Pathlight Capital LP is a mid-sized advisory firm based in Hingham. It manages $147.74 million of regulatory assets for 5 client accounts. It has been registered with the SEC as an adviser since 2018 and has operated in the jurisdiction of Massachusetts.
Pathlight Capital 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.
The assets under management (AUM) of Pathlight Capital LP is $147.74 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 67% 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 Pathlight Capital 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.
The only and largest group of clients of Pathlight Capital is pooled investment vehicles with 2 clients and $115.25 million of assets under management. Among the 11 most similar advisory firms, Pathlight Capital has the 2nd highest percentage of pooled investment vehicles out of all clients.
The amount of regulatory assets under management is $115.25 million for 2 clients. None of the firm’s clients are foreign persons or businesses.
Pathlight Capital also advises several private funds. Namely, one private equity fund and one securitized asset fund.
The company employs 9 people that are either part- or full-time employees. 89 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.
Peter Nawrocki joined the executive team most recently as the Chief Financial Officer/Chief Compliance Officer.
The principal office where Pathlight Capital LP performs its advisory services is located at 18 Shipyard Drive, Hingham, MA 02043, 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 617-830-7055. The normal business hours are 9:00 - 5:00 on Monday - Friday. You can find more information about the New York firm at pathlightcapital.com.