Clients
Tcmi serves 34 clients. The average client has about $662 million with the firm.
- Pooled investment vehicles34 clients100%
Show client breakdownHide client breakdown
| Client type | Clients | Regulatory AUM | Share | Avg. per client |
|---|---|---|---|---|
| Pooled investment vehicles | 34 | $22,506,060,259 | 100.0% | $661.9M |
| Total | 34 | $22,506,060,259 | 100% | $661.9M |
- Clients
- 34
- Regulatory AUM
- $22,506,060,259
- Share
- 100.0%
- Avg. per client
- $661.9M
Total
- Clients
- 34
- Regulatory AUM
- $22,506,060,259
- Share
- 100%
- Avg. per client
- $661.9M
What it does
Tcmi provides portfolio management for pooled vehicles. It is paid through a percentage of assets and other arrangements.
Tcmi advises 34 private funds.
100.0% of assets ($22.51B across 34 accounts) are managed with discretion. 97% of clients are outside the U.S., and 0 clients received advice without assets under management last fiscal year.
Custodians
Tcmi has custody of client assets.
- All other custodians$22.51B100%
Ownership and leadership
Jay Hoag owns 75% or more of Tcmi.
- Owns 75% or more of Tcmi, Inc.
Jay Hoag
Control person · since June 1995
Leadership
- Erez ElishaChief Financial Officer
- Sarah BallChief Compliance Officer
- John DoranDirector of Tcmi, Inc.
- Frederic FentonChief Legal Officer
- Jay HoagStockholder and Director of Tcmi, Inc.
Staff
- 79 employees
- 44 in advisory functions
Fees
Tcmi is paid through a percentage of assets under management and other.
Tcmi’s fee rates are not included in this profile. Find its brochure on the SEC’s site.
Offices and registrations
Besides its headquarters, Tcmi has 2 offices, with 2 listed addresses across 2 states.
California · 1 listed address
- 250 Middlefield Road, Menlo ParkHQ
New York · 1 listed address
- 1045 6th Avenue, New York
Registration details
- Legal name
- Tcmi, Inc.
- Headquarters
- 250 Middlefield Road, Menlo Park, CA 94025
- Phone
- 650-614-8200
- Website
- Not reported
- SEC file
- 801-73547
- Structure
- Delaware corporation
- Fiscal year end
- December
This directory does not report disciplinary history, for any firm or individual, in either direction. The SEC publishes the complete record, including any disciplinary events, and it is the authoritative place to check one. See this firm's record on adviserinfo.sec.gov
Common questions
How many clients does Tcmi have?
Tcmi has 34 clients and manages $22.5 billion for them, as of March 2026.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 27 March 2026
What services does Tcmi offer?
Tcmi 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 Tcmi have?
Tcmi has 0 investment adviser representatives registered with state securities authorities, out of 79 employees, and 44 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 Tcmi?
Tcmi’s direct owner is Jay Hoag (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 27 March 2026
How does Tcmi get paid?
Tcmi is paid through a percentage of assets under management and other arrangements. 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
