NORTHERN RIGHT CAPITAL MANAGEMENT, L.P.
Adviser information for NORTHERN RIGHT CAPITAL MANAGEMENT, L.P. last updated from Form ADV on March 29th, 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 | Texas, United States |
Employees
| Total Number of Employees | 6 |
|---|---|
| Investment Advisory/Research | 3 |
| Registered Broker-Dealer Representatives | 0 |
| Registered State Investment Advisers | 1 |
| Licensed Agents of an Insurance Company | 0 |
| No. of Firms/People that Solicit Clients | 1 |
RAUM
| Provides Management of Securities Portfolios | Yes |
|---|
| Type | Accounts | RAUM |
|---|---|---|
| Discretionary | 6 | $380.0M |
| Non-Discretionary | 0 | $0 |
| Total | 6 | $380.0M |
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 | 2 | $311.8M |
| 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 | 0 | $0 |
| Sovereign wealth funds and foreign official institutions | 0 | $0 |
| Corporations or other businesses | 4 | $68.2M |
| Other | 0 | $0 |
| Type | Number |
|---|---|
| No. of Non-RAUM Clients | 0 |
| No. of Non-U.S. Clients | 17 |
Services
| Advisory Services | Portfolio management for pooled investment vehiclesPortfolio management for businesses or institutional clients |
|---|---|
| Compensation | % of AUMPerformance-based fees |
Principal Office
9 OLD KINGS HWY. SOUTH4TH FLOOR
DARIEN
CT
United States
Monday - Friday, 8AM-5PM
Tel: 203 883 9441, Fax: None
Chief Compliance Officer
RICHARD BILLIG
CHIEF OPERATING OFFICER
9 OLD KINGS HWY. SOUTH
4TH FLOOR
DARIEN
CT
United States
Tel:
203-883-9441
R******@*******************M
(Full email address available in API data)
Regulatory Contact
MATTHEW A. DRAPKIN
MEMBER OF THE GENERAL PARTNER
9 OLD KINGS HWY. SOUTH
4TH FLOOR
DARIEN
CT
United States
Tel:
203-951-5440
M***@*******************M
(Full email address available in API data)
Industry Affiliates
| BC ADVISORS, LLC | Sponsor or syndicator of limited partnerships |
| NORTHERN RIGHT CAPITAL OFFSHORE MANAGEMENT, LTD. | Sponsor, GP, manager of pooled investment vehicles |
Private Funds
| Name | Type | Assets $USD | Min Investment $USD | No. Owners |
|---|---|---|---|---|
| NORTHERN RIGHT CAPITAL (QP), L.P. | Hedge Fund | $311.8M | $1.0M | 77 |
Control Persons
| Name | Type | Entity | Title | Since | Ownership |
|---|---|---|---|---|---|
| BC ADVISORS, LLC | Domestic Entity | – | GENERAL PARTNER | 09/2004 | < 5% |
| DRAPKIN, MATTHEW, ADAM | Individual | – | CLASS A LIMITED PARTNER | 01/2010 | > 75% |
| DRAPKIN, MATTHEW, ADAM | Individual | BC ADVISORS, LLC | CLASS A MEMBER | 12/2009 | > 75% |
| BILLIG, RICHARD, BENJAMIN | Individual | – | CHIEF OPERATING OFFICER & CHIEF COMPLIANCE OFFICER | 03/2024 | < 5% |
No. Employees, Historic
RAUM, Historic
No. Clients, Historic
Holdings
From latest 13F, filed August 14th, 2024 for period ending June 30th, 2024
| Name | Class | Value $USD | # Shares | Private Fund |
|---|---|---|---|---|
| AG MTG INVT TR INC | COM NEW | 6M | 829K | – |
| APOLLO GLOBAL MGMT INC | COM | 26M | 218K | – |
| APPLIED DIGITAL CORP | COM NEW | 3M | 475K | – |
| ARES MANAGEMENT CORPORATION | CL A COM STK | 17M | 131K | – |
| BLADE AIR MOBILITY INC | CL A COM | 4M | 1M | – |
| BOYD GAMING CORP | COM | 5M | 98K | – |
| CHARTER COMMUNICATIONS INC N | CL A | 852K | 114 | – |
| DIGITALBRIDGE GROUP INC | CL A NEW | 1M | 77K | – |
| ENERGY TRANSFER L P | COM UT LTD PTN | 4M | 270K | – |
| FTAI AVIATION LTD | SHS | 14M | 135K | – |
| GREAT ELM CAP CORP | COM NEW | 9M | 798K | – |
| GREAT ELM GROUP INC | COM NEW | 8M | 4M | – |
| HOWARD HUGHES HOLDINGS INC | COM | 13M | 193K | – |
| HUT 8 CORP | COM | 4M | 300K | – |
| IAC INC | COM NEW | 22M | 478K | – |
| IDENTIV INC | COM NEW | 3M | 668K | – |
| KBR INC | COM | 13M | 195K | – |
| MADISON SQUARE GARDEN ENTMT | COM CL A | 18M | 517K | – |
| MADISON SQUARE GRDN SPRT COR | CL A | 19M | 101K | – |
| MGM RESORTS INTERNATIONAL | COM | 6M | 125K | – |
| MIDCAP FINANCIAL INVSTMNT CO | COM NEW | 7M | 436K | – |
| MPLX LP | COM UNIT REP LTD | 1M | 31K | – |
| NEWS CORP NEW | CL A | 29M | 1M | – |
| NEWS CORP NEW | CL B | 4M | 125K | – |
| REGIS CORPORATION | COM SHS | 611K | 27K | – |
| RITHM CAPITAL CORP | COM NEW | 16M | 1M | – |
| TRANSUNION | COM | 9M | 117K | – |
| UBER TECHNOLOGIES INC | COM | 4M | 59K | – |
| WEX INC | COM | 7M | 42K | – |