Blockhouse Capital Management LP (New York)


Blockhouse Capital Management LP is a large advisory firm based in New York. It manages $541.73 million of regulatory assets for 3 client accounts. It has been registered with the SEC as an adviser since 2016.

Blockhouse 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.

Blockhouse Capital Management: assets under management

The assets under management (AUM) of Blockhouse Capital Management LP is $541.73 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 37% since the beginning of its operation, and $185.02 million of the total AUM is attributable to clients outside of the United States.

The firm manages $541.73 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $180.58 million each.
Blockhouse Capital Management has custody of $541.73 million in cash and securities for 3 clients in total but doesn’t act as a qualified custodian.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Blockhouse 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.

What kind of clients Blockhouse Capital Management serves?

The only and largest group of clients of Blockhouse Capital Management is pooled investment vehicles with 3 clients and $541.73 million of assets under management. Among the 11 most similar advisory firms, Blockhouse Capital Management has the 2nd highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $541.73 million for 3 clients. 67% of the firm’s clients are foreign persons or businesses.

Blockhouse Capital Management also advises several private funds. Namely, one hedge fund. The minimum investment commitment required of non-related persons is $5,000,000 for each fund.

Careers at Blockhouse Capital Management LP

The company employs 11 people that are either part- or full-time employees. 64 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
Adam Fishman Zimbler Managing member 1 Apr 2016 Other 5004841
Eric Tien Hsing Lee Managing member 1 Apr 2016 25% - 50% 3134779
John Robert Franke Managing member 1 Apr 2016 25% - 50% 6026138
Blockhouse Capital Management (Gp) Llc General partner 1 May 2016 Other 81-1711162
Duane Patrick Lee Chief operating officer/ chief compliance officer 1 Aug 2016 Other 2510216
Chi Keung Chan Chief financial officer 1 Aug 2016 Other 6558661

Based in New York

The principal office where Blockhouse Capital Management LP performs its advisory services is located at 140 East 45 Th Street, New York, NY 10017, 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 212 218 3975. The normal business hours are 9am - 5.30pm on Monday - Friday.