Medalist Partners LP is a large advisory firm based in New York. It manages $1.58 billion of regulatory assets for 15 client accounts. It has been registered with the SEC as an adviser since 2018.
Medalist Partners provides portfolio management for investment companies and 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.
The assets under management (AUM) of Medalist Partners LP is $1.58 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 40% since the beginning of its operation, and $1.52 billion of the total AUM is attributable to clients outside of the United States.
The advisory firm has several streams of revenue. Clients pay Medalist 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.
The firm provides services to investment companies and pooled investment vehicles. The largest group of clients of Medalist Partners is pooled investment vehicles with 14 clients and $1.56 billion of assets under management. Among the 5 most similar advisory firms, Medalist Partners has the highest percentage of pooled investment vehicles out of all clients.
The amount of regulatory assets under management is $1.58 billion for 15 clients. 73% of the firm’s clients are foreign persons or businesses.
Medalist Partners also advises several private funds. Namely, one hedge fund and eight private equity funds. The minimum investment commitment required of non-related persons ranges from $0 to $5,000,000.
The company employs 17 people that are either part- or full-time employees. 65 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 10 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.
The principal office where Medalist Partners LP performs its advisory services is located at 777 Third Avenue, New York, NY 10017, 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 212-493-4477 or by fax 212-493-4476. The normal business hours are 8:00 am - 6:00 pm on Monday - Friday. You can find more information about the New York firm at medalistpartners.com.