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 an SEC-registered investment adviser (registered in 2023) organized as a limited liability company and classified as a hedge fund. The firm serves an institutional client base and offers portfolio management across individuals/small businesses, pooled investment vehicles and businesses or institutions. Its fee model combines a percentage of assets under management with performance-based fees. First Turn reports it is not an active ESG investor and does not act as a capital allocator to third‑party managers; it also lists affiliations as an investment adviser and sponsor and as a GP/managing member of pooled vehicles.