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SEC-registered adviser

T•••••••• I••••••••• M••••••••• L••

Asset manager (funds and pooled vehicles)Admiralty, Hong Kong, CRD 118798SEC 801-61024websiteIAPD
Latest filing Mar 19, 2026
First filing on the tape Mar 13, 2012 · 31 filings
SEC status approved since Mar 29, 2002
RAUM
$210M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
0.0%
$0 individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
8
5 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
1
reported on Schedule D
History
31 filings and snapshots on the tape
RAUM$210M as of Mar 19, 2026
Mar 13, 2012$184M then
HNW client RAUM$0 as of Mar 19, 2026
Mar 20, 2018$0 then
State-registered IARs (5.B.3)0 as of Mar 19, 2026
Mar 13, 20120 then
Employees (5.A)8 as of Mar 19, 2026
Mar 27, 201316 then
Private funds1 as of Mar 19, 2026
Mar 13, 20121 then
RAUM +25% over the last fiscal year+11% a year over threeIARs 0 to 0
Practice profile
derived from the filing of Mar 19, 2026; every figure names its basis
RAUM per advisor
unknownderivedRAUM over IAPD advisors; not a book size
Clients per advisor
unknownderivedindividual and HNW clients (5.D) over advisors
Average HNW client
unknownderivedHNW RAUM over HNW clients
Average account
$52.4MderivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
unknownderivedItem 5.A over advisors
Advisors per office
unknownderived1 offices incl. principal (1.F.5)
RAUM growth, one year
+25%derivedbetween the last two annual amendments
Advisor growth, one year
unknownderivedItem 5.B.3 between annual amendments
Client growth, one year
unknownderived
Compensation
percentage of assets, performance-basedreportedItem 5.E
Advisory activities
portfolio management for pooled vehiclesreportedItem 5.G
Custody
$210M, 4 clientsreportedItem 9.A
Ownership
no PE, bank or public-company owner found on Schedule Aderived
Advisor book size
not public; not estimatedreported
Also answered yes on Form ADV
  • buys or sells securities as principal to or from clients (8.A.2)
  • has discretionary authority over which securities are bought or sold (8.C.1)
  • receives research or other products from a broker-dealer, soft dollars (8.E)
  • compensates persons for client referrals (8.G.1)
  • compensates non-employees for client referrals (8.G.2)
  • has custody of client cash or bank accounts (9.A.1.a)
  • has custody of client securities (9.A.1.b)
  • a related person has custody of client cash (9.B.1.a)
  • a related person has custody of client securities (9.B.1.b)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Pooled investment vehicles$210M100%
Individual clients
0reported
HNW clients
0reported
Pension plan clients
0reported
Charitable clients
0reported
Accounts
4reported
Financial planning clients
reported
Wrap fee programs
noreported
Custody of client assets
$210M for 4 clientsreported
Compensation
% of AUM, performancereported
Class basis
private_client_share=0.0 fund_share=1.0 institutional_share=0.0 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
0 on IAPD today, longest tenure first
No representative is registered through this CRD on IAPD.
Advisor movement
Left, latest
none on the tape
    Joined, latest
    none on the tape
      Private funds
      2 reported on Schedule D 7.B.(1)
      Owners and control persons
      Schedule A and B, latest filing
      • L••• C•••••••• · Managing Member / Chief Investment Officercontrol
        since 07/2017 · owns 25% to 50%
      • L••• G•••••• Y•••••••• · Managing Member / Chief Executive Officercontrol
        since 07/2017 · owns 25% to 50%
      • K•• S••• K•• · Chief Operating Officer / Chief Compliance Officer
        since 04/2020 · owns less than 5%
      • L••• J•••• J•••••••• · Managing Director / Head Of Business Development
        since 07/2017 · owns 10% to 25%
      Related persons
      Schedule D 7.A
      • T•••••••• A•••••••• L••
        pooled vehicle sponsory
      • T•••••••• C•••••• M••••••••• L••
        investment advisery
      Offices
      Schedule D 1.F, the 25 largest
      No branch office listed.
      What changed
      consecutive filings, newest first
      • Advisory employees · 6 to 5
        Mar 19, 2025 to Mar 19, 2026
      • Assets in custody · $167M to $210M
        Mar 19, 2025 to Mar 19, 2026
      • Employees · 9 to 8
        Mar 19, 2025 to Mar 19, 2026
      • Discretionary RAUM · $167M to $210M
        Mar 19, 2025 to Mar 19, 2026
      • Pooled vehicle RAUM · $167M to $210M
        Mar 19, 2025 to Mar 19, 2026
      • RAUM · $167M to $210M
        Mar 19, 2025 to Mar 19, 2026
      • Advisory employees · 7 to 6
        Mar 26, 2024 to Mar 19, 2025
      • Assets in custody · $160M to $167M
        Mar 26, 2024 to Mar 19, 2025
      • Employees · 10 to 9
        Mar 26, 2024 to Mar 19, 2025
      • Financial planning clients · unset to
        Mar 26, 2024 to Mar 19, 2025
      • HQ state · unset to
        Mar 26, 2024 to Mar 19, 2025
      • Discretionary RAUM · $160M to $167M
        Mar 26, 2024 to Mar 19, 2025
      • Pooled vehicle RAUM · $160M to $167M
        Mar 26, 2024 to Mar 19, 2025
      • RAUM · $160M to $167M
        Mar 26, 2024 to Mar 19, 2025
      • Advisory employees · 8 to 7
        Mar 20, 2023 to Mar 21, 2024
      • Assets in custody · $154M to $160M
        Mar 20, 2023 to Mar 21, 2024
      • Employees · 11 to 10
        Mar 20, 2023 to Mar 21, 2024
      • Private funds · 2 to 1
        Mar 20, 2023 to Mar 21, 2024
      • Discretionary RAUM · $154M to $160M
        Mar 20, 2023 to Mar 21, 2024
      • Pooled vehicle RAUM · $154M to $160M
        Mar 20, 2023 to Mar 21, 2024
      • RAUM · $154M to $160M
        Mar 20, 2023 to Mar 21, 2024
      • Advisory employees · 9 to 8
        Mar 21, 2022 to Mar 20, 2023
      • Assets in custody · $339M to $154M
        Mar 21, 2022 to Mar 20, 2023
      • Employees · 12 to 11
        Mar 21, 2022 to Mar 20, 2023
      • Discretionary RAUM · $339M to $154M
        Mar 21, 2022 to Mar 20, 2023
      • Pooled vehicle RAUM · $339M to $154M
        Mar 21, 2022 to Mar 20, 2023
      • RAUM · $339M to $154M
        Mar 21, 2022 to Mar 20, 2023
      • Advisory employees · 8 to 9
        Mar 29, 2021 to Mar 21, 2022
      • Assets in custody · $362M to $339M
        Mar 29, 2021 to Mar 21, 2022
      • Discretionary RAUM · $362M to $339M
        Mar 29, 2021 to Mar 21, 2022
      • Pooled vehicle RAUM · $362M to $339M
        Mar 29, 2021 to Mar 21, 2022
      • RAUM · $362M to $339M
        Mar 29, 2021 to Mar 21, 2022
      • Assets in custody · $249M to $362M
        Jun 2, 2020 to Mar 29, 2021
      • Discretionary RAUM · $249M to $362M
        Jun 2, 2020 to Mar 29, 2021
      • Pooled vehicle RAUM · $249M to $362M
        Jun 2, 2020 to Mar 29, 2021
      • RAUM · $249M to $362M
        Jun 2, 2020 to Mar 29, 2021
      • Advisory employees · 9 to 8
        Mar 25, 2019 to Mar 23, 2020
      • Assets in custody · $195M to $249M
        Mar 25, 2019 to Mar 23, 2020
      • Employees · 13 to 12
        Mar 25, 2019 to Mar 23, 2020
      • Discretionary RAUM · $195M to $249M
        Mar 25, 2019 to Mar 23, 2020
      Signals
      2 dated events
      • T•••••••• I••••••••• M••••••••• L•• reported RAUM $153.9M, down 55% from $339.1M (2022-03-21 to 2023-03-20)
        Mar 20, 2023 · RAUM change · derived
      • T•••••••• I••••••••• M••••••••• L•• reported RAUM $361.5M, up 45% from $248.7M (2020-06-02 to 2021-03-29)
        Mar 29, 2021 · RAUM change · derived
      Across DFX
      shared identifiers only, never a name match
      No identifier-backed link to the venture, private equity, family office or sponsor graphs.
      How to reach
      public business contact points only, each with its source
      Website
      TELLCAP.COMreportedpublic record, Form ADV, Sep 21, 2026
      Principal office phone
      +852 3150 0888reportedpublic record, Form ADV, Mar 19, 2026
      Provenance
      Form ADV
      SEC filing data 2011 to 2024 and the monthly roster 2025 onreportedadviserinfo.sec.gov
      Advisors
      IAPD individual compilation feed, dailyreportedadviserinfo.sec.gov
      Class
      Asset manager (funds and pooled vehicles)deriveda rule over Items 5.D and 7.A
      RAUM per advisor
      n/aderivedfirm RAUM over the IAPD count; not a book size
      Loaded
      Sep 14, 2026