Slate Path Capital LP is a large advisory firm based in New York. It manages $2.76 billion of regulatory assets for 7 client accounts. It has been registered with the SEC as an adviser since 2012.
Slate Path 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.
The assets under management (AUM) of Slate Path Capital LP is $2.76 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 55% since the beginning of its operation, and $1.26 billion of the total AUM is attributable to clients outside of the United States.
The advisory firm has several streams of revenue. Clients pay Slate Path 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.
The only and largest group of clients of Slate Path Capital is pooled investment vehicles with 7 clients and $2.76 billion of assets under management. Among the 10 most similar advisory firms, Slate Path Capital has the 2nd highest percentage of pooled investment vehicles out of all clients.
The amount of regulatory assets under management is $2.76 billion for 7 clients. 71% of the firm’s clients are foreign persons or businesses.
Slate Path Capital also advises several private funds. Namely, two hedge funds. The minimum investment commitment required of non-related persons ranges from $5,000,000 to $20,000,000.
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.
The principal office where Slate Path Capital LP performs its advisory services is located at 717 Fifth Avenue, New York, NY 10022 8126, which is also the mailing address of the firm. An additional office of the firm is in Austin, TX. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 212-257-4330. The normal business hours are 9 a.m. - 5 p.m. on Monday - Friday.