12 West Capital Management LP (New York)

12 West Capital Management LP is a large advisory firm based in New York. It manages $1.82 billion of regulatory assets for 5 client accounts. It has been registered with the SEC as an adviser since 2016 and has operated in the jurisdiction of New York.

12 West 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.

12 West Capital Management: assets under management

The assets under management (AUM) of 12 West Capital Management LP is $1.82 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 10% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $1.82 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $363.82 million each.

12 West Capital Management has custody of $1.82 billion in cash and securities for 5 clients in total but doesn’t act as a qualified custodian.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay 12 West Capital Management 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 12 West Capital Management serves?

The only and largest group of clients of 12 West Capital Management is pooled investment vehicles with 5 clients and $1.82 billion of assets under management. Among the 12 most similar advisory firms, 12 West Capital Management has the 3rd highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $1.82 billion for 5 clients. 50% of the firm’s clients are foreign persons or businesses.

12 West Capital Management also advises several private funds. Namely, four hedge funds. The minimum investment commitment required of non-related persons ranges from $1,000,000 to $10,000,000.

Careers at 12 West Capital Management LP

The company employs 12 people that are either part- or full-time employees. 67 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
12 West Capital Management Llc	General partner	1 Apr 2011	75% - 100%	45-3076594
Joel Nmn Ramin	Portfolio manager and managing member of 12 west capital management llc	1 Sep 2011	Other	6019837
James Francis Gilmore	Chief compliance officer and chief finance officer	1 Oct 2011	Other	5059359

Indirect Owners

The SEC currently registers 1 indirect owner.

Name	Entity	Date acquired	Ownership	Employer ID
Joel Nmn Ramin	Managing member	1 Apr 2011	50% - 75%	6019837

Based in New York

The principal office where 12 West Capital Management LP performs its advisory services is located at 90 Park Avenue, New York, NY 10016, 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 646-216-7040 or by fax 646-219-2834. The normal business hours are 9:00-6:00 on Monday - Friday.