LEGATO CAPITAL MANAGEMENT, LLC

other names
{{ Info.Overview }}
Revenue {{ Info.Revenue | formatUSD }}
Headquarters {{ Info.Headquarters }}
cb

Adviser Profile
As of Date 03/28/2024
Adviser Type - Large advisory firm
Number of Employees 6 -25.00%
of those in investment advisory functions 4 -33.33%
Registration California, Terminated, 9/6/2005
Other registrations (1)
AUM* 1,009,560,089 -26.27%
of that, discretionary 1,009,560,089 -26.27%
Private Fund GAV* 115,916,011 3.24%
Avg Account Size 100,956,009 -18.90%
SMA’s Yes
Private Funds 1 1
Contact Info 415 xxxxxxx
Websites

Client Types

- Pooled investment vehicles
- Pension and profit sharing plans
- State or municipal government entities
- Insurance companies
- Corporations or other businesses not listed above

Advisory Activities

- Portfolio management for pooled investment vehicles
- Portfolio management for businesses
- Selection of other advisers

Compensation Arrangments

- A percentage of assets under your management
- Performance-based fees

Recent News

Reported AUM

Discretionary
Non-discretionary
2B 2B 1B 1B 861M 574M 287M
2015 2016 2017 2018 2019 2020 2021 2022 2023

Private Funds



Employees

Private Funds Structure

Fund Type Count GAV
Fund TypeOther Private Fund Count1 GAV$115,916,011

Similar advisers

Adviser Hedge Fund Liquidity Fund Private Equity Fund Real Estate Fund Securitized Asset Fund Venture Capital Fund Other Fund Total Private Fund GAV AUM #Funds
Adviser PARKSIDE INVESTMENTS, LLC Hedge Fund- Liquidity Fund- Private Equity Fund- Real Estate Fund- Securitized Asset Fund- Venture Capital Fund- Other Fund47.7m Total Private Fund GAV47.7m AUM1.2b #Funds2
Adviser ANDERSON HOAGLAND & CO Hedge Fund- Liquidity Fund- Private Equity Fund- Real Estate Fund- Securitized Asset Fund- Venture Capital Fund- Other Fund21.5m Total Private Fund GAV21.5m AUM1.1b #Funds2
Adviser LYNX INVESTMENT ADVISORY, LLC Hedge Fund- Liquidity Fund- Private Equity Fund- Real Estate Fund- Securitized Asset Fund- Venture Capital Fund- Other Fund- Total Private Fund GAV- AUM1.1b #Funds-
Adviser MARTIN INVESTMENT MANAGEMENT, LLC Hedge Fund- Liquidity Fund- Private Equity Fund- Real Estate Fund- Securitized Asset Fund- Venture Capital Fund- Other Fund3.6m Total Private Fund GAV3.6m AUM850.3m #Funds1
Adviser TRAN CAPITAL MANAGEMENT, L.P. Hedge Fund- Liquidity Fund- Private Equity Fund- Real Estate Fund- Securitized Asset Fund- Venture Capital Fund- Other Fund- Total Private Fund GAV- AUM944.5m #Funds-
Adviser DIRECT LENDING INVESTMENTS, LLC Hedge Fund- Liquidity Fund- Private Equity Fund- Real Estate Fund- Securitized Asset Fund- Venture Capital Fund- Other Fund- Total Private Fund GAV- AUM866.3m #Funds-
Adviser TCG CROSSOVER MANAGEMENT, LLC Hedge Fund- Liquidity Fund- Private Equity Fund- Real Estate Fund- Securitized Asset Fund- Venture Capital Fund- Other Fund2.2b Total Private Fund GAV2.2b AUM2.2b #Funds2
Adviser PARK STREET CAPITAL ADVISERS, L.L.C. Hedge Fund- Liquidity Fund- Private Equity Fund- Real Estate Fund- Securitized Asset Fund- Venture Capital Fund- Other Fund842.5m Total Private Fund GAV842.5m AUM842.5m #Funds10
Adviser JANICZEK WEALTH MANAGEMENT Hedge Fund- Liquidity Fund- Private Equity Fund- Real Estate Fund- Securitized Asset Fund- Venture Capital Fund- Other Fund59.4m Total Private Fund GAV59.4m AUM1.1b #Funds1
Adviser PITON INVESTMENT MANAGEMENT, LP Hedge Fund- Liquidity Fund- Private Equity Fund- Real Estate Fund- Securitized Asset Fund- Venture Capital Fund- Other Fund33.6m Total Private Fund GAV33.6m AUM920.4m #Funds1

Top Holdings

Stock Ticker Stock Name $ Position % Position $ Change # Change
Stck Ticker294268107 Stock NameEPLUS INC $ Position$6,396,235 % Position1.00% $ Change-4.00% # Change3.00%
Stck Tickerg23773107 Stock NameCONSOLIDATED WATER CO LTD SHS $ Position$3,968,393 % Position1.00% $ Change5.00% # Change16.00%
Stck Ticker088929104 Stock NameBGC GROUP INC CL A $ Position$7,006,793 % Position1.00% $ Change7.00% # Change0.00%
Stck Ticker11135f101 Stock NameBROADCOM INC $ Position$7,237,729 % Position1.00% $ Change-29.00% # Change-42.00%
Stck Ticker04010e109 Stock NameARGAN INC $ Position$6,662,974 % Position1.00% $ Change10.00% # Change-24.00%
Stck Ticker037833100 Stock NameAPPLE INC $ Position$8,457,236 % Position1.00% $ Change-14.00% # Change-30.00%
Stck Ticker032654105 Stock NameANALOG DEVICES INC $ Position$5,273,719 % Position1.00% $ Change-7.00% # Change-19.00%
Stck Ticker33767e202 Stock NameFIRSTSERVICE CORPORATION $ Position$3,819,154 % Position1.00% $ Change-8.00% # Change0.00%
Stck Ticker00847j105 Stock NameAGILYSYS INC $ Position$7,688,135 % Position1.00% $ Change24.00% # Change0.00%
Stck Tickerg1151c101 Stock NameACCENTURE PLC IRELAND $ Position$5,350,028 % Position1.00% $ Change-20.00% # Change-8.00%

Brochure Summary

Overview

Firm Description Legato Capital Management, LLC (“Legato”), a California limited liability company, was formed in February 2004 and is registered as an investment adviser with the United States Securities and Exchange Commission (“SEC”) under the Investment Advisers Act of 1940 (the “Advisers Act”). Legato is a privately held firm that is 100% employee owned, and majority minority owned. The principal owner is Victor L. Hymes, the Founder, President & Chief Executive Officer of Legato. Types of Advisory Services Legato serves as a manager-of-managers for institutional clients and specializes in building customized multi-manager long-only equity portfolios across domestic and international asset classes, styles and capitalization sizes. In constructing multi-manager portfolios, Legato integrates manager selection, asset allocation and risk management processes. Legato provides its manager-of-managers advisory services to institutional clients through separate account or private investment fund structures. As a manager-of-managers, Legato is responsible for selecting other investment advisers (“sub-advisers”), who, in-turn, purchase and sell securities for
the clients’ accounts. The services that Legato typically provides as a manager-of-managers include: (i) identifying and selecting sub-advisers for client portfolios; (ii) allocating client assets among selected sub-advisers; (iii) monitoring the performance and operations of the selected sub-advisers by conducting ongoing due diligence on the sub-advisers; and (iv) client reporting. Legato constructs client portfolios utilizing multiple sub-advisers that are intended to complement one another. Legato generally utilizes sub-advisers that are characterized as “entrepreneurial managers.” These sub-advisers are typically smaller firms, with assets under management of $2 billion or less. Legato tailors its advisory services to the individual needs of each institutional client, including the client’s investment objectives, guidelines and risk parameters. Clients have the ability to impose restrictions on the management of their accounts, such as restrictions on investing in particular securities or types of securities. Assets Under Management All of Legato’s client assets are managed on a discretionary basis. As of December 31, 2023, Legato’s assets under management totaled $1,009,560,089.