ACORN ADVISORY CAPITAL, L.P.
Adviser information for ACORN ADVISORY CAPITAL, L.P. last updated from Form ADV on March 19th, 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 Partnership |
|---|---|
| Fiscal Year End | DECEMBER |
| Legal Location | Delaware, United States |
Employees
| Total Number of Employees | 22 |
|---|---|
| Investment Advisory/Research | 11 |
| Registered Broker-Dealer Representatives | 0 |
| Registered State Investment Advisers | 0 |
| Licensed Agents of an Insurance Company | 0 |
| No. of Firms/People that Solicit Clients | 0 |
RAUM
| Provides Management of Securities Portfolios | Yes |
|---|
| Type | Accounts | RAUM |
|---|---|---|
| Discretionary | 6 | $1.6B |
| Non-Discretionary | 2 | $804.0M |
| Total | 8 | $2.4B |
Clients
| Type | Number | RAUM |
|---|---|---|
| Individuals | 0 | $0 |
| HNW Individuals | <5 | $7.3M |
| Banking or thrift institutions | 0 | $0 |
| Investment companies | 0 | $0 |
| Business development companies | 0 | $0 |
| Pooled investment vehicles | 5 | $705.2M |
| Pension and profit sharing plans | 0 | $0 |
| Charitable organizations | 0 | $0 |
| State or municipal gov entities | 0 | $0 |
| Other investment advisers | 0 | $0 |
| Insurance companies | <5 | $1.7B |
| Sovereign wealth funds and foreign official institutions | 0 | $0 |
| Corporations or other businesses | 0 | $0 |
| Other | 0 | $0 |
| Type | Number |
|---|---|
| No. of Non-RAUM Clients | 0 |
| No. of Non-U.S. Clients | 25 |
Services
| Advisory Services | Portfolio management for individuals and/or small businessesPortfolio management for pooled investment vehiclesPortfolio management for businesses or institutional clients |
|---|---|
| Compensation | % of AUMPerformance-based fees |
| Other Business Activities | Commodity pool operator or commodity trading advisor |
Principal Office
590 MADISON AVENUE30TH FLOOR
NEW YORK
NY
United States
Monday - Friday, 9:00 AM - 5:00 PM
Tel: 212-303-4344, Fax: 212-303-4444
Chief Compliance Officer
CATHERINE FLEMING
CHIEF OPERATING OFFICER
590 MADISON AVENUE
30TH FLOOR
NEW YORK
NY
United States
Tel:
212-303-4344
Fax:
212-303-4444
C*******@********M
(Full email address available in API data)
Industry Affiliates
| ACORE CAPITAL, LP | Other investment adviser, including financial planners |
| ACORN ADVISORY CAPITAL MANAGEMENT LLC | Sponsor, GP, manager of pooled investment vehicles |
| BUILD CAPITAL MANAGEMENT, LLC | Sponsor, GP, manager of pooled investment vehicles |
| INSURANCE | Insurance company or agency |
| INSURANCE HOLDING COMPANY | Insurance company or agency |
Private Funds
| Name | Type | Assets $USD | Min Investment $USD | No. Owners |
|---|---|---|---|---|
| ACORN EUR ALTERNATIVE INCOME FUND LLC | EUROPEAN CREDIT | $46.3M | $1.0M | 2 |
| BUILD MASTER FUND, LTD. | Hedge Fund | $585.6M | $5.0M | 24 |
| BUILD PRIVATE CREDIT, L.P. | DIRECT LOAN FUND | $73.4M | $1.0M | 6 |
Control Persons
| Name | Type | Entity | Title | Since | Ownership |
|---|---|---|---|---|---|
| BUILD CAPITAL MANAGEMENT, LLC | Domestic Entity | – | GENERAL PARTNER | 11/2016 | < 5% |
| FLEMING, CATHERINE, MARIE | Individual | – | CHIEF OPERATING OFFICER AND CHIEF COMPLIANCE OFFICER | 07/1995 | < 5% |
| ACORN ADVISORY CAPITAL MANAGEMENT LLC | Domestic Entity | – | GENERAL PARTNER | 06/2005 | < 5% |
| SHERMAN, DONALD, ALAN | Individual | – | PRESIDENT AND CEO, INVESTMENT COMMITTEE MEMBER | 01/2021 | < 5% |
| DELPHI FINANCIAL GROUP, INC. | Domestic Entity | – | OWNER | 12/2020 | > 75% |
| DELPHI FINANCIAL GROUP, INC. | Domestic Entity | ACORN ADVISORY CAPITAL MANAGEMENT LLC | OWNER | 12/2020 | > 75% |
| DELPHI FINANCIAL GROUP, INC. | Domestic Entity | BUILD CAPITAL MANAGEMENT, LLC | OWNER | 12/2020 | > 75% |
| COULTER, CHAD, WILLIAM | Individual | – | GENERAL COUNSEL | 01/2021 | < 5% |
| TOKIO MARINE & NICHIDO FIRE INSURANCE COMPANY | Foreign Entity | DELPHI FINANCIAL GROUP, INC. | OWNER | 12/2020 | > 75% |
| TOKIO MARINE HOLDINGS INC | Foreign Entity | TOKIO MARINE & NICHIDO FIRE INSURANCE COMPANY | OWNER | 03/1944 | > 75% |
No. Employees, Historic
RAUM, Historic
No. Clients, Historic
Holdings
From latest 13F, filed November 6th, 2019 for period ending September 30th, 2019
| Name | Class | Value $USD | # Shares | Private Fund |
|---|---|---|---|---|
| ALIBABA GROUP HLDG LTD | SPONSORED ADS | 5K | 30K | – |
| ALPHABET INC | CAP STK CL A | 10K | 8K | – |
| AMAZON COM INC | COM | 8K | 4K | – |
| CHENIERE ENERGY INC | COM NEW | 1K | 21K | – |
| DISNEY WALT CO | COM DISNEY | 951 | 7K | – |
| ENERGY TRANSFER LP | COM UT LTD PTN | 12K | 925K | – |
| GLOBAL X FDS | MSCI GREECE ETF | 977 | 105K | – |
| INTELSAT S A | COM | 2K | 97K | – |
| ISHARES TR | RUSSELL 2000 ETF | 3K | 19K | – |
| ISHARES TR | TRANS AVG ETF | 2K | 11K | – |
| ISHARES TR | US HOME CONS ETF | 5K | 116K | – |
| LULULEMON ATHLETICA INC | COM | 982 | 5K | – |
| M D C HLDGS INC | COM | 1K | 32K | – |
| MARVELL TECHNOLOGY GROUP LTD | ORD | 956 | 38K | – |
| MPLX LP | COM UNIT REP LTD | 8K | 286K | – |
| NVIDIA CORP | COM | 1K | 8K | – |
| PVH CORP | COM | 397 | 5K | – |
| ROAN RES INC | CL A COM | 369 | 300K | – |
| SELECT SECTOR SPDR TR | SBI INT-FINL | 2K | 70K | – |
| TRANSDIGM GROUP INC | COM | 2K | 3K | – |
| TWO HBRS INVT CORP | COM NEW | 10K | 747K | – |
| ULTA BEAUTY INC | COM | 978 | 4K | – |
| UNITED AIRLINES HLDGS INC | COM | 946 | 11K | – |
| VANECK VECTORS ETF TR | SEMICONDUCTOR ET | 977 | 8K | – |
| ZOETIS INC | CL A | 947 | 8K | – |