Tower Road Capital, L.P. is an adviser based in New York. It has been registered with the SEC as an adviser since 2019 and has operated in the jurisdiction of New York.
Tower Road Capital provides portfolio management for pooled investment vehicles. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.
The advisory firm has several streams of revenue. Clients pay Tower Road Capital, L.P. for their services and products based on a percentage of assets under management and performance-based fees. The adviser charges an additional fee when a set benchmark is outperformed. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.
The only and largest group of clients of Tower Road Capital is pooled investment vehicles with 3 clients and $0 of assets under management. Among the 1 most similar advisory firms, Tower Road Capital has the highest percentage of pooled investment vehicles out of all clients.
67% of the firm’s clients are foreign persons or businesses.
Tower Road Capital also advises several private funds. Namely, one hedge fund. The minimum investment commitment required of non-related persons is $1,000,000 for each fund.
The company employs 3 people that are either part- or full-time employees. 67 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.
There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.
The principal office where Tower Road Capital, L.P. performs its advisory services is located at 1350 Avenue Of The Americas, New York, NY 10019, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 212-796-4950. The normal business hours are 9:00 am - 5:00 pm on Monday - Friday.