Levco Capital LP (New York)

Levco Capital LP is a large advisory firm based in New York. It manages $270.8 million of regulatory assets for 1 client accounts. It has been registered with the SEC as an adviser since 2019.

Levco 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.

Levco Capital: assets under management

The assets under management (AUM) of Levco Capital LP is $270.8 million, all of which is managed in discretionary accounts. The company doesn't manage any assets belonging to foreign clients.

The firm manages $270.8 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $270.8 million each.

Levco Capital has custody of $208.8 million in cash and securities for 1 client in total but doesn’t act as a qualified custodian.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Levco 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.

What kind of clients Levco Capital serves?

The only and largest group of clients of Levco Capital is pooled investment vehicles with 1 clients and $270.8 million of assets under management. Among the 13 most similar advisory firms, Levco Capital has the highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $270.8 million for 1 clients. None of the firm’s clients are foreign persons or businesses.

Levco Capital also advises several private funds. Namely, one private equity fund. The minimum investment commitment required of non-related persons is $250,000 for each fund.

Careers at Levco Capital LP

The company employs 5 people that are either part- or full-time employees. 60 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.

Based in New York

The principal office where Levco Capital LP performs its advisory services is located at 950 Third Ave, New York, NY 10022, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.