Dendur Capital LP (New York)

Dendur Capital LP is a large advisory firm based in New York. It manages $303.45 million of regulatory assets for 3 client accounts. It has been registered with the SEC as an adviser since 2019.

Dendur Capital provides portfolio management for pooled investment vehicles. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Dendur Capital: assets under management

The assets under management (AUM) of Dendur Capital LP is $303.45 million, all of which is managed in discretionary accounts. $256.37 million of the total AUM is attributable to clients outside of the United States.

The firm manages $303.45 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $101.15 million each.

Dendur Capital has custody of $303.45 million in cash and securities for 3 clients in total but doesn’t act as a qualified custodian.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Dendur Capital LP for their services and products based on a percentage of assets under management and performance-based fees. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Dendur Capital serves?

The only and largest group of clients of Dendur Capital is pooled investment vehicles with 3 clients and $303.45 million of assets under management. Among the 8 most similar advisory firms, Dendur Capital has the highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $303.45 million for 3 clients. 67% of the firm’s clients are foreign persons or businesses.

Dendur Capital also advises several private funds. Namely, one hedge fund. The minimum investment commitment required of non-related persons is $1,000,000 for each fund.

Careers at Dendur Capital LP

The company employs 7 people that are either part- or full-time employees. 57 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.

There isn’t anyone 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.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Dendur Capital Gp Llc	General partner	1 Jul 2018	Other	83-1347360
Michael Rocco Anastasio	Chief compliance officer/cfo/coo	1 Jul 2018	Other	4303783

Indirect Owners

The SEC currently registers 1 indirect owner.

Name	Entity	Date acquired	Ownership	Employer ID
Malcolm Andrew Levine	Managing member	1 Jul 2018	75% - 100%	4696921

Based in New York

The principal office where Dendur Capital LP performs its advisory services is located at 1330 Avenue Of The Americas, New York, NY 10019, 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) 624-2680. The normal business hours are 8am-6pm on Monday - Friday.