Mercator Management (Usa) Lp
- Regulatory AUM
- $298M
- Discretionary
- $298M
- Clients
- 3
- Avg AUM / client
- $99.2M
- Accounts
- 3
- Employees
- 7
AUM over time
Reported AUM from Form ADV filings, plotted by filing date · as of Mar 25, 2026
Who they serve
| Client type | Clients | AUM | % of AUM |
|---|---|---|---|
| Pooled investment vehicles (non-investment companies) | 3 | $298M | 100.0% |
Private funds (2)
Reported in Form ADV Section 7.B.(1), filing of Jun 2024 · $278M combined gross assets
| Fund | Type | Domicile | Gross assets | Owners |
|---|---|---|---|---|
| Mercator Convergence Fund, Lp master | Hedge Fund | Cayman Islands | $240M | 2 |
| Smid Energy Transition Fund Lp | Hedge Fund | Delaware | $38.4M | 3 |
People (3)
| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| Fransson, Martin | Head Of Primary Research, Limited Partner | Jan 2019 (8y) | 25% – 50% | |
| Hobart, Scott, Robert | Chief Investment Officer, Limited Partner | Jan 2019 (8y) | ≈ 0% – 5% via Warrayure Llc | |
| Kus, Ryan, Joseph | Chief Compliance Officer & Chief Operating Officer, Limited Partner | Aug 2022 (4y) | 10% – 25% |
Entity owners (Schedule A/B)
| Entity | Title / status | Since | Sch. | Ownership |
|---|---|---|---|---|
| Warrayure Llc | General Partner | Jan 2019 | A | Less than 5% |
Undisclosed: 0% – 15% of the firm is not attributable from the filed Schedule A bands.
Estimated effective ownership (look-through of filed bands):
- Hobart, Scott, Robert: 75% – 100% of Warrayure Llc × 0% – 5% direct ≈ 0% – 5% 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 (2, $278M gross assets)
| Fund | Type | Gross assets | Min. investment | Owners |
|---|---|---|---|---|
| Mercator Convergence Fund, Lp | Hedge Fund | $240M | $1.0M | 2 |
| Smid Energy Transition Fund Lp | Hedge Fund | $38.4M | $0 | 3 |
From Form ADV Section 7.B private fund reporting.
Documents (1 archived)
| Form | Period | Size | |
|---|---|---|---|
| Form ADV (full filing) | 03/25/2026 | 1.41 MB | 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
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 25, 2026.
View current Form ADV (SEC/IAPD) ↗