Tr Capital Management, Llc
- Regulatory AUM
- $166M
- Discretionary
- $166M
- Clients
- 7
- Avg AUM / client
- $23.8M
- Accounts
- 7
- Employees
- 8
AUM over time
Annual snapshots from Form ADV filings · as of Mar 27, 2026
Who they serve
| Client type | Clients | AUM | % of AUM |
|---|---|---|---|
| Pooled investment vehicles (non-investment companies) | 4 | $132M | 79.6% |
| Other | 3 | $34.0M | 20.4% |
Private funds (4)
Reported in Form ADV Section 7.B.(1), filing of Mar 2024 · $130M combined gross assets
| Fund | Type | Domicile | Gross assets | Owners |
|---|---|---|---|---|
| Trc Master Fund Llc master | Hedge Fund | Delaware | $83.6M | 4 |
| Trc Optimum Offshore Ltd | Hedge Fund | Cayman Islands | $44.5M | 34 |
| Trc Select Account Llc | Hedge Fund | Delaware | $1.9M | 2 |
| Tr Capital Llc | Hedge Fund | New York | $1.0K | 9 |
People (2)
| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| Ross, Terrel, David | Chief Executive Officer And Chief Compliance Officer (Elected Manager) | Sep 2009 (17y) | ≈ 56.25% – 100% via Tr Holdings Lp | |
| Siegel, Michael, Nathan | Chief Financial Officer (Elected Manager) | Feb 2010 (17y) | Less than 5% |
Entity owners (Schedule A/B)
| Entity | Title / status | Since | Sch. | Ownership |
|---|---|---|---|---|
| Tr Holdings Lp | 100% Owner/Sole Member | Jun 2010 | A | 75% or more |
| Td Ross Management Corp | Manager | Jun 2010 | B | GP / trustee / elected manager of Tr Holdings Lp (indirect) |
Undisclosed: 0% – 25% of the firm is not attributable from the filed Schedule A bands.
Estimated effective ownership (look-through of filed bands):
- Ross, Terrel, David: 75% – 100% of Tr Holdings Lp × 75% – 100% direct ≈ 56.25% – 100% of the firm
Roster from the IAPD representatives feed; ownership and acquisition dates from Form ADV Schedule A/B. "Since" is the earliest filed registration or acquisition date.
Private funds (4, $130M gross assets)
| Fund | Type | Gross assets | Min. investment | Owners |
|---|---|---|---|---|
| Trc Master Fund Llc | Hedge Fund | $83.6M | $100K | 4 |
| Trc Optimum Offshore Ltd | Hedge Fund | $44.5M | $100K | 34 |
| Trc Select Account Llc | Hedge Fund | $1.9M | $500K | 2 |
| Tr Capital Llc | Hedge Fund | $1.0K | $100K | 9 |
From Form ADV Section 7.B private fund reporting.
Documents (1 archived)
| Form | Period | Size | |
|---|---|---|---|
| Form ADV (full filing) | 03/27/2026 | 1.72 MB | View · PDF · Source ↗ |
Archived copies of the firm's regulatory filings, versioned by content hash.
Disciplinary disclosures
No disciplinary events reported on the firm's latest Form ADV filing.
How they charge
- • Percentage of assets under management
- • Performance-based fees
Services
- • Portfolio management for individuals/small businesses
- • Portfolio management for pooled investment vehicles
Custody
Reported custodians
- Wilmington Trust Company $6.7M (4% of AUM) Mar 2026
- M&T Bank $1.9M (1% of AUM) Mar 2026
- J.P. Morgan $1.3M (1% of AUM) Mar 2026
- Larrainvial Chile $883K (1% of AUM) Mar 2024
- First Republic Securities Company, Llc $266K (0% of AUM) Mar 2023
- BNY Mellon $125K (0% of AUM) Mar 2024
- Wedbush Securities Inc. $90.4K (0% of AUM) Mar 2024
- First Republic Bank $24.8K (0% of AUM) Mar 2024
Amounts as reported in ADV Item 5.K.(3) (custodians holding 10%+ of SMA assets).
Firm reports having custody of client funds or securities (Item 9.A).
Source
All data on this page comes from this firm's Form ADV filings, reproduced without modification. Latest filing: Mar 27, 2026.
View current Form ADV (SEC/IAPD) ↗