Our Owners and Principals
CIG Asset Management, Inc. is a Registered Investment Advisor based in Southfield, MI. We are
a Michigan corporation founded in 1997 by Osman R. Minkara and are a wholly owned subsidiary
of CIG Capital Advisors which is also a Michigan corporation owned by our Managing Principal,
Mr. Minkara. We are registered with the Securities and Exchange Commission (SEC) pursuant to
the Investment Advisers Act of 1940 (File No. 801-66667).
The following paragraphs describe our investment advisory services and how we tailor our
services to your individual needs. As used in this brochure, the words “we”, “our” and “us” refer
to CIG Asset Management and the words “you”, “your” and “client” refer to you as either a client
or prospective client of our firm. Also, you may see the term “Associated Person” or Investment
Advisory Representative “IAR” throughout this brochure. As used in this brochure, our Associated
Persons and IARs are individuals providing investment advice on behalf of our firm.
Types of Services Offered – Wealth Management
Comprehensive Financial Plan: We offer financial planning services for individuals and businesses.
Our Comprehensive Financial Plans provide an analysis based on your current financial situation,
future needs, risk tolerance, and objectives. This analysis is based on the personal financial
information you provide to your CIG Wealth Manager. Your Comprehensive Financial Plan may
include recommendations on a variety of investment-related areas such as cash flow
management, tax planning, risk management, education funding, retirement planning, estate
planning, portfolio analysis, and investment plan creation among other services.
Fee Based Program: To assist in the implementation of your plan, we sponsor a Fee Based
program, referred to as the “Program.” Through the Program, we provide ongoing Asset
Management and Financial Planning services to individuals, trusts, estates, charitable
organizations, corporations, employee benefit plans, and other business entities in which we
direct and manage specified assets of our clients. The Program permits clients to authorize us to
purchase and sell various securities on a discretionary basis. Securities utilized for investment in
the Program may include cash, fixed income, equities, mutual funds, exchange traded funds,
options, real estate investment trusts, variable insurance products, and private investment
vehicles in accordance with an asset allocation plan that we design and manage. You may limit
our discretionary authority by providing our firm with your restrictions and guidelines in writing.
The Program is designed for clients with assets under management greater than $100,000. When
opening a Program account, we obtain the necessary financial data from the client and assist in
setting appropriate investment strategies and constraints. During any month that there is activity
in a Program account, the client receives a monthly account statement from the fund's custodian
or clearing broker-dealer showing account activity as well as positions held in the account at
month end. Additionally, the client receives a confirmation of each transaction that occurs within
the Program account.
Part 2A of Form ADV 2 CIG Asset Management, Inc.
Types of Services Offered – Private Investment Funds
This disclosure does not constitute an offer to sell, nor is it a solicitation of an
offer to purchase
an interest in any affiliated pooled investment vehicle managed by us.
Either we or one of our related persons manages our pooled investment vehicles. Each of the
pooled investment vehicles are formed as a limited liability company or limited partnership. The
general partner, in the case of a limited partnership, or managing member, in the case of a limited
liability company, of each fund is responsible for the management of the fund. Before investing
in any of our pooled investment vehicles, you should carefully read the Confidential Offering
Memorandum of that particular fund, including all supplements to such Memorandum. There is
no public market for the interests issued by any of our pooled investment vehicles nor is any
expected to develop. There are also limitations on transferability as more fully disclosed in the
applicable fund’s Confidential Private Placement Memorandum. That means that if you invest in
a pooled investment vehicle, you may be required to hold the investment for the entire term of
the particular fund. Our pooled investment vehicles are as follows:
CIG Capital Partners, LP (“CIG Capital Partners”) is a Delaware limited partnership. CIG Capital
Partners was formed to invest in healthcare companies that have potential to deliver cost‐
effective services and products and have the ability to gain market share in their segments. CIG
Venture Management, LLC, a Michigan limited liability company, is the general partner of CIG
Capital Partners. Our Managing Principal, Mr. Minkara is the majority owner and executive
officer of CIG Venture Management and, therefore, controls the operations and activities of CIG
Capital Partners. We are the investment manager of CIG Capital Partners and have discretionary
investment authority over the investment of CIG Capital Partners’ assets. CIG Capital Partners is
no longer open for new or additional investments.
Gen One‐CIG, LLC (“Gen One‐CIG”) is a Delaware limited liability company. Gen One‐CIG was
formed to invest in a healthcare company. The managing member of Gen One‐CIG is CIG Venture
Management, LLC, a Michigan limited liability company. Our Managing Principal, Mr. Minkara
is the majority owner and executive officer of CIG Venture Management and, therefore, controls
the operations and activities of Gen One-CIG. Gen One-CIG is no longer open for new or
additional investments.
Private Investment Funds, including those managed by us or one of our related persons, charge a
variety of fees and charges against the assets invested in the fund by investors. This means that
there will be two layers of advisory fees paid - one layer to the Private Investment Fund and one
layer to our firm for our advisory services.
Part 2A of Form ADV 3 CIG Asset Management, Inc.
Types of Services – Sub advisory Services
In addition to managing our pooled investment vehicles, we may provide investment
management services to other persons, including other private investment funds that use an
investment program and strategy substantially similar to that used by one of our pooled
investment vehicles. If we provide sub advisory services, the terms of our engagement will be set
forth in a written sub advisory agreement.
Discretionary and Non‐Discretionary Assets under Management
As of December 31, 2023, we manage approximately $133,982,010 in discretionary and
approximately $135,208,823 in total assets.