Drake Capital Advisors LLC logo

Drake Capital Advisors LLC

Updated today

Total assets under management

$713,423,000

Total clients

0

Total advisors

0

of 5 employees

Firm size

Investment Manager

May not manage individual clients

Average clients per advisor

Average account size

About

Drake Capital primarily provides discretionary investment management to private pooled vehicles organized as master‑feeder funds and to separately managed accounts, offering these services to institutional investors and high‑net‑worth, financially sophisticated investors. The firm operates mainly as a manager of pooled vehicles rather than serving retail individual clients.

The firm’s investment approach centers on selecting and allocating to unaffiliated third‑party investment managers across a broad range of strategies — including equity, credit/fixed income, event‑driven, distressed and global macro — using both quantitative and qualitative analysis rather than direct single‑security selection. Drake Capital exercises full discretion over fund and account allocations and may implement leverage, long/short positions, derivatives and hedging or portfolio overlay investments as part of its programs.

Distinctive features include its formal role as a selector of other advisers for the Funds and Accounts and the explicit use of third‑party managers as the primary implementation vehicle, a practice that is less common among peer investment managers. The firm also accepts a spectrum of investor types that include corporations and other business entities and sets a substantial separately managed account minimum (reported as $50 million), reflecting its focus on institutional and very large clients despite a small advisory team managing the assets.

Client services

Portfolio management Selection of other advisers

Expertise

Active portfolio management Options & derivatives strategies Private / alternative investments

Occupation focus

Founder/Business Owner

Fee options

Percentage

N/A - N/A: Series A: 0.95% per annum N/A - N/A: Series B: 0.85% per annum

Performance-based

5% of investor’s profits after deducting Administrative Allocation, subject to a 5% non-cumulative hurdle rate annually

Other

Account minimum: $50 million

Main office location

Drake Capital Advisors LLC

53 Forest Avenue, Suite 210

Old Greenwich CT 06870, United States

Number of offices

1

Most active in

Connecticut

Disclosures

Exclamation point means they have disclosures of this type. Check mark means no disclosures of this type were found.

Business activities & affiliations

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