Montrock48 Capital LP (New York)

Name: Montrock48 Capital LP
Address: 589 Fifth Avenue, New York, NY, 10017
Telephone: 212-899-9860

Montrock48 Capital LP is a large advisory firm based in New York. It manages $103.47 million of regulatory assets for 4 client accounts. It has been registered with the SEC as an adviser since 2016.

Montrock48 Capital provides portfolio management for individuals and small businesses and 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.

Montrock48 Capital: assets under management

The assets under management (AUM) of Montrock48 Capital LP is $103.47 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 344% since the beginning of its operation, and $88.14 million of the total AUM is attributable to clients outside of the United States.

The firm manages $103.47 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $25.87 million each.

Investments

The firm invests in cash and cash equivalents the most. They account for 96% of the total AUM. The second-largest asset type is derivatives, which make up 4% of the firm’s portfolio.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Montrock48 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 Louis Steven Jaffe serves?

The only and largest group of clients of Louis Steven Jaffe is pooled investment vehicles with 3 clients and $55.62 million of assets under management. Among the 7 most similar advisory firms, Montrock48 Capital has the 2nd highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $55.62 million for 3 clients. 75% of the firm’s clients are foreign persons or businesses.

Montrock48 Capital also advises several private funds. Namely, one hedge fund. The minimum investment commitment required of non-related persons is $2,000,000 for each fund.

Careers at Montrock48 Capital LP

The company employs 9 people that are either part- or full-time employees. 44 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.

Louis Steven Jaffe has been acting as President since 1 Oct 2015. Timothy Tienshu Shan joined the executive team most recently as the Coo/Cco.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Richard John Herman	Ceo/cio/member	1 Oct 2015	50% - 75%	2383429
Louis Steven Jaffe	President/member	1 Oct 2015	25% - 50%	2310182
Montrock48 Capital (Gp) Llc	General partner	1 Oct 2015	Other	47-5407775
Timothy Tienshu Shan	Coo/cco	1 Jan 2016	Other	2578957

Based in New York

The principal office where Montrock48 Capital LP performs its advisory services is located at 589 Fifth Avenue, New York, NY 10017, 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 212-899-9860. The normal business hours are 9am to 5pm on Monday - Friday. You can find more information about the New York firm at montrock48.com and its LinkedIn profile.