Third North Capital LP is a large advisory firm based in New York. It manages $235.92 million of regulatory assets for 3 client accounts. It has been registered with the SEC as an adviser since 2016.
Third North Capital provides portfolio management for businesses and institutional clients. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Third North Capital LP is $235.92 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 926% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
The advisory firm has several streams of revenue. Clients pay Third North 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.
The only and largest group of clients of Third North Capital is pooled investment vehicles with 1 clients and $62.14 million of assets under management. Among the 8 most similar advisory firms, Third North Capital has the 3rd highest percentage of pooled investment vehicles out of all clients.
The amount of regulatory assets under management is $62.14 million for 1 clients. None of the firm’s clients are foreign persons or businesses.
Third North Capital also advises several private funds. Namely, one hedge fund.
The company employs 2 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.
The principal office where Third North Capital LP performs its advisory services is located at 275 7 Th Avenue, New York, NY 10001, 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 917-519-3628. The normal business hours are 9am - 6pm on Monday - Friday.