Kcl Capital, L.P. (New York)

Name: Kcl Capital, L.P.
Address: 600 Lexington Avenue, New York, NY, 10022
Telephone: 212-901-3400

Kcl Capital, L.P. is a large advisory firm based in New York. It manages $476.39 million of regulatory assets for 5 client accounts. It has been registered with the SEC as an adviser since 2017.

Kcl 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.

Kcl Capital: assets under management

The assets under management (AUM) of Kcl Capital, L.P. is $476.39 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 363% since the beginning of its operation, and $97.3 million of the total AUM is attributable to clients outside of the United States.

The firm manages $476.39 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $95.28 million each.

Kcl Capital has custody of $338.86 million in cash and securities for 3 clients in total but doesn’t act as a qualified custodian.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Kcl Capital, L.P. 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.

What kind of clients Kcl Capital serves?

The only and largest group of clients of Kcl Capital is pooled investment vehicles with 5 clients and $476.39 million of assets under management. Among the 8 most similar advisory firms, Kcl Capital has the highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $476.39 million for 5 clients. 34% of the firm’s clients are foreign persons or businesses.

Kcl 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 Kcl Capital, L.P.

The company employs 11 people that are either part- or full-time employees. 55 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 receive compensation from other entities for client referrals.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Kevin John Cottrell	Limited partner	1 Apr 2017	25% - 50%	6862936
Llc Kcl Partners	General partner	1 Apr 2017	Other	82-1369678
Christopher Lasusa	Limited partner	1 Apr 2017	25% - 50%	4396236
Jonathan Eric Pahl Schlafman	Chief operating officer	1 Jul 2017	Other	4141055
Charles Murphy	Chief compliance officer and chief financial officer	1 Sep 2017	Other	5042315

Based in New York

The principal office where Kcl Capital, L.P. performs its advisory services is located at 600 Lexington Avenue, New York, NY 10022, 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 212-901-3400. The normal business hours are 9am-5pm on Monday - Friday. You can find more information about the New York firm at kclcapital.com/.