Performa Limited (US) provides portfolio management for pooled vehicles, portfolio management for institutions and selecting other managers. The firm advises 2 private funds.
Performa Limited (US) reports 47 clients. They include 40 insurance companies and 7 pooled investment vehicles. Of its assets, 100.0% ($4.49B across 168 accounts) are managed with discretion. Of its clients, 15% are outside the U.S.
| Client type | Clients | Assets |
|---|---|---|
| Pooled investment vehicles | 15% | 50% |
| Insurance companies | 85% | 50% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Pooled investment vehicles | 7 | $2.23B | 49.6% | $318M |
| Insurance companies | 40 | $2.27B | 50.4% | $56.6M |
| Total | 47 | $4.49B | 100% | $95.6M |
- Clients
- 7
- Regulatory AUM
- $2.23B
- AUM share
- 49.6%
- Avg. per client
- $318M
- Clients
- 40
- Regulatory AUM
- $2.27B
- AUM share
- 50.4%
- Avg. per client
- $56.6M
Total
- Clients
- 47
- Regulatory AUM
- $4.49B
- AUM share
- 100%
- Avg. per client
- $95.6M
- Clients outside the U.S.
- 15%
- Clients advised without assets under management last fiscal year
- 0
- Private funds advised
- 2
Performa Limited (US) is paid through a percentage of assets under management; its fees and minimums are set out in its brochures on the SEC website.
David Kilborn owns 50% to 75% of Performa Limited (US). The leadership team of Performa Limited (US) includes President David Kilborn and Chief Compliance Officer Kathy Cavaco. It has 18 employees, 7 of them in advisory roles.
Staff
- 18 employees
- 7 in advisory functions
- Owns 50% to 75% of Performa Limited (US), LLC
David Kilborn
Control person · since April 2010
- Owns 25% to 50% of Performa Limited (US), LLC
Performa Limited Holdings, L.P.
Control person · since August 2013
- Owns 5% to 10% of Performa Limited (US), LLC
Kathy Cavaco
Control person · since August 2012
- Owns 5% to 10% of Performa Limited (US), LLC
Jason Golder
Control person · since August 2012
- Owns 5% to 10% of Performa Limited (US), LLC
Scott McIntyre
Control person · since August 2012
- Owns 5% to 10% of Performa Limited (US), LLC
Robert Mildrum
Control person · since September 2013
- Owns 5% to 10% of Performa Limited (US), LLC
Sandi Prescott
Control person · since April 2013
Performa Limited (US)’s regulatory assets grew 2.2× from $2.02B (March 2021) to $4.49B (July 2026); clients rose from 15 to 47 and employees from 16 to 18.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | StaffEmployees | Offices |
|---|---|---|---|---|
| Jul 2026July 2026 | $4.49B | 47 | 18 | 2 |
| Mar 2025March 2025 | $3.72B | 37 | 15 | 2 |
| Apr 2024April 2024 | $3.38B | 29 | 16 | 2 |
| Mar 2023March 2023 | $2.88B | 27 | 15 | 2 |
| Mar 2022March 2022 | $2.43B | 23 | 15 | 2 |
| Mar 2021March 2021 | $2.02B | 15 | 16 | 2 |
Besides its headquarters, Performa Limited (US) has 1 office, with 2 listed addresses across 2 states.
South Carolina · 1 listed address
- 1080 Morrison Drive, Suite 120, CharlestonHQ
Vermont · 1 listed address
- 60 Lake Street, Burlington
Contact and registration details
- Legal name
- Performa Limited (US), LLC
- Headquarters
- 1080 Morrison Drive, Suite 120, Charleston, SC 29403
- Website
- performaltd.com
- Phone
- 843-297-4940
- @performaltd
- SEC file
- 801-76943
- Structure
- Delaware LLC
- Fiscal year end
- December
Performa Limited (US)’s named custodians for separately managed accounts include Comerica Bank ($566M, 38%), State Street Custodial Services (Ireland) ($468M, 31%) and Wilmington Trust ($241M, 16%). Performa Limited (US) has custody of $320M for 43 clients.
- State Street Custodial Services (Ireland)State Street Custodial Services (Ireland) LTD. · Dublin · $468M31%
- Comerica BankComerica Bank · Dallas, TX · $566M38%
- U.S. BankU.S. Bank · Hartford, CT · $232M15%
- Wilmington TrustWilmington Trust Company · Wilmington, DE · $241M16%
At year end, Performa Limited (US)’s separately managed accounts were mostly in bonds (81%) and funds (16%). Its reported 13F holdings for the quarter ended 30 June 2026 total $620M across 49 positions; the largest are Vanguard 500 Idx ETF (22.1%), Ishares:russ Mid-cap (20.0%) and Vanguard Md-cp I ETF (12.2%).
What the accounts hold
- Funds16%
- Bonds81%
- U.S. government and agency bonds58%
- Investment grade corporate bonds22%
- State and local bonds1%
- Cash4%
How many clients does Performa Limited (US) have?
Performa Limited (US) has 47 clients and manages $4.49 billion for them, as of July 2026. They include 40 insurance companies and 7 pooled investment vehicles.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 22 July 2026
What services does Performa Limited (US) offer?
Performa Limited (US) provides portfolio management for pooled vehicles, portfolio management for institutions and selecting other managers.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
Which custodians does Performa Limited (US) use?
Performa Limited (US)’s separately managed account assets are held at Comerica Bank (Dallas, TX), with $566M, State Street Custodial Services (Ireland) LTD. (Dublin), with $468M, Wilmington Trust Company (Wilmington, DE), with $241M and U.S. Bank (Hartford, CT), with $232M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 22 July 2026
How many financial advisors does Performa Limited (US) have?
Performa Limited (US) has 0 investment adviser representatives registered with state securities authorities, out of 18 employees, and 7 perform investment advisory functions. None are registered representatives of a broker-dealer or licensed insurance agents.
Source: Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file
What does Performa Limited (US) invest in?
At the end of its last fiscal year, Performa Limited (US)’s separately managed accounts held 58% U.S. government and agency bonds, 22% investment grade corporate bonds, 16% registered funds (mutual funds, ETFs, BDCs), 4% cash and equivalents and 1% state and local bonds. It advises 2 private funds.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Performa Limited (US)?
Performa Limited (US)’s direct owners are David Kilborn (50% to 75%), Kathy Cavaco (5% to 10%), Jason Golder (5% to 10%), Scott McIntyre (5% to 10%), Robert Mildrum (5% to 10%), Sandi Prescott (5% to 10%) and Performa Limited Holdings, L.P. (25% to 50%).
Source: Form ADV Part 1A, Schedules A and B, filed 22 July 2026
How does Performa Limited (US) get paid?
Performa Limited (US) is paid through a percentage of assets under management. Its Form ADV lists no commissions or performance-based fees among how it is paid.
Source: Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file
How do I contact Performa Limited (US)?
Performa Limited (US)’s main office is at 1080 Morrison Drive, Suite 120, Charleston, SC 29403. Its phone number is 843-297-4940. Its website is performaltd.com.