Southpoint Capital Advisors LP (New York)


Southpoint Capital Advisors LP is a large advisory firm based in New York. It manages $4.36 billion of regulatory assets for 2 client accounts. It has been registered with the SEC as an adviser since 2005 and has operated in the jurisdiction of New York.

Southpoint Capital Advisors 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.

Southpoint Capital Advisors: assets under management

The assets under management (AUM) of Southpoint Capital Advisors LP is $4.36 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 1194% since the beginning of its operation, and $261.86 million of the total AUM is attributable to clients outside of the United States.

The firm manages $4.36 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $2.18 billion each.
Southpoint Capital Advisors has custody of $4.36 billion in cash and securities for 2 clients in total but doesn’t act as a qualified custodian.

Fees & Commissions

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

The only and largest group of clients of Southpoint Capital Advisors is pooled investment vehicles with 2 clients and $4.36 billion of assets under management. Among the 9 most similar advisory firms, Southpoint Capital Advisors has the highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $4.36 billion for 2 clients. 50% of the firm’s clients are foreign persons or businesses.

Southpoint Capital Advisors 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 Southpoint Capital Advisors LP

The company employs 17 people that are either part- or full-time employees. 71 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
John Smith Clark Owner of southpoint capital advisors lp and southpoint gp, lp 1 Feb 2004 75% - 100% 5064674
Southpoint Capital Advisors Llc General partner of southpoint capital advisors lp 1 Mar 2004 Other 20-0975900
Llc Southpoint Gp General partner of southpoint gp, lp 1 Mar 2004 Other 20-1064783
Anthony Joseph Buffalano Chief financial officer and chief compliance officer of southpoint capital advisors lp and southpoint gp, lp 1 May 2005 Other 4948851
Adam P. Nemser Chief compliance officer 1 Oct 2005 Other 5064678
Anthony Joseph Buffalano Chief financial officer 1 Jul 2006 Other 4948851
Claire M. Tafelski Chief compliance officer 1 Apr 2013 Other 6184372
Stefanie Aimee Donath Chief compliance officer 1 Sep 2015 Other 5064918

Indirect Owners

The SEC currently registers 2 indirect owners.

Name Entity Date acquired Ownership Employer ID
John Smith Clark Owner and managing member 1 Mar 2004 75% - 100% 5064674
Robert Wendal Butts Managing member 1 Mar 2004 50% - 75% 2912520

Based in New York

The principal office where Southpoint Capital Advisors LP performs its advisory services is located at 1114 Avenue Of The Americas, New York, NY 10036, 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 212-692-6350 or by fax 212-692-6355. The normal business hours are 8am-6pm on Monday - Friday. You can find more information about the New York firm at southpointcapital.com.