AXAR CAPITAL MANAGEMENT LP

RIASEC RegisteredEst. 2015
Total AUM
$3.6B
Discretionary
$3.6B
100% of AUM
Avg account
$144M
Accounts
25
Employees
13
Advisory reps
5

Firm details

Headquarters
New York, New York
CRD number
217520
Registered since
June 24, 2015
Custodians
THE BANK OF NEW YORK MELLON, FIFTH THIRD SECURITIES, INC., FHLB DES MOINES
Fee structure
Percentage of AUM, Fixed Fees, Performance Based Fees
Client types
  • Pooled Investment Vehicles57.49%
  • Insurance Companies32.41%
  • Other10.1%
Services
Portfolio Management for Pooled Investment VehiclesPortfolio Management for Institutional ClientsSelection of Other Advisers

Firm profile

FINTRX

Overview

Axar Capital Management LP is a limited partnership that has been SEC-registered since 2015 and serves predominantly institutional clients. The firm operates as a multifaceted manager with classifications that include hedge fund and private equity fund activity. Its client fee arrangements combine asset-based charges, fixed fees and performance-linked compensation. Axar is not positioned as a capital allocator; instead it runs and sponsors pooled investment vehicles and operates with CPO/CTA responsibilities. Advisory services documented include portfolio management for pooled vehicles and for businesses or institutions, plus selection of outside advisers. The firm does not self-identify as an active ESG investor and is not listed as a multi-state adviser.

Assets & Accounts

Investments & Alternatives

Private Funds

Location & Offices

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: Other 44%, Investment Grade Corp Bonds 32%, Non-Exchange Traded Equities 15%, Private Funds 3%, Cash & Cash Equivalents 3%, Non-Investment Grade Corp Bonds 2%, Exchange Traded Equities 1%, Sovereign Bonds 1%44%
  • Other44%
  • Investment Grade Corp Bonds32%
  • Non-Exchange Traded Equities15%
  • Private Funds3%
  • Cash & Cash Equivalents3%

Owners & executives

2 of 2
  • RICARDO MOSQUERA

    Chief Operating Officer & Chief Compliance OfficerCRD 6106035

  • GRANT MITCHELL

    Deputy Chief Investment OfficerCRD 5681561

Contacts

3 of 3
  • TIMOTHY PARROTT

    Co-Founder & PresidentCRD 3058675

  • ANDREW AXELROD

    Managing Partner, Portfolio ManagerCRD 5005743

  • DAVID BRISSKE

    Managing DirectorCRD 4833011

Wealth teams

FINTRX

Newly hired reps

FINTRX

Recent M&A activity

FINTRX

Recent filings

FINTRX

Awards

FINTRX

Location

Primary office

New York, NY

NEW YORK

Location

New York, NY

Headquartered in New York, NY, anchoring the New York-Newark, NY-NJ-CT-PA metro in the Northeast.

Metro area
New York-Newark, NY-NJ-CT-PA
Region
Northeast
County
NEW YORK
Address
402 W 13th St
Time zone
ET (UTC-5)
Office locations

Similar firms

Source: FINTRX private wealth data intelligence

Intelligence for Private Wealth