Provenire Capital LLC
Data sourced from SEC public records (and other sources when available). Refreshed weekly • Updated today.
Total assets under management
$75,255,940
Total clients
7
100% high-net worth
Total advisors
2
of 2 employees
Firm size
Supported
1-3 advisors or $200M+ in AUM
Average clients per advisor
4
Average account size
$10,750,849
About
Provenire Capital provides discretionary investment management to two pooled investment vehicles and to separately managed accounts for high‑net‑worth individuals, family offices, and institutional investors. The firm does not serve non‑high‑net‑worth retail clients and manages a relatively small number of accounts and assets compared with many peers.
The firm concentrates its strategies in the TMT sector (technology, media, telecommunications) and employs fundamental research, proprietary forecasting, and risk/reward analysis across long‑short and long‑biased approaches. Provenire retains broad discretionary authority while employing option overlays, hedging and other derivatives as part of portfolio construction and risk management.
What is notable in the brochure is that Provenire acts as a private fund adviser to exempted pooled vehicles and accepts performance‑based compensation for certain clients, with the ability to negotiate side‑letter terms for investors. The firm also discloses data‑sharing agreements with third parties for position and trade information (with contractual and timing safeguards), the use of soft‑dollar/commission‑sharing arrangements, and custody of fund assets — practices that are less common among similarly sized supported firms.
Client services
Expertise
Fee options
0.50% to 2.0% per annum (negotiable and varies client to client)
10% to 20% of Fund’s realized and unrealized net profits with high-watermark provision; may also apply to SMA accounts on negotiable terms
Account minimum: $250,000 for Funds; $5 million for SMAs (both subject to waiver at Provenire's discretion)
Main office location
Provenire Capital LLC
9855 West 78 Th Street, Suite 300
Eden Prairie MN 55344, United States
Number of offices
1
Most active in
Minnesota
Disclosures
Exclamation point means they have disclosures of this type. Check mark means no disclosures of this type were found.
Business activities & affiliations
Is not active or affiliated with:
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Insurance agent
They sell insurance products and may earn commissions on those sales.
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Broker-dealer / trader
They provide brokerage services and may earn transaction-based compensation in addition to advisory fees.
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Bank
They're affiliated with a bank that may offer its own financial products and services.
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Trust company
They provide trust and estate administration services, typically for separate fees.
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Fund sponsor
They manage or sponsor investment funds and may earn management or performance-based fees if clients invest in them.
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Accountant / CPA / tax prep
They offer tax and accounting services, typically for separate fees.
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Lawyer
They provide legal services, typically billed separately.
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Real estate agent
They facilitate real estate transactions and may earn commissions.
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Other specialized services
They may provide services such as pension consulting or municipal advisory work, typically for separate fees.
Forms ADV
Quick links
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