Balbec Capital Management LP is a large advisory firm based in Scottsdale. It manages $1.36 billion of regulatory assets for 7 client accounts. It has been registered with the SEC as an adviser since 2017 and has operated in the jurisdiction of Arizona.
Balbec Capital Management 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 Balbec Capital Management LP is $1.36 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 116% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
The advisory firm has several streams of revenue. Clients pay Balbec Capital Management LP for their services and products based on a percentage of assets under management and performance-based fees. The adviser charges an additional fee when a set benchmark is outperformed. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.
The only and largest group of clients of Warren Jeffrey Spector is pooled investment vehicles with 7 clients and $1.36 billion of assets under management. Among the 11 most similar advisory firms, Balbec Capital Management has the 3rd highest percentage of pooled investment vehicles out of all clients.
The amount of regulatory assets under management is $1.36 billion for 7 clients. None of the firm’s clients are foreign persons or businesses.
Balbec Capital Management also advises several private funds. Namely, four private equity funds.
The company employs 48 people that are either part- or full-time employees. 92 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.
Warren Jeffrey Spector has been acting as President since 1 Sep 2016. Philip John Daniels has served as the Chief Investment Officer since 1 Sep 2016 and Charles Joseph Rusbasan is the Chief Executive Officer of Balbec Capital Management LP family office. L.P. Insolve Capital G.P. Parent (Operations) joined the executive team most recently as the Limited Partner Of Balbec Capital Management, Lp.
The principal office where Balbec Capital Management LP performs its advisory services is located at 7114 E Stetson Drive, Scottsdale, AZ 85251, which is also the mailing address of the firm. An additional office of the firm is in Alpharetta, GA. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 602-802-8300. The normal business hours are 9:00 a.m. - 6:00 p.m. on Monday - Friday. You can find more information about the New York firm at linkedin.com/company/insolve-capital-lp-an-affiliate-of-starwood-capital-group/.