Corbin Capital Partners, L.P. is a large advisory firm based in New York. It manages $7.34 billion of regulatory assets for 20 client accounts. It has been registered with the SEC as an adviser since 2005.
Corbin Capital Partners provides portfolio management for investment companies, portfolio management for pooled investment vehicles, portfolio management for businesses and institutional clients, and selection of other advisers. 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 Corbin Capital Partners, L.P. is $7.34 billion. The firm's AUM has grown by 581% since the beginning of its operation, and $3.49 billion of the total AUM is attributable to clients outside of the United States.
The advisory firm has several streams of revenue. Clients pay Corbin Capital Partners, 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 investment companies and pooled investment vehicles. The largest group of clients of Corbin Capital Partners is pooled investment vehicles with 10 clients and $4.22 billion of assets under management. Among the 11 most similar advisory firms, Corbin Capital Partners has the 3rd lowest percentage of pooled investment vehicles out of all clients.
The amount of regulatory assets under management is $4.37 billion for 11 clients. 45% of the firm’s clients are foreign persons or businesses.
Corbin Capital Partners also advises several private funds. Namely, eight hedge funds and two private equity funds. The minimum investment commitment required of non-related persons ranges from $0 to $5,000,000.
The company employs 47 people that are either part- or full-time employees. 30 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives 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.
Craig Gary Bergstrom has served as the Chief Investment Officer since 1 Feb 2012 and Tracy Karen Mchale Stuart is the Chief Executive Officer of Corbin Capital Partners, L.P. family office. Norma Lerner joined the executive team most recently as the Trustee.
The principal office where Corbin Capital Partners, L.P. performs its advisory services is located at 590 Madison Avenue, New York, NY 10022, 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 (212) 634-7373 or by fax (212) 634-7399. The normal business hours are 8:30am - 6:00pm on Monday - Friday. You can find more information about the New York firm at corbincapital.com.