Norcap Investment Management, L.P. (Dallas)

Name: Norcap Investment Management, L.P.
Address: Campbell Centre I, Dallas, TX, 75206
Telephone: 972-701-8813

Norcap Investment Management, L.P. is a large advisory firm based in Dallas. It manages $230.94 million of regulatory assets for 4 client accounts. It has been registered with the SEC as an adviser since 2007 and has operated in the jurisdiction of Texas.

Norcap Investment 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.

Norcap Investment Management: assets under management

The assets under management (AUM) of Norcap Investment Management, L.P. is $230.94 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 51% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $230.94 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $57.73 million each.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Norcap Investment Management, L.P. 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 Norcap Investment Management serves?

The only and largest group of clients of Norcap Investment Management is pooled investment vehicles with 4 clients and $230.94 million of assets under management. Among the 8 most similar advisory firms, Norcap Investment Management has the highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $230.94 million for 4 clients. None of the firm’s clients are foreign persons or businesses.

Norcap Investment Management also advises several private funds. Namely, three hedge funds. The minimum investment commitment required of non-related persons ranges from $500,000 to $1,000,000.

Careers at Norcap Investment Management, L.P.

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 are 3 people with the role of looking for and bringing in new clients on behalf of the firm. The firm compensates 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
Llc Norcap Advisors	General partner	1 Sep 2004	Other	20-1569486
David Russell Norcom	Limited partner	1 Sep 2004	25% - 50%	722740
Carl Y Baggett	Limited partner	1 Mar 2005	25% - 50%	4223703
Ronald Dale Dodson	Managing director with profits interest	1 Apr 2007	Other	2543279
Brenda Lander	Chief compliance officer	1 Jan 2014	Other	6291032
Mont Mira Lp	Limited partner	1 Aug 2018	50% - 75%	47-5021367

Indirect Owners

The SEC currently registers 5 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Carl Y Baggett	Manager and member	1 Sep 2004	25% - 50%	4223703
Ronald Dale Dodson	Manager and member	1 Oct 2008	25% - 50%	2543279
Ross Norcom	Limited partner	1 Aug 2015	25% - 50%	7015601
David Russell Norcom	General partner	1 Aug 2015	25% - 50%	722740
Sharee Norcom	Limited partner	1 Aug 2015	25% - 50%	7015618

Based in Dallas

The principal office where Norcap Investment Management, L.P. performs its advisory services is located at Campbell Centre I, Dallas, TX 75206, which is also the mailing address of the firm. An additional office of the firm is in College Station, TX. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 972-701-8813 or by fax 972-788-0131. The normal business hours are 8-5 on Monday - Friday. You can find more information about the New York firm at norcapfunds.com/.