Seven Eight Capital, LP (New York)

Name: Seven Eight Capital, LP
Address: 460 Park Avenue, New York, NY, 10022
Telephone: 646-513-4350

Seven Eight Capital, LP is a large advisory firm based in New York. It manages $3.62 billion of regulatory assets for 3 client accounts. It has been registered with the SEC as an adviser since 2017.

Seven Eight 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.

Seven Eight Capital: assets under management

The assets under management (AUM) of Seven Eight Capital, LP is $3.62 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 671% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $3.62 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $1.21 billion each.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Seven Eight Capital, LP for their services and products based on performance-based fees. The adviser charges an additional fee when a set benchmark is outperformed. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Seven Eight Capital serves?

The only and largest group of clients of Seven Eight Capital is pooled investment vehicles with 3 clients and $3.62 billion of assets under management. Among the 8 most similar advisory firms, Seven Eight Capital has the highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $3.62 billion for 3 clients. None of the firm’s clients are foreign persons or businesses.

Seven Eight Capital also advises several private funds. Namely, one hedge fund. The minimum investment commitment required of non-related persons is $100,000 for each fund.

Careers at Seven Eight Capital, LP

The company employs 16 people that are either part- or full-time employees. 50 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
Stephen Eltanal Cash	Limited partner, co-chief executive officer	1 Feb 2016	25% - 50%	4589579
Adrian Jason Sisser	Limited partner, co-chief executive officer	1 Feb 2016	25% - 50%	6306493
Llc Seven Eight Capital	General partner	1 Feb 2016	Other	37-1707339
Zachary R Murtha	Chief compliance officer	1 Mar 2017	Other	6746186

Indirect Owners

The SEC currently registers 2 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Stephen Eltanal Cash	Managing member	1 Nov 2012	50% - 75%	4589579
Adrian Jason Sisser	Managing member	1 Nov 2012	50% - 75%	6306493

Based in New York

The principal office where Seven Eight Capital, LP performs its advisory services is located at 460 Park Avenue, New York, NY 10022, 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 646-513-4350 or by fax 646-513-4351. The normal business hours are 9am - 5pm on Monday - Friday. You can find more information about the New York firm at seveneightcapital.com.