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Pilgrim Global Advisors

Private funds

Reno, NVCRD 323259Updated

Pilgrim Global Advisors is an investment adviser based in Reno, NV, registered with the SEC since 2022. It provides investment management. Its clients include pooled investment vehicles. Its regulatory assets under management total $884 million, as filed on 6 March 2026.

2
Clients
Not reported
AUM per individual client
4
Advisory staff
1
Offices

From Form ADV filed 6 March 2026SEC record

Services and clients

Pilgrim Global Advisors provides portfolio management for pooled vehicles. The firm advises 2 private funds.

Pilgrim Global Advisors reports 2 pooled investment vehicles. These counts refer to investment vehicles, rather than the individual investors in them. Of its assets, 100.0% ($884M across 2 accounts) are managed with discretion. Of its clients, 50% are outside the U.S.

Clients and assets by client type
Clients2 clients
Assets$884M
Share of clients and assets by client type
Client typeClientsAssets
Pooled investment vehicles100%100%
Client breakdown and activity details
Pooled investment vehicles
Clients
2
Regulatory AUM
$884M
AUM share
100.0%
Avg. per client
$442M

Total

Clients
2
Regulatory AUM
$884M
AUM share
100%
Avg. per client
$442M
Clients outside the U.S.
50%
Clients advised without assets under management last fiscal year
0
Private funds advised
2

Fees and minimums

Pilgrim Global Advisors is paid through a percentage of assets under management and performance-based fees; its fees and minimums are set out in its brochures on the SEC website.

Ownership and people

Darren Maupin owns 50% to 75% of Pilgrim Global Advisors. The leadership team of Pilgrim Global Advisors includes Chief Compliance Officer Giselle Casella. It has 11 employees, 4 of them in advisory roles.

Leadership

  • Giselle Casella
    Chief Compliance Officer
  • Kean Chung
    Owner
  • Procter Hug IV
    Owner, Manager
  • Michael Marietta
    General Counsel, Manager
  • Darren Maupin
    Owner, Manager

Staff

  • 11 employees
  • 4 in advisory functions
Who owns the firm
Pilgrim Global Advisors LLC· the adviser
  • Darren Maupin

    Control person · since December 2022

    Owns 50% to 75% of Pilgrim Global Advisors LLC
  • Kean Chung

    Control person · since December 2022

    Owns 25% to 50% of Pilgrim Global Advisors LLC
  • Procter Hug IV

    Control person · since July 2022

    Owns 5% to 10% of Pilgrim Global Advisors LLC

Growth and acquisitions

Pilgrim Global Advisors’ regulatory assets grew 2.9× from $301M (February 2023) to $884M (March 2026); clients rose from 1 to 2 and employees from 2 to 11.

By annual filing
Measure
Figures from each annual filing
Pilgrim Global Advisors figures from each annual Form ADV filing
FiledRegulatory AUMClientsEmployeesOffices
March 2026$884M2111
March 2025$952M291
March 2024$585M231
February 2023$301M121

Offices and registration details

Besides its headquarters, Pilgrim Global Advisors has 0 offices, with 1 listed address in Nevada.

Listed office addresses in Nevada
Reno

Nevada · 1 listed address

  • 4785 Caughlin Parkway, RenoHQ

Contact and registration details

Legal name
Pilgrim Global Advisors LLC
Headquarters
4785 Caughlin Parkway, Reno, NV 89519
Website
Not reported
SEC file
801-126727
Structure
Delaware LLC
Fiscal year end
December

Custodians

Pilgrim Global Advisors has custody of $884M in client assets for 2 clients.

Investments and reported holdings

Pilgrim Global Advisors’ reported 13F holdings for the quarter ended 30 June 2026 total $466M across 3 positions; the largest are Navios Maritime Partners L P (69.7%), Transocean Ltd (18.2%) and Sable Offshore Corp. (12.0%).

Reported 13F holdings

$466M
Reported 13F value
3
Positions
100.0%
In the 10 largest
−39.6%
Value vs. prior quarter
Ten largest positions, share of reported value
  1. Navios Maritime Partners L P · Com Unit Lpi69.7%
  2. Transocean Ltd · Registered Shs18.2%
  3. Sable Offshore Corp. · Com Shs12.0%

Together, the ten largest are 100.0% of reported value.

The 3 largest positions and quarterly changesQuarter ended 30 June 2026 · filed 14 August 2026

Common questions

How many clients does Pilgrim Global Advisors have?

Pilgrim Global Advisors has 2 clients and manages $884 million for them, as of March 2026. They include 2 pooled investment vehicles.

Source: Form ADV Part 1A, Items 5.D and 5.F, filed 6 March 2026

What services does Pilgrim Global Advisors offer?

Pilgrim Global Advisors provides portfolio management for pooled vehicles.

Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file

How many financial advisors does Pilgrim Global Advisors have?

Pilgrim Global Advisors has 0 investment adviser representatives registered with state securities authorities, out of 11 employees, and 4 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

Who owns Pilgrim Global Advisors?

Pilgrim Global Advisors’ direct owners are Darren Maupin (50% to 75%), Procter Hug IV (5% to 10%) and Kean Chung (25% to 50%).

Source: Form ADV Part 1A, Schedules A and B, filed 6 March 2026

How does Pilgrim Global Advisors get paid?

Pilgrim Global Advisors is paid through a percentage of assets under management and performance-based fees. 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

How do I contact Pilgrim Global Advisors?

Pilgrim Global Advisors’ main office is at 4785 Caughlin Parkway, Reno, NV 89519. Its phone number is 775-301-3963.

Source: Form ADV Part 1A, Item 1.F, filed 6 March 2026

Sources and methodology

  1. Form ADV Part 1A, amendment filed 6 March 2026. Items 1, 5, 9, 11 and Schedules A, B and D.
  2. IAPD firm record, CRD 323259.
  3. SEC registered adviser data, annual Form ADV amendments filed 7 February 2023 to 6 March 2026. Items 1.F and 5.
  4. Form 13F-HR, filed 14 August 2026 for the quarter ended 30 June 2026.

Retrieved 15 October 2026. All are published by the SEC and may have been amended since. Disciplinary history is not yet shown here. The SEC publishes the complete record, including any disciplinary events, and it is the authoritative place to check one.

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