Nantahala Capital Management, LLC (New Canaan)


Nantahala Capital Management, LLC is a large advisory firm based in New Canaan. It manages $2.17 billion of regulatory assets for 8 client accounts. It has been registered with the SEC as an adviser since 2011 and has operated in the jurisdiction of Connecticut.

Nantahala 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.

Nantahala Capital Management: assets under management

The assets under management (AUM) of Nantahala Capital Management, LLC is $2.17 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 1001% since the beginning of its operation, and $142.47 million of the total AUM is attributable to clients outside of the United States.

The firm manages $2.17 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $271.15 million each.
Nantahala Capital Management has custody of $415.56 million in cash and securities for 4 clients in total but doesn’t act as a qualified custodian.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Nantahala Capital Management, LLC 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 Nantahala Capital Management serves?

The only and largest group of clients of Nantahala Capital Management is pooled investment vehicles with 8 clients and $2.17 billion of assets under management. Among the 5 most similar advisory firms, Nantahala Capital Management has the highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $2.17 billion for 8 clients. 25% of the firm’s clients are foreign persons or businesses.

Nantahala Capital Management also advises several private funds. Namely, six hedge funds. The minimum investment commitment required of non-related persons ranges from $0 to $1,000,000.

Careers at Nantahala Capital Management, LLC

The company employs 13 people that are either part- or full-time employees. 38 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
Wilmot B. Harkey Managing member 1 May 2004 25% - 50% 5934828
Daniel J. Mack Managing member 1 Jul 2007 25% - 50% 5934829
Steven Harris Bloom Member 1 Oct 2008 Other 1202884
Paul Rehm Chief compliance officer 1 Jan 2011 Other 5934830
Thomas E King Chief financial officer 1 Aug 2012 Other 3129708
Jonathan Zanetos Buba Member 1 Nov 2016 Other 6736715
Bloom Family Llc Member 1 Jan 2017 Other 46-1056981
Qianqian Zhong Chief financial officer 1 Apr 2018 Other 6937485

Indirect Owners

The SEC currently registers 2 indirect owners.

Name Entity Date acquired Ownership Employer ID
Steven Harris Bloom Manager 1 Sep 2012 50% - 75% 1202884
Susan Rosen Bloom Manager 1 Sep 2012 Other 6937816

Based in New Canaan

The principal office where Nantahala Capital Management, LLC performs its advisory services is located at 130 Main St., New Canaan, CT 06840, 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 203-909-6430 or by fax 267-295-6119. The normal business hours are 9:00-5:00 on Monday - Friday. You can find more information about the New York firm at nantahalapartners.com/.