Innovatus Capital Partners, LLC (New York)

Innovatus Capital Partners, LLC is a large advisory firm based in New York. It manages $1.4 billion of regulatory assets for 27 client accounts. It has been registered with the SEC as an adviser since 2015 and has operated in the jurisdiction of New York.

Innovatus Capital 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.

Innovatus Capital Partners: assets under management

The assets under management (AUM) of Innovatus Capital Partners, LLC is $1.4 billion. The firm's AUM has gone down by -34% since the beginning of its operation, and $244.3 million of the total AUM is attributable to clients outside of the United States.

The firm manages $722.51 million in discretionary accounts and $681.86 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $80.28 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $37.88 million.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Innovatus Capital Partners, LLC 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 Andrew Richard Dym serves?

The only and largest group of clients of Andrew Richard Dym is pooled investment vehicles with 27 clients and $1.4 billion of assets under management. Among the 11 most similar advisory firms, Innovatus Capital Partners has the 5th highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $1.4 billion for 27 clients. 48% of the firm’s clients are foreign persons or businesses.

Innovatus Capital Partners also advises several private funds. Namely, one other private fund and seven private equity funds. The minimum investment commitment required of non-related persons ranges from $0 to $5,000,000.

Careers at Innovatus Capital Partners, LLC

The company employs 18 people that are either part- or full-time employees. 72 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.

Andrew Richard Dym has been acting as President since 1 Oct 2015. Joseph Randall Schottland joined the executive team most recently as the Managing Director.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
David Marc Schiff	Chief executive officer	1 Oct 2015	Other	2467566
Andrew Richard Dym	President	1 Oct 2015	Other	2548103
Llc Innovatus Capital Partners	Member (abv harvest, llc)	1 Oct 2015	75% - 100%	47-5408253
Lp Innovatus Capital Group	Managing member	1 Oct 2015	75% - 100%	47-5227811
Olivier Claude Levitte	Managing director	1 Oct 2015	Other	2526281
Michael Elliot Meyer	Chief operating officer	1 Oct 2015	Other	4543708
Andrew Wheelock Hobson	Chief compliance officer, chief financial officer	1 Jan 2016	Other	1960720
Andrew W Hobson	Chief compliance officer, chief financial officer	1 Jan 2016	Other	1960720
Joseph Randall Schottland	Managing director	1 Mar 2016	Other	2264895

Indirect Owners

The SEC currently registers 1 indirect owner.

Name	Entity	Date acquired	Ownership	Employer ID
Llc Innovatus Capital Management (Gp)	General partner	1 Oct 2015	Other	47-5251640

Based in New York

The principal office where Innovatus Capital Partners, LLC performs its advisory services is located at 777 Third 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) 698-4580. The normal business hours are 9am-5pm on Monday - Friday.