Semper Capital Management, L.P. is a large advisory firm based in New York. It manages $2.94 billion of regulatory assets for 13 client accounts. It has been registered with the SEC as an adviser since 2013 and has operated in the jurisdictions of Florida, New York, and Pennsylvania.
Semper Capital Management provides portfolio management for individuals and small businesses, portfolio management for investment companies, 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.
The assets under management (AUM) of Semper Capital Management, L.P. is $2.94 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 189% 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 Semper Capital Management, L.P. 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 firm provides services to investment companies, other investment advisers, high net worth individuals, pooled investment vehicles, corporations or other businesses, pension and profit sharing plans, and state or municipal government entities. The largest group of clients of Semper Capital Management is investment companies with 3 clients and $2.18 billion of assets under management. Among the 8 most similar advisory firms, Semper Capital Management has the 2nd highest percentage of investment companies out of all clients.
The amount of regulatory assets under management is $2.94 billion for 13 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. None of the firm’s clients are foreign persons or businesses.
Semper Capital Management also advises several private funds. Namely, one hedge fund. The minimum investment commitment required of non-related persons is $500,000 for each fund.
The company employs 22 people that are either part- or full-time employees. 27 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.
There’s a single person with the role of looking for and bringing in new clients on behalf of the firm. The firm compensates employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.
Jerald P. Menozzi has served as the Chief Investment Officer since 1 May 2010 and Gregory Allen Parsons is the Chief Executive Officer of Semper Capital Management, L.P. family office. Thomas Benjamin Mandel joined the executive team most recently as the Chief Investment Officer.
The principal office where Semper Capital Management, L.P. performs its advisory services is located at 52 Vanderbilt Avenue, New York, NY 10017 3851, 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 212-612-9000 or by fax 212-425-4199. The normal business hours are 9 a.m. to 5 p.m. on Monday - Friday. You can find more information about the New York firm at semperfunds.com.