Lasair Capital LLC (New York)


Lasair Capital LLC is a large advisory firm based in New York. It manages $212 million of regulatory assets for 3 client accounts. It has been registered with the SEC as an adviser since 2008.

Lasair Capital provides portfolio management for pooled investment vehicles, portfolio management for businesses and institutional clients, and selection of other advisers. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Lasair Capital: assets under management

The assets under management (AUM) of Lasair Capital LLC is $212 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 39% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.


The firm manages $212 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $70.67 million each.
Lasair Capital has custody of $212 million in cash and securities for 3 clients in total but doesn’t act as a qualified custodian.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Lasair Capital LLC for their services and products based on a percentage of assets under management. 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.

Indirect Owners

The SEC currently registers 2 indirect owners.

Name Entity Date acquired Ownership Employer ID
Mccabe Class B Member Llc Class b member 1 Oct 2007 50% - 75% none
General Electric Pension Trust Shareholder 1 Mar 2010 25% - 50% 1010

Based in New York

The principal office where Lasair Capital LLC performs its advisory services is located at 400 Madison Ave, 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 212-883-6650 or by fax 212-883-6651. The normal business hours are 8:00 am - 6:00 pm on Monday - Friday.