Northern Right Capital Management, L.P. is a large advisory firm based in Darien. It manages $192.56 million of regulatory assets for 5 client accounts. It has been registered with the SEC as an adviser since 2015 and has operated in the jurisdiction of Connecticut.
Northern Right Capital Management provides portfolio management for pooled investment vehicles and portfolio management for businesses and institutional clients. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Northern Right Capital Management, L.P. is $192.56 million, all of which is managed in discretionary accounts. The firm's AUM has gone down by -1% since the beginning of its operation, and $1.99 million of the total AUM is attributable to clients outside of the United States.
The advisory firm has several streams of revenue. Clients pay Northern Right Capital Management, L.P. for their services and products based on a percentage of assets under management and performance-based fees. The adviser charges an additional fee when a set benchmark is outperformed. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.
The firm provides services to pooled investment vehicles and corporations or other businesses. The largest group of clients of Northern Right Capital Management is pooled investment vehicles with 3 clients and $168.97 million of assets under management. Among the 10 most similar advisory firms, Northern Right Capital Management has the highest percentage of pooled investment vehicles out of all clients.
The amount of regulatory assets under management is $192.56 million for 5 clients. 20% of the firm’s clients are foreign persons or businesses.
Northern Right Capital Management also advises several private funds. Namely, two hedge funds. The minimum investment commitment required of non-related persons ranges from $1,000,000 to $5,000,000.
The company employs 5 people that are either part- or full-time employees. 60 percent of the employees work as investment advisers or researchers. Only one employee is registered as an investment adviser representative with the state securities authorities.
There are 2 people with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.
The principal office where Northern Right Capital Management, L.P. performs its advisory services is located at 9 Old Kings Hwy. South, Darien, CT 06820, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 203-951-5440 or by fax 203-202-9823. The normal business hours are 8am-5pm on Monday - Friday. You can find more information about the New York firm at northernrightcap.com.