Lunia Capital LP (Dallas)

Lunia Capital LP is a large advisory firm based in Dallas. It manages $742.28 million of regulatory assets for 4 client accounts. It has been registered with the SEC as an adviser since 2016 and has operated in the jurisdiction of Texas.

Lunia Capital 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.

Lunia Capital: assets under management

The assets under management (AUM) of Lunia Capital LP is $742.28 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 103% since the beginning of its operation, and $344.66 million of the total AUM is attributable to clients outside of the United States.

The firm manages $742.28 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $185.57 million each.

Lunia Capital has custody of $374.47 million in cash and securities for 3 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in exchange traded securities the most. They account for 56% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 44% of the firm’s portfolio. Investments in derivatives form 1% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Lunia Capital 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 Lunia Capital serves?

The firm provides services to other investment advisers and pooled investment vehicles. The largest group of clients of Lunia Capital is pooled investment vehicles with 3 clients and $374.47 million of assets under management. Among the 8 most similar advisory firms, Lunia Capital has the 3rd highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $742.28 million for 4 clients. 50% of the firm’s clients are foreign persons or businesses.

Lunia Capital also advises several private funds. Namely, one hedge fund. The minimum investment commitment required of non-related persons is $1,000,000 for each fund.

Careers at Lunia Capital LP

The company employs 8 people that are either part- or full-time employees. 75 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
Vikas Lunia	Founder and chief investment officer	1 Oct 2016	75% - 100%	6729994
Yatrik Nilkanth Munshi	Chief operating officer, chief compliance officer and partner	1 Nov 2016	Other	5656557
Roy Wayne Moore	Director of research and partner	1 Dec 2016	Other	6764091

Indirect Owners

The SEC currently registers 1 indirect owner.

Name	Entity	Date acquired	Ownership	Employer ID
Jamalu Llc	General partner	1 Oct 2016	Other	81-4077095

Based in Dallas

The principal office where Lunia Capital LP performs its advisory services is located at 100 Crescent Ct.,, Dallas, TX 75201, 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 214-489-7130. The normal business hours are 8:00-6:00 p.m. on Monday - Friday.