Lake Hill Capital Management, LLC (New York)


Lake Hill Capital Management, LLC is a large advisory firm based in New York. It manages $100.34 million of regulatory assets for 3 client accounts. It has been registered with the SEC as an adviser since 2013.

Lake Hill Capital Management 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.

Lake Hill Capital Management: assets under management

The assets under management (AUM) of Lake Hill Capital Management, LLC is $100.34 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 307% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $100.34 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $33.45 million each.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Lake Hill Capital Management, LLC 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 Lake Hill Capital Management serves?

The only and largest group of clients of Lake Hill Capital Management is pooled investment vehicles with 2 clients and $100.34 million of assets under management. Among the 13 most similar advisory firms, Lake Hill Capital Management has the 5th highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $100.34 million for 2 clients. None of the firm’s clients are foreign persons or businesses.

Lake Hill Capital Management also advises several private funds. Namely, two hedge funds. The minimum investment commitment required of non-related persons ranges from $2,000,000 to $20,000,000.

Careers at Lake Hill Capital Management, LLC

The company employs 4 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.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Zemach Michael Sternberg Managing member 1 Jul 2005 50% - 75% 2122901
Scott Joseph Kovarik Member 1 Jul 2005 Other 2429836
Justin Trevor Golden Member 1 Jan 2012 Other 4588570
Steven Nicklas Chief compliance officer 1 Jan 2013 Other 6153878
Terence Francis Schofield Member 1 Aug 2015 Other 5828502

Based in New York

The principal office where Lake Hill Capital Management, LLC performs its advisory services is located at 520 Madison Avenue, New York, NY 10022, 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 212-792-6671 or by fax 212-792-6679. The normal business hours are 9-5 on Monday - Friday. You can find more information about the New York firm at lakehillgroup.com.