Kps Capital Partners, LP (New York)


Kps Capital Partners, LP is a large advisory firm based in New York. It manages $5.13 billion of regulatory assets for 15 client accounts. It has been registered with the SEC as an adviser since 2012.

Kps Capital Partners 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.

Kps Capital Partners: assets under management

The assets under management (AUM) of Kps Capital Partners, LP is $5.13 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 84% since the beginning of its operation, and $4.62 billion of the total AUM is attributable to clients outside of the United States.

The firm manages $5.13 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $342.15 million each.
Kps Capital Partners has custody of $2.3 billion in cash and securities for 15 clients in total but doesn’t act as a qualified custodian.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Kps Capital Partners, LP for their services and products based on a percentage of assets under management, fixed fees, 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.

What kind of clients Kps Capital Partners serves?

The only and largest group of clients of Kps Capital Partners is pooled investment vehicles with 15 clients and $5.13 billion of assets under management. Among the 7 most similar advisory firms, Kps Capital Partners has the highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $5.13 billion for 15 clients. 53% of the firm’s clients are foreign persons or businesses.

Kps Capital Partners also advises several private funds. Namely, thirteen private equity funds. The minimum investment commitment required of non-related persons is $10,000,000 for each fund.

Careers at Kps Capital Partners, LP

The company employs 43 people that are either part- or full-time employees. 84 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
David Paul Shapiro Managing partner/limited partner 1 Dec 2006 25% - 50% 1991114
Michael George Psaros Managing partner/limited partner 1 Dec 2006 25% - 50% 2754608
Raquel Vargas Palmer Partner/limited partner 1 Dec 2006 25% - 50% 2755066
Stephen Edward Hoey Chief financial officer and administrative partner 1 Dec 2006 Other 5934147
Llc Kps Capital Partners General partner 1 Dec 2006 Other 42-1719940
Eugene Jacob Keilin Limited partner 1 Dec 2006 Other 871305
Jay Nmn Bernstein Partner/limited partner 1 Nov 2007 Other 5934139
Christopher Gail Anderson Chief compliance officer and counsel 1 Jan 2011 Other 5934148
Dyal Capital Partners Iii (A) Lp Limited partner 1 Nov 2016 Other 98-1229602
Bhumika Rajnikant Shah Chief financial officer 1 Feb 2017 Other 6759158
Raquel Vargas Palmer Managing partner/limited partner 1 Dec 2018 Other 2755066
Kyle Joseph Mumford Partner 1 Dec 2018 Other 4978397
Ryan Baker Partner 1 Dec 2018 Other 7087267

Indirect Owners

The SEC currently registers 5 indirect owners.

Name Entity Date acquired Ownership Employer ID
Nb Dyal Associates Iii Lp General partner 1 Feb 2015 Other 98-1229593
Dyal Iii Us Investors Lp Limited partner 1 Apr 2015 25% - 50% 47-3351137
Dyal U.S. Iii Llc Limited partner 1 Apr 2015 50% - 75% 47-3340524
Dyal Iii Offshore Investors Lp Member 1 Apr 2015 50% - 75% 98-1229599
Dyal Iii Pension Investors Lp Member 1 Apr 2015 25% - 50% 98-1229733

Based in New York

The principal office where Kps Capital Partners, LP performs its advisory services is located at 485 Lexington Ave., New York, NY 10017, 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 212-338-5100 or by fax 646-307-7100. The normal business hours are 9 am - 6 pm on Monday - Friday. You can find more information about the New York firm at kpsfund.com/ and its LinkedIn profile.