10 Th Lane Partners, LP (New York)

Name: 10 Th Lane Partners, LP
Address: 60 East 42 Nd Street, New York, NY, 10165
Telephone: 646-843-0710

10 Th Lane Partners, LP is a large advisory firm based in New York. It manages $1.45 billion of regulatory assets for 16 client accounts. It has been registered with the SEC as an adviser since 2018.

10 Th Lane Partners 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.

10 Th Lane Partners: assets under management

The assets under management (AUM) of 10 Th Lane Partners, LP is $1.45 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 61% since the beginning of its operation, and $29.8 million of the total AUM is attributable to clients outside of the United States.

The firm manages $1.45 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $90.65 million each.

10 Th Lane Partners has custody of $1.45 billion in cash and securities for 16 clients in total but doesn’t act as a qualified custodian.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay 10 Th Lane Partners, LP 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.

What kind of clients 10 Th Lane Partners serves?

The only and largest group of clients of 10 Th Lane Partners is pooled investment vehicles with 16 clients and $1.45 billion of assets under management. Among the 8 most similar advisory firms, 10 Th Lane Partners has the highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $1.45 billion for 16 clients. 2% of the firm’s clients are foreign persons or businesses.

10 Th Lane Partners also advises several private funds. Namely, sixteen private equity funds. The minimum investment commitment required of non-related persons ranges from $1,000,000 to $5,000,000.

Careers at 10 Th Lane Partners, LP

The company employs 27 people that are either part- or full-time employees. 70 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.

There are 2 people 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.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Suzette Nmi Del Giudice	Chief compliance officer	1 Oct 2016	Other	6630150
Upacala Theresa Mapatuna	Limited partner	1 Dec 2016	Other	2783145
Quinn Dangerfield Morgan	Limited partner	1 Dec 2016	75% - 100%	2526702

Based in New York

The principal office where 10 Th Lane Partners, LP performs its advisory services is located at 60 East 42 Nd Street, New York, NY 10165, which is also the mailing address of the firm. An additional office of the firm is in Boca Raton, FL. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 646-843-0710 or by fax (646) 929-5582. The normal business hours are 9:00 am - 5:00 pm on Monday - Friday. You can find more information about the New York firm at centrelanepartners.com/.