Novaquest Capital Management, L.L.C. is a large advisory firm based in Raleigh. It manages $2.07 billion of regulatory assets for 31 client accounts. It has been registered with the SEC as an adviser since 2012 and has operated in the jurisdiction of North Carolina.
Novaquest Capital Management, L.L.C 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 assets under management (AUM) of Novaquest Capital Management, L.L.C. is $2.07 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 421% since the beginning of its operation, and $767.75 million of the total AUM is attributable to clients outside of the United States.
The advisory firm has several streams of revenue. Clients pay Novaquest Capital Management, L.L.C. for their services and products based on a percentage of assets under management and performance-based fees. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.
The only and largest group of clients of Novaquest Capital Management, L.L.C is pooled investment vehicles with 31 clients and $2.07 billion of assets under management. Among the 3 most similar advisory firms, Novaquest Capital Management, L.L.C has the highest percentage of pooled investment vehicles out of all clients.
The amount of regulatory assets under management is $2.07 billion for 31 clients. 42% of the firm’s clients are foreign persons or businesses.
Novaquest Capital Management, L.L.C also advises several private funds. Namely, twenty seven private equity funds. The minimum investment commitment required of non-related persons ranges from $5,000,000 to $25,000,000.
The company employs 23 people that are either part- or full-time employees. 100 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 Novaquest Capital Management, L.L.C. performs its advisory services is located at 4208 Six Forks Road, Raleigh, NC 27609 5769, 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 919-459-8620 or by fax 919-516-0580. The normal business hours are 8:00 am - 5:00 pm on Monday - Friday. You can find more information about the New York firm at nqcapital.com.