Southpoint Capital Advisors LP (New York)

Name: Southpoint Capital Advisors LP
Address: 1114 Avenue Of The Americas, New York, NY, 10036
Telephone: 212-692-6350

Southpoint Capital Advisors LP is a large advisory firm based in New York. It manages $4.36 billion of regulatory assets for 2 client accounts. It has been registered with the SEC as an adviser since 2005 and has operated in the jurisdiction of New York.

Southpoint Capital Advisors 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.

Southpoint Capital Advisors: assets under management

The assets under management (AUM) of Southpoint Capital Advisors LP is $4.36 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 1194% since the beginning of its operation, and $261.86 million of the total AUM is attributable to clients outside of the United States.

The firm manages $4.36 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $2.18 billion each.

Southpoint Capital Advisors has custody of $4.36 billion in cash and securities for 2 clients in total but doesn’t act as a qualified custodian.

Fees & Commissions

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

The only and largest group of clients of Southpoint Capital Advisors is pooled investment vehicles with 2 clients and $4.36 billion of assets under management. Among the 9 most similar advisory firms, Southpoint Capital Advisors has the highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $4.36 billion for 2 clients. 50% of the firm’s clients are foreign persons or businesses.

Southpoint Capital Advisors also advises several private funds. Namely, one hedge fund. The minimum investment commitment required of non-related persons is $1,000,000 for each fund.

Careers at Southpoint Capital Advisors LP

The company employs 17 people that are either part- or full-time employees. 71 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
John Smith Clark	Owner of southpoint capital advisors lp and southpoint gp, lp	1 Feb 2004	75% - 100%	5064674
Southpoint Capital Advisors Llc	General partner of southpoint capital advisors lp	1 Mar 2004	Other	20-0975900
Llc Southpoint Gp	General partner of southpoint gp, lp	1 Mar 2004	Other	20-1064783
Anthony Joseph Buffalano	Chief financial officer and chief compliance officer of southpoint capital advisors lp and southpoint gp, lp	1 May 2005	Other	4948851
Adam P. Nemser	Chief compliance officer	1 Oct 2005	Other	5064678
Anthony Joseph Buffalano	Chief financial officer	1 Jul 2006	Other	4948851
Claire M. Tafelski	Chief compliance officer	1 Apr 2013	Other	6184372
Stefanie Aimee Donath	Chief compliance officer	1 Sep 2015	Other	5064918

Indirect Owners

The SEC currently registers 2 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
John Smith Clark	Owner and managing member	1 Mar 2004	75% - 100%	5064674
Robert Wendal Butts	Managing member	1 Mar 2004	50% - 75%	2912520

Based in New York

The principal office where Southpoint Capital Advisors LP performs its advisory services is located at 1114 Avenue Of The Americas, New York, NY 10036, 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 212-692-6350 or by fax 212-692-6355. The normal business hours are 8am-6pm on Monday - Friday. You can find more information about the New York firm at southpointcapital.com.