Akaris Global Partners, LP (New York)

Name: Akaris Global Partners, LP
Address: 330 Madison Avenue, New York, NY, 10017
Telephone: 212-390-9500

Akaris Global Partners, LP is a mid-sized advisory firm based in New York. It manages $53 million of regulatory assets for 3 client accounts. It has been registered with the SEC as an adviser since 2019.

Akaris Global Partners 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.

Akaris Global Partners: assets under management

The assets under management (AUM) of Akaris Global Partners, LP is $53 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 0% since the beginning of its operation, and $53 million of the total AUM is attributable to clients outside of the United States.

The firm manages $53 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $17.67 million each.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Akaris Global Partners, 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 Akaris Global Partners serves?

The only and largest group of clients of Akaris Global Partners is pooled investment vehicles with 3 clients and $53 million of assets under management. Among the 4 most similar advisory firms, Akaris Global Partners has the highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $53 million for 3 clients. 67% of the firm’s clients are foreign persons or businesses.

Akaris Global Partners 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 Akaris Global Partners, LP

The company employs 7 people that are either part- or full-time employees. 86 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 Akaris Global Partners Manager	General partner	1 May 2018	Other	83-1155219
Aman Farrokh Kapadia	Chief investment officer / member	1 May 2018	50% - 75%	7153009
Asad Khalid Rahman	Member	1 May 2018	25% - 50%	7153010
Syed Shameel Ahmad Danish	Chief operating officer / chief compliance officer	1 Sep 2018	Other	7153011

Based in New York

The principal office where Akaris Global Partners, LP performs its advisory services is located at 330 Madison Avenue, 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 212-390-9500. The normal business hours are 7:00 am - 7:00 pm on Monday - Friday. You can find more information about the New York firm at akarisglobal.com.