Seneca Capital Investments, L.P. (New York)


Seneca Capital Investments, L.P. is a large advisory firm based in New York. It manages $308.82 million of regulatory assets for 3 client accounts. It has been registered with the SEC as an adviser since 2012 and has operated in the jurisdiction of New York.

Seneca Capital Investments 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.

Seneca Capital Investments: assets under management

The assets under management (AUM) of Seneca Capital Investments, L.P. is $308.82 million, all of which is managed in discretionary accounts. The firm's AUM has gone down by -89% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $308.82 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $102.94 million each.
Seneca Capital Investments has custody of $308.82 million in cash and securities for 3 clients in total but doesn’t act as a qualified custodian.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Seneca Capital Investments, L.P. 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.

Indirect Owners

The SEC currently registers 2 indirect owners.

Name Entity Date acquired Ownership Employer ID
Douglas Arthur Hirsch Managing member 1 Dec 2005 Other 1505513
Douglas A. Hirsch 2009 Family Trust Member 1 Jan 2009 75% - 100% 35-6804700

Based in New York

The principal office where Seneca Capital Investments, L.P. performs its advisory services is located at 900 Third Avenue, 22 Nd Floor, New York, NY 10022, which is also the mailing address of the firm. An additional office of the firm is in Hicksville, NY. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 212-371-1300 or by fax 212-758-6060. The normal business hours are 9am-5pm on Monday - Friday.