Mistral Capital Management, LLC (New York)

Name: Mistral Capital Management, LLC
Address: 650 Fifth Avenue, New York, NY, 10019
Telephone: 212-616-9600

Mistral Capital Management, LLC is a large advisory firm based in New York. It manages $148.45 million of regulatory assets for 3 client accounts. It has been registered with the SEC as an adviser since 2012 and has operated in the jurisdiction of New York.

Mistral Capital Management 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.

Mistral Capital Management: assets under management

The assets under management (AUM) of Mistral Capital Management, LLC is $148.45 million, all of which is managed in discretionary accounts. The firm's AUM has gone down by -42% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $148.45 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $49.48 million each.

Mistral Capital Management has custody of $148.45 million in cash and securities for 3 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in other assets the most. They account for 100% of the total AUM.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Mistral Capital Management, LLC 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 Mistral Capital Management serves?

The only and largest group of clients of Mistral Capital Management is pooled investment vehicles with 2 clients and $140.76 million of assets under management. Among the 11 most similar advisory firms, Mistral Capital Management has the 3rd highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $140.76 million for 2 clients. None of the firm’s clients are foreign persons or businesses.

Mistral Capital Management also advises several private funds. Namely, two private equity funds. The minimum investment commitment required of non-related persons is $500,000 for each fund.

Careers at Mistral Capital Management, LLC

The company employs 5 people that are either part- or full-time employees. 80 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
William Paul Phoenix	Member and chief compliance officer	1 Sep 2007	Other	2937393
Andrew Robert Heyer	Managing member and chief executive officer	1 Sep 2007	75% - 100%	1033769

Based in New York

The principal office where Mistral Capital Management, LLC performs its advisory services is located at 650 Fifth Avenue, New York, NY 10019, 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 212-616-9600 or by fax 212-616-9618. The normal business hours are 9am to 5pm on Monday - Friday. You can find more information about the New York firm at mistralequity.com/guest/index.html.