Separately Managed Account
We offer investors a concentrated, non-diversified, long-only equity strategy through a separately managed account (SMA). You maintain direct ownership of the underlying securities in your portfolio which will provide additional control and transparency with regards to customization and tax-loss harvesting. Accounts may be set up as Individual, Joint, or IRA. We use Interactive Brokers as our custodian.
Too often, we see advisers counsel one thing for clients and another for themselves. We believe that aligning ourselves with our clients creates the proper incentives. Thus, Mr. Mepani and his immediate family aim to invest the majority of their liquid net worth in the same strategies that are offered to clients.
Our goal is to keep fees simple and low. All accounts are charged a 1.00% fee on assets.
Micawber Capital LLC’s managing member is Rahul Mepani, CFA (LinkedIn). He has spent over 20 years managing investment portfolios in a variety of strategies and asset classes including market neutral equity and macro. Prior to founding Micawber, his experience includes time at Balyasny Asset Management, Independence Capital, and Visium Asset Management.
Mr. Mepani graduated from Harvard University in 2001 with an A.B. degree in computer science. He received his CFA charter in 2006.
He lives in Seattle, Washington with his wife and two children.