoice to the broker/custodian for payment and delivers a copy of
the invoice to the client.

In addition to TCM’s management fees, clients may incur brokerage, custodial and other transaction costs.
Please refer to Item 12 – Brokerage Practices for additional details.

FEE SCHEDULES – DUAL CONTRACT, SEPARATELY MANAGED ACCOUNTS
The following describes TCM’s standard fee schedules for separately managed accounts by platform and
product. Fees may be negotiable where special circumstances exist and arrangements with any particular
client may vary. Certain accounts of persons affiliated with TCM may be managed without fees or at a reduced
fee. In some cases, fees charged by TCM may be greater than fees charged by other investment advisers for
similar services, in other cases, our fees may be lower.

MULTI-CAP GROWTH
1.00% on the first $10mm, plus
0.50% on assets over $10mm
Minimum Account Size $1,000,000*

MULTI-CAP BALANCED
1.00% on the first $10mm, plus
0.50% on assets over $10mm
Minimum Account Size $1,000,000*

PARTNERS STRATEGY
1.00% on the first $10mm, plus
0.50% on assets over $10mm
Minimum Account Size $1,000,000*

SUSTAINABLE GROWTH
1.00% on the first $10mm, plus
0.50% on assets over $10mm
Minimum Account Size $1,000,000*

* TCM reserves the right to waive the minimum account size requirement.

FEE SCHEDULES – WRAP PROGRAMS, SEPARATELY MANAGED ACCOUNTS
Wrap program sponsors typically offer comprehensive brokerage, custodial and advisory services for a single
“wrap fee” based on a percentage of assets under management. The program sponsor then pays TCM a portion
of the wrap fee in connection with the advisory services it provides. In wrap fee accounts, TCM is chosen by
the client to act as an investment adviser through a selection process administered by the wrap program
sponsor. The client information compiled through the selection process enables TCM to provide individualized
investment services, which it maintains through ongoing contact with the wrap sponsor. TCM is available for
direct telephone calls with wrap clients at their request, and periodically, at the discretion of the wrap sponsor.
The wrap sponsor’s services generally include, in addition to assistance with the selection of one or more
investment advisers, execution of portfolio transactions (free of commissions), custodial services, including
trade confirmation and periodic reporting, continuing evaluation of investment performance, and consultation
on investment objectives and suitability.

When TCM serves as a wrap investment sub-adviser, it contracts with the wrap program sponsor for its
services rather than the clients of the wrap sponsor. The wrap sponsor serves as a master investment adviser
and is responsible for much of the client record-keeping and reporting. The management fees payable to TCM
are generally lower than those paid to TCM as a dual contract separate account manager, reflecting that some
of the services it would otherwise provide are provided instead by the program sponsor.

Each client should evaluate whether a given wrap program is suitable for their needs. The client should
consider the level of the single fee being charged under the wrap program relative to the package of services
being provided including the amount of portfolio activity in the account as well as the value of custodial and
portfolio monitoring services. The single fee may be higher or lower than the total cost of all services the client
is receiving were they to pay for each service separately.

The following describes TCM’s standard fee schedules for WRAP platforms by product. Fees and minimums
may be negotiable where special circumstances exist and arrangements with any particular client may vary.

         MULTI-CAP GROWTH EQUITY
         0.50% on all assets
         Minimum Account Size: $1,000,000

FEE SCHEDULES – MUTUAL FUNDS
TCM provides investment management services as an adviser to the “Cromwell Tran Sustainable Focus Fund
– Total Funds Solutions” (Cromwell Tran Sustainable Focus Fund) and the “Cromwell Sustainable Balanced
Fund”, portfolios registered under the Investment Company Act of 1940. TCM charges the Cromwell Tran
...
Account Minimums and Types of Clients — Form ADV Part 2A (2/23/2026) [Brochure]
ITEM 7 – TYPES OF CLIENTS
TCM offers investment advice to individuals, pension and profit sharing plans, trusts, estates, charitable
organizations, academic endowments, corporations, a registered investment company and other business
entities through separately managed accounts. TCM provides investment management services as an adviser
to the Cromwell Tran Sustainable Focus Fund, a registered investment company.
Sector Form 13F Holdings Value ($B)
ARM Holdings PLC /UK 0.1
Palo Alto Networks Inc 0.1
Nvidia Corp 0.1
Amazon Com Inc 0.0
Alphabet Inc 0.0
Ferguson Enterprises Inc /DE/ 0.0
GE Vernova Inc 0.0
Danaher Corp /DE/ 0.0
Microsoft Corp 0.0
Talen Energy Corp 0.0
View All
Holdings by Sector ($B)
6.04.83.62.41.20.02011201620212027
Type Form D Funds Date Sold AUM
Other TCM SPV I LLC [2022-03-28] 20.5 M 9.4 M
Offered $20,500,000 · Filed 2021-10-01 (D) · Exemption 506(b) · Minimum $500,000 · Duration One year or less · Net Assets Decline to Disclose
HF Analog Capital Fund LP [2018-03-29] 14.4 M 12.9 M
Filed 2019-06-21 (D/A) · Exemption 506(b), 3(c), 3(c)(7) · Minimum $100,000 · Remaining Indefinite · Duration More than one year · Net Assets Decline to Disclose
AUM Breakdown Accounts AUM ($B)
By Client Type
(a) Individuals (other than high net worth individuals) 215 0.2
(b) Individuals (high net worth individuals) 78 0.3
(c) Banking or thrift institutions 0 0.0
(d) Investment companies 1 0.0
(e) Business development companies 0 0.0
(f) Pooled investment vehicles 0 0.0
(g) Pension and profit sharing plans 4 0.0
(h) Charitable organizations 17 0.2
(i) State or municipal government entities 0 0.0
(j) Other investment advisers 0 0.0
(k) Insurance companies 0 0.0
(l) Sovereign wealth funds and foreign official institutions 0 0.0
(m) Corporations or other businesses not listed above 14 0.1
(n) Other 19 0.0
Total 348 0.9
By Discretionary
Discretionary 329 0.9
Non-Discretionary 19 0.0
Total 348 0.9
By Non-United States Persons
Non-United States Persons 0.0
United States Persons 0.9
Total 348 0.9
Form D Directors Role # Filings # Firms 2011 - 2026
Eric Winterhalter Executive Officer 2 2
Tran Quoc Executive Officer 1 1
EDGAR Form CIK 2011 - 2026
13F-HR [0001009262]
SC 13G [0001009262]
Form 13D/13G Filer Form 13D/13G Subject Filed
Lateef Investment Management LP Half Robert International Inc /DE/ [2013-01-22]
Lateef Investment Management LP Half Robert International Inc /DE/ [2012-01-04]
Firm Profile (Form ADV)
Discretionary AUM$3.8B
ServesInstitutional, Retail
Fund TypesHedge Fund
Comparable Firms State AUM
Old West Investment Management LLC
CA 915.7 M
Formidable Asset Management LLC
OH 903.0 M
First Turn Management LLC
CA 900.1 M
Maytech Global Investments LLC
NY 895.1 M
Optima Asset Management LLC
NY 891.6 M
Thomas J Herzfeld Advisors Inc
FL 890.4 M
Martin Investment Management LLC
FL 888.1 M
Bayshore Capital Advisors LLC
FL 879.2 M
Running Oak Capital LLC
MN 874.7 M
Ativo Capital Management LLC
IL 862.7 M
Terms | Privacy | Providers | Companies | Guide
tony@aum13f.com