BLACK TORO LLC

Overview

Black Toro LLC is a compact hedge fund-style advisory that runs both managed portfolios and at least one pooled vehicle. The firm’s stated business mix emphasizes portfolio management for individuals and small businesses, pooled investment vehicles, and institutional or business accounts. Its investment posture favors fixed-income allocation as the core exposure, with sovereign bonds representing the single largest holding type by value. Management uses active fee arrangements that include a percentage-of-AUM schedule plus performance-based fees, and it acts in sponsor/GP/managing-member roles for pooled funds it runs. Allocation activity shows the firm blends traditional fixed income with external alternative managers and select mutual funds. The adviser is not an active ESG investor and is not registered as a multi-state adviser. Black Toro registered with the SEC in 2023 and operates under a domestic entity/individual ownership structure.

Assets & Accounts

Investments & Alternatives

Location & Offices