Hedge Fund Database

NEXT CAPITAL MANAGEMENT LLC

Adviser information for NEXT CAPITAL MANAGEMENT LLC last updated from Form ADV on March 27th, 2024. Select data displayed; additional Form ADV, Form D, Form 13F and other data is available from the Fincoded API.

Advisory Business

Type of Organization Limited Liability Company
Fiscal Year End DECEMBER
Legal Location Delaware, United States

Employees

Total Number of Employees 20
Investment Advisory/Research 9
Registered Broker-Dealer Representatives 1
Registered State Investment Advisers 9
Licensed Agents of an Insurance Company 1
No. of Firms/People that Solicit Clients 1

RAUM

Provides Management of Securities Portfolios Yes
Type Accounts RAUM
Discretionary 861 $1.1B
Non-Discretionary 799 $380.2M
Total 1,660 $1.4B

Clients

Type Number RAUM
Individuals 88 $36.9M
HNW Individuals 149 $1.1B
Banking or thrift institutions 0 $0
Investment companies 0 $0
Business development companies 0 $0
Pooled investment vehicles 0 $0
Pension and profit sharing plans 6 $1.7M
Charitable organizations 16 $15.5M
State or municipal gov entities 0 $0
Other investment advisers 0 $0
Insurance companies <5 $4.7M
Sovereign wealth funds and foreign official institutions 0 $0
Corporations or other businesses 26 $251.7M
Other 0 $0
Type Number
No. of Non-RAUM Clients 0
No. of Non-U.S. Clients 1
No. of Financial Planning Clients 1-10

Services

Advisory Services Financial planningPortfolio management for individuals and/or small businessesPortfolio management for businesses or institutional clientsSelection of other advisers (including private fund managers)
Compensation % of AUMHourly chargesFixed fees

Identifiers

SEC RIA File Number 801-56281
SEC ERA File Number 801-56281
SEC CIK Numbers 1752762
SEC CRD Numbers 110793
Legal Entity Identifier None

Principal Office

ELEVEN TIMES SQUARE
15TH FLOOR
NEW YORK
NY
United States
Monday - Friday, 9 A.M. TO 5 P.M.
Tel: 212-433-1111, Fax: 917-970-8424

Websites

www.linkedin.com/company/next-capital-management/about www.nextcapitalmgmt.com

Chief Compliance Officer

ANDREW C. HART
CHIEF EXECUTIVE OFFICER
ELEVEN TIMES SQUARE
15TH FLOOR
NEW YORK
NY
United States
Tel: 212-433-1111
Fax: 917-970-8424
(Full email address available in API data)

Industry Affiliates

None

Private Funds

Name Type Assets $USD Min Investment $USD No. Owners
None

Control Persons

Name Type Entity Title Since Ownership
HART, ANDREW, CRAIG Individual – CHIEF COMPLIANCE OFFICER AND CHIEF EXECUTIVE OFFICER 01/2022 < 5%
CHRISTIANA BANK & TRUST Domestic Entity THE ACH FAMILY TRUST TRUSTEE 12/2012
THE ACH FAMILY TRUST Domestic Entity NEXT CAPITAL HOLDINGS, LLC MEMBER 01/2022 25-50%
DAVIS, RYAN, WILLIAM Individual – CHIEF INVESTMENT OFFICER AND PRESIDENT 11/2019 < 5%
SANFORD, CATHERINE, ANNE Individual – CHIEF OPERATING OFFICER 11/2019 < 5%
ACH MINORITY INTEREST INC. Domestic Entity – OWNER 01/2022 < 5%
NEXT CAPITAL HOLDINGS, LLC Domestic Entity – OWNER 01/2022 > 75%
HART, ANDREW, CRAIG Individual NEXT CAPITAL HOLDINGS, LLC MANAGER AND BENEFICIAL OWNER 01/2022 25-50%
HART, ANDREW, CRAIG Individual ACH MINORITY INTEREST INC. SOLE OWNER 01/2022 > 75%

No. Employees, Historic

20100201920202021202220232024202514 on 12/12/201914 on 12/12/201915 on 3/30/202015 on 4/3/202015 on 5/12/202015 on 6/23/202015 on 10/16/202015 on 10/19/202015 on 11/17/202015 on 12/10/202015 on 3/31/202115 on 4/5/202115 on 4/19/202115 on 4/20/202115 on 10/6/202115 on 1/31/202215 on 2/8/202215 on 3/10/202215 on 3/23/202215 on 7/19/202215 on 8/25/202215 on 9/6/202215 on 9/23/202215 on 9/26/202215 on 12/22/202217 on 1/31/202317 on 2/2/202317 on 2/7/202317 on 2/16/202317 on 9/18/202317 on 10/18/202320 on 3/27/2024

RAUM, Historic

2B1B02019202020212022202320242025942466600 on 12/12/2019942466600 on 12/12/2019961612354 on 3/30/2020961612354 on 4/3/2020962075018 on 5/12/2020962075018 on 6/23/2020962075018 on 10/16/2020962075018 on 10/19/2020962075018 on 11/17/2020962075018 on 12/10/2020987714759 on 3/31/2021987714759 on 4/5/2021987714759 on 4/19/2021987714759 on 4/20/2021987714759 on 10/6/20211291387559 on 1/31/20221291387559 on 2/8/20221291387559 on 3/10/20221291387559 on 3/23/20221291387559 on 7/19/20221291387559 on 8/25/20221291387559 on 9/6/20221291387559 on 9/23/20221291387559 on 9/26/20221291387559 on 12/22/20221160723496 on 1/31/20231160723496 on 2/2/20231160723496 on 2/7/20231160723496 on 2/16/20231160723496 on 9/18/20231160723496 on 10/18/20231443202614 on 3/27/2024

No. Clients, Historic

30015002019202020212022202320242025247 on 12/12/2019247 on 12/12/2019142 on 3/30/2020142 on 4/3/2020142 on 5/12/2020142 on 6/23/2020142 on 10/16/2020142 on 10/19/2020142 on 11/17/2020142 on 12/10/2020141 on 3/31/2021141 on 4/5/2021141 on 4/19/2021141 on 4/20/2021141 on 10/6/2021193 on 1/31/2022193 on 2/8/2022193 on 3/10/2022193 on 3/23/2022193 on 7/19/2022193 on 8/25/2022193 on 9/6/2022193 on 9/23/2022193 on 9/26/2022193 on 12/22/2022214 on 1/31/2023214 on 2/2/2023214 on 2/7/2023214 on 2/16/2023214 on 9/18/2023214 on 10/18/2023285 on 3/27/2024

Holdings

From latest 13F, filed August 20th, 2024 for period ending June 30th, 2024
Name Class Value $USD # Shares Private Fund
1/100 BERKSHIRE HTWY A COM 1M 200 –
ABBVIE INC COM 395K 2K –
ADOBE INC COM 377K 678 –
Alphabet Inc. Class A COM 944K 5K –
Alphabet Inc. Class C COM 1M 7K –
ALTRIA GROUP INC COM 261K 6K –
AMAZON.COM INC COM 10M 51K –
AMER ELECTRIC PWR CO COM 588K 7K –
APOLLO GLOBAL MGMT INC N COM 1M 10K –
APOLLO SENIOR FLOATING R CEM 3M 203K –
APPLE INC COM 9M 45K –
AUTO DATA PROCESSING COM 344K 1K –
AVALONBAY CMNTYS INC RET 300K 1K –
BERKSHIRE HATHAWAY COM 3M 7K –
BLACKROCK INC COM 214K 272 –
BlackRock Short Mat Bond ETF UIE 452K 9K –
BLACKROCK TCP CAP CORP COM 302K 28K –
BLACKSTNE STRGIC CREDIT CEM 2M 210K –
BLACKSTONE INC COM 709K 6K –
BLACKSTONE LONG SHORT CR CEM 4M 287K –
Bloom Energy Corp COM 228K 19K –
BLUE OWL CAP CORP COM 616K 40K –
BOOKING HOLDINGS INC COM 202K 51 –
BROOKFIELD CORP F FGC 436K 11K –
C S G SYSTEMS INTL COM 371K 9K –
CBIZ INC COM 815K 11K –
CHARLES SCHWAB CORP COM 5M 66K –
CHARLES SCHWAB US MC UIE 210K 3K –
CHEVRON CORP COM 315K 2K –
COINBASE GLOBAL INC COM 226K 1K –
COMCAST CORP COM 584K 15K –
COSTCO WHOLESALE CO COM 273K 321 –
E2OPEN PARENT HLDGS INC COM 109K 24K –
ECOLAB INC COM 1M 5K –
ELI LILLY AND CO COM 1M 1K –
ERMENEGILDO ZEGNA N V F FGO 216K 18K –
Facebook Inc Class A COM 678K 1K –
FIRST TRUST NORTH UIE 873K 29K –
GOLDMAN SACHS GROUP COM 494K 1K –
GOLUB CAPITAL BDC INC COM 12M 772K –
HOME DEPOT INC COM 734K 2K –
HONEYWELL INTL INC COM 254K 1K –
ILLINOIS TOOL WORKS COM 251K 1K –
INVESCO NASDAQ 100 ETF UIE 305K 2K –
INVESCO S&P 500 QUALITY UIE 292K 5K –
INVSC QQQ TRUST SRS 1 UIE 11M 24K –
ISHARES CORE DIVIDEND UIE 552K 12K –
ISHARES CORE MSCI UIE 4M 67K –
ISHARES CORE MSCI EAFE UIE 6M 88K –
ISHARES CORE S&P 500 UIE 30M 55K –
ISHARES CORE S&P MID CAP UIE 3M 45K –
ISHARES CORE S&P SMALL UIE 3M 30K –
ISHARES CORE S&P US UIE 1M 13K –
ISHARES HIGH YIELD UIE 1M 30K –
ISHARES MICRO CAP ETF UIE 356K 3K –
ISHARES MSCI EAFE ETF UIE 734K 9K –
ISHARES MSCI EMERGING UIE 1M 30K –
ISHARES RUSSELL 1000 UIE 10M 30K –
iShares Russell 1000 Value ETF UIE 3M 19K –
ISHARES RUSSELL 2000 UIE 925K 5K –
ISHARES RUSSELL MID CAP UIE 892K 8K –
ISHARES S&P 500 GROWTH UIE 4M 46K –
ISHARES US ENERGY ETF UIE 264K 6K –
J P MORGAN CHASE & CO COM 3M 15K –
JOHNSON & JOHNSON COM 540K 4K –
JPMORGAN ULTRA SHORT UIE 2M 45K –
KKR & CO INC COM 2M 17K –
KRANESHARES CSI CHINA UIE 1M 49K –
LENNOX INTERNTNL COM 314K 587 –
MCDONALDS CORP COM 1M 4K –
MERCK & CO. INC. COM 606K 5K –
META PLATFORMS INC COM 9M 18K –
MGM RESORTS INTL COM 256K 6K –
MICROCHIP TECHNOLOGY COM 225K 2K –
MICROSOFT CORP COM 2M 5K –
MONDELEZ INTL COM 239K 4K –
NETFLIX INC COM 1M 2K –
NORTHROP GRUMMAN CO COM 423K 970 –
NUVEEN FLOATING RATE INC CEM 5M 545K –
NUVEEN NEW YORK QLTY MNC CEM 448K 40K –
NUVEEN NY AMT FREE QLT M CEM 740K 67K –
NVIDIA CORP COM 1M 9K –
ONEOK INC COM 653K 8K –
PARKER-HANNIFIN CORP COM 525K 1K –
PFIZER INC COM 457K 16K –
PHILIP MORRIS INTL COM 824K 8K –
PHILLIPS 66 COM 269K 2K –
PIMCO Active Bond ETF COM 454K 5K –
PINTEREST INC COM 369K 8K –
PPG INDUSTRIES INC COM 655K 5K –
PROCTER & GAMBLE COM 392K 2K –
PUT TESLA INC OEQ 2M 9K –
QUALCOMM INC COM 621K 3K –
RIVERNORTH DOUBLLINE STR CEM 552K 64K –
ROPER TECHNOLOGIES COM 282K 500 –
S&P GLOBAL INC COM 221K 495 –
SABA CAPITAL INCOME OPPO CEM 1M 163K –
SALESFORCE INC COM 617K 2K –
SCHWAB FUNDMNTL US LARGE UIE 482K 7K –
SCHWAB US DIVIDEND UIE 416K 5K –
SCHWAB US LARGE CAP ETF UIE 3M 50K –
SCHWAB US SMALL CAP ETF UIE 3M 60K –
SELECT SECTOR HEALTH UIE 7M 47K –
SELECT STR FINANCIAL UIE 1M 31K –
SLR INVESTMENT CORP COM 443K 28K –
SPDR Portfolio Mortgage Backed Bond ETF UIE 314K 15K –
SPDR S&P 500 ETF UIE 3M 5K –
SPOTIFY TECHNOLOGY F FGO 270K 860 –
TECHNOLOGY SELECT SECTOR UIE 887K 4K –
TELEFLEX INCORPORATE COM 2M 10K –
TESLA INC COM 2M 10K –
TEXAS INSTRUMENTS COM 252K 1K –
THE COCA-COLA CO COM 1M 18K –
TORTOISE ENERGY INFRASTR CEM 341K 10K –
Transunion COM 422K 6K –
TRAVELERS COMPANIES COM 205K 1K –
TRIMAS CORP COM 294K 12K –
VANECK GOLD MINERS ETF UIE 399K 12K –
VANECK SEMICONDUCTOR UIE 509K 2K –
VANGUARD DIVIDEND UIE 222K 1K –
VANGUARD FTSE DEVELOPED UIE 617K 12K –
VANGUARD FTSE EMERGING UIE 515K 12K –
VANGUARD GROWTH ETF UIE 663K 2K –
VANGUARD HIGH DIVIDEND UIE 875K 7K –
VANGUARD INFORMATION UIE 1M 2K –
VANGUARD INTERMEDIATE UIE 209K 3K –
VANGUARD LARGE CAP ETF UIE 1M 4K –
VANGUARD MID CAP GROWTH UIE 2M 8K –
VANGUARD REAL ESTATE UIE 1M 14K –
VANGUARD S&P 500 ETF UIE 4M 8K –
VANGUARD TOTAL STOCK UIE 5M 19K –
VANGUARD TOTAL WORLD UIE 266K 2K –
VANGUARD VALUE ETF UIE 403K 3K –
VINTAGE WINE ESTATES INC COM 14K 100K –
VISA INC COM 460K 2K –
WALMART INC COM 2M 22K –
WILLAMETTE VLY VINEY COM 215K 55K –
WILLIAMS COS INC COM 221K 5K –
XTRACKERS MSCI EAFE HDGD UIE 262K 6K –