Legato Capital Management, Llc
- Regulatory AUM
- $1.3B
- Discretionary
- $1.3B
- Clients
- 8
- Avg AUM / client
- $157M
- Accounts
- 8
- Employees
- 4
AUM over time
Annual snapshots from Form ADV filings · as of Mar 23, 2026
Who they serve
| Client type | Clients | AUM | % of AUM |
|---|---|---|---|
| Pension and profit sharing plans | 1 | $23.3M | 1.85% |
| State or municipal government entities | 6 | $802M | 63.7% |
| Insurance companies | 1 | $434M | 34.4% |
Private funds (1)
Reported in Form ADV Section 7.B.(1), filing of Mar 2024 · $116M combined gross assets
| Fund | Type | Domicile | Gross assets | Owners |
|---|---|---|---|---|
| Ers Public Equity Emerging Manager Ii Lp | Other Private Fund | Delaware | $116M | 2 |
Retirement plan clients
Plans that reported this firm as an investment service provider on Form 5500 Schedule C.
| Plan | Location | Plan year |
|---|---|---|
| Kuiu Llc 401(k) Profit Sharing Plan & Trust Kuiu Llc | 2024 | |
| Pacific Gas And Electric Company Retirement Plan Pacific Gas And Electric Company | 2024 |
People (3)
roster as of Jul 20, 2026| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| Hymes, Kathy, Lynn | Trustee | Oct 1999 (27y) | ≈ 37.5% – 75% via Victor And Kathy Hymes Revocable Trust Udt Dated October 28, 1999 | |
| Victor Louis Hymes | Trustee | Oct 1999 (27y) | ≈ 37.5% – 75% via Victor And Kathy Hymes Revocable Trust Udt Dated October 28, 1999 | |
| Tamhankar, Diana, D | Principal, Chief Investment Strategist | Mar 2023 (3y) | Less than 5% |
Entity owners (Schedule A/B)
| Entity | Title / status | Since | Sch. | Ownership |
|---|---|---|---|---|
| Victor And Kathy Hymes Revocable Trust Udt Dated October 28, 1999 | Member | Jan 2016 | A | 75% or more |
Undisclosed: 0% – 25% of the firm is not attributable from the filed Schedule A bands.
Estimated effective ownership (look-through of filed bands):
- Hymes, Kathy, Lynn: 50% – 75% of Victor And Kathy Hymes Revocable Trust Udt Dated October 28, 1999 × 75% – 100% direct ≈ 37.5% – 75% of the firm
- Victor Louis Hymes: 50% – 75% of Victor And Kathy Hymes Revocable Trust Udt Dated October 28, 1999 × 75% – 100% direct ≈ 37.5% – 75% 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 (1, $116M gross assets)
| Fund | Type | Gross assets | Min. investment | Owners |
|---|---|---|---|---|
| Ers Public Equity Emerging Manager Ii Lp | Other Private Fund | $116M | $25.0M | 2 |
From Form ADV Section 7.B private fund reporting.
Retirement plans served (2)
| Plan | Sponsor | Participants | Plan assets | As of |
|---|---|---|---|---|
| Kuiu Llc 401(k) Profit Sharing Plan & Trust | Kuiu Llc | 84 | $5.8M | 01/01/2024 |
| Pacific Gas And Electric Company Retirement Plan | Pacific Gas And Electric Company | 28,573 | $17.6B | 01/01/2024 |
From Form 5500 service-provider disclosures.
Documents (1 archived)
| Form | Period | Size | |
|---|---|---|---|
| Form ADV (full filing) | 03/23/2026 | 999 KB | 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 pooled investment vehicles
- • Portfolio management for businesses/institutional clients
- • Selection of other advisers
Custody
Reported custodians
- State Street $583M (46% of AUM) Mar 2026
- J.P. Morgan $383M (30% of AUM) Mar 2026
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 23, 2026.
View current Form ADV (SEC/IAPD) ↗