Napier Park Global Capital (Us)LP (New York)

Name: Napier Park Global Capital (Us)LP
Address: 280 Park Avenue, New York, NY, 10017
Telephone: 212-235-0717

Napier Park Global Capital (Us)LP is a large advisory firm based in New York. It manages $9.01 billion of regulatory assets for 51 client accounts. It has been registered with the SEC as an adviser since 2014 and has operated in the jurisdictions of Connecticut and New York.

Napier Park Global Capital (Us) provides portfolio management for pooled investment vehicles and portfolio management for businesses and institutional clients. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Napier Park Global Capital (Us): assets under management

The assets under management (AUM) of Napier Park Global Capital (Us)LP is $9.01 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 78% since the beginning of its operation, and $6.45 billion of the total AUM is attributable to clients outside of the United States.

The firm manages $9.01 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $176.59 million each.

Napier Park Global Capital (Us) has custody of $2.75 million in cash and securities for 3 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in investment and business development companies the most. They account for 58% of the total AUM. The second-largest asset type is exchange traded securities, which make up 17% of the firm’s portfolio. Investments in other assets form 12% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Napier Park Global Capital (Us)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 Napier Park Global Capital (Us) serves?

The only and largest group of clients of Napier Park Global Capital (Us) is pooled investment vehicles with 42 clients and $6.32 billion of assets under management. Among the 8 most similar advisory firms, Napier Park Global Capital (Us) has the 4th highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $6.32 billion for 42 clients. 50% of the firm’s clients are foreign persons or businesses.

Napier Park Global Capital (Us) also advises several private funds. Namely, ten hedge funds, eleven private equity funds, and six securitized asset funds. The minimum investment commitment required of non-related persons ranges from $0 to $10,000,000.

Careers at Napier Park Global Capital (Us)LP

The company employs 78 people that are either part- or full-time employees. 38 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
Napier Park Global Capital Lp	Owner	1 Sep 2012	75% - 100%	80-0857707
Jonathan Louis Dorfman	Co-chief executive officer	1 Sep 2012	Other	4025919
James Michael Obrien	Co-chief executive officer	1 Sep 2012	Other	1257015
Michael Robert Williams	Chief operating officer	1 Sep 2012	Other	5699831
Sonia Plata	Chief compliance officer	1 Mar 2013	Other	6170165
Jeffrey Lloyd Traum	General counsel	1 Mar 2015	Other	1533364

Indirect Owners

The SEC currently registers 3 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Napier Parkglobal Capital Smp Llc	General partner	1 Mar 2013	25% - 50%	46-2209347
Napier Park Global Capital (Us) Gp Llc	General partner	1 Apr 2014	Other	80-0857707
Napier Park Global Capital Lp	Sole member	1 Apr 2014	75% - 100%	80-0857707

Based in New York

The principal office where Napier Park Global Capital (Us)LP performs its advisory services is located at 280 Park Avenue, New York, NY 10017, which is also the mailing address of the firm. An additional office of the firm is in Darien, CT. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 212-235-0717 or by fax 212-235-0930. The normal business hours are 8:00 am to 5:00pm on Monday - Friday. You can find more information about the New York firm at napierparkglobal.com.