Seer Capital Management LP (New York)


Seer Capital Management LP is a large advisory firm based in New York. It manages $2.05 billion of regulatory assets for 17 client accounts. It has been registered with the SEC as an adviser since 2009 and has operated in the jurisdiction of New York.

Seer Capital Management 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.

Seer Capital Management: assets under management

The assets under management (AUM) of Seer Capital Management LP is $2.05 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 135% since the beginning of its operation, and $1.8 billion of the total AUM is attributable to clients outside of the United States.

The firm manages $2.05 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $120.35 million each.
Seer Capital Management has custody of $1.52 billion in cash and securities for 15 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in other assets the most. They account for 99% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 1% of the firm’s portfolio.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Seer Capital Management LP 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 Seer Capital Management serves?

The firm provides services to other investment advisers and pooled investment vehicles. The largest group of clients of Seer Capital Management is pooled investment vehicles with 15 clients and $1.52 billion of assets under management. Among the 10 most similar advisory firms, Seer Capital Management has the 5th lowest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $2.05 billion for 17 clients. 89% of the firm’s clients are foreign persons or businesses.

Seer Capital Management also advises several private funds. Namely, one hedge fund and four other private funds. The minimum investment commitment required of non-related persons is $1,000,000 for each fund.

Careers at Seer Capital Management LP

The company employs 31 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
Seer Capital Holdings Llc General partner of seer capital management lp 1 May 2008 Other 35-2343003
Philip Neil Weingord Chief executive officer & co-chief investment officer of seer capital management lp 1 May 2008 Other 2041643
Richard Benedict Dalbert Co-chief investment officer of seer capital management lp 1 Sep 2008 Other 2243544
Michael Gary Lamont Principal of seer capital management lp 1 Sep 2008 Other 2519494
J Christopher Schoen Principal of seer capital management lp 1 Sep 2008 Other 2184511
Anthony Stern Barkan Principal of seer capital management lp 1 Sep 2008 Other 1946317
Robert Gerard Neff Chief risk officer/chief compliance officer of seer capital management lp 1 Sep 2008 Other 3162571
Richard Rhee Kim Chief operating officer of seer capital management lp 1 Sep 2008 Other 4346561
Pw Enterprises Ii Llc Limited partner of seer capital management lp 1 Jun 2009 75% - 100% 27-0610381
Richard Rhee Kim Chief operating officer of seer capital management lp 1 Aug 2010 Other 4346561
Walter P Tsin Chief financial officer of seer capital management lp 1 Apr 2011 Other 6000673
Richard Rhee Kim Chief operating officer & chief compliance officer of seer capital management lp 1 Apr 2011 Other 4346561
Andrew Reid Dominus Chief compliance officer and general counsel of seer capital management, lp 1 Jul 2013 Other 2959416

Indirect Owners

The SEC currently registers 4 indirect owners.

Name Entity Date acquired Ownership Employer ID
Philip Neil Weingord Managing member 1 Jul 2008 75% - 100% 2041643
Philip Neil Weingord Sole managing member of management committee 1 Jun 2009 50% - 75% 2041643
Weingord 2013 Family Trust Jpmorgan Trust Company Of Delaware As Trustee Member 1 Jun 2009 25% - 50% 38-6884240
Weingord 2009 Family Trust Jpmorgan Trust Company Of Delaware As Trustee Member 1 Jun 2009 25% - 50% 38-6884240

Based in New York

The principal office where Seer Capital Management LP performs its advisory services is located at 1177 Sixth Avenue, New York, NY 10036 2714, 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 212 850 9000 or by fax 212 850 9011. The normal business hours are 9am - 5pm on Monday - Friday. You can find more information about the New York firm at seercap.com.