Seamans Capital Management, LLC (“SCM”) was established in August 1986 to provide strategic
investment research to institutions and managers. In the Firm’s early years, it also acted as a sub-
advisor in global bond management to mutual funds. In 1993, the Firm began to offer strategic
research on commodity and currency prices to resource companies in North America and Australia.
In addition, the Firm began offering global income management, which included both global bonds
and income-generating global resource stocks.
In 2000, the Firm altered its focus from providing strategic research to providing investment
management services for select individuals and their related institutions. In 2002, SCM began to offer
separately managed accounts in global income and resource stocks.
Beginning in 2005, the Firm began adding private pooled investment vehicles, each managed by SCM
and focused on a separate strategy. Today, the Firm provides the following private funds:
Global Income Preferred 6% - Designed to provide a sustained income from a relatively stable
portfolio.
New Era Technologies Growth - Designed to benefit from technologies which make renewable
energy cost competitive on a worldwide basis.
New Technologies Income - Using a similar strategy, focusing on income generating renewable
energy technologies.
Global Opportunities – Designed for non-correlated equity related global investments producing
outperforming gains based on dominant long-term cycles.
Seamans Offshore Opportunities Fund, Ltd. BVI based offshore fund with same strategy.
Series Fund 1 – Designed to invest in private equity, venture capital and private investments in public
equities (PIPEs). Each separate Series Company invests in a single company (or combination).as
follows:
• Series Company 1 - Advanced metallurgy, aluminum production
• Series Company B – Water oxygenation technology for water savings in agriculture and air and
water pollution remediation for dairies.
• Series Company C – Auditory three dimensional spacial environments for augmented reality
• Series Company D – Cloud based IT security company with alerts and fixes for operating systems
These funds are in varying states of activity. Some are being actively offered. The Series Companies
have largely been fully funded as their target company offerings have closed.
Separately Managed Accounts
SCM highly values client relationships built on shared expectations and frequent communication. The
engagement process begins with an exploration of a client’s values, investment philosophy and
objectives; societal as well as financial. Risk/reward tolerance, investment restrictions and past
investment experience are also important factors in creating and overseeing a separately managed
account with a clear understanding of the client’s expectations and objectives. Based on these factors,
a customized investment strategy is then structured, and an asset allocation proposal is prepared for
the client’s review. Subject to modification and the client’s approval, the chosen investment strategy
is then implemented. Each separately managed account is managed to one or a combination of the
investment strategies detailed above.
SCM invests in a small number of carefully selected sectors based on their expected outperformance.
These include renewable energy related and income producing resource investments being
transformed by technological developments. Investments are based on fundamental, quantitative, and
qualitative research on global interest rates, currencies, commodities, and financial markets.
SCM does not regularly incorporate environmental, social and governance (“ESG”) objectives into
its fund or managed account investment strategies.
Fund Investments
SCM is the investment manager for the following Funds.
• Seamans New Era Technologies Growth Fund, LLC (“New Era Technologies Growth”)*
• Seamans Global Income Preferred 6% Fund, LLC (“Global Income Preferred 6%”)
• Seamans Global Opportunities Fund, LLC (“Global Opportunities”)
• Seamans Offshore Opportunities Fund, Ltd (“Seamans Offshore Opportunities”)
• Seamans Private Series Fund I, LLC - Series Company 1 (Unity/Veloxint)
• Seamans Private Series Fund I, LLC - Series Company B (Aequion)
• Seamans Private Series Fund I, LLC - Series Company C (Embody)
• Seamans Private Series Fund I, LLC - Series Company D (Sosivio)
*: Formerly the Seamans Global Clean Energy Fund, LLC
Please see Item 8 for specific information related to each Fund. SCM provides each prospective Fund
member with a private placement memorandum, operating agreement, investor questionnaire, and
subscription agreement. Prospective members are urged to examine these documents before making
an investment in any Fund.
Portfolios
SCM managed $113,895,913.97 in discretionary assets as of December 31, 2023. SCM does not
manage any non-discretionary assets or participate in any wrap fee programs.
SCM adheres to a strict discipline that demands fundamental, quantitative, and qualitative research
on global interest rates, specific currencies commodities, global stock markets and personal
knowledge of management for developing companies.
Since market changes are constant, we have an embedded commitment to flexibility within our clearly
defined investment discipline. Our well-delineated strategies and risk management help improve
client returns in rising markets and mitigate losses in declining markets. We measure overall account
performance and sector allocation to ensure that account guidelines are met. Reviews
of account
conformance to objectives are also conducted on a regular basis, while individual securities are
reviewed more frequently, particularly in the event of a significant change in value.
SCM believes that what investors seek in an investment firm, in addition to advising, managing, and
guiding their investments, is sound judgment. At SCM, judgment is not simply a thought process. It
is an approach that combines decades of experience, ongoing research, specific areas of expertise,
accumulated wisdom, strategic formulation, tactical execution, and a strict adherence to SCM’s
investment philosophy.
Faith in that judgment, combined with positive, long-term results, creates trust. That deep, enduring
trust is why SCM has so many long-standing and mutually rewarding client relationships.
SCM invests Firm capital alongside client investments.
Management
Richard F. Seamans
Education, Background and Business Experience
Richard F. Seamans, CFA, MBA, Founder and Managing Director
Mr. Seamans, 78, serves as the Chief Investment Officer and Chief Compliance Officer of SCM. He
founded the Firm in 1986, which began as a strategic advisor to companies and institutions on interest
rates, currencies, and commodity prices. The Firm achieved strong investment results on its mining
and conventional energy investments from 2002 to 2012. Convictions about the costs and
environmental benefits of renewable technologies led Mr. Seamans to begin investing in renewable
energy and related technologies in 2013. He was previously a Managing Director and Senior Group
Vice President for Scudder, Stevens & Clark, Ltd. in Boston, Massachusetts, now part of Deutsche
Bank, where he directed tax-exempt bond research, policy and investments..
Mr. Seamans is a member of the Board of Overseers for the Handel and Haydn Society in Boston,
MA. He is a past trustee and member of the Investment Committee of Mount Holyoke College in
South Hadley, MA.
He received his BA from Duke University in North Carolina, and his MBA, with distinction, from
the Wharton School of the University of Pennsylvania. He is a CFA® charterholder.
Disciplinary Information
Mr. Seamans does not have any legal or disciplinary history to report.
Other Business Activities
Mr. Seamans is not engaged in any other investment–related business or occupation for compensation
not discussed in response to Item 4 of ADV Part 2A, the brochure.
Additional Compensation
Mr. Seamans does not receive economic benefits from non-clients for providing advisory services to
clients.
Supervision
Mr. Seamans is the Chief Investment Officer and investment advisor representative for SCM. Mr.
Seamans is also the Chief Compliance Officer and supervises the Firm with respect to all legal and
regulatory requirements of the Investment Advisors Act of 1940. Questions related to the activities
of any employee may be directed to Mr. Seamans at the telephone number noted on the Cover Page
of the brochure.
Eleanor R. Mulvaney Seamans
Education, Background and Business Experience
Eleanor R. Mulvaney Seamans, MS, Chief Executive Officer
Mrs. Seamans, 75, is the Chief Executive Officer of SCM. She joined as the Chief Operating Officer
in 2002. She is responsible for the Firm’s strategic growth and organizational structure as well as
oversight for the functions of the Firm’s daily operations. Designed around the core principles of
continuous learning, collaborative leadership, and strong working relationships, SCM is positioned
to operate effectively in a dynamic global environment. Previously she founded the Glastonbury
Company, a Waltham, MA-based consulting firm specializing in personal and corporate
transformational learning. Mrs. Seamans has more than 20 years of experience as an organizational
consultant in financial services, working primarily with senior corporate leaders and entrepreneurs to
translate vision into organizational effectiveness and profitable performance.
She currently serves on the Board of Directors of the Public Sector Consortium in Cambridge, MA
and previously served on the Board of Trustees at Emmanuel College, Boston, MA, where she
founded the Mulvaney Leadership Institute in 2008. She is a consulting member of the Society for
Organizational Learning in Cambridge, MA.
Mrs. Seamans is a member of the Tiffany Circle of the American Red Cross in Washington, D.C.,
which is a society of women leaders. Mrs. Seamans received her BA from Emmanuel College and
her MS from Simmons College in Boston, from which she graduated summa cum laude.
Disciplinary Information
Mrs. Seamans does not have any legal or disciplinary history to report.
Other Business Activities
Mrs. Seamans is not engaged in any other investment–related business or occupation for
compensation not discussed in response to Item 4 of ADV Part 2A, the brochure.
Additional Compensation
Mrs. Seamans does not receive any economic benefits from non-clients for providing advisory
services to clients.
Supervision
Mrs. Seamans is the CEO of SCM. She oversees client relationships, business strategy, personnel,
and marketing.
Privacy
SCM provides clients with an updated Brochure or summary of material changes within 120 days
following fiscal year end, and an opportunity to obtain the full Brochure and/or an updated Notice
of Compliance concerning the Disclosure of Nonpublic Personal Information (“Privacy
Statement”), in accordance with Section 504 of the Gramm-Leach-Bliley Act.