Lcn Capital Partners, L.P. (New York)


Lcn Capital Partners, L.P. is a large advisory firm based in New York. It manages $1.9 billion of regulatory assets for 12 client accounts. It has been registered with the SEC as an adviser since 2013 and has operated in the jurisdiction of New York.

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Lcn Capital Partners 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.

Lcn Capital Partners: assets under management

The assets under management (AUM) of Lcn Capital Partners, L.P. is $1.9 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 968% since the beginning of its operation, and $1.3 billion of the total AUM is attributable to clients outside of the United States.


The firm manages $1.9 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $157.94 million each.
Lcn Capital Partners has custody of $1.9 billion in cash and securities for 12 clients in total but doesn’t act as a qualified custodian.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Lcn Capital Partners, L.P. 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 Lcn Capital Partners serves?

The only and largest group of clients of Lcn Capital Partners is pooled investment vehicles with 12 clients and $1.9 billion of assets under management. Among the 6 most similar advisory firms, Lcn Capital Partners has the highest percentage of pooled investment vehicles out of all clients.


The amount of regulatory assets under management is $1.9 billion for 12 clients. 50% of the firm’s clients are foreign persons or businesses.

Lcn Capital Partners also advises several private funds. Namely, four private equity funds. The minimum investment commitment required of non-related persons ranges from $200,000 to $5,000,000.

Careers at Lcn Capital Partners, L.P.

The company employs 22 people that are either part- or full-time employees. 55 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
Bryan York Colwell Managing partner 1 Nov 2010 Other 1661392
Edward V Lapuma Managing partner 1 Nov 2010 Other 6189491
Rabindran S Abraham Partner 1 Nov 2010 Other 4247835
Thomas Robert Wall Partner 1 Nov 2010 Other 6189541
Brian Matthew Feldman General counsel and chief compliance officer 1 Jul 2011 Other 4860209
Jonathan David Lerman Chief financial officer 1 Sep 2011 Other 6173229
Llc Lcn Group General partner of lcn capital partners, l.p. 1 Feb 2012 Other 90-0941309
L.P. Lcn Capital Management Limited partner of lcn capital partners, l.p. 1 Jan 2013 75% - 100% 00-0000000
Thomas Robert Wall Partner 1 Oct 2013 Other 6189541
Christopher Nichols Partner 1 Oct 2013 Other 4059509
Joshua Reid Leventhal Partner, general counsel and chief compliance officer 1 Sep 2014 Other 6436294
Jeffrey Hwang Chief financial officer 1 Feb 2016 Other 2711380

Indirect Owners

The SEC currently registers 5 indirect owners.

Name Entity Date acquired Ownership Employer ID
L.P. Lcn Cm Holdings Limited partners of lcn capital management, l.p. 1 Jan 2013 75% - 100% 00-0000000
Llc Lfi Limited partner of lcn cm holdings, l.p. 1 Jan 2013 75% - 100% 45-3823181
Lapuma Investment Trust Sole member of lfi, llc 1 Jan 2013 75% - 100% 37-6509716
Daniel Leonard Spears Trustee of lapuma investment trust 1 Jan 2013 Other 2508336
Edward V Lapuma Member of lcn group, llc 1 Jan 2013 75% - 100% 6189491

Based in New York

The principal office where Lcn Capital Partners, L.P. performs its advisory services is located at 888 Seventh Avenue, 4 Th Floor, New York, NY 10019 3313, 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 212-201-4076 or by fax 646-365-0747. The normal business hours are 9:00- 6:00 on Monday - Friday. You can find more information about the New York firm at lcnpartners.com.