Nexthera Capital LP (New York)

Nexthera Capital LP is a large advisory firm based in New York. It manages $147.6 million of regulatory assets for 2 client accounts. It has been registered with the SEC as an adviser since 2015.

Nexthera Capital 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.

Nexthera Capital: assets under management

The assets under management (AUM) of Nexthera Capital LP is $147.6 million, all of which is managed in discretionary accounts. The firm's AUM has gone down by -10% since the beginning of its operation, and $90.7 million of the total AUM is attributable to clients outside of the United States.

The firm manages $147.6 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $73.8 million each.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Nexthera Capital 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 Nexthera Capital serves?

The only and largest group of clients of Nexthera Capital is pooled investment vehicles with 2 clients and $147.6 million of assets under management. Among the 9 most similar advisory firms, Nexthera Capital has the 3rd highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $147.6 million for 2 clients. 50% of the firm’s clients are foreign persons or businesses.

Nexthera Capital also advises several private funds.

Careers at Nexthera Capital LP

The company employs 6 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.

Ori Hershkovitz has served as the Chief Investment Officer since 1 Mar 2015. Rael Mazansky joined the executive team most recently as the Co Portfolio Manager.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Ori Hershkovitz	Chief investment officer	1 Mar 2015	25% - 50%	6398600
Nexthera Capital Gp Llc	General partner	1 Mar 2015	Other	47-3614347
Ori Nmn Hershkovitz	Chief investment officer	1 Mar 2015	25% - 50%	6398600
Timothy Peter Surzyn	Chief financial officer / chief compliance officer	1 Jun 2015	Other	6286960
Rael Mazansky	Co-portfolio manager	1 Mar 2018	Other	3068865

Indirect Owners

The SEC currently registers 2 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Daniel Malek	Member	1 Mar 2015	50% - 75%	6489896
Daniel Nmn Malek	Member	1 Mar 2015	50% - 75%	6489896

Based in New York

The principal office where Nexthera Capital LP performs its advisory services is located at 900 Third Avenue, 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 +1 646 213 7030 or by fax +1 646 213 7049. The normal business hours are 9:00 a.m. - 5:00 p.m. on Monday - Friday.