Kirkoswald Asset Management LLC (New York)


Kirkoswald Asset Management LLC is a large advisory firm based in New York. It manages $1.84 billion of regulatory assets for 4 client accounts. It has been registered with the SEC as an adviser since 2018.

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

Kirkoswald Asset Management: assets under management

The assets under management (AUM) of Kirkoswald Asset Management LLC is $1.84 billion, all of which is managed in discretionary accounts. $1.14 billion of the total AUM is attributable to clients outside of the United States.

The firm manages $1.84 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $459.36 million each.

Investments

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

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Kirkoswald Asset Management 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 Kirkoswald Asset Management serves?

The only and largest group of clients of Kirkoswald Asset Management is pooled investment vehicles with 3 clients and $1.79 billion of assets under management. Among the 10 most similar advisory firms, Kirkoswald Asset Management has the 2nd highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $1.79 billion for 3 clients. 75% of the firm’s clients are foreign persons or businesses.

Kirkoswald 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 Kirkoswald Asset Management LLC

The company employs 9 people that are either part- or full-time employees. 44 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
Robert Price Chief operating officer, cco 1 Apr 2018 Other 6425570
Gregory John Coffey Sole member/cio 1 May 2018 75% - 100% 6017695

Based in New York

The principal office where Kirkoswald Asset Management LLC performs its advisory services is located at 520 Madison 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 1-322 207 4660. The normal business hours are 09:00 - 17:00 et on Monday - Friday. You can find more information about the New York firm at kirkoswald.com/.