Opti Capital Management LP (New York)

Opti Capital Management LP is a large advisory firm based in New York. It manages $324 million of regulatory assets for 2 client accounts. It has been registered with the SEC as an adviser since 2018 and has operated in the jurisdictions of Iowa and New York.

Opti Capital Management 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.

Opti Capital Management: assets under management

The assets under management (AUM) of Opti Capital Management LP is $324 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 62% since the beginning of its operation, and $324 million of the total AUM is attributable to clients outside of the United States.

The firm manages $324 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $162 million each.

Opti Capital Management has custody of $251.93 million in cash and securities for 2 clients in total but doesn’t act as a qualified custodian.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Opti Capital Management LP for their services and products based on a percentage of assets under management. 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 Opti Capital Management serves?

The firm provides services to investment companies and pooled investment vehicles. The largest group of clients of Opti Capital Management is investment companies with 1 clients and $200 million of assets under management. Among the 13 most similar advisory firms, Opti Capital Management has the highest percentage of investment companies out of all clients.

The amount of regulatory assets under management is $324 million for 2 clients. None of the firm’s clients are foreign persons or businesses.

Opti Capital Management 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 Opti Capital Management LP

The company employs 4 people that are either part- or full-time employees. 100 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
Xpl Llc	General partner	1 Nov 2017	Other	82-3697624
Thomas Patrick Kennedy	Cfo/coo/cco	1 Feb 2018	Other	2266351
Xiuping Li	Limited partner, founder	1 Feb 2018	75% - 100%	4427047

Indirect Owners

The SEC currently registers 1 indirect owner.

Name	Entity	Date acquired	Ownership	Employer ID
Xiuping Li	Managing member	1 Nov 2017	75% - 100%	4427047

Based in New York

The principal office where Opti Capital Management LP performs its advisory services is located at 120 West 45 Th Street, Suite 3005, New York, NY 10036, 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 212.430.2184. The normal business hours are 8am - 6pm on Monday - Friday.