Sky Island Capital LP (Dallas)

Name: Sky Island Capital LP
Address: 2301 Cedar Springs Rd, Dallas, TX, 75201
Telephone: 469-399-7225

Sky Island Capital LP is a large advisory firm based in Dallas. It manages $124.29 million of regulatory assets for 2 client accounts. It has been registered with the SEC as an adviser since 2019 and has operated in the jurisdiction of Texas.

Sky Island Capital 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.

Sky Island Capital: assets under management

The assets under management (AUM) of Sky Island Capital LP is $124.29 million, all of which is managed in discretionary accounts. The company doesn't manage any assets belonging to foreign clients.

The firm manages $124.29 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $62.14 million each.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Sky Island Capital LP for their services and products based on a percentage of assets under management, fixed fees, 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 Sky Island Capital serves?

The only and largest group of clients of Sky Island Capital is pooled investment vehicles with 2 clients and $124.29 million of assets under management. Among the 8 most similar advisory firms, Sky Island Capital has the 2nd highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $124.29 million for 2 clients. None of the firm’s clients are foreign persons or businesses.

Sky Island Capital also advises several private funds. Namely, two private equity funds. The minimum investment commitment required of non-related persons ranges from $25,000 to $50,000.

Careers at Sky Island Capital LP

The company employs 7 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
Jack Francis Waterstreet	Managing partner / limited partner / chief compliance officer	1 Sep 2018	25% - 50%	5087674
Patrick Jon Murley	Partner / limited partner	1 Sep 2018	25% - 50%	7174145
William Fisher Dobbs Iii	Partner / limited partner	1 Sep 2018	25% - 50%	7174146

Based in Dallas

The principal office where Sky Island Capital LP performs its advisory services is located at 2301 Cedar Springs Rd, Dallas, TX 75201, 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 469-399-7225. The normal business hours are 9 am - 5pm on Monday - Friday. You can find more information about the New York firm at skyislandcap.com.