Hillmark Capital Management, L.P. (New York)

Hillmark Capital Management, L.P. is a large advisory firm based in New York. It manages $171.05 million of regulatory assets for 4 client accounts. It has been registered with the SEC as an adviser since 2012.

Hillmark 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.

Hillmark Capital Management: assets under management

The assets under management (AUM) of Hillmark Capital Management, L.P. is $171.05 million, all of which is managed in discretionary accounts. The firm's AUM has gone down by -82% since the beginning of its operation, and $171.05 million of the total AUM is attributable to clients outside of the United States.

The firm manages $171.05 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $42.76 million each.

Fees & Commissions

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

The only and largest group of clients of Hillmark Capital Management is pooled investment vehicles with 4 clients and $171.05 million of assets under management. Among the 9 most similar advisory firms, Hillmark Capital Management has the 2nd highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $171.05 million for 4 clients. 50% of the firm’s clients are foreign persons or businesses.

Hillmark Capital Management also advises several private funds. Namely, four securitized asset funds. The minimum investment commitment required of non-related persons is $500,000 for each fund.

Careers at Hillmark Capital Management, L.P.

The company employs 9 people that are either part- or full-time employees. 67 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
L.L.C. Hillmark Capital	General partner	1 Mar 2006	Other	75-3210917
Mark Lazar Gold	Limited partner, chief executive officer, chief compliance officer	1 Mar 2006	25% - 50%	1074877
Hillel Howard Weinberger	Limited partner	1 Mar 2006	25% - 50%	6131864

Based in New York

The principal office where Hillmark Capital Management, L.P. performs its advisory services is located at 1 Penn Plaza, New York, NY 10119 4599, 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 7101888 or by fax 212 3756030. The normal business hours are 9am-6pm on Monday - Friday.