Avenue Asia Capital Management, L.P. is a large advisory firm based in New York City. It manages $521.78 million of regulatory assets for 3 client accounts. It has been registered with the SEC as an adviser since 2006 and has operated in the jurisdiction of New York.
Avenue Asia 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.
The assets under management (AUM) of Avenue Asia Capital Management, L.P. is $521.78 million, all of which is managed in discretionary accounts. The firm's AUM has gone down by -79% since the beginning of its operation, and $521.78 million of the total AUM is attributable to clients outside of the United States.
The advisory firm has several streams of revenue. Clients pay Avenue Asia Capital Management, L.P. 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 Avenue Asia Capital Management is pooled investment vehicles with 3 clients and $521.78 million of assets under management. Among the 8 most similar advisory firms, Avenue Asia Capital Management has the highest percentage of pooled investment vehicles out of all clients.
The amount of regulatory assets under management is $521.78 million for 3 clients. 33% of the firm’s clients are foreign persons or businesses.
Avenue Asia Capital Management also advises several private funds. Namely, one hedge fund and one other private fund. The minimum investment commitment required of non-related persons ranges from $0 to $10,000,000.
The company employs 170 people that are either part- or full-time employees. 6 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.
There’s a single person 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.
The principal office where Avenue Asia Capital Management, L.P. performs its advisory services is located at 399 Park Avenue, New York City, NY 10022, 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 212-878-3500 or by fax 212-486-1843. The normal business hours are 8:30 a.m. - 6:00 p.m. on Monday - Friday. You can find more information about the New York firm at avenuecapital.com.