The PINNACLE ASSET MANAGEMENT is a privately held investment adviser that advises $10.76Bn in regulatory assets under management held in 2 SEC fund types across 2 investment strategies. PINNACLE ASSET MANAGEMENT is a Private Fund A private fund manager is a manager whose >=75% of total assets under management are in private funds (privately offered pooled vehicles for accredited or qualified investors, generally accessed through placements with higher minimums, restricted eligibility, and negotiated terms) Manager. Assets increased by 186.21% over the last 5-years.
The Group has been registered with the SEC for 23.13 years and is comprised of 1 filing and 0 relying advisers. They operate out of 5 office locations with their Headquarters at 712 FIFTH AVENUE 29TH FLOOR, NEW YORK, NEW YORK. The Group has not been subject to regulatory enforcement actions. They are regulated by 5 US and Non-US bodies.
They have 23 employees comprised of 10 investment and 13 non-investment staff. The total number of Employees increased by 27.78% over the last 5-years.
Their $10.76Bn in assets advised are owned by 27 private funds, 1 public fund and BDCs and 0 other accounts. Assets of Pooled Investment Vehicles (Not IC or BDC) clients own $10.68Bn or 99.28% of Total Assets and Investment Companies (IC) own $77mn or 0.72% of Total Assets.
The Group's top investment strategies include Fund of Funds and Multi Strat, representing 99.28% and 0.72% of total assets, respectively.
They advise 2 types of clients, top clients are Pooled Investment Vehicles (Not IC or BDC) and Investment Companies (IC).
The Group uses 2 Fund Administrators, 3 Fund Auditors, 3 Prime Brokers, 2 Custodians and 11 Marketers. It does not report a third-party Fund Administrator in 1 private funds with $400 in assets.
The Group discloses advisory fees, management fees and performance-based fees.
PINNACLE ASSET MANAGEMENT names 2 sub-advisers MERRITT POINT PARTNERS LLC, WAYSTONE MANAGEMENT COMPANY (IE) LIMITED to 3 different funds advised by the group. The Group has been named as the sub-adviser to 0 funds.