Cedarview Capital Management, LP (New York)

Name: Cedarview Capital Management, LP
Address: One Penn Plaza, New York, NY, 10119
Telephone: 212-375-6000

Cedarview Capital Management, LP is a large advisory firm based in New York. It manages $200.62 million of regulatory assets for 223 client accounts. It has been registered with the SEC as an adviser since 2005 and has operated in the jurisdiction of New York.

Cedarview Capital Management provides portfolio management for individuals and small businesses, 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.

Cedarview Capital Management: assets under management

The assets under management (AUM) of Cedarview Capital Management, LP is $200.62 million. The firm's AUM has grown by 67% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $195.88 million in discretionary accounts and $4.74 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $911.06 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $592.89 thousand.

Investments

The firm invests in non-investment grade corporate bonds the most. They account for 42% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 30% of the firm’s portfolio. Investments in exchange traded securities form 24% of the total invested assets.

Fees & Commissions

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

The firm provides services to individuals, charitable organizations, high net worth individuals, pooled investment vehicles, and corporations or other businesses. The largest group of clients of Cedarview Capital Management is pooled investment vehicles with 5 clients and $116.63 million of assets under management. Among the 11 most similar advisory firms, Cedarview Capital Management has the 2nd highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $200.62 million for 161 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. None of the firm’s clients are foreign persons or businesses.

Cedarview Capital Management also advises several private funds. Namely, three hedge funds. The minimum investment commitment required of non-related persons ranges from $500,000 to $1,000,000.

Careers at Cedarview Capital Management, LP

The company employs 8 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 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
Llc Cedarview Capital Management	General partner	1 Jul 2004	Other	20-1259713
Burton Weinstein	Limited partner and managing partner	1 Aug 2004	50% - 75%	2081898
Llc Czi Cedarview Holdings	Special limited partner	1 Aug 2004	25% - 50%	20-2259409
Megan Sue Thomas	Chief compliance officer	1 Oct 2005	Other	5058156
Joseph Michael Sheinman	Chief compliance officer	1 Apr 2006	Other	5138148
Stephen Michael Wind	Chief compliance officer	1 Sep 2009	Other	5138148

Indirect Owners

The SEC currently registers 1 indirect owner.

Name	Entity	Date acquired	Ownership	Employer ID
Jeffrey Mark Schachter	Managing member	1 Aug 2004	25% - 50%	2606550

Based in New York

The principal office where Cedarview Capital Management, LP performs its advisory services is located at One Penn Plaza, New York, NY 10119, 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 212-375-6000 or by fax 212-375-6030. The normal business hours are 8:30am - 6:00pm on Monday - Friday. You can find more information about the New York firm at cedarviewcapital.com.