Hitchwood Capital Management LP (New York)
Hitchwood Capital Management LP is a large advisory firm based in New York. It manages $3.2 billion of regulatory assets for 1 client accounts. It has been registered with the SEC as an adviser since 2014.
Hitchwood Capital Management 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.
Hitchwood Capital Management: assets under management
The assets under management (AUM) of Hitchwood Capital Management LP is $3.2 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 386% since the beginning of its operation, and $3.2 billion of the total AUM is attributable to clients outside of the United States.
Fees & Commissions
The advisory firm has several streams of revenue. Clients pay Hitchwood Capital Management 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 Hitchwood Capital Management serves?
The only and largest group of clients of Hitchwood Capital Management is pooled investment vehicles with 1 clients and $3.2 billion of assets under management. Among the 10 most similar advisory firms, Hitchwood Capital Management has the 5th highest percentage of pooled investment vehicles out of all clients.
The amount of regulatory assets under management is $3.2 billion for 1 clients. 100% of the firm’s clients are foreign persons or businesses.
Hitchwood Capital Management also advises several private funds. Namely, one hedge fund. The minimum investment commitment required of non-related persons is $1,000,000 for each fund.
Careers at Hitchwood Capital Management LP
The company employs 26 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
Indirect Owners
The SEC currently registers 1 indirect owner.Based in New York
The principal office where Hitchwood Capital Management LP performs its advisory services is located at 640 Fifth Avenue, 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 212-373-1200 or by fax 646-607-1800. The normal business hours are 8 am - 5 pm on Monday - Friday. You can find more information about the New York firm at hitchwoodcap.com.
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