Arsenal Capital Management LP (New York)


Arsenal Capital Management LP is a large advisory firm based in New York. It manages $3.31 billion of regulatory assets for 11 client accounts. It has been registered with the SEC as an adviser since 2012 and has operated in the jurisdiction of New York.

Arsenal 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.

Arsenal Capital Management: assets under management

The assets under management (AUM) of Arsenal Capital Management LP is $3.31 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 307% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $3.31 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $300.56 million each.
Arsenal Capital Management has custody of $3.31 billion in cash and securities for 11 clients in total but doesn’t act as a qualified custodian.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Arsenal Capital Management LP 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.

What kind of clients Arsenal Capital Management serves?

The only and largest group of clients of Arsenal Capital Management is pooled investment vehicles with 11 clients and $3.31 billion of assets under management. Among the 7 most similar advisory firms, Arsenal Capital Management has the 3rd highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $3.31 billion for 11 clients. None of the firm’s clients are foreign persons or businesses.

Arsenal Capital Management also advises several private funds. Namely, eleven private equity funds. The minimum investment commitment required of non-related persons ranges from $0 to $10,000,000.

Careers at Arsenal Capital Management LP

The company employs 37 people that are either part- or full-time employees. 78 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
Terrence Maxwell Mullen Senior partner, arsenal capital management lp 1 Oct 2000 50% - 75% 1973039
Arsenal Capital Group Llc General partner, arsenal capital management lp 1 May 2001 Other 13-4133082
Jeffrey Brian Kovach Senior partner, arsenal capital management lp 1 Jan 2004 25% - 50% 2641889
Pilar Lorente Chief financial officer & chief compliance officer, arsenal capital management lp 1 Aug 2006 Other 6024431
Frank Scrudato Chief financial officer & chief compliance officer of registrant and relying advisers 1 Feb 2014 Other 6028855

Indirect Owners

The SEC currently registers 2 indirect owners.

Name Entity Date acquired Ownership Employer ID
Terrence Maxwell Mullen Member 1 Aug 2000 50% - 75% 1973039
Jeffrey Brian Kovach Member 1 Aug 2006 50% - 75% 2641889

Based in New York

The principal office where Arsenal Capital Management LP performs its advisory services is located at 100 Park Avenue, New York, NY 10017, 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 212-771-1717 or by fax 212-771-1718. The normal business hours are 9 am - 6 pm on Monday - Friday. You can find more information about the New York firm at arsenalcapital.com/.