KEMPNER CAPITAL MANAGEMENT, INC. other names

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Adviser Profile

As of Date:

02/20/2024

Adviser Type:

- Large advisory firm


Number of Employees:

9

of those in investment advisory functions:

2


Registration:

SEC, Approved, 9/15/1982

AUM:

195,604,939 8.64%

of that, discretionary:

195,604,939 8.64%

Private Fund GAV:

69,829,368 10.03%

Avg Account Size:

6,744,998 8.64%

% High Net Worth:

62.07%


SMA’s:

YES

Private Funds:

1

Contact Info

409 xxxxxxx

Websites :
Client Types:

+

Advisory Activities:

+

Compensation Arrangments:

+

Reported AUM

Discretionary
Non-discretionary
270M 231M 193M 154M 116M 77M 39M
2015 2016 2017 2018 2019 2020 2021 2022 2023

Recent News

Krispy Kreme Names New CEO, Reaffirms Guidance | Barron's
09/25/2023

A large hedge-fund sponsor seems to be betting on oil and fast food, while selling out of a drugstore chain. Davidson Kempner Capital. 4 minute read.

Barrons

Byju's-Owned Aakash Sets Up Executive Council To Appoint New CEO - BQ Prime
09/02/2023

... Aakash Educational Services Ltd. had reworked its board amid debt covenant talks with hedge fund Davidson Kempner Capital Management.

bqprime.com

Bard of Aakash Educational Services Ltd reconstituted amid debt covenant talks with hedge ...
08/05/2023

... amid debt covenant talks with hedge fund Davidson Kempner Capital Management ... The funds were raised against the future cash flows of AESL.

telegraphindia.com

Hedge Fund and Insider Trading News: Davidson Kempner Capital Management, Schonfeld Strategic Advisors, Citadel LLC, SPX Capital, Calavo Growers, Inc. (CVGW), and More
07/19/2023

$13 Billion Hedge Fund Schonfeld Loses Several Senior Technology and Recruiting Personnel (Business Insider) Several leaders of multi-strategy hedge fund Schonfeld Strategic Advisors‘ technology and recruiting operations have exited the firm, according to people familiar with the matter. One of the most recent departures is Vincent Aniello, who joined the firm in 2017 and served […]

Insider Monkey

Davidson Kempner reviews $250m Byju’s loan
06/29/2023

Davidson Kempner reviews $250m Byju’s loan Submitted 29/06/2023 - 10:00am Davidson Kempner Capital Management is reviewing its decision to provide Indian ed-tech firm Byju’s with a $250 million loan, amid a deepening crisis at the firm, and to date, has not fully disbursed the funds, according to a report by Bloomberg. The report cites unnamed sources as reveal...

Hedge Week


Private Funds Structure

Fund Type Count GAV
Other Private Fund 1 $69,829,368

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Private Funds



Employees




Brochure Summary

Overview

Advisory Firm Description Kempner Capital Management, Inc. (“KCM” or the “Firm”) has been in business since January 1982. The principal owner is Harris (“Shrub”) Leon Kempner, Jr. Types of Advisory Services KCM provides investment advice to clients in accordance with established investment guidelines and objectives. KCM requires a written investment advisory contract with every client and asks all clients to submit written investment objectives. When provided, those objectives are attached as an exhibit to the advisory agreement. In the absence of client/provided objectives, KCM attaches its own standard objectives. KCM manages discretionary client portfolios with minimal regard for such factors as the amount of a client’s other investments and the tax impact of an investment on the client. KCM has discretionary clients. Services to
these clients include:
• Supervision of the client’s portfolio assets committed to KCM
• Investment advice
• Execution of purchase and sale orders
• Regular reports on the administered portfolio KCM primarily manages equity portfolios using a value management style, but also gives fixed income advice to some clients. The fixed income portfolios generally consist of full faith and credit U. S. Government obligations. In addition, KCM offers its services to a publicly traded registered investment company, an open-end equity mutual fund (“Mutual Fund”). Tailored Advisory Services Discretionary clients may restrict KCM from purchasing or selling particular securities. Each client may change these restrictions at any time by notifying KCM staff. Client Assets Under Management As of December 31, 2022, the Firm had $180,045,338 of discretionary assets under management.