Borealis Strategic Capital Partners, LP (Chicago)

Name: Borealis Strategic Capital Partners, LP
Address: 190 South Lasalle Street, Chicago, IL, 60603
Telephone: (312) 897-3474

Borealis Strategic Capital Partners, LP is a large advisory firm based in Chicago. It manages $175.83 million of regulatory assets for 5 client accounts. It has been registered with the SEC as an adviser since 2019 and has operated in the jurisdiction of Illinois.

Borealis Strategic 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.

Borealis Strategic Capital Partners: assets under management

The assets under management (AUM) of Borealis Strategic Capital Partners, LP is $175.83 million, all of which is managed in discretionary accounts. $141.56 million of the total AUM is attributable to clients outside of the United States.

The firm manages $175.83 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $35.17 million each.

Borealis Strategic Capital Partners has custody of $175.83 million in cash and securities for 5 clients in total but doesn’t act as a qualified custodian.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Borealis Strategic Capital Partners, 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.

What kind of clients Borealis Strategic Capital Partners serves?

The only and largest group of clients of Borealis Strategic Capital Partners is pooled investment vehicles with 5 clients and $175.83 million of assets under management. Among the 10 most similar advisory firms, Borealis Strategic Capital Partners has the highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $175.83 million for 5 clients. 80% of the firm’s clients are foreign persons or businesses.

Borealis Strategic Capital Partners also advises several private funds. Namely, two hedge funds. The minimum investment commitment required of non-related persons is $100,000 for each fund.

Careers at Borealis Strategic Capital Partners, LP

The company employs 5 people that are either part- or full-time employees. 100 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 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
Scott Charles Schweighauser	Managing partner	1 Apr 2017	75% - 100%	1618043
John N Pach	Coo, cfo, cco	1 Apr 2017	Other	5280402
Llc Bscp Gp	General partner	1 Apr 2017	Other	12-3123121

Indirect Owners

The SEC currently registers 1 indirect owner.

Name	Entity	Date acquired	Ownership	Employer ID
Scott Charles Schweighauser	Managing member	1 May 2017	75% - 100%	1618043

Based in Chicago

The principal office where Borealis Strategic Capital Partners, LP performs its advisory services is located at 190 South Lasalle Street, Chicago, IL 60603, 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 (312) 897-3474. The normal business hours are 9 am - 5 pm on Monday - Friday. You can find more information about the New York firm at borealisstratcap.com/ and its LinkedIn profile.