Casco Capital Management, LP (Portland)

Casco Capital Management, LP is a large advisory firm based in Portland. It manages $118.56 million of regulatory assets for 1 client accounts. It has been registered with the SEC as an adviser since 2018 and has operated in the jurisdictions of Maine and New York.

Casco Capital Management provides financial planning services, portfolio management for pooled investment vehicles, selection of other advisers, and real estate investment management. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Casco Capital Management: assets under management

The assets under management (AUM) of Casco Capital Management, LP is $118.56 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 13% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $118.56 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $118.56 million each.

Investments

The firm invests in other assets the most. They account for 97% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 3% of the firm’s portfolio.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Casco Capital Management, 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.

Careers at Casco Capital Management, LP

The company employs 2 people that are either part- or full-time employees. 100 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
Denny Jay Jacobus	Managing partner & chief compliance officer	1 May 2018	50% - 75%	6946885
Edward Clark Copelin	Managing partner	1 May 2018	Other	6226639
Casco Gfo Partners 2018 Llc	Partner	1 May 2018	50% - 75%	82-5366184
Casco Fund Partners 2018 Llc	General partner	1 May 2018	50% - 75%	82-5365687

Indirect Owners

The SEC currently registers 3 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Llc Casco G 2 Investments	Member	1 May 2018	50% - 75%	46-1336037
Established Under The Glickman Family Trust U/A Dated August 27 1993 The Survivor's Trust	Member	1 May 2018	50% - 75%	xxx-xx-xxxx
Judith Glickman Lauder	Trustee	1 May 2018	75% - 100%	6946893

Based in Portland

The principal office where Casco Capital Management, LP performs its advisory services is located at 111 Commercial Street, Portland, ME 04101, which is also the mailing address of the firm. An additional office of the firm is in New York, NY. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 207-956-6036. The normal business hours are by appointment on Other.