Mount Kellett Capital Management LP (New York)

Mount Kellett Capital Management provides portfolio management for pooled investment vehicles and portfolio management for businesses and institutional clients. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Mount Kellett Capital Management: assets under management

The assets under management (AUM) of Mount Kellett Capital Management LP is $1.36 billion, all of which is managed in discretionary accounts. The firm's AUM has gone down by -78% since the beginning of its operation, and $1.34 billion of the total AUM is attributable to clients outside of the United States.

The firm manages $1.36 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $52.38 million each.

Mount Kellett Capital Management has custody of $1.36 billion in cash and securities for 26 clients in total but doesn’t act as a qualified custodian.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Mount Kellett 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 Mount Kellett Capital Management serves?

The only and largest group of clients of Mount Kellett Capital Management is pooled investment vehicles with 26 clients and $1.36 billion of assets under management. Among the 10 most similar advisory firms, Mount Kellett Capital Management has the 2nd highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $1.36 billion for 26 clients. 73% of the firm’s clients are foreign persons or businesses.

Mount Kellett Capital Management also advises several private funds. Namely, four hedge funds and twenty one private equity funds. The minimum investment commitment required of non-related persons ranges from $0 to $20,000,000.

Careers at Mount Kellett Capital Management LP

The company employs 1 person that is either a part- or full-time employee. 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

Indirect Owners

The SEC currently registers 5 indirect owners.

Based in New York

The principal office where Mount Kellett Capital Management LP performs its advisory services is located at 1345 Avenue Of The Americas, 46 Th Floor, New York, NY 10105, 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 212-798-6100 or by fax 917-591-8633. The normal business hours are 8 a.m. - 6 p.m. on Monday - Friday. You can find more information about the New York firm at mountkellett.com.

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