Prana Capital Management LP (Greenwich)


Prana Capital Management LP is a large advisory firm based in Greenwich. It manages $612.71 million of regulatory assets for 4 client accounts. It has been registered with the SEC as an adviser since 2017 and has operated in the jurisdiction of Connecticut.

Prana 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.

Prana Capital Management: assets under management

The assets under management (AUM) of Prana Capital Management LP is $612.71 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 58% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $612.71 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $153.18 million each.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Prana Capital Management LP for their services and products based on a percentage of assets under management, fixed fees, and performance-based fees. Flat-fee based compensation is the most transparent and the one you can safely predict in advance. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Prana Capital Management serves?

The only and largest group of clients of Prana Capital Management is pooled investment vehicles with 4 clients and $612.71 million of assets under management. Among the 9 most similar advisory firms, Prana Capital Management has the 3rd highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $612.71 million for 4 clients. 25% of the firm’s clients are foreign persons or businesses.

Prana 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 Prana Capital Management LP

The company employs 5 people that are either part- or full-time employees. 100 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
Peter B Seuss Chief compliance officer & portfolio manager 1 Feb 2017 Other 4801100
Prana Capital Management Gp Llc General partner 1 Feb 2017 75% - 100% 81-4119045
William David Shlosh Senior partner 1 Feb 2017 Other 4973344

Based in Greenwich

The principal office where Prana Capital Management LP performs its advisory services is located at 41 West Putnam Avenue, Greenwich, CT 06830, 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 203-487-5180. The normal business hours are 8:00am - 6:00pm on Monday - Friday.