Qvr Llc
- Regulatory AUM
- $1.1B
- Discretionary
- $1.1B
- Clients
- 9
- Avg AUM / client
- $126M
- Accounts
- 9
- Employees
- 7
AUM over time
Reported AUM from Form ADV filings, plotted by filing date · as of Mar 18, 2026
Who they serve
| Client type | Clients | AUM | % of AUM |
|---|---|---|---|
| Pooled investment vehicles (non-investment companies) | 9 | $1.1B | 100.0% |
Private funds (3)
Reported in Form ADV Section 7.B.(1), filing of Mar 2024 · $349M combined gross assets
| Fund | Type | Domicile | Gross assets | Owners |
|---|---|---|---|---|
| Pch Manager Fund, Spc Segregated Portfolio 212 | Hedge Fund | Cayman Islands | $258M | 4 |
| Qvr Absolute Return Fund Lp master | Hedge Fund | Delaware | $90.7M | 20 |
| Qvr Eclp Convexity Fund Lp | Hedge Fund | Delaware | $0 | 4 |
People (4)
| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| Hom, Brian, David | Sole Member | Jun 2011 (15y) | ≈ 3.75% – 10% via Terracotta Capital | |
| Eifert, Benjamin, Patrick | Managing Member | May 2017 (9y) | 75% or more | |
| Toyama, Scott, Satoshi | Chief Compliance Officer, Director Of Operations | May 2017 (9y) | Less than 5% | |
| Chen, Leon, Ernest | Member | Jul 2017 (9y) | 5% – 10% |
Entity owners (Schedule A/B)
| Entity | Title / status | Since | Sch. | Ownership |
|---|---|---|---|---|
| Terracotta Capital | Member | Jul 2017 | A | 5% – 10% |
Undisclosed: 0% – 15% of the firm is not attributable from the filed Schedule A bands.
Estimated effective ownership (look-through of filed bands):
- Hom, Brian, David: 75% – 100% of Terracotta Capital × 5% – 10% direct ≈ 3.75% – 10% 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 (3, $349M gross assets)
| Fund | Type | Gross assets | Min. investment | Owners |
|---|---|---|---|---|
| Pch Manager Fund, Spc Segregated Portfolio 212 | Hedge Fund | $258M | $250K | 4 |
| Qvr Absolute Return Fund Lp | Hedge Fund | $90.7M | $5.0M | 20 |
| Qvr Eclp Convexity Fund Lp | Hedge Fund | $0 | $0 | 4 |
From Form ADV Section 7.B private fund reporting.
Documents (1 archived)
| Form | Period | Size | |
|---|---|---|---|
| Form ADV (full filing) | 03/18/2026 | 1.38 MB | View · PDF · Source ↗ |
Archived copies of the firm's regulatory filings, versioned by content hash.
Disciplinary disclosures
Allegations: QVR WAS FOUND NON-COMPLIANT FOR THE YEAR 2020 WITH SECTION 204(A) RULE 204-1 ON PROMPTLY UPDATING FORM ADV AFTER THE COMPLETION OF A FUND AUDIT. Status: Final Sanction Detail: ORDER INSTITUTING ADMINISTRATIVE AND CEASE-AND-DESIST PROCEEDINGS, PURSUANT TO SECTIONS 203(E) AND 203(K) OF THE INVESTMENT ADVISERS ACT OF 1940, MAKING FINDINGS, AND IMPOSING REMEDIAL SANCTIONS AND A CEASE-AND-DESIST ORDER Summary: WHEN QVR FILED ITS ADV FOR 2020, THE FUND AUDITS WERE STILL PENDING; AFTER THE AUDITS WERE COMPLETED, QVR DID NOT PROMPTLY UPDATE FORM ADV TO REFLECT THE CHANGE.
Disclosure text reproduced verbatim from the firm's own Form ADV filings.
How they charge
- • Percentage of assets under management
- • Performance-based fees
Services
- • Portfolio management for pooled investment vehicles
Custody
Firm reports having custody of client funds or securities (Item 9.A).
No custodian data reported or mined yet.
Source
All data on this page comes from this firm's Form ADV filings, reproduced without modification. Latest filing: Mar 18, 2026.
View current Form ADV (SEC/IAPD) ↗