Novaquest Capital Management, L.L.C. (Raleigh)


Novaquest Capital Management, L.L.C. is a large advisory firm based in Raleigh. It manages $2.07 billion of regulatory assets for 31 client accounts. It has been registered with the SEC as an adviser since 2012 and has operated in the jurisdiction of North Carolina.

Novaquest Capital Management, L.L.C 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.

Novaquest Capital Management, L.L.C: assets under management

The assets under management (AUM) of Novaquest Capital Management, L.L.C. is $2.07 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 421% since the beginning of its operation, and $767.75 million of the total AUM is attributable to clients outside of the United States.

The firm manages $2.07 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $66.91 million each.

Fees & Commissions

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

The only and largest group of clients of Novaquest Capital Management, L.L.C is pooled investment vehicles with 31 clients and $2.07 billion of assets under management. Among the 3 most similar advisory firms, Novaquest Capital Management, L.L.C has the highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $2.07 billion for 31 clients. 42% of the firm’s clients are foreign persons or businesses.

Novaquest Capital Management, L.L.C also advises several private funds. Namely, twenty seven private equity funds. The minimum investment commitment required of non-related persons ranges from $5,000,000 to $25,000,000.

Careers at Novaquest Capital Management, L.L.C.

The company employs 23 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
Ronald John Wooten Member, management committee member, investment committee member 1 Nov 2010 Other 2592289
John Layton Bradley Member, chief operations officer, management committee member 1 Nov 2010 Other 6025008
William Oliver Robb Investment committee member 1 Nov 2010 Other 6025012
Jonathan Edward Tunnicliffe Investment committee member 1 Nov 2010 Other 6025013
Dennis B. Gillings Member 1 Nov 2010 Other 6025018
Pharmabio Development Inc. Member 1 Nov 2010 25% - 50% 56-2019326
Inc. Mbk Pharmapartnering Member 1 Nov 2010 Other 27-3606567
Robert Wayne Hester Chief compliance officer, chief financial officer, vice president 1 Nov 2010 Other 6025021
Ernest Gerald Brown Management committee member, investment committee member 1 Nov 2010 Other 6027640
Tadahiro Dantsuka Management committee member 1 Nov 2010 Other 6027641
Taro Inaba Investment committee member 1 Nov 2010 Other 6029529
Fred Cohen Management committee member 1 Nov 2010 Other 5794230
Christopher Riley Gordon Management committee member 1 Nov 2010 Other 5659347
James J O'brien Management committee member 1 Jun 2012 Other 6084308
Hisaharu Koga Management committee member 1 Feb 2014 Other 6300902
Takahide Koda Investment committee member 1 May 2014 Other 6043491
Mitsuhiro Goto Management committee member 1 Aug 2015 Other 6626774
Gregory Alan Dodge Chief compliance officer / general counsel 1 Jan 2016 Other 6626777
Michael David Sorensen Investment committee member 1 Sep 2016 Other 6775733
Gaetano Petrelli Investment committee member 1 Sep 2016 Other 6775760
Jeffrey Scott Edwards Investment committee member 1 Sep 2016 Other 4351205
Roger Lavern Davenport Investment committee member 1 Feb 2017 Other 6775725
Daisuke Makino Investment committee member 1 Mar 2017 Other 6775787
Manabu Ikegami Management committee member 1 Jun 2017 Other 6863227

Indirect Owners

The SEC currently registers 1 indirect owner.

Name Entity Date acquired Ownership Employer ID
Ltd. Mitsui & Co. Shareholder 1 Nov 2010 75% - 100% 98-0110185

Based in Raleigh

The principal office where Novaquest Capital Management, L.L.C. performs its advisory services is located at 4208 Six Forks Road, Raleigh, NC 27609 5769, 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 919-459-8620 or by fax 919-516-0580. The normal business hours are 8:00 am - 5:00 pm on Monday - Friday. You can find more information about the New York firm at nqcapital.com.

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