Merchants' Gate Asset Management LP (New York)

Merchants' Gate Asset Management LP is a large advisory firm based in New York. It manages $128.87 million of regulatory assets for 1 client accounts. It has been registered with the SEC as an adviser since 2015.

Merchants' Gate Asset 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.

Merchants' Gate Asset Management: assets under management

The assets under management (AUM) of Merchants' Gate Asset Management LP is $128.87 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 50% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $128.87 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $128.87 million each.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Merchants' Gate Asset Management LP for their services and products based on a percentage of assets under management. 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 Merchants' Gate Asset Management serves?

The only and largest group of clients of Merchants' Gate Asset Management is pooled investment vehicles with 1 clients and $128.87 million of assets under management. Among the 13 most similar advisory firms, Merchants' Gate Asset Management has the highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $128.87 million for 1 clients. None of the firm’s clients are foreign persons or businesses.

Merchants' Gate Asset Management 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 Merchants' Gate Asset Management LP

The company employs 3 people that are either part- or full-time employees. 67 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
Jason Gerald Capello	Managing partner, chief investment officer	1 Sep 2015	75% - 100%	2784286
Merchants' Gate Asset Management Gp Llc	Managing member	1 Sep 2015	Other	05-5863808
Michael Dennis Appleton	Chief compliance officer	1 Nov 2015	Other	1607165
Gila Lee Adato	Chief compliance officer	1 Jun 2016	Other	4395506

Indirect Owners

The SEC currently registers 1 indirect owner.

Name	Entity	Date acquired	Ownership	Employer ID
Jason Gerald Capello	Managing partner	1 Nov 2015	75% - 100%	2784286

Based in New York

The principal office where Merchants' Gate Asset Management LP performs its advisory services is located at 135 East 57 Th Street, 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 212-993-7040. The normal business hours are 8am-5pm on Monday - Friday.