The OFFIT CAPITAL is a privately held investment adviser that advises $20.6Bn in regulatory assets under management held in 2 SEC fund types across 7 investment strategies. OFFIT CAPITAL is a Retail Wealth A retail wealth manager is a manager whose >=75% of total assets under management are managed for individual investors through retail advisory or brokerage channels. Manager. Assets increased by 35.54% over the last 5-years.
The Group has been registered with the SEC for 19.01 years and is comprised of 1 filing and 0 relying advisers. They operate out of 2 office locations with their Headquarters at 485 LEXINGTON AVENUE 19TH FLOOR, NEW YORK, NEW YORK. The Group has not been subject to regulatory enforcement actions. They are regulated by 3 US and Non-US bodies.
They have 82 employees comprised of 55 investment and 27 non-investment staff. The total number of Employees increased by 64% over the last 5-years.
Their $20.6Bn in assets advised are owned by 126 private funds, 0 public funds and BDCs and 33 other accounts. Assets of High Net Worth Individuals clients own $13.66Bn or 66.3% of Total Assets and Pooled Investment Vehicles (Not IC or BDC) own $4.1Bn or 19.91% of Total Assets.
The Group's top investment strategies include Traditional LBO, Multi Strat and Fund of Funds, representing 49.03%, 31.02% and 8.53% of total assets, respectively.
They advise 3 types of clients, top clients are High Net Worth Individuals and Pooled Investment Vehicles (Not IC or BDC).
The Group uses 1 Fund Administrators, 1 Fund Auditors, 0 Prime Brokers, 3 Custodians and 0 Marketers. It does not report a third-party Fund Administrator in 0 private funds with $0 in assets.
The Group discloses fixed fees and management fees.
OFFIT CAPITAL names 4 sub-advisers BRIGADE CAPITAL MANAGEMENT, LP, BROAD RUN INVESTMENT MANAGEMENT, LLC, EDGEWOOD MANAGEMENT LLC, VAUGHAN NELSON INVESTMENT MANAGEMENT, L.P. to 2 different funds advised by the group. The Group has been named as the sub-adviser to 0 funds.