Longhorn Capital Partners, L.P. (Dallas)

Longhorn Capital Partners, L.P. is a large advisory firm based in Dallas. It manages $173.1 million of regulatory assets for 7 client accounts. It has been registered with the SEC as an adviser since 2006 and has operated in the jurisdiction of Texas.

Longhorn Capital Partners provides portfolio management for investment companies and 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.

Longhorn Capital Partners: assets under management

The assets under management (AUM) of Longhorn Capital Partners, L.P. is $173.1 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 455% since the beginning of its operation, and $46.45 million of the total AUM is attributable to clients outside of the United States.

The firm manages $173.1 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $24.73 million each.

Longhorn Capital Partners has custody of $46.45 million in cash and securities for 4 clients in total but doesn’t act as a qualified custodian.

Fees & Commissions

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

What kind of clients Longhorn Capital Partners serves?

The firm provides services to investment companies and pooled investment vehicles. The largest group of clients of Longhorn Capital Partners is investment companies with 2 clients and $110.95 million of assets under management. Among the 9 most similar advisory firms, Longhorn Capital Partners has the 2nd highest percentage of investment companies out of all clients.

The amount of regulatory assets under management is $173.1 million for 7 clients. 29% of the firm’s clients are foreign persons or businesses.

Longhorn Capital Partners also advises several private funds. Namely, two hedge funds. The minimum investment commitment required of non-related persons is $1,000,000 for each fund.

Careers at Longhorn Capital Partners, L.P.

The company employs 4 people that are either part- or full-time employees. 50 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
Llc Longhorn Management	General partner	1 Feb 2006	Other	20-4310171
Philip Miller Eckian	Limited partner	1 Feb 2006	Other	2800067
Philip Miller Eckian	Limited partner	1 Mar 2006	Other	2800067
Sandra D Howell	Chief financial officer	1 Mar 2006	Other	4921137
Britton Len Brown	Limited partner; chief financial officer; chief compliance officer	1 Apr 2009	Other	5670482

Indirect Owners

The SEC currently registers 1 indirect owner.

Name	Entity	Date acquired	Ownership	Employer ID
Kristopher Noel Kristynik	Managing member	1 Feb 2006	75% - 100%	2781354

Based in Dallas

The principal office where Longhorn Capital Partners, L.P. performs its advisory services is located at 3811 Turtle Creek Blvd, Dallas, TX 75219, 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 214-452-6260 or by fax 214-594-5711. The normal business hours are 8am-5pm on Monday - Friday.