Blue Torch Capital LP (New York)


Blue Torch Capital LP is a large advisory firm based in New York. It manages $838.46 million of regulatory assets for 6 client accounts. It has been registered with the SEC as an adviser since 2017.

Blue Torch 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.

Blue Torch Capital: assets under management

The assets under management (AUM) of Blue Torch Capital LP is $838.46 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 3254% since the beginning of its operation, and $212.14 million of the total AUM is attributable to clients outside of the United States.

The firm manages $838.46 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $139.74 million each.

Investments

The firm invests in other assets the most. They account for 100% of the total AUM.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Blue Torch Capital LP 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.

What kind of clients Blue Torch Capital serves?

The only and largest group of clients of Blue Torch Capital is pooled investment vehicles with 4 clients and $832.52 million of assets under management. Among the 8 most similar advisory firms, Blue Torch Capital has the highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $832.52 million for 4 clients. 67% of the firm’s clients are foreign persons or businesses.

Blue Torch Capital also advises several private funds. Namely, two hedge funds. The minimum investment commitment required of non-related persons ranges from $3,000,000 to $5,000,000.

Careers at Blue Torch Capital LP

The company employs 11 people that are either part- or full-time employees. 64 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
Kevin Paul Genda Chief executive officer / limited partner 1 Apr 2017 75% - 100% 5730385
Gary Ira Manowitz Chief financial officer 1 Apr 2017 Other 5127080
Blue Torch Capital Gp Llc General partner 1 Apr 2017 Other 81-4422176
Lauren Michelle Kreuter Chief operating officer/general counsel/chief compliance officer 1 Apr 2017 Other 6779316
The Genda 2012 Dynasty Trust Limited partner 1 Dec 2017 Other 35-7013012
Karen Margaret Yarasavage Trustee of the genda 2012 dynasty trust 1 Dec 2017 Other 2083680
Laura Tucker Schnaidt Chief compliance officer and general counsel 1 Aug 2019 Other 5106437

Indirect Owners

The SEC currently registers 2 indirect owners.

Name Entity Date acquired Ownership Employer ID
Kevin Paul Genda Managing member 1 Sep 2017 75% - 100% 5730385
Kpg Btc Management Llc Managing member 1 Nov 2017 75% - 100% xxx-xx-xxxx

Based in New York

The principal office where Blue Torch Capital LP performs its advisory services is located at 430 Park 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 212-503-5850. The normal business hours are 9am - 6pm on Monday - Friday. You can find more information about the New York firm at bluetorchcapital.com.