59 North Capital Management, LP

RIASEC RegisteredEst. 2019
Total AUM
$7.5B
Discretionary
$7.5B
100% of AUM
Avg account
$1.9B
Accounts
4
Employees
9
Advisory reps
3

Firm details

Headquarters
Houston, Texas
CRD number
300258
Registered since
February 12, 2019
Custodians
MORGAN STANLEY & CO. LLC, GOLDMAN SACHS & CO. LLC, NATIONAL FINANCIAL SERVICES LLC
Fee structure
Percentage of AUM, Performance Based Fees
Client types
  • Pooled Investment Vehicles97.35%
  • Other2.65%
Services
Portfolio Management for Pooled Investment VehiclesPortfolio Management for Institutional Clients

Firm profile

FINTRX

Overview

59 North Capital Management, LP is a hedge-fund style adviser that provides portfolio management to pooled investment vehicles and to institutions. The firm is structured as a limited partnership, SEC-registered since 2019, and operates with a fee model that combines a percentage-of-AUM charge and performance-based fees. Its business activities include roles typical of commodity/managed futures operators (CPO/CTA) and it often serves as sponsor, general partner, or managing member of pooled vehicles it manages. Clients are primarily institutional. The firm does not self-identify as an active ESG investor and is not characterized as a multi-state adviser. Its ownership is listed as a domestic entity and individual combination, and it does not position itself as a capital allocator to third-party managers (it runs its own funds and vehicles).

Assets & Accounts

Public Holdings

Investments & Alternatives

Investment profile

FINTRX

Traditional investments used

Alternative investments used

Active ESG investor

Technology & operations

FINTRX

CRM & tech providers

TAMPs used

Clients

FINTRX

Client base

Client personas

Asset composition

Asset composition: Exchange Traded Equities 53%, Cash & Cash Equivalents 44%, Derivatives 3%53%
  • Exchange Traded Equities53%
  • Cash & Cash Equivalents44%
  • Derivatives3%

Owners & executives

1 of 1
  • Kate Bacon

    Chief Compliance OfficerCRD 6561589

Contacts

2 of 2
  • Drew Garrabrant

    PartnerCRD 7066953

  • Michael Bilger

    Michael Bilger

    Managing PartnerCRD 7066947

Wealth teams

FINTRX

Newly hired reps

FINTRX

Recent M&A activity

FINTRX

Recent filings

FINTRX

Awards

FINTRX

Location

Primary office

Houston, TX

Harris

Location

Houston, TX

Headquartered in Houston, TX, anchoring the Houston-The Woodlands, TX metro in the South.

Metro area
Houston-The Woodlands, TX
Region
South
County
Harris
Address
3737 Buffalo Speedway
Time zone
CT (UTC-6)
Office locations

Similar firms

Source: FINTRX private wealth data intelligence

Intelligence for Private Wealth