Balestra Capital, Ltd. (New York)

Name: Balestra Capital, Ltd.
Address: 58 West 40 Street, New York, NY, 10018
Telephone: 212-768-9000

Balestra Capital, Ltd. is a large advisory firm based in New York. It manages $124.33 million of regulatory assets for 3 client accounts. It has been registered with the SEC as an adviser since 2012.

Balestra Capital provides portfolio management for individuals and small businesses, portfolio management for pooled investment vehicles, and selection of other advisers. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Balestra Capital: assets under management

The assets under management (AUM) of Balestra Capital, Ltd. is $124.33 million, all of which is managed in discretionary accounts. The firm's AUM has gone down by -94% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $124.33 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $41.44 million each.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Balestra Capital, Ltd. 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.

Careers at Balestra Capital, Ltd.

James Laurence Melcher has been acting as President since 1 Jan 1979. Shu Mei Liu joined the executive team most recently as the Director Of Operations And Chief Compliance Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
James Laurence Melcher	President	1 Jan 1979	75% - 100%	331484
Norman John Cerk	Partner	1 Jun 1997	Other	2918645
Matthew Justin Luckett	Partner	1 Jan 2004	Other	4015898
Andrew Robert Marra	Chief financial officer	1 Apr 2008	Other	5775435
Shakib Gabriel Mairzadeh	General counsel	1 Jul 2010	Other	5837206
Shu Mei Liu	Director of operations and chief compliance officer	1 Mar 2015	Other	2634197

Based in New York

The principal office where Balestra Capital, Ltd. performs its advisory services is located at 58 West 40 Street, New York, NY 10018, 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 212-768-9000 or by fax 212-768-1883. The normal business hours are 9-5 on Monday - Friday. You can find more information about the New York firm at balestracapital.com.