The CANAL CAPITAL MANAGEMENT, LLC is a privately held investment adviser that advises $1.28Bn in regulatory assets under management held in 3 SEC fund types across 3 investment strategies. CANAL CAPITAL MANAGEMENT, LLC 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 104.29% over the last 5-years.
The Group has been registered with the SEC for 13.95 years and is comprised of 1 filing and 0 relying advisers. They operate out of 1 office location with their Headquarters at 9 SOUTH 5TH STREET, RICHMOND, VIRGINIA. The Group has not been subject to regulatory enforcement actions. They are regulated by 1 US and Non-US bodies.
They have 6 employees comprised of 6 investment and 0 non-investment staff. The total number of Employees decreased by 40% over the last 5-years.
Their $1.28Bn in assets advised are owned by 8 private funds, 0 public funds and BDCs and 19 other accounts. Assets of High Net Worth Individuals clients own $1.02Bn or 79.18% of Total Assets and Pooled Investment Vehicles (Not IC or BDC) own $182.7mn or 14.22% of Total Assets.
The Group's top investment strategies include Real Estate, Traditional LBO and Fund of Funds, representing 74.25%, 25.75% and 0% of total assets, respectively.
They advise 5 types of clients, top clients are High Net Worth Individuals and Pooled Investment Vehicles (Not IC or BDC).
The Group uses 1 Fund Administrators, 2 Fund Auditors, 0 Prime Brokers, 0 Custodians and 0 Marketers. It does not report a third-party Fund Administrator in 1 private funds with $250K in assets.
The Group discloses advisory fees, fixed fees, management fees and performance-based fees.
CANAL CAPITAL MANAGEMENT, LLC names 0 sub-advisers to 0 different funds advised by the group. The Group has been named as the sub-adviser to 1 fund.