Northstar Capital Funds, LLC (New York)

Name: Northstar Capital Funds, LLC
Address: 845 Third Avenue, New York, NY, 10022
Telephone: 212-527-8340

Northstar Capital Funds, LLC is a mid-sized advisory firm based in New York. It manages $49.93 million of regulatory assets for 1 client accounts. It has been registered with the SEC as an adviser since 2005.

Northstar Capital Funds 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.

Northstar Capital Funds: assets under management

The assets under management (AUM) of Northstar Capital Funds, LLC is $49.93 million, all of which is managed in discretionary accounts. The firm's AUM has gone down by -46% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $49.93 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $49.93 million each.

Northstar Capital Funds has custody of $49.93 million in cash and securities for 1 client in total but doesn’t act as a qualified custodian.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Northstar Capital Funds, LLC for their services and products based on a percentage of assets under management and performance-based fees. The adviser charges an additional fee when a set benchmark is outperformed. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Northstar Capital Funds serves?

The only and largest group of clients of Northstar Capital Funds is pooled investment vehicles with 1 clients and $49.93 million of assets under management. Among the 4 most similar advisory firms, Northstar Capital Funds has the highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $49.93 million for 1 clients. None of the firm’s clients are foreign persons or businesses.

Northstar Capital Funds 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 Northstar Capital Funds, LLC

The company employs 4 people that are either part- or full-time employees. 75 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.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Lawrence Scott Freitag	Member	1 Jan 2004	50% - 75%	1792923
Lee A Peretzman	Cfo, chief compliance officer	1 Feb 2004	Other	5072226
Michael Philip Zucker	Managing member	1 Aug 2005	50% - 75%	1272748
Lawrence Scott Freitag	Managing member	1 Mar 2006	50% - 75%	1792923

Based in New York

The principal office where Northstar Capital Funds, LLC performs its advisory services is located at 845 Third Avenue, New York, 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 212-527-8340 or by fax 212-527-8301. The normal business hours are 8 am - 6 pm on Monday - Friday. You can find more information about the New York firm at northstarcapitalfunds.com.