Caspian Capital, LP is a large advisory firm based in New York. It manages $3.45 billion of regulatory assets for 11 client accounts. It has been registered with the SEC as an adviser since 2011 and has operated in the jurisdiction of New York.
Caspian Capital provides portfolio management for investment companies and 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.
Caspian Capital: assets under management
The assets under management (AUM) of Caspian Capital, LP is $3.45 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 34% since the beginning of its operation, and $2.53 billion of the total AUM is attributable to clients outside of the United States.
The firm manages $3.45 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $313.28 million each.
Investments
The firm invests in non-exchange traded securities the most. They account for 63% of the total AUM. The second-largest asset type is other assets, which make up 32% of the firm’s portfolio. Investments in non-investment grade corporate bonds form 5% of the total invested assets.Fees & Commissions
The advisory firm has several streams of revenue. Clients pay Caspian Capital, LP 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 Theodore Grey Perkins serves?
The firm provides services to investment companies, other investment advisers, and pooled investment vehicles. The largest group of clients of Theodore Grey Perkins is pooled investment vehicles with 9 clients and $3.15 billion of assets under management. Among the 11 most similar advisory firms, Caspian Capital has the 6th highest percentage of pooled investment vehicles out of all clients.
The amount of regulatory assets under management is $3.45 billion for 11 clients. 45% of the firm’s clients are foreign persons or businesses.
Caspian Capital also advises several private funds. Namely, eight hedge funds. The minimum investment commitment required of non-related persons ranges from $0 to $50,000,000.
Careers at Caspian Capital, LP
The company employs 22 people that are either part- or full-time employees. 41 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.
Theodore Grey Perkins has been acting as President since 1 Jul 2015. Llc Oam Capital joined the executive team most recently as the Majority Shareholder.
Direct owners and executive officers
Indirect Owners
The SEC currently registers 18 indirect owners.Based in New York
The principal office where Caspian Capital, LP performs its advisory services is located at 10 East 53 Rd Street, New York, NY 10022 5244, 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 212.826.6970 or by fax 212.826.6980. The normal business hours are 8:30am to 5:30pm on Monday - Friday. You can find more information about the New York firm at .
