Dft Energy LP (Locust Valley)

Dft Energy LP is a large advisory firm based in Locust Valley. It manages $104.3 million of regulatory assets for 1 client accounts. It has been registered with the SEC as an adviser since 2016.

Dft Energy 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.

Dft Energy: assets under management

The assets under management (AUM) of Dft Energy LP is $104.3 million, all of which is managed in discretionary accounts. The firm's AUM has gone down by -35% since the beginning of its operation, and $104.3 million of the total AUM is attributable to clients outside of the United States.

The firm manages $104.3 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $104.3 million each.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Dft Energy 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 Dft Energy serves?

The only and largest group of clients of Dft Energy is pooled investment vehicles with 1 clients and $104.3 million of assets under management. Among the 9 most similar advisory firms, Dft Energy has the highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $104.3 million for 1 clients. 100% of the firm’s clients are foreign persons or businesses.

Dft Energy also advises several private funds. Namely, one hedge fund. The minimum investment commitment required of non-related persons is $250,000 for each fund.

Careers at Dft Energy LP

The company employs 5 people that are either part- or full-time employees. 80 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
Donald Fleming Textor	Portfolio manager	1 Jun 2016	Other	2106990
Alessandra Zortea	Managing director	1 Jun 2016	Other	2479726
Jordan Robert Alliger	Managing director / chief compliance officer	1 Jun 2016	Other	2006180
Dft Energy Llc	General partner	1 Jun 2016	75% - 100%	47-1944991
Donald F Textor	Portfolio manager	1 Jun 2016	75% - 100%	2106990

Based in Locust Valley

The principal office where Dft Energy LP performs its advisory services is located at 381 Lattingtown Road, Locust Valley, NY 11560, 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 516-759-0636. The normal business hours are 8am - 5pm on Monday - Friday.