Dorsal Capital Management, LLC is a large advisory firm based in Redwood City. It manages $3.45 billion of regulatory assets for 7 client accounts. It has been registered with the SEC as an adviser since 2012 and has operated in the jurisdiction of California.
Dorsal Capital 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.
The assets under management (AUM) of Dorsal Capital Management, LLC is $3.45 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 1519% since the beginning of its operation, and $2.45 billion of the total AUM is attributable to clients outside of the United States.
The advisory firm has several streams of revenue. Clients pay Dorsal Capital Management, LLC 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 Dorsal Capital Management is pooled investment vehicles with 7 clients and $3.45 billion of assets under management. Among the 11 most similar advisory firms, Dorsal Capital Management has the 3rd highest percentage of pooled investment vehicles out of all clients.
The amount of regulatory assets under management is $3.45 billion for 7 clients. 71% of the firm’s clients are foreign persons or businesses.
Dorsal Capital Management also advises several private funds. Namely, two hedge funds. The minimum investment commitment required of non-related persons is $1,000,000 for each fund.
The company employs 15 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.
Ryan David Frick has served as the Chief Investment Officer since 1 Mar 2009. Oliver Albert Evans joined the executive team most recently as the Managing Member.
The principal office where Dorsal Capital Management, LLC performs its advisory services is located at 203 Redwood Shores Parkway, Redwood City, CA 94065, 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 650-610-1400 or by fax 650-610-1405. The normal business hours are 6:00am to 3:00pm on Monday - Friday.