Further Global Capital Management, L.P. (New York)

Name: Further Global Capital Management, L.P.
Address: 445 Park Avenue, New York, NY, 10022
Telephone: 646-661-1888

Further Global Capital Management, L.P. is a large advisory firm based in New York. It manages $467.54 million of regulatory assets for 2 client accounts. It has been registered with the SEC as an adviser since 2017 and has operated in the jurisdiction of New York.

Further Global 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.

Further Global Capital Management: assets under management

The assets under management (AUM) of Further Global Capital Management, L.P. is $467.54 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 22% since the beginning of its operation, and $467.54 million of the total AUM is attributable to clients outside of the United States.

The firm manages $467.54 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $233.77 million each.

Further Global Capital Management has custody of $467.54 million in cash and securities for 2 clients in total but doesn’t act as a qualified custodian.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Further Global Capital Management, L.P. 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.

What kind of clients Further Global Capital Management serves?

The only and largest group of clients of Further Global Capital Management is pooled investment vehicles with 2 clients and $467.54 million of assets under management. Among the 9 most similar advisory firms, Further Global Capital Management has the highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $467.54 million for 2 clients. 100% of the firm’s clients are foreign persons or businesses.

Further Global Capital Management also advises several private funds. Namely, two private equity funds. The minimum investment commitment required of non-related persons is $10,000,000 for each fund.

Careers at Further Global Capital Management, L.P.

The company employs 11 people that are either part- or full-time employees. 82 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 Further Global Capital Management Gp	General partner	1 Sep 2016	75% - 100%	81-4019320
Paul Joseph Rossi	Chief compliance officer and chief financial officer	1 Sep 2016	Other	5864445

Indirect Owners

The SEC currently registers 1 indirect owner.

Name	Entity	Date acquired	Ownership	Employer ID
Pierre Olivier Sarkozy	Managing member	1 Sep 2016	75% - 100%	2106068

Based in New York

The principal office where Further Global Capital Management, L.P. performs its advisory services is located at 445 Park Avenue, New York, NY 10022, 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 646-661-1888 or by fax 866-594-9031. The normal business hours are 9:00 am - 5:00 pm est on Monday - Friday. You can find more information about the New York firm at furtherglobal.com/.