Sessa Capital Im, L.P. (New York)

Sessa Capital Im, L.P. is a large advisory firm based in New York. It manages $985.92 million of regulatory assets for 4 client accounts. It has been registered with the SEC as an adviser since 2014 and has operated in the jurisdiction of New York.

Sessa Capital Im 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.

Sessa Capital Im: assets under management

The assets under management (AUM) of Sessa Capital Im, L.P. is $985.92 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 477% since the beginning of its operation, and $875.91 million of the total AUM is attributable to clients outside of the United States.

The firm manages $985.92 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $246.48 million each.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Sessa Capital Im, L.P. 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 Sessa Capital Im serves?

The only and largest group of clients of Sessa Capital Im is pooled investment vehicles with 4 clients and $985.92 million of assets under management. Among the 5 most similar advisory firms, Sessa Capital Im has the 2nd highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $985.92 million for 4 clients. 50% of the firm’s clients are foreign persons or businesses.

Sessa Capital Im also advises several private funds. Namely, two hedge funds. The minimum investment commitment required of non-related persons ranges from $1,000,000 to $10,000,000.

Careers at Sessa Capital Im, L.P.

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
John Eric Petry	Sole limited partner, sole member and manager of sessa capital im gp, llc	1 Mar 2007	75% - 100%	2448205
Llc Sessa Capital Im Gp	General partner	1 Mar 2007	Other	20-8684256
Jae Hong	Chief compliance officer and chief operating officer	1 Feb 2015	Other	5698183

Based in New York

The principal office where Sessa Capital Im, L.P. performs its advisory services is located at 888 Seventh Avenue, 30 Th Floor, New York, NY 10019, 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 212-257-4410 or by fax N/A. The normal business hours are 9am - 5pm on Monday - Friday.