Indaba Capital Management, L.P. (San Francisco)
Indaba Capital Management, L.P. is a large advisory firm based in San Francisco. It manages $1.35 billion of regulatory assets for 4 client accounts. It has been registered with the SEC as an adviser since 2014 and has operated in the jurisdiction of California.
Indaba 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.
Indaba Capital Management: assets under management
The assets under management (AUM) of Indaba Capital Management, L.P. is $1.35 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 56% since the beginning of its operation, and $1.1 billion of the total AUM is attributable to clients outside of the United States.
Fees & Commissions
The advisory firm has several streams of revenue. Clients pay Indaba Capital Management, L.P. 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 Indaba Capital Management serves?
The only and largest group of clients of Indaba Capital Management is pooled investment vehicles with 4 clients and $1.35 billion of assets under management. Among the 8 most similar advisory firms, Indaba Capital Management has the 3rd highest percentage of pooled investment vehicles out of all clients.
The amount of regulatory assets under management is $1.35 billion for 4 clients. 75% of the firm’s clients are foreign persons or businesses.
Indaba Capital Management also advises several private funds. Namely, one hedge fund. The minimum investment commitment required of non-related persons is $5,000,000 for each fund.
Careers at Indaba Capital Management, L.P.
The company employs 16 people that are either part- or full-time employees. 63 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
Indirect Owners
The SEC currently registers 3 indirect owners.Based in San Francisco
The principal office where Indaba Capital Management, L.P. performs its advisory services is located at One Letterman Drive, San Francisco, CA 94129, 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 415-680-1180 or by fax 415-680-1181. The normal business hours are 6:00 am - 5:00 pm (pacific time) on Monday - Friday. You can find more information about the New York firm at indabacapital.com.
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