Column Park Asset Management, LP (New York)


Column Park Asset Management, LP is a large advisory firm based in New York. It manages $1.75 billion of regulatory assets for 5 client accounts. It has been registered with the SEC as an adviser since 2014.

Column Park Asset Management 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.

Column Park Asset Management: assets under management

The assets under management (AUM) of Column Park Asset Management, LP is $1.75 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 6325% since the beginning of its operation, and $1.6 billion of the total AUM is attributable to clients outside of the United States.

The firm manages $1.75 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $350.15 million each.
Column Park Asset Management has custody of $1.54 billion in cash and securities for 3 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in other assets the most. They account for 51% of the total AUM. The second-largest asset type is non-investment grade corporate bonds, which make up 27% of the firm’s portfolio. Investments in investment grade corporate bonds form 13% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Column Park Asset Management, 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 Column Park Asset Management serves?

The firm provides services to pooled investment vehicles and pension and profit sharing plans. The largest group of clients of Column Park Asset Management is pooled investment vehicles with 3 clients and $1.54 billion of assets under management. Among the 13 most similar advisory firms, Column Park Asset Management has the 7th highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $1.72 billion for 4 clients. 80% of the firm’s clients are foreign persons or businesses.

Column Park Asset Management also advises several private funds. Namely, one hedge fund. The minimum investment commitment required of non-related persons is $5,000,000 for each fund.

Careers at Column Park Asset Management, LP

The company employs 20 people that are either part- or full-time employees. 55 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
Brian Michael Nold Cio, partner 1 Jan 2014 Other 4194684
Llc Column Park Gp General partner 1 Jan 2014 Other 90-1022658
Daniel Adam Shatz Partner 1 Apr 2014 Other 4589063
Sandra Renee Satz Chief compliance officer 1 May 2014 Other 1592015
Sandy Satz Chief compliance officer 1 May 2014 Other 1592015
Second Nold Family 2018 Trust Trust 1 Oct 2018 Other 83-6456562
Second Brenner Family 2018 Trust Trust 1 Oct 2018 Other 83-6456515
Second Shatz Family 2018 Trust Trust 1 Oct 2018 Other 83-6431391
Todd Kenneth Warren Chief compliance officer 1 Mar 2019 Other 5084058

Indirect Owners

The SEC currently registers 6 indirect owners.

Name Entity Date acquired Ownership Employer ID
Andrew Alfred Brenner Member 1 Jan 2014 25% - 50% 2911293
Edward C Yu Member 1 Jan 2014 25% - 50% 2514890
Brian Michael Nold Trustee 1 Oct 2018 Other 4194684
Andrew Alfred Brenner Trustee 1 Oct 2018 Other 2911293
Premier Trust Of Nevada Inc Administrative trustee 1 Oct 2018 Other 88-0501761
Darren Abrahamson Trustee 1 Oct 2018 Other xxx-xx-xxxx

Based in New York

The principal office where Column Park Asset Management, LP performs its advisory services is located at 3 Columbus Circle, 17 Th Floor, New York, NY 10019, 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 646-650-5110 or by fax 646-650-5120. The normal business hours are 8a-5p on Monday - Friday. You can find more information about the New York firm at columnpark.com.