1607 Capital Partners

1607 Capital Partners is an SEC-registered investment adviser that manages money almost entirely in closed-end funds, with a focus on buying those funds at a discount to the value of their underlying assets. Its strategies cover international and global equity, domestic equity, and taxable and tax-advantaged fixed income. The firm serves institutional clients such as family offices, pensions, foundations and endowments, healthcare organizations and healthcare groups.

The firm is based in Richmond, Virginia, and works with a deliberately small number of large institutional clients rather than individual retail accounts. It describes itself as independent and has set capacity limits on each strategy so that it does not take on more assets than its niche can absorb. Prospective clients can reach the office by phone or through the contact form on the website.