First Turn Management, LLC

RIASEC RegisteredEst. 2023

Total AUM

$900M

Discretionary

$900M

100% of AUM

Avg account

$225M

Accounts

Employees

Advisory reps

Firm details

Headquarters: Solana Beach, California
CRD number: 327421
Registered since: August 28, 2023
Custodians: CITIGROUP GLOBAL MARKETS INC., J.P. MORGAN SECURITIES INC.
Fee structure: Percentage of AUM, Performance Based Fees
Client types: Sovereign Wealth Funds89.66%
Pooled Investment Vehicles10.34%
Services: Portfolio Management for IndividualsPortfolio Management for Pooled Investment VehiclesPortfolio Management for Institutional Clients

Firm profile

FINTRX

Overview

First Turn Management, LLC is structured as an LLC and operates as an SEC-registered adviser (registration in 2023) with a hedge-fund orientation serving an institutional client base. The firm provides portfolio management across client types — individuals and small businesses, pooled investment vehicles, and business or institutional accounts — and also serves as a sponsor/GP and managing member for pooled vehicles it organizes. Its compensation model combines a percentage-of-assets fee with performance-based fees. First Turn does not identify as an active ESG investor and is not listed as a capital allocator.