{ "crd_number": 288464, "slug": "hanwha-asset-management-usa-ltd-san-francisco-ca-288464", "primary_business_name": "HANWHA ASSET MANAGEMENT (USA) LTD.", "legal_name": "HANWHA ASSET MANAGEMENT (USA) LTD.", "dbas": [], "city": "San Francisco", "state": "CA", "country": "United States", "cbsa_code": "41860", "metro": { "cbsa_code": "41860", "common_name": "San Francisco", "msa_name": "San Francisco-Oakland-Fremont, CA", "path": "/advisors/ca/san-francisco" }, "registration_type": "sec", "registration_status": "Approved", "registration_date": "2017-07-03", "years_registered": 9, "period": "2026-10-01", "filing_date": "2026-08-03", "carried_forward": false, "raum_total": 3995640574.0, "raum_discretionary": 3995640574.0, "raum_non_discretionary": 0.0, "raum_band": "1b_5b", "raum_band_label": "$1 billion to $5 billion", "total_employees": 22, "advisory_employees": 15, "client_count_bucket": "fewer_than_5_in_some_types", "clients_by_type": { "banking_thrift": { "raum": 220905538.0, "count": 1, "fewer_than_5": true }, "insurance_companies": { "raum": 3432235036.0, "count": 1, "fewer_than_5": true }, "pooled_investment_vehicles": { "raum": 342500000.0, "count": 2 } }, "compensation_types": [ "percentage_of_aum", "performance_based" ], "advisory_activities": [ "portfolio_management_businesses_institutional", "portfolio_management_pooled_vehicles" ], "wrap_fee_participant": false, "disclosure_yes_count": 0, "states_registered": [ "CA", "NY" ], "websites": [ "https://hamventuresusa.com", "https://linkedin.com/company/hanwha-asset-management-usa-ltd" ], "iapd_url": "https://adviserinfo.sec.gov/firm/summary/288464", "city_as_filed": "SAN FRANCISCO", "url": "https://advisorcensus.com/firm/hanwha-asset-management-usa-ltd-san-francisco-ca-288464", "display_name": "Hanwha Asset Management (USA) Ltd.", "summary": "Hanwha Asset Management (USA) Ltd. is an SEC-registered investment advisory firm in San Francisco, CA, registered since 2017, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated August 3, 2026.", "citation": "AdvisorCensus. Hanwha Asset Management (USA) Ltd. (CRD 288464): Form ADV filing data as of October 2026.", "registration_type_label": "SEC-registered investment adviser", "compensation_labels": [ "A percentage of assets under your management", "Performance-based fees" ], "advisory_activity_labels": [ "Portfolio management for pooled investment vehicles (other than investment companies)", "Portfolio management for businesses (other than small businesses) or institutional clients" ], "quick_answers": [ { "q": "How is Hanwha Asset Management (USA) Ltd. compensated?", "a": "On its Form ADV (Item 5.E, October 2026), Hanwha Asset Management (USA) Ltd. reports these compensation arrangements: a percentage of assets under its management; performance-based fees. The amounts are in Item 5 of its Form ADV Part 2A brochure." }, { "q": "Where is Hanwha Asset Management (USA) Ltd. located?", "a": "Hanwha Asset Management (USA) Ltd.'s principal office is in San Francisco, CA, according to its Form ADV; the September 2026 filing also lists 1 other office (Schedule D, Section 1.F)." }, { "q": "Is Hanwha Asset Management (USA) Ltd. registered with the SEC or a state?", "a": "Hanwha Asset Management (USA) Ltd. is an SEC-registered investment advisory firm, registered since 2017. Status as filed: Approved. CRD 288464." }, { "q": "How much does Hanwha Asset Management (USA) Ltd. manage?", "a": "Hanwha Asset Management (USA) Ltd. reports $3,995,640,574 in regulatory assets under management in its Form ADV filing dated August 3, 2026 (100% discretionary)." }, { "q": "How have Hanwha Asset Management (USA) Ltd.'s assets and staff changed since 2021?", "a": "In the Form ADV data for Hanwha Asset Management (USA) Ltd.: Regulatory assets under management: $2,115,997,311 in the October 2021 data and $3,995,640,574 in the October 2026 data, up 89%. Total employees: 12 in October 2021 and 22 in October 2026. Assets under management move with markets as well as with clients coming and going." }, { "q": "What types of clients does Hanwha Asset Management (USA) Ltd. serve?", "a": "By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (2); banking or thrift institutions (1); insurance companies (1)." }, { "q": "Which custodians does Hanwha Asset Management (USA) Ltd. use?", "a": "Hanwha Asset Management (USA) Ltd.'s most recent Form ADV filing (Schedule D, Section 5.K(3)) lists JPMorgan Chase Bank, NA as a custodian holding 10% or more of its separately managed account assets." }, { "q": "Does Hanwha Asset Management (USA) Ltd. report any disciplinary disclosures?", "a": "Reports no disclosure items on Form ADV Item 11. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/288464" }, { "q": "What changed in Hanwha Asset Management (USA) Ltd.'s recent Form ADV filings?", "a": "In the April 2026 filing data: Regulatory assets under management went from $2,088,086,232 to $3,995,640,574 (+91%)." } ], "filing_history": [ { "period": "2021-10-01", "regulatory_assets_under_management": 2115997311.0, "total_employees": 12, "filing_date": "2021-04-16" }, { "period": "2022-10-01", "regulatory_assets_under_management": 2990123247.0, "total_employees": 8, "filing_date": "2022-03-30" }, { "period": "2023-10-01", "regulatory_assets_under_management": 2855231859.0, "total_employees": 10, "filing_date": "2023-03-30" }, { "period": "2024-10-01", "regulatory_assets_under_management": 2329080912.0, "total_employees": 16, "filing_date": "2024-04-11" }, { "period": "2025-10-01", "regulatory_assets_under_management": 2088086232.0, "total_employees": 18, "filing_date": "2025-03-21" }, { "period": "2026-10-01", "regulatory_assets_under_management": 3995640574.0, "total_employees": 22, "filing_date": "2026-08-03" } ], "recent_changes": [ { "period": "2026-04-01", "period_label": "April 2026", "notes": [ "Regulatory assets under management went from $2,088,086,232 to $3,995,640,574 (+91%)." ] }, { "period": "2026-02-01", "period_label": "February 2026", "notes": [ "Updated its list of owners and control persons (Schedule A)." ] } ], "fees_from_brochure": null, "custodians": [ { "name": "JPMorgan Chase Bank, NA", "name_as_filed": "JPMORGAN CHASE BANK, NA", "affiliated": false } ], "custodians_note": "Custodians holding 10% or more of the firm's separately managed account assets, as filed on Form ADV (Schedule D, Section 5.K(3)). A custodian holds client assets; it does not endorse or supervise the firm. AdvisorCensus has no relationship with any custodian.", "markdown_url": "https://advisorcensus.com/firm/hanwha-asset-management-usa-ltd-san-francisco-ca-288464.md", "clients": [ { "type": "banking_thrift", "label": "Banking or thrift institutions", "count": 1, "fewer_than_5": true, "raum": 220905538.0 }, { "type": "pooled_investment_vehicles", "label": "Pooled investment vehicles (other than investment companies and business development companies)", "count": 2, "fewer_than_5": false, "raum": 342500000.0 }, { "type": "insurance_companies", "label": "Insurance companies", "count": 1, "fewer_than_5": true, "raum": 3432235036.0 } ], "disclosure_line": "Reports no disclosure items on Form ADV Item 11.", "disclosure_items": [], "indexable": true, "suppressed": false, "claimed": false, "enhanced": false, "provided_by_the_firm": null, "source": { "name": "Form ADV", "as_of": "2026-10-01", "iapd_url": "https://adviserinfo.sec.gov/firm/summary/288464", "operator": "BH Monitor Services, LLC", "license": "https://creativecommons.org/licenses/by/4.0/", "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data" } }