{"url":"https://nivawealth.com/firms/pilgrim-global-advisors-323259","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/323259","regulatoryAum":884170065,"crd":"323259","history":[{"filedOn":"2023-02-07","regulatoryAum":300646677,"clients":1,"employees":2,"offices":1},{"filedOn":"2024-03-27","regulatoryAum":584987740,"clients":2,"employees":3,"offices":1},{"filedOn":"2025-03-17","regulatoryAum":951851378,"clients":2,"employees":9,"offices":1},{"filedOn":"2026-03-06","regulatoryAum":884170065,"clients":2,"employees":11,"offices":1}],"secFileNumber":"801-126727","legalName":"Pilgrim Global Advisors LLC","displayName":"Pilgrim Global Advisors","slug":"pilgrim-global-advisors-323259","website":null,"classification":{"segment":"private_funds","segmentLabel":"Private funds","type":"private_fund_manager","typeLabel":null,"feeDisclosure":"payment_only"},"founded":null,"organization":"Delaware limited liability company","fiscalYearEnd":"December","headquarters":{"street":"4785 Caughlin Parkway","city":"Reno","state":"NV","stateName":"Nevada","country":"United States","postalCode":"89519"},"tradeNames":[],"registration":{"secApproved":"13 October 2022","noticeFilings":null,"latestNoticeFiling":null},"wealthAumPerClient":null,"staff":{"employees":11,"advisory":4,"brokerDealerReps":0,"insuranceAgents":0,"promoters":0},"aum":{"regulatory":884170065,"discretionary":884170065,"discretionaryAccounts":2,"nonDiscretionary":0,"nonDiscretionaryAccounts":0,"wrapProgram":null,"nonUsClientsPct":50,"nonAumClients":0},"clientTypes":[{"label":"Pooled investment vehicles","clients":2,"regulatoryAum":884170065}],"feePrograms":[],"brochureCoverage":{"scope":"known_documents","status":"not_processed","checkedAt":null,"documents":[]},"custodians":[],"custodyNote":"Pilgrim Global Advisors has custody of $884M in client assets for 2 clients.","otherCustodians":[],"leadership":[{"name":"Giselle Casella","title":"Chief Compliance Officer","crd":"4998512"},{"name":"Kean Chung","title":"Owner","crd":"6918213"},{"name":"Procter Hug IV","title":"Owner, Manager","crd":"7623362"},{"name":"Michael Marietta","title":"General Counsel, Manager","crd":"8212624"},{"name":"Darren Maupin","title":"Owner, Manager","crd":"6918215"}],"ownership":[{"label":"Darren Maupin","detail":"Owner, manager in the 50% to 75% ownership band and a control person, since December 2022."},{"label":"Procter Hug IV","detail":"Owner, manager in the 5% to 10% ownership band and a control person, since July 2022."},{"label":"Kean Chung","detail":"Owner in the 25% to 50% ownership band and a control person, since December 2022."}],"branchOffices":null,"filedOffices":{"otherThanPrincipal":0,"privateResidences":0},"listedOfficeAddresses":1,"foreignOffices":[],"officesByState":[{"state":"Nevada","offices":1,"addresses":[{"street":"4785 Caughlin Parkway","city":"Reno","headquarters":true}]}],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"775-301-3963","stateRegisteredReps":0,"otherAdviserReps":0,"compensation":["A percentage of assets under management","Performance-based fees"],"activities":["Portfolio management for pooled investment vehicles (other than investment companies)"],"financialPlanningClients":null,"assetMix":[],"privateFunds":2},"sources":{"adv1FilingDate":"6 March 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/323259/PDF/323259.pdf","brochureDate":null,"brochureUrl":null,"iapdCompiledDate":null,"retrievedDate":"15 October 2026","retrievedOn":"2026-10-15","updatedOn":"2026-10-21","holdingsUpdatedOn":"2026-10-21","adv1Pages":{},"brochurePages":{}},"otherBusiness":[],"faq":[{"question":"How many clients does Pilgrim Global Advisors have?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Pilgrim Global Advisors offer?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How many financial advisors does Pilgrim Global Advisors have?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Who owns Pilgrim Global Advisors?","answer":"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","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Pilgrim Global Advisors get paid?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How do I contact Pilgrim Global Advisors?","answer":"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","sourceRef":{"doc":"adv1","section":"offices"}}],"holdings":{"url":"https://nivawealth.com/firms/pilgrim-global-advisors-323259/holdings","form":"13F-HR","periodOfReport":"2026-06-30","filedOn":"2026-08-14","filingIndexUrl":"https://www.sec.gov/Archives/edgar/data/1963918/000196391826000009/0001963918-26-000009-index.html","totalValue":466131171,"positionCount":3,"top10Share":1,"top10":[{"issuer":"NAVIOS MARITIME PARTNERS L P","titleOfClass":"COM UNIT LPI","cusip":"Y62267409","value":325081287,"shares":4639379,"shareType":"SH","priorValue":313065295,"priorShares":4639379},{"issuer":"TRANSOCEAN LTD","titleOfClass":"REGISTERED SHS","cusip":"H8817H100","value":84975031,"shares":17377307,"shareType":"SH","priorValue":158543986,"priorShares":23913120},{"issuer":"SABLE OFFSHORE CORP","titleOfClass":"COM SHS","cusip":"78574H104","value":56074853,"shares":18206121,"shareType":"SH","priorValue":300765119,"priorShares":18206121}],"positionsListed":3,"positions":[{"issuer":"NAVIOS MARITIME PARTNERS L P","titleOfClass":"COM UNIT LPI","cusip":"Y62267409","value":325081287,"shares":4639379,"shareType":"SH","priorValue":313065295,"priorShares":4639379},{"issuer":"TRANSOCEAN LTD","titleOfClass":"REGISTERED SHS","cusip":"H8817H100","value":84975031,"shares":17377307,"shareType":"SH","priorValue":158543986,"priorShares":23913120},{"issuer":"SABLE OFFSHORE CORP","titleOfClass":"COM SHS","cusip":"78574H104","value":56074853,"shares":18206121,"shareType":"SH","priorValue":300765119,"priorShares":18206121}]},"notice":"Compiled from public SEC Form ADV filings on the dates in `sources`. Facts as filed; not a rating, ranking, or recommendation. Niva 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."}