Hcg Fund Management LP (Raleigh)

Hcg Fund Management LP is a large advisory firm based in Raleigh. It manages $553.97 million of regulatory assets for 3 client accounts. It has been registered with the SEC as an adviser since 2016 and has operated in the jurisdiction of North Carolina.

Hcg Fund 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.

Hcg Fund Management: assets under management

The assets under management (AUM) of Hcg Fund Management LP is $553.97 million. The firm's AUM has grown by 189% since the beginning of its operation, and $52.04 million of the total AUM is attributable to clients outside of the United States.

The firm manages $501.94 million in discretionary accounts and $52.04 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $250.97 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $52.04 million.

Hcg Fund Management has custody of $52.04 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 Hcg Fund 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 Hcg Fund Management serves?

The only and largest group of clients of Hcg Fund Management is pooled investment vehicles with 3 clients and $553.97 million of assets under management. Among the 9 most similar advisory firms, Hcg Fund Management has the highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $553.97 million for 3 clients. 67% of the firm’s clients are foreign persons or businesses.

Hcg Fund Management also advises several private funds. Namely, two other private funds. The minimum investment commitment required of non-related persons ranges from $250,000 to $1,000,000.

Careers at Hcg Fund Management LP

The company employs 9 people that are either part- or full-time employees. 33 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 4 indirect owners.

Based in Raleigh

The principal office where Hcg Fund Management LP performs its advisory services is located at 133 Fayetteville Street, Raleigh, NC 27601, 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 919-300-7702. The normal business hours are 8:30 am - 5:30 am on Monday - Friday. You can find more information about the New York firm at hcgfunds.com.

Registered investment advisers similar to Hcg Fund Management LP

• Baydush Simon Weaver
• Awm Investment Company
• Brentwood Private Equity Iv
• The Ithaka Group
• Tremont Partners
• Linsalata Capital Management
• Comprehensive Portfolio Management
• Blackhill Capital
• Schaefer Financial Management
• St. Clair Advisors
• Generation Capital Management
• Townsend & Associates
• Sofaer Capital
• Allianz Private Client Services
• Fletcher Asset Management