Bienville Capital Management, LLC

Bienville Capital Management serves a select group of sophisticated individuals, family offices and institutional clients, offering customized investment advisory services on both discretionary and non-discretionary bases, consulting, sub-advisory services and management of multiple private pooled vehicles. The firm currently reports about $4.45 billion in regulatory AUM, of which roughly $2.67 billion is managed on a non‑discretionary basis and $1.78 billion on a discretionary basis.

Bienville’s investment approach is unconstrained and opportunistic, beginning with fundamental macro analysis to identify areas for concentrated or thematic exposure and allocating capital either directly or to external specialist managers. The firm operates a mix of strategies — including concentrated Opportunity Funds, long-duration technology-oriented Informatic Funds and hybrid funds that combine internal investments with allocations to external managers — and provides institutional reporting through tools such as Addepar while principals and employees invest alongside other clients.

Compared with many multi‑team advisers, Bienville is notable for its role as a private fund adviser and fund sponsor, its use of performance‑based compensation and carried interest in its private funds and certain institutional accounts, and its substantial pooled‑vehicle activity and portfolio management for those vehicles. The firm also discloses use of outsourced trading for certain strategies (e.g., Jefferies for the Informatic Funds), the potential for limited futures trading under exemptions (while not registered as a CPO/CTA), a material portion of internal capital invested alongside clients (~21% of AUM), and that it generally does not provide standalone financial planning.