Asana Partners, LP is a large advisory firm based in Charlotte. It manages $2.53 billion of regulatory assets for 4 client accounts. It has been registered with the SEC as an adviser since 2016 and has operated in the jurisdictions of New York, North Carolina, and South Carolina.
Asana Partners 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.
The assets under management (AUM) of Asana Partners, LP is $2.53 billion. The firm's AUM has grown by 801% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
The advisory firm has several streams of revenue. Clients pay Asana Partners, 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.
The only and largest group of clients of Asana Partners is pooled investment vehicles with 4 clients and $2.53 billion of assets under management. Among the 11 most similar advisory firms, Asana Partners has the highest percentage of pooled investment vehicles out of all clients.
The amount of regulatory assets under management is $2.53 billion for 4 clients. None of the firm’s clients are foreign persons or businesses.
Asana Partners also advises several private funds. Namely, four real estate funds. The minimum investment commitment required of non-related persons ranges from $0 to $10,000,000.
The company employs 45 people that are either part- or full-time employees. 51 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.
Samuel Emlen Judd has served as the Chief Investment Officer since 1 Sep 2016. Micah John Holton joined the executive team most recently as the Chief Financial Officer.
The principal office where Asana Partners, LP performs its advisory services is located at 1616 Camden Road, Charlotte, NC 28203, which is also the mailing address of the firm. An additional office of the firm is in Columbia, SC. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 704-423-1660. The normal business hours are 8:30 a.m. - 5:00 p.m. on Monday - Friday. You can find more information about the New York firm at asanapartners.com.