Kavi Asset Management, LP (New York)

Kavi Asset Management, LP is a large advisory firm based in New York. It manages $258.39 million of regulatory assets for 5 client accounts. It has been registered with the SEC as an adviser since 2015.

Kavi Asset 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.

Kavi Asset Management: assets under management

The assets under management (AUM) of Kavi Asset Management, LP is $258.39 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 64% since the beginning of its operation, and $3.88 million of the total AUM is attributable to clients outside of the United States.

The firm manages $258.39 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $51.68 million each.

Kavi Asset Management has custody of $258.34 million 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 Kavi Asset 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 Kavi Asset Management serves?

The only and largest group of clients of Kavi Asset Management is pooled investment vehicles with 5 clients and $258.39 million of assets under management. Among the 11 most similar advisory firms, Kavi Asset Management has the highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $258.39 million for 5 clients. 25% of the firm’s clients are foreign persons or businesses.

Kavi Asset Management also advises several private funds. Namely, one hedge fund and one private equity fund. The minimum investment commitment required of non-related persons ranges from $1,000,000 to $5,000,000.

Careers at Kavi Asset Management, LP

The company employs 6 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
Brennan Joseph Mccaw	Chief financial officer and chief compliance officer	1 Jul 2014	Other	4920995
George Benedict Song	Director of operations and investor relations	1 Jul 2014	Other	2321181
Llc Kavi Asset Management Gp	General partner	1 Jul 2014	75% - 100%	47-1524665

Indirect Owners

The SEC currently registers 2 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Manny Nmn Singh	Managing member	1 Jul 2014	75% - 100%	6443032
Manny Singh	Managing member	1 Jul 2014	75% - 100%	6443032

Based in New York

The principal office where Kavi Asset Management, LP performs its advisory services is located at 780 Third Avenue, 48 Th Floor, 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 646-762-8600. The normal business hours are 9:00 am - 5:00 pm on Monday - Friday.