Night Owl Capital Management, LLC logo

Night Owl Capital Management, LLC

Updated today

Client AUM

$743,000,000

Clients

196

Advisors

5

of 8 employees

About

Night Owl Capital Management is an SEC‑registered adviser that provides discretionary portfolio management to individuals (including high‑net‑worth clients) and institutional accounts through separately managed accounts, and it also serves as investment manager to a private investment fund and as sub‑advisor to at least one pooled investment vehicle. The firm manages roughly $1.1 billion in discretionary assets across under 200 client relationships and does not provide general wealth management or comprehensive financial planning services, instead advising on the portion of assets clients allocate to its strategy.

The firm’s investment approach centers on concentrated, long‑term public equity investments in growing companies using fundamental analysis and discounted free cash flow valuation, typically holding a compact portfolio (generally 15–25 names) with position sizing determined by the estimated dispersion of outcomes rather than fixed limits. For its private fund and pooled vehicles the manager may pursue strategies that are less suitable for separately managed accounts — including higher concentration, illiquid securities, short positions, leverage, special situations and derivatives — and treats allocation and execution across pooled and separate accounts with pro rata or alternate methodologies as described in the brochure.

Noteworthy for a team firm of this scale, Night Owl operates both a private fund vehicle (with an affiliated general partner) and acts as a sub‑advisor to other pooled vehicles, arrangements that the brochure highlights can lead to side‑by‑side management and specific allocation and execution procedures. The firm also furnishes regular performance reporting to separately managed account clients and fund investors (quarterly client performance reports and monthly/audited fund reports) and discloses that senior investment professionals and the general partner have invested in the Fund, a practice the brochure notes creates both alignment and potential conflicts of interest.

Client services

Portfolio management

Expertise

Concentrated stock management Active portfolio management Private / alternative investments ESG / Sustainable investing

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Fee options

Percentage

$0 - $25 million: 1.25% annually $25 million - $100 million: 1.0% annually $100 million - $200 million: 0.80% annually $200 million+: 0.70% annually

Other

Account minimum: $10,000,000 Fee-only: 1.0% annually for private investment fund management fee

Main office

102 Greenwich Avenue

Greenwich CT 06830

Advisors at this office

5

Most active in

California · Colorado · Connecticut · Florida · Louisiana · Massachusetts · New Jersey · New York · North Carolina · Pennsylvania · South Carolina · Texas

Also doing business as

Night Owl Capital Management, LLC · Southfield Investment Advisors Inc · Southfield Investment Management, Inc. · Southfield Investment Management, LLC

Disclosures

Exclamation point means they have disclosures of this type. Check mark means no disclosures of this type were found.

Business activities & affiliations

Advisors at this firm

user avatar

Michael G

Series 65

Greenwich, CT

Night Owl Capital Management, LLC

Michael Giove is a financial advisor at Night Owl Capital Management, LLC with one year of industry experience. He holds a Series 65 designation and previously worked at Goldman Sachs and Guggenheim Securities. Night Owl Capital Management, LLC provides discretionary investment management to high-net-worth individuals and institutional clients through separately managed accounts and private pooled vehicles. The firm emphasizes concentrated, long-term public equity investments primarily in mid- and large-cap companies using fundamental analysis and discounted free cash flow valuation.

Concentrated stock management Active portfolio management Private / alternative investments ESG / Sustainable investing
user avatar

Michael C

Series 65

Greenwich, CT

Night Owl Capital Management, LLC

Michael Cowell is a financial advisor at Night Owl Capital Management, LLC with four years of industry experience. He holds a Series 65 designation and has been with Night Owl since 2021, following prior roles at Vista Highland, Fairfield University, and Fordham University. Night Owl Capital Management provides discretionary investment management to high-net-worth individuals and institutional clients through separately managed accounts and private pooled vehicles. The firm focuses on concentrated, long-term public equity investments primarily in mid- and large-cap companies, emphasizing valuation discipline and low turnover.

Concentrated stock management Active portfolio management Private / alternative investments ESG / Sustainable investing
user avatar

John K

Series 65

Greenwich, CT

Night Owl Capital Management, LLC

John Kim is a financial advisor at Night Owl Capital Management, LLC with 22 years of industry experience. He holds a Series 65 credential and has been with Night Owl since 2003. Prior to that, he worked at Morgan Stanley & Co. Incorporated. Night Owl Capital Management provides discretionary investment management to high-net-worth individuals and institutional clients through separately managed accounts and private pooled vehicles. The firm focuses on concentrated, long-term public equity investments using fundamental analysis and discounted free cash flow valuation.

Concentrated stock management Active portfolio management Private / alternative investments ESG / Sustainable investing
user avatar

Eileen O

Series 63, Series 65

Greenwich, CT

Night Owl Capital Management, LLC

Eileen Ohnell is a financial advisor at Night Owl Capital Management, LLC with 7 years of industry experience. She holds Series 63 and Series 65 designations and has worked at Night Owl Capital Management since 2019. Prior to that, she spent 12 years at Ionic Capital Management. Night Owl Capital Management provides discretionary investment management to high-net-worth individuals and institutional clients through separately managed accounts and private pooled vehicles. The firm focuses on concentrated, long-term public equity investments in mid- and large-cap companies using fundamental analysis and discounted free cash flow valuation.

Concentrated stock management Active portfolio management Private / alternative investments ESG / Sustainable investing
user avatar

Akshat P

Series 65

Greenwich, CT

Night Owl Capital Management, LLC

Akshat Piprottar is a Series 65-licensed financial advisor at Night Owl Capital Management, LLC with four years of industry experience. He previously worked at Bank of America and Zimmer Biomet and spent several years as a student before joining Night Owl Capital in 2022. Night Owl Capital Management is an SEC-registered adviser managing approximately $1.1 billion in discretionary assets for individuals and institutional clients. The firm focuses on concentrated, long-term public equity investments based on fundamental analysis and discounted free cash flow valuation, managing both separately managed accounts and private fund vehicles.

Concentrated stock management Active portfolio management Private / alternative investments ESG / Sustainable investing
View complete list of advisors at this firm
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