Karya Capital Management LP (New York)


Karya Capital Management LP is a large advisory firm based in New York. It manages $1.6 billion of regulatory assets for 4 client accounts. It has been registered with the SEC as an adviser since 2012.

Karya 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.

Karya Capital Management: assets under management

The assets under management (AUM) of Karya Capital Management LP is $1.6 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 1315% since the beginning of its operation, and $318.14 million of the total AUM is attributable to clients outside of the United States.

The firm manages $1.6 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $399.84 million each.
Karya Capital Management has custody of $283.34 million in cash and securities for 4 clients in total but doesn’t act as a qualified custodian.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Karya Capital Management 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 Karya Capital Management serves?

The only and largest group of clients of Karya Capital Management is pooled investment vehicles with 4 clients and $1.6 billion of assets under management. Among the 8 most similar advisory firms, Karya Capital Management has the 2nd highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $1.6 billion for 4 clients. 50% of the firm’s clients are foreign persons or businesses.

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

Careers at Karya Capital Management LP

The company employs 14 people that are either part- or full-time employees. 29 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.

There are 4 people 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
Kenneth Alan Kolber Chief financial officer 1 Oct 2011 Other 5053072
Rajiv Sobti Managing partner 1 Oct 2011 75% - 100% 1543526
Karya Capital Inc. General partner 1 Oct 2011 Other xxx-xx-xxxx
Sobti Family Holdings Llc Limited partner 1 Dec 2012 Other xxx-xx-xxxx
Laura Ann Pentimone Chief compliance officer 1 Jan 2014 Other 2973762

Indirect Owners

The SEC currently registers 4 indirect owners.

Name Entity Date acquired Ownership Employer ID
2012 Rajiv Sobti Delaware Trust Fbo Akhil Sobti Member 1 Dec 2012 25% - 50% 46-6479219
2012 Rajiv Sobti Delaware Trust Fbo Sachi Sobti Member 1 Dec 2012 25% - 50% 46-6493386
Sanjiv Sobti Trustee 1 Dec 2012 Other 1572971
Rajiv Sobti Member 1 Dec 2012 75% - 100% 1543526

Based in New York

The principal office where Karya Capital Management LP performs its advisory services is located at 1330 Avenue Of The Americas, 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 212-201-1970 or by fax 212-201-1981. The normal business hours are 9 am - 5 pm on Monday - Friday.