Terrapene Capital
Updated today
Data sourced from SEC public records (and other sources when available). Refreshed weekly • Updated today.
Client assets under management
$742,000
Clients
5
0% high-net-worth
Advisors
1
of 2 employees
Firm type
Independent
1 advisor with up to 2 employees
Fewer clients per advisor generally means more personalized, proactive service. Higher ratios may reflect streamlined models or lower minimums.
Clients per advisor
5
LowAverage account size
$148,400
About
Terrapene Capital is a state-registered investment adviser that provides quantitative portfolio management to individuals and institutions through both a private pooled vehicle (the Genesis Fund LP) and separately managed accounts. The firm’s offering documents target accredited and institutional investors while also permitting up to 35 non‑accredited investors under a 506(b) exemption, and it currently manages a small asset base across a handful of clients.
The firm’s investment process centers on machine‑learning and quantitative long/short equity models developed under an exclusive services arrangement with a dedicated quantitative provider, with discretionary risk oversight by firm management. Trading is active with relatively high turnover, clients grant the firm discretionary authority and may not impose security restrictions, and executions are routed through a single preferred broker‑dealer.
Terrapene is notable among similarly sized supported firms because it operates a private fund and applies performance‑based fees for qualified clients despite having a two‑advisor team and modest AUM. The firm also relies materially on an exclusive third‑party quantitative provider that is owned by the firm’s technology lead, a relationship the brochure discloses as a potential conflict and which the firm manages through disclosures, annual reviews, and internal oversight.
Client services
Portfolio management
Expertise
Active portfolio management
Factor investing / smart beta
Fee options
$0+: Up to 2% annually (management fee, may be lower or waived) N/A - N/A: Performance fee generally 20% to 30% on profits above benchmark (performance-based fee for qualified clients)
Performance fee charged quarterly to qualified clients, rates generally from 20% to 30% of profits above benchmark with a high-water mark
Account minimum: $50,000
Main office location
Terrapene Capital
226 E Broadway
Centralia IL 62801-3251, United States
Number of offices
1
Most active in
Terrapene Capital has reported serving >5 clients in these states in the last 12 months.
Illinois
Disclosures
Firm disclosures are reported in Form ADV Part 1A, Item 11. They include criminal charges, regulatory actions, civil proceedings, and professional disciplinary events involving the firm or its advisory affiliates.
Exclamation point means they have disclosures of this type. Check mark means no disclosures of this type were found.
Business activities & affiliations
These affiliations may expand the services this firm offers and, in some cases, how they are compensated.
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
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