Pavadi Capital LLC (New York)

Name: Pavadi Capital LLC
Address: 485 Madison Avenue, New York, NY, 10022
Telephone: 212-632-5410

Pavadi Capital LLC is a mid-sized advisory firm based in New York. It manages $45.87 million of regulatory assets for 3 client accounts. It has been registered with the SEC as an adviser since 2018 and has operated in the jurisdiction of Pennsylvania.

Pavadi 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.

Pavadi Capital: assets under management

The assets under management (AUM) of Pavadi Capital LLC is $45.87 million, all of which is managed in discretionary accounts. The firm's AUM has gone down by -6% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $45.87 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $15.29 million each.

Pavadi Capital has custody of $15.09 million in cash and securities for 1 client in total but doesn’t act as a qualified custodian.

Investments

The firm invests in exchange traded securities the most. They account for 100% of the total AUM.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Pavadi Capital 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 Pavadi Capital serves?

The only and largest group of clients of Pavadi Capital is pooled investment vehicles with 1 clients and $15.09 million of assets under management. Among the 3 most similar advisory firms, Pavadi Capital has the 2nd highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $15.09 million for 1 clients. None of the firm’s clients are foreign persons or businesses.

Pavadi Capital 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 Pavadi Capital LLC

The company employs 3 people that are either part- or full-time employees. 67 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
Jeffrey Scott Edelman	Chief compliance officer, managing member	1 Jul 2018	50% - 75%	2291340
Zachary Seth Sharon	Managing member	1 Jul 2018	50% - 75%	6046926

Based in New York

The principal office where Pavadi Capital LLC performs its advisory services is located at 485 Madison 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 212-632-5410 or by fax 212-632-5401. The normal business hours are 9am - 6pm on Monday - Friday. You can find more information about the New York firm at linkedin.com/company/pavadi-capital-llc/ and its LinkedIn profile.