Black Toro Llc
- Regulatory AUM
- $345M
- Discretionary
- $32.2M
- Clients
- 65
- Avg AUM / client
- $5.3M
- Accounts
- 65
- Employees
- 15
AUM over time
Annual snapshots from Form ADV filings · as of Mar 31, 2026
Who they serve
| Client type | Clients | AUM | % of AUM |
|---|---|---|---|
| Individuals (non-high net worth) | 34 | $12.0M | 3.48% |
| High net worth individuals | 29 | $83.7M | 24.3% |
| Pooled investment vehicles (non-investment companies) | 1 | $2.9M | 0.85% |
| Insurance companies | 1 | $246M | 71.4% |
Private funds (1)
Reported in Form ADV Section 7.B.(1), filing of Aug 2024 · $3.0M combined gross assets
| Fund | Type | Domicile | Gross assets | Owners |
|---|---|---|---|---|
| Bt Fund Spc | Hedge Fund | Cayman Islands | $3.0M | 1 |
People (7)
roster as of Jul 20, 2026| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| Goldaracena, Alejandro | Director / Cco | Jun 2021 (5y) | 10% – 25% | |
| Ruiz, Gabriel, Orlando | Director | Jun 2021 (5y) | 50% – 75% | |
| Ariel Nudman | Registered representative | May 2025 (1y) | ||
| Santiago Rocca | Registered representative | Jun 2025 (1y) | ||
| Agustin Pozzoli | Registered representative | Dec 2025 (1y) | ||
| Matthew Allen Beem | Registered representative | CFA | Jan 2026 (1y) | |
| Rafael Leonardo Mendoza | Registered representative | Jul 2026 (0y) |
Entity owners (Schedule A/B)
| Entity | Title / status | Since | Sch. | Ownership |
|---|---|---|---|---|
| Blacktoro Holdings Llc | Member | Jul 2021 | A | 75% or more |
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 (1, $3.0M gross assets)
| Fund | Type | Gross assets | Min. investment | Owners |
|---|---|---|---|---|
| Bt Fund Spc | Hedge Fund | $3.0M | $250K | 1 |
From Form ADV Section 7.B private fund reporting.
Documents (1 archived)
| Form | Period | Size | |
|---|---|---|---|
| Form ADV (full filing) | 03/31/2026 | 1.23 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
- • Other fees
- • CONSULTING FEES
Services
- • Portfolio management for individuals/small businesses
- • Portfolio management for pooled investment vehicles
- • Portfolio management for businesses/institutional clients
Custody
Reported custodians
- Industrial And Commercial Bank Of China $246M (71% of AUM) Mar 2026
- Icbc Argentina S.A. $154M (68% of AUM) Mar 2024
- Banco De Valores Sa $63.9M (23% of AUM) Mar 2025
- J.P. Morgan $24.5M (7% of AUM) Mar 2026
- Raymond James $20.4M (6% of AUM) Mar 2026
- Goldman Sachs $13.3M (6% of AUM) Mar 2024
- UBS $12.0M (3% of AUM) Mar 2026
- Banco Santander International $10.9M (3% of AUM) Mar 2026
- Deutsche Bank Securities Inc. $10.9M (4% of AUM) Mar 2025
Amounts as reported in ADV Item 5.K.(3) (custodians holding 10%+ of SMA assets).
Firm reports it does not have 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 31, 2026.
View current Form ADV (SEC/IAPD) ↗