PROPHET CAPITAL ASSET MANAGEMENT
PROPHET CAPITAL ASSET MANAGEMENT LP Legal Name
Adviser information for PROPHET CAPITAL ASSET MANAGEMENT last updated from Form ADV on March 28th, 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 | 18 |
|---|---|
| Investment Advisory/Research | 7 |
| Registered Broker-Dealer Representatives | 0 |
| Registered State Investment Advisers | 4 |
| 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 | 21 | $2.6B |
| Non-Discretionary | 0 | $0 |
| Total | 21 | $2.6B |
Clients
| Type | Number | RAUM |
|---|---|---|
| Individuals | 0 | $0 |
| HNW Individuals | 0 | $0 |
| Banking or thrift institutions | 0 | $0 |
| Investment companies | 0 | $0 |
| Business development companies | 0 | $0 |
| Pooled investment vehicles | 15 | $1.3B |
| Pension and profit sharing plans | 0 | $0 |
| Charitable organizations | <5 | $43.5M |
| State or municipal gov entities | 0 | $0 |
| Other investment advisers | 0 | $0 |
| Insurance companies | <5 | $1.3B |
| Sovereign wealth funds and foreign official institutions | 0 | $0 |
| Corporations or other businesses | <5 | $1.2M |
| Other | 0 | $0 |
| Type | Number |
|---|---|
| No. of Non-RAUM Clients | 0 |
| No. of Non-U.S. Clients | 14 |
Services
| Advisory Services | Portfolio 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 |
Identifiers
| SEC RIA File Number | 801-70461 |
|---|---|
| SEC ERA File Number | 801-70461 |
| SEC CIK Numbers | None |
| SEC CRD Numbers | 150683 |
| Legal Entity Identifier | KBO5R5KPEXASKIG5KN76 |
Principal Office
303 COLORADO STREETSTE 2050
AUSTIN
TX
United States
Monday - Friday, 7:30 - 5:00 CST
Tel: 512-327-9500, Fax: 512-327-9515
Chief Compliance Officer
KURT RECHNER
COO/PARTNER
303 COLORADO STREET
SUITE 2050
AUSTIN
TX
United States
Tel:
512.327.3013
Fax:
512.327.9515
K***@*****************T
(Full email address available in API data)
Regulatory Contact
BROOKE COURTADE
COMPLIANCE OFFICER
303 COLORADO STREET
SUITE 2050
AUSTIN
TX
United States
Tel:
512-330-1420
Fax:
512-327-9515
B*****@*****************T
(Full email address available in API data)
Industry Affiliates
| PROPHET ADVANTAGE PARTNERS GP LLC | Sponsor, GP, manager of pooled investment vehicles |
| PROPHET ASSET MANAGEMENT LLC | Sponsor, GP, manager of pooled investment vehicles |
| PROPHET CAPITAL GP, LLC | Sponsor, GP, manager of pooled investment vehicles |
Private Funds
| Name | Type | Assets $USD | Min Investment $USD | No. Owners |
|---|---|---|---|---|
| PARTNERS IN PROPHET, LTD | Hedge Fund | $35.8M | $5.0M | 101 |
| PEMZ 1 LLC | Hedge Fund | $66.0M | $5.0M | 1 |
| PEMZ 2 LLC | Hedge Fund | $65.4M | $5.0M | 1 |
| PEMZ 3 LLC | Hedge Fund | $59.9M | $5.0M | 1 |
| PROPHET EBO MASTER PORTFOLIO LP | Private Equity Fund | $76.5M | $5.0M | 30 |
| PROPHET MORTGAGE SERVICING OPPORTUNITIES NES LP | Hedge Fund | $178.5M | $5.0M | 36 |
| PROPHET MORTGAGE SERVICING OPPORTUNTIIES TES LP | Hedge Fund | $131.6M | $5.0M | 36 |
| PROPHET MSR OPPORTUNITIES LP | Private Equity Fund | $514.7M | $5.0M | 72 |
| PROPHET OPPORTUNITY PARTNERS LP | Hedge Fund | $279.3M | $5.0M | 15 |
Control Persons
| Name | Type | Entity | Title | Since | Ownership |
|---|---|---|---|---|---|
| RECHNER, KURT, JOSEPH | Individual | – | CHIEF COMPLIANCE OFFICER AND CHIEF OPERATING OFFICER AND LIMITED PARTNER | 05/2009 | 5-10% |
| HIRSCHBERG, MICHAEL, ADAM | Individual | – | LIMITED PARTNER | 11/2008 | < 5% |
| EPSTEIN, ROBERT, ALAN | Individual | – | LIMITED PARTNER | 11/2008 | 25-50% |
| PROPHET CAPITAL GP LLC | Domestic Entity | – | GENERAL PARTNER | 11/2008 | < 5% |
| EPSTEIN, ROBERT, ALAN | Individual | PROPHET CAPITAL GP LLC | SOLE MEMBER | 11/2008 | > 75% |
| ROSENBLUM, DAVID, JONATHAN | Individual | – | LIMITED PARTNER | 12/2009 | 50-75% |
| Murphy, Michael, James | Individual | – | CHIEF FINANCIAL OFFICER | 06/2015 | < 5% |