Kynikos Associates LP (New York)
Kynikos Associates LP is a large advisory firm based in New York. It manages $1.12 billion of regulatory assets for 18 client accounts. It has been registered with the SEC as an adviser since 2005 and has operated in the jurisdiction of New York.
Kynikos Associates provides portfolio management for investment companies, portfolio management for pooled investment vehicles, and portfolio management for businesses and institutional clients. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.
Kynikos Associates: assets under management
The assets under management (AUM) of Kynikos Associates LP is $1.12 billion, all of which is managed in discretionary accounts. The firm's AUM has gone down by -48% since the beginning of its operation, and $462.16 million of the total AUM is attributable to clients outside of the United States.
Investments
The firm invests in cash and cash equivalents the most. They account for 99% of the total AUM. The second-largest asset type is derivatives, which make up 1% of the firm’s portfolio.Fees & Commissions
The advisory firm has several streams of revenue. Clients pay Kynikos Associates 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 Kynikos Associates serves?
The firm provides services to investment companies, pooled investment vehicles, and corporations or other businesses. The largest group of clients of Kynikos Associates is pooled investment vehicles with 13 clients and $536.58 million of assets under management. Among the 11 most similar advisory firms, Kynikos Associates has the 5th highest percentage of pooled investment vehicles out of all clients.
The amount of regulatory assets under management is $1.12 billion for 18 clients. 50% of the firm’s clients are foreign persons or businesses.
Kynikos Associates also advises several private funds. Namely, twelve hedge funds. The minimum investment commitment required of non-related persons is $1,000,000 for each fund.
Careers at Kynikos Associates LP
The company employs 22 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 are 2 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.
Direct owners and executive officers
Indirect Owners
The SEC currently registers 5 indirect owners.Based in New York
The principal office where Kynikos Associates LP performs its advisory services is located at 20 West 55 Th Street, New York, NY 10019 5373, 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 212-649-0200 or by fax 212-649-0269. The normal business hours are 8am to 5pm on Monday - Friday. You can find more information about the New York firm at kynikos.com.
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