Kingstown Capital Management L.P. (New York)

Name: Kingstown Capital Management L.P.
Address: 34 E 51 St Street, New York, NY, 10022
Telephone: 212-319-1309

Kingstown Capital Management L.P. is a large advisory firm based in New York. It manages $1.32 billion of regulatory assets for 6 client accounts. It has been registered with the SEC as an adviser since 2008 and has operated in the jurisdiction of New York.

Kingstown 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.

Kingstown Capital Management: assets under management

The assets under management (AUM) of Kingstown Capital Management L.P. is $1.32 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 5898% since the beginning of its operation, and $16.57 million of the total AUM is attributable to clients outside of the United States.

The firm manages $1.32 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $219.91 million each.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Kingstown Capital Management L.P. 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 Kingstown Capital Management serves?

The only and largest group of clients of Kingstown Capital Management is pooled investment vehicles with 6 clients and $1.32 billion of assets under management. Among the 10 most similar advisory firms, Kingstown Capital Management has the 3rd highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $1.32 billion for 6 clients. 33% of the firm’s clients are foreign persons or businesses.

Kingstown Capital Management also advises several private funds. Namely, four hedge funds. The minimum investment commitment required of non-related persons is $1,000,000 for each fund.

Careers at Kingstown Capital Management L.P.

The company employs 6 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
Llc Gotham Advisers	Limited partner	1 Apr 2006	Other	30-0107844
Llc Kingstown Management Gp	General partner	1 Apr 2006	Other	74-3125319
Guy Scott Shanon	Managing partner	1 Jan 2008	25% - 50%	3071581
Guy S Shanon	Managing partner	1 Jan 2008	25% - 50%	3071581
Llc Khronos	Limited partner	1 Feb 2008	Other	13-4201188
Aditi Davare Deeg	Chief financial officer	1 Apr 2010	Other	4279152
Matthew Stephen Hardin	Chief compliance officer	1 Jul 2010	Other	2366634
Mark Carey Rosenthal	Chief financial officer	1 Nov 2010	Other	4693822
David Lee Rishel	Chief compliance officer	1 Mar 2014	Other	2904952
Patrick Tobin Levens	Chief financial officer	1 Jul 2016	Other	6578210
American Endowment Foundation Fbo Julie & Michael Blitzer Family Foundation	Corporation	1 Dec 2017	Other	34-1747398

Indirect Owners

The SEC currently registers 7 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Robert Lawrence Goldstein	Managing member	1 Jul 2002	25% - 50%	1701590
Joel Michael Greenblatt	Managing member	1 Jul 2002	25% - 50%	1335618
Rafael Mayer	Managing member	1 Dec 2002	75% - 100%	4429522
Llc Zen	Managing member	1 Jan 2006	75% - 100%	20-4996017
Michael Aaron Blitzer	Managing member	1 Apr 2006	50% - 75%	4024444
Guy Scott Shanon	Managing member	1 Feb 2008	50% - 75%	3071581
Guy S Shanon	Managing member	1 Feb 2008	50% - 75%	3071581

Based in New York

The principal office where Kingstown Capital Management L.P. performs its advisory services is located at 34 E 51 St 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 212-319-1309 or by fax 646-895-7633. The normal business hours are 9 am to 5 pm on Monday - Friday. You can find more information about the New York firm at kingstowncapital.com.