Cello Capital Management, Lp

Cello Capital Management, LP, founded in 2009, is an investment advisory firm specializing in mortgage-backed securities (MBS) investments. The firm serves as an investment manager for collective investment vehicles, including private limited partnerships and foreign investment companies. Clients, including high net worth individuals and institutional investors, invest in MBS sectors focusing on U.S. Government credit quality MBS. Cello Capital manages assets totaling $899,315,507 as of December 31, 2024, on a discretionary basis. The firm charges management fees ranging from 1% to 2% annually, with performance fees typically ranging from 10% to 25%. Clients must commit a minimum of $3 million, subject to suitability qualifications. The firm exercises investment discretion for its Clients, formulating investment objectives and managing assets according to governing documents. Cello Capital discloses potential risks associated with MBS investments, including prepayment, interest rate, and structural risks. The firm's Code of Ethics emphasizes fiduciary duty and conflict avoidance. Cello Capital compensates placement agents for investor referrals and has custody over client accounts, subject to annual audits. The firm has discretion over investment decisions and participates in class actions on behalf of clients. Cello Capital's financial information indicates a stable financial condition.