Northern Right Capital Management, L.P.
- Regulatory AUM
- $553M
- Discretionary
- $553M
- Clients
- 4
- Avg AUM / client
- $138M
- Accounts
- 7
- Employees
- 6
AUM over time
Annual snapshots from Form ADV filings · as of Mar 31, 2026
Who they serve
| Client type | Clients | AUM | % of AUM |
|---|---|---|---|
| Pooled investment vehicles (non-investment companies) | 4 | $453M | 82.0% |
| Corporations and other businesses | Fewer than 5 clients | $99.3M | 18.0% |
Private funds (1)
Reported in Form ADV Section 7.B.(1), filing of Mar 2024 · $312M combined gross assets
| Fund | Type | Domicile | Gross assets | Owners |
|---|---|---|---|---|
| Northern Right Capital (Qp), L.P. master | Hedge Fund | Texas | $312M | 77 |
People (2)
| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| Drapkin, Matthew, Adam | Class A Limited Partner | Dec 2009 (17y) | 75% or more | |
| Billig, Richard, Benjamin | Chief Operating Officer & Chief Compliance Officer | Mar 2024 (2y) | Less than 5% |
Entity owners (Schedule A/B)
| Entity | Title / status | Since | Sch. | Ownership |
|---|---|---|---|---|
| Bc Advisors, Llc | General Partner | Sep 2004 | A | Less than 5% |
Undisclosed: 0% – 25% of the firm is not attributable from the filed Schedule A bands.
Roster from the IAPD representatives feed; ownership and acquisition dates from Form ADV Schedule A/B. "Since" is the earliest filed registration or acquisition date.
Private funds (1, $312M gross assets)
| Fund | Type | Gross assets | Min. investment | Owners |
|---|---|---|---|---|
| Northern Right Capital (Qp), L.P. | Hedge Fund | $312M | $1.0M | 77 |
From Form ADV Section 7.B private fund reporting.
Documents (1 archived)
| Form | Period | Size | |
|---|---|---|---|
| Form ADV (full filing) | 03/31/2026 | 1.44 MB | View · PDF · Source ↗ |
Archived copies of the firm's regulatory filings, versioned by content hash.
Disciplinary disclosures
No disciplinary events reported on the firm's latest Form ADV filing.
How they charge
- • Percentage of assets under management
- • Performance-based fees
Services
- • Portfolio management for pooled investment vehicles
- • Portfolio management for businesses/institutional clients
Custody
Reported custodians
- Bank Of America, National Association $90.3M (16% of AUM) Mar 2026
- Interactive Brokers $10.2M (3% of AUM) Mar 2025
- J.P. Morgan $8.1M (2% of AUM) Mar 2025
Amounts as reported in ADV Item 5.K.(3) (custodians holding 10%+ of SMA assets).
Firm reports having custody of client funds or securities (Item 9.A).
Source
All data on this page comes from this firm's Form ADV filings, reproduced without modification. Latest filing: Mar 31, 2026.
View current Form ADV (SEC/IAPD) ↗