Mkp Capital Management, L.L.C. (New York)


Mkp Capital Management, L.L.C. is a large advisory firm based in New York. It manages $16.6 billion of regulatory assets for 17 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdiction of New York.

Mkp Capital Management, L.L.C 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.

Mkp Capital Management, L.L.C: assets under management

The assets under management (AUM) of Mkp Capital Management, L.L.C. is $16.6 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 5077% since the beginning of its operation, and $11.81 billion of the total AUM is attributable to clients outside of the United States.

The firm manages $16.6 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $976.4 million each.
Mkp Capital Management, L.L.C has custody of $2.47 billion in cash and securities for 8 clients in total but doesn’t act as a qualified custodian.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Mkp Capital Management, L.L.C. for their services and products based on a percentage of assets under management and 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 Mkp Capital Management, L.L.C serves?

The only and largest group of clients of Mkp Capital Management, L.L.C is pooled investment vehicles with 17 clients and $16.6 billion of assets under management. Among the 12 most similar advisory firms, Mkp Capital Management, L.L.C has the 3rd highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $16.6 billion for 17 clients. 82% of the firm’s clients are foreign persons or businesses.

Mkp Capital Management, L.L.C also advises several private funds. Namely, five hedge funds. The minimum investment commitment required of non-related persons ranges from $10,000,000 to $25,000,000.

Careers at Mkp Capital Management, L.L.C.

The company employs 67 people that are either part- or full-time employees. 39 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
Patrick Mcmahon Chief executive officer, chief investment officer 1 Sep 1995 Other 1775680
Eric Harris Keiter Managing member 1 Sep 1995 25% - 50% 1757856
Maurice Clark Perkins Managing member 1 Jan 1996 25% - 50% 1106564
Thomas Francis Mcfarland Director of operations 1 Feb 1997 Other 1799704
Thomas Dominic Devita Chief financial officer 1 Oct 2001 Other 4485949
Anthony Charles Lembke Principal 1 Jan 2007 Other 2084638
Thomas Dominic Devita Managing member (mkp strategies, l.l.c.) 1 Jan 2007 Other 4485949
Patricia Ann Alcamo General counsel 1 Jan 2010 Other 5766888
L.P. Mkp Capital Management Member 1 Jan 2010 Other 37-1592631
Thomas Dominic Devita Cfo, coo, director of mkp capital uk ltd. 1 Jul 2010 Other 4485949
Mkp Capital Uk Ltd. Corporate member of mkp capital europe llp (the relying adviser) 1 Jul 2010 75% - 100% 98-1028881
Jason Joseph Bonanca Director (mkp capital uk ltd.) 1 Oct 2012 Other 4269933
Steven Dov Lando General counsel, chief compliance officer 1 Jan 2013 Other 4783327
Henry Ilhyung Lee Chief risk officer 1 Jan 2013 Other 2896974
Richard Charles Lightburn Portfolio manager, director of mkp capital uk ltd. 1 Jan 2013 Other 2083470
Lp Dyal Capital Partners (A) Member (mkp capital management, l.l.c.) 1 Jan 2013 Other 46-0525083
Jason Joseph Bonanca Managing member (mkp capital management, l.l.c.); director (mkp capital uk ltd.) 1 Jan 2013 Other 4269933
Jason Joseph Bonanca Managing member (mkp capital management, l.l.c.) 1 Feb 2013 Other 4269933
L.P. Mkp Capital Management Shareholder of mkp capital management, l.l.c. 1 Jan 2015 75% - 100% 99-9999999
Richard Charles Lightburn Chief executive officer, director of mkp capital uk ltd. 1 Apr 2016 Other 2083470
Derek Ross Backofen Chief compliance officer 1 Jan 2017 Other 3246417
Thomas Dominic Devita Chief financial officer/general counsel 1 May 2018 Other 4485949

Indirect Owners

The SEC currently registers 17 indirect owners.

Name Entity Date acquired Ownership Employer ID
Lehman Brothers Holdings Inc. Member 1 Feb 2009 25% - 50% 13-3216325
Nb Alternatives Holdings Llc Managing member 1 May 2009 75% - 100% 80-0357916
Neuberger Berman Group Llc Managing member 1 May 2009 75% - 100% 61-1591182
Llc Nbsh Acquisition Member 1 May 2009 50% - 75% 26-4383171
L.L.C. Mkp Capital Management Gp General partner 1 Jan 2010 Other 37-1592630
Patrick Mcmahon Managing member 1 Jan 2010 25% - 50% 1775680
Maurice Clark Perkins Managing member 1 Jan 2010 25% - 50% 1106564
Dyal U.S. Llc Limited partner 1 Feb 2010 50% - 75% 27-2302032
Dyal Offshore Investors Lp Member 1 Feb 2010 50% - 75% 98-0657373
Nb Dyal Gp Holdings Llc Managing member 1 Feb 2010 75% - 100% 27-2302165
Nb Alternatives Gp Holdings Llc Managing member 1 Feb 2010 75% - 100% 80-0357937
Nb Dyal Associates Lp General partner 1 Apr 2010 Other 98-0657386
L.L.C. Mkp Capital Management Shareholder of mkp capital uk ltd. (corporate member of mkp capital europe llp (the relying adviser)) 1 Jul 2010 75% - 100% 113851
Nb Dyal Associates Lp General partner 1 Aug 2010 Other 98-0657386
Dyal Offshore Investors Ii Lp Member 1 Apr 2012 25% - 50% 80-0804852
L.L.C. Mkp Capital Management Gp General partner of mkp capital management, l.p. 1 Jan 2015 Other 99-9999999
Patrick Mcmahon Limited partner of mkp capital management, l.p. 1 Jan 2015 50% - 75% 1775680

Based in New York

The principal office where Mkp Capital Management, L.L.C. performs its advisory services is located at 600 Lexington Avenue, New York, NY 10022, which is also the mailing address of the firm. An additional office of the firm is in Southampton, NY. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 212-303-7100 or by fax 212-303-7196. The normal business hours are 8:30 am to 5:30 pm on Monday - Friday. You can find more information about the New York firm at mkpcap.com.