YCM is an investment management firm specializing in U.S. energy infrastructure investing.
YCM is focused on conducting in-depth fundamental research, which is independent, unbiased and objective, to drive our investment performance.
YCM offers its clients the exclusive ability to invest along side some of Wall Streets most talented money managers, without sacrificing the security and comfort of having their assets held by a large financial institution
Yorkville Capital Management marries the benefits of working with an investment boutique - independence, agility, and manager access - without sacrificing the security, service, or regulatory oversight that comes with working with a large financial institution.
YCM is regulated by the U.S. Security and Exchange Commission (SEC), has established strategic partnerships with large financial institutions, and has invested heavily in technology to offer our clients a world-class investment platform.
Registered Investment Advisers (RIA)
Yorkville Capital Management is a Registered Investment Adviser with the U.S. Security and Exchange Commission (SEC). In general, under the U.S. Investment Companies Act of 1940, investment advisers owe their clients an ongoing fiduciary duty to provide full and complete disclosure of all fees and conflicts of interest, and to exercise discretion in selecting investments in their clients' best interests in mind.
To access Yorkville's SEC Form ADV - Part I, please click on the following link and type in our name when prompted: Yorkville Capital Management LLC.
Global Investment Performance Standards (GIPS) Compliant
Yorkville Capital is GIPS compliant. The Global Investment Performance Standards (GIPS) are voluntary and are based on the fundamental principles of full disclosure and fair representation of investment performance results. Global standardization of investment performance reporting gives investors around the world the additional transparency they need to compare and evaluate investment managers.
Policies and Procedures
Yorkville Capital Management is cultivating a compliant culture. The firm's comprehensive Policy and Procedure Manual establishes standards and practices for professional conduct across all aspects of our business. We have adopted the policies and procedures set forth in our Compliance Manual for the purpose of meeting our fiduciary and statutory obligations to our clients. We monitor the policies and procedures set forth in our manual, in accordance with all applicable law, in order to:
Fostering a compliant culture is another way we put our client first in everything we do.
Fidelity Investments is the primary custodian of our client's assets. Yorkville selected Fidelity to administer our custody, settlement and back- office operations in order to provide our clients with greater security and protection. Fidelity's custody accounts are insured by Securities Investor Protection Corporation (SIPC) and by Customer Asset Protection Company (CAPCO). Client asset held by Fidelity are not exposed to any operational risk nor can custody statements be changed by Yorkville Capital. Our partnership with Fidelity frees us to focus on our core competency of managing, not administering, assets.
Fiserv provides Yorkville with portfolio management, risk analytics, trading, performance, reporting and accounting software. This suite of services forms the core of Yorkville's business operations. Fiserv has over 25 years of experience in this industry and serves over 16,000 clients.
PerTrac Investment Solutions provides Yorkville with performance reporting and risk analytics software enabling us to generate performance analytics reports for each of our strategies. This is another example of Yorkville using an independent third party to guarantee the integrity of the performance data we report.
YCM subscribes to Thomson Reuters to provide live security pricing, quotes and market moving news from around the world using Reuters Trader. This enables us to monitor the performance of our investments in real time from our desktops or laptops. We also subscribe to Reuters Knowledge a web-based source for fundamental data specific to any given company, industry, or market . This resource is also used to aggregate broker research onto a single platform so as to streamline our research process. Reuters is Yorkville's primary data source for our proprietary risk management models.
Yorkville subscribes to Bloomberg for fundamental data and news. Bloomberg Professional is a leading solution for Asset Managers providing the most comprehensive and advanced set of financial data, real time market coverage, news, analytic tools, portfolio solutions and research. Bloomberg's comprehensive financial database spans the global markets offering company fundamentals and estimates, in-depth industry data points, and performance breakdown by product line and geographic region, as well as reported data. Bloomberg supports full data transparency to enable users to validate financial data points by tracking them back to the original source document. Market coverage crosses all asset classes, combining equities, futures, options, fixed income and currency markets and others ensuring that users have a complete investment solution. Bloomberg is Yorkville's primary data source for our proprietary research models.
Ashland Partners provides an independent third party review of Yorkville's processes and procedures to ensure they are in compliance with the GIPS standards. Third-party verification brings credibility to the claim of compliance and supports the overall guiding principles of full disclosure and fair representation of investment performance. Many consultants and institutional investors require a firm to be GIPS verified before moving forward in manager searches.
Bingham McCutchen is Yorkville's law firm. Bingham's Investment Management Practice Group has experience with nearly every asset class including listed stocks, derivative instruments, emerging market securities and natural resources. Some of the world's largest investment management and financial services organizations are their clients.
Merlin Securities, LLC
Merlin is Yorkville's prime broker. Merlin is a leading prime brokerage services and technology provider. An international firm with over 100 employees, which delivers advanced reporting, trading, operational, and capital development solutions to over 500 hedge funds and managed account platforms. The firm is an introducing broker to J.P. Morgan Clearing Corporation, Goldman Sachs (GSEC) and National Bank of Canada and is fully integrated with Northern Trust's custodial platform. Merlin Securities was founded in 2004 and is based in New York, New York with an additional office in San Francisco, California. The company also has operations in Canada.
The New York Society of Security Analysts (NYSSA) has been a leading forum for the investment community since 1937. NYSSA was founded by a group of professionals that included Benjamin Graham, the "father of securities analysis" and one of the most influential men in the history of finance. With more than 11,000 members, NYSSA represents an elite segment of the financial industry and, its adherents are recognized as ethical, knowledgeable participants in the investment decision-making community.
National Association of Publicly Traded Partnerships (NAPTP)
The National Association of Publicly Traded Partnerships, formerly the Coalition of Publicly Traded Partnerships, is a trade association representing publicly traded limited partnerships (PTPs)--commonly known as master limited partnerships (MLPs)--and those who work with them. The Association is an outgrowth of an informal lobbying organization which was formed in 1983. Both the current Association and its predecessor have been highly successful in representing the interests of PTPs in Washington D.C. and the states. Publicly traded partnerships are limited partnerships or limited liability companies (LLCs) choosing partnership taxation which are traded on public exchanges. A share in a PTP is called a "unit," and PTP shareholders are known as "unitholders." PTPs can be found on the New York, American, and NASDAQ exchanges, as well as many regional exchanges. PTPs allow the affordability and liquidity of corporate stocks and bonds combined with the advantages of investing in a partnership. PTPs generally pay their investors regular cash distributions, and many offer growth potential as well. There are over 90 PTPs on the market, the majority in industries related to energy and natural resources.