Alcova Capital Management, LP (New York)

Name: Alcova Capital Management, LP
Address: 350 Park Ave, New York, NY, 10022
Telephone: 212.320.8387

Alcova Capital Management, LP is a large advisory firm based in New York. It manages $104.86 million of regulatory assets for 6 client accounts. It has been registered with the SEC as an adviser since 2018.

Alcova Capital Management 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.

Alcova Capital Management: assets under management

The assets under management (AUM) of Alcova Capital Management, LP is $104.86 million, all of which is managed in discretionary accounts. The company doesn't manage any assets belonging to foreign clients.

The firm manages $104.86 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $17.48 million each.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Alcova Capital Management, 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.

What kind of clients William Ronald Cline serves?

The only and largest group of clients of William Ronald Cline is pooled investment vehicles with 6 clients and $104.86 million of assets under management. Among the 11 most similar advisory firms, Alcova Capital Management has the highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $104.86 million for 6 clients. None of the firm’s clients are foreign persons or businesses.

Alcova Capital Management also advises several private funds. Namely, six real estate funds. The minimum investment commitment required of non-related persons is $250,000 for each fund.

Careers at Alcova Capital Management, LP

The company employs 5 people that are either part- or full-time employees. 80 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.

William Ronald Cline has been acting as President since 1 Aug 2016. Matthew Grodin has served as the Chief Investment Officer since 1 Aug 2016. Russell Matthew Diamond joined the executive team most recently as the Chief Executive Officer, And Cco.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Russell Matthew Diamond	Chief executive officer, and cco	1 Aug 2016	25% - 50%	2179691
Matthew Grodin	Chief investment officer	1 Aug 2016	25% - 50%	4672163
William Ronald Cline	Chairman	1 Aug 2016	Other	1478691

Based in New York

The principal office where Alcova Capital Management, LP performs its advisory services is located at 350 Park Ave, 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 212.320.8387. The normal business hours are 8:30-6 on Monday - Friday. You can find more information about the New York firm at alcovacap.com.