Amarna Capital Partners

Amarna Capital Partners provides fee-based investment advisory services to institutional and individual clients, including pensions and corporations, offering custom portfolio management and advisory work for separate accounts and potential pooled vehicles. The firm’s brochure notes that, at the time of filing, it had no clients and reported no assets under management.

The firm follows a tactical asset-allocation approach that combines top-down (sector, technical and cyclical) and bottom-up (fundamental) analysis and uses an onboarding investor-profile questionnaire with annual updates to tailor recommended allocations. Amarna provides non-discretionary management—clients approve trades—and may use a wide range of instruments, including equities, fixed income, mutual funds, options, short sales and margin, with occasional use of cash positions as a hedge.

Distinctive features include the firm’s disclosure that it may enter performance-fee arrangements with qualified clients under applicable rules, with a high-water-mark and stated conflict-mitigation procedures, which is less common for firms of this size. The firm operates as a single-adviser practice, recommends a preferred custodian relationship and participation in soft-dollar support services, does not accept physical custody of client assets, and does not vote client proxies.