Cowbird Capital LP (New York)

Cowbird Capital LP is a large advisory firm based in New York. It manages $193.65 million of regulatory assets for 2 client accounts. It has been registered with the SEC as an adviser since 2018.

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

Cowbird Capital: assets under management

The assets under management (AUM) of Cowbird Capital LP is $193.65 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 404% since the beginning of its operation, and $97.19 million of the total AUM is attributable to clients outside of the United States.

The firm manages $193.65 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $96.83 million each.

Cowbird Capital has custody of $97.19 million in cash and securities for 1 client in total but doesn’t act as a qualified custodian.

Investments

The firm invests in exchange traded securities the most. They account for 67% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 33% of the firm’s portfolio.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Cowbird 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 Cowbird Capital serves?

The only and largest group of clients of Cowbird Capital is pooled investment vehicles with 1 clients and $97.19 million of assets under management. Among the 11 most similar advisory firms, Cowbird Capital has the 4th highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $97.19 million for 1 clients. 50% of the firm’s clients are foreign persons or businesses.

Cowbird Capital also advises several private funds. Namely, three hedge funds. The minimum investment commitment required of non-related persons is $1,000,000 for each fund.

Careers at Cowbird Capital LP

The company employs 7 people that are either part- or full-time employees. 57 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.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Scott Michael Coulter	Portfolio manager	1 Apr 2017	50% - 75%	6885339
Frederick Marshall Bush	Director of research	1 Apr 2017	25% - 50%	6885346
Cowbird Capital Gp Llc	General partner	1 Jul 2017	Other	61-1832114
Gary George Tynes	Chief operating officer, chief financial officer, chief compliance officer	1 Jul 2017	Other	4925819
Gary G Tynes	Chief operating officer, chief financial officer, chief compliance officer	1 Jul 2017	Other	4925819

Based in New York

The principal office where Cowbird Capital LP performs its advisory services is located at One World Trade Center, New York, NY 10007, 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 212-350-8800. The normal business hours are 8:00am - 6:00pm on Monday - Friday.