{"url":"https://nivawealth.com/firms/iii-capital-management-113539","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/113539","regulatoryAum":88235915100,"crd":"113539","secFileNumber":"801-60505","legalName":"III Capital Management","displayName":"III Capital Management","website":"http://www.iiicapitalmanagement.com","founded":null,"organization":"Nevada partnership","fiscalYearEnd":"December","headquarters":{"street":"777 Yamato Road, Suite 300","city":"Boca Raton","state":"FL","stateName":"Florida","country":"United States","postalCode":"33431"},"tradeNames":[],"registration":{"secApproved":"28 August 2001","noticeFilings":null,"latestNoticeFiling":null},"staff":{"employees":9,"advisory":9,"brokerDealerReps":9,"insuranceAgents":0,"promoters":2},"aum":{"discretionary":88235915100,"discretionaryAccounts":25,"nonDiscretionary":0,"nonDiscretionaryAccounts":0,"wrapProgram":null,"nonUsClientsPct":44,"nonAumClients":0},"clientTypes":[{"label":"Pooled investment 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Officer","crd":"6253705"},{"name":"John Pollard","title":"Chief Compliance Officer","crd":"7884559"},{"name":"Karen Hansen","title":"General Counsel","crd":"5291197"}],"ownership":[{"label":"Taylor Pepper, LLC","detail":"General partner in the 10% to 25% ownership band and a control person, since January 2005."},{"label":"Waverely, LLC","detail":"General partner in the 10% to 25% ownership band and a control person, since January 2011."},{"label":"Mobilou, Inc.","detail":"General partner in the 5% to 10% ownership band and a control person, since January 2013."},{"label":"Wilder Ventures Inc.","detail":"General partner in the 10% to 25% ownership band and a control person, since January 2018."},{"label":"Lucalay LLC","detail":"General partner in the 10% to 25% ownership band and a control person, since January 2022."},{"label":"Saraogi Holdings, LLC","detail":"General partner in the 5% to 10% ownership band, since January 2025."},{"label":"Robert Printz","detail":"Indirect owner: a shareholder/owner of Taylor Pepper, LLC in the 75% or more band and a control person, since December 2004.","parent":"Taylor Pepper, LLC"},{"label":"Lester Coyle","detail":"Indirect owner: a owner/shareholder of Waverely, LLC in the 75% or more band and a control person, since January 2011.","parent":"Waverely, LLC"},{"label":"Scott Wyler","detail":"Indirect owner: a shareholder/owner of Mobilou, Inc. in the 75% or more band and a control person, since January 2013.","parent":"Mobilou, Inc."},{"label":"Thomas Olofsson","detail":"Indirect owner: a shareholder/owner of Verdandi, LLC in the 75% or more band and a control person, since January 2013.","parent":"Verdandi, LLC"},{"label":"Jason Prest","detail":"Indirect owner: a manager of Wilder Ventures Inc. in the 75% or more band and a control person, since December 2017.","parent":"Wilder Ventures Inc."},{"label":"Karen Hansen","detail":"Indirect owner: a shareholder/owner of Kamarlo, LLC in the 75% or more band and a control person, since December 2020.","parent":"Kamarlo, LLC"},{"label":"Yelena Anuar","detail":"Indirect owner: a shareholder/owner of Jagazay, LLC in the 75% or more band and a control person, since January 2022.","parent":"Jagazay, LLC"},{"label":"Christian Pellegrino","detail":"Indirect owner: a shareholder/owner of Lucalay LLC in the 75% or more band and a control person, since January 2022.","parent":"Lucalay LLC"},{"label":"Clifford Viner","detail":"Indirect owner: a manager of Wallner Co., Inc. in the 75% or more band and a control person, since April 1994.","parent":"Wallner Co., Inc."},{"label":"Siddhartha Saraogi","detail":"Indirect owner: a shareholder/owner of Saraogi Holdings, LLC in the 75% or more band and a control person, since January 2025.","parent":"Saraogi Holdings, LLC"}],"branchOffices":null,"filedOffices":{"otherThanPrincipal":1,"privateResidences":0},"listedOfficeAddresses":2,"officesByState":[{"state":"Florida","offices":2,"addresses":[{"street":"777 Yamato Road, Suite 300","city":"Boca Raton","headquarters":true},{"street":"777 Brickell Ave.","city":"Miami"}]}],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"561-544-4600","stateRegisteredReps":0,"otherAdviserReps":0,"compensation":["A percentage of assets under management","Performance-based fees","Other"],"activities":["Portfolio management for pooled investment vehicles (other than investment companies)","Portfolio management for businesses (other than small businesses) or institutional clients","Other"],"financialPlanningClients":"0","assetMix":[{"label":"U.S. government/agency bonds","percent":14},{"label":"Sovereign bonds","percent":8},{"label":"Derivatives","percent":34},{"label":"Other","percent":44,"detail":"Convertible Bonds, Repurchase Agreements, Structured Credit Securities (e.g., Clos and Cdos)."}],"privateFunds":8},"sources":{"adv1FilingDate":"7 May 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/113539/PDF/113539.pdf","brochureDate":null,"brochureUrl":null,"iapdCompiledDate":null,"retrievedDate":"15 October 2026","retrievedOn":"2026-10-15","adv1Pages":{},"brochurePages":{}},"otherBusiness":[],"faq":[{"question":"How many clients does III Capital Management have?","answer":"III Capital Management has 21 clients and manages $88.2 billion for them, as of May 2026. They include 16 pooled investment vehicles and 5 pension and profit-sharing plans.","source":"Form ADV Part 1A, Items 5.D and 5.F, filed 7 May 2026","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does III Capital Management offer?","answer":"III Capital Management provides portfolio management for pooled vehicles, portfolio management for institutions and other activities.","source":"Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Which custodians does III Capital Management use?","answer":"III Capital Management’s separately managed account assets are held at BNY Mellon Capital Markets, LLC (New York, NY), with $28,291,859,868. Only custodians holding at least a tenth of those assets are named.","source":"Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 7 May 2026","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does III Capital Management have?","answer":"III Capital Management has 0 investment adviser representatives registered with state securities authorities, out of 9 employees, and 9 perform investment advisory functions. 9 are registered representatives of a broker-dealer and 0 are licensed insurance agents.","source":"Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What does III Capital Management invest in?","answer":"At the end of its last fiscal year, III Capital Management’s separately managed accounts held 44% convertible bonds, repurchase agreements, structured credit securities (e.g., clos and cdos)., 34% derivatives, 14% U.S. government and agency bonds and 8% sovereign bonds. It advises 8 private funds.","source":"Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Who owns III Capital Management?","answer":"III Capital Management is owned through holding companies by Robert Printz, Lester Coyle, Scott Wyler, Jason Prest, Christian Pellegrino and Siddhartha Saraogi. Its direct owners are Taylor Pepper, LLC (10% to 25%), Waverely, LLC (10% to 25%), Mobilou, Inc. (5% to 10%), Wilder Ventures Inc. (10% to 25%), Lucalay LLC (10% to 25%), Saraogi Holdings, LLC (5% to 10%), Thomas Olofsson (75% or more), Karen Hansen (75% or more), Yelena Anuar (75% or more) and Clifford Viner (75% or more).","source":"Form ADV Part 1A, Schedules A and B, filed 7 May 2026","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does III Capital Management get paid?","answer":"III Capital Management is paid through a percentage of assets under management, performance-based fees and other arrangements. Its Form ADV lists no commissions among how it is paid.","source":"Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}}],"holdings":{"url":"https://nivawealth.com/firms/iii-capital-management-113539/holdings","form":"13F-HR","periodOfReport":"2026-06-30","filedOn":"2026-08-14","filingIndexUrl":"https://www.sec.gov/Archives/edgar/data/1783139/000178313926000004/0001783139-26-000004-index.html","totalValue":393964662,"positionCount":49,"top10Share":0.8040779276797166,"top10":[{"issuer":"STATE STR SPDR S&P 500 ETF T","titleOfClass":"TR UNIT","cusip":"78462F103","value":249384588,"shares":333951,"shareType":"SH","priorValue":145594867,"priorShares":223875},{"issuer":"ISHARES TR","titleOfClass":"IBOXX HI YD ETF","cusip":"464288513","value":24630760,"shares":308000,"shareType":"SH"},{"issuer":"ISHARES TR","titleOfClass":"CORE S&P MCP ETF","cusip":"464287507","value":9638750,"shares":125000,"shareType":"SH"},{"issuer":"INVESCO 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Facts as filed; not a rating, ranking, or recommendation. Niva Wealth is not affiliated with this firm. Disciplinary history is deliberately not included here or on the page; the SEC publishes the complete record at the `iapdUrl` above."}