Pomona Management LLC (New York)

Name: Pomona Management LLC
Address: 780 Third Avenue, New York, NY, 10017
Telephone: 212-593-3639

Pomona Management LLC is a large advisory firm based in New York. It manages $5.79 billion of regulatory assets for 21 client accounts. It has been registered with the SEC as an adviser since 2008 and has operated in the jurisdiction of New York.

Pomona Management provides portfolio management for investment companies, portfolio management for pooled investment vehicles, and portfolio management for private equity secondaries funds-of-funds, primary funds-of-funds and secondary co-investment funds. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Pomona Management: assets under management

The assets under management (AUM) of Pomona Management LLC is $5.79 billion. The firm's AUM has grown by 7% since the beginning of its operation, and $383.1 million of the total AUM is attributable to clients outside of the United States.

The firm manages $5.78 billion in discretionary accounts and $10.28 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $288.99 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $10.28 million.

Pomona Management has custody of $1.44 billion in cash and securities for 21 clients in total but doesn’t act as a qualified custodian.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Pomona Management LLC for their services and products based on a percentage of assets under management and performance-based fees. The adviser charges an additional fee when a set benchmark is outperformed. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Pomona Management serves?

The firm provides services to investment companies and pooled investment vehicles. The largest group of clients of Pomona Management is pooled investment vehicles with 19 clients and $5.68 billion of assets under management. Among the 7 most similar advisory firms, Pomona Management has the highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $5.79 billion for 21 clients. 43% of the firm’s clients are foreign persons or businesses.

Pomona Management also advises several private funds. Namely, forty three private equity funds. The minimum investment commitment required of non-related persons is $10,000,000 for each fund.

Careers at Pomona Management LLC

The company employs 28 people that are either part- or full-time employees. 57 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.

There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm compensates employees in addition to the salary for bringing in new clients. Employees receive compensation from other entities for client referrals.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Michael D Granoff	Managing principal	1 Jan 1994	Other	4298547
Francis N. Janis	Managing principal	1 Jan 1994	Other	5613942
Stephen Mark Futrell	Managing principal	1 Nov 1995	Other	2085553
Voya Pomona Holdings Llc	Sole member	1 Oct 2000	75% - 100%	13-4152011
Ing Pomona Holdings Llc	Sole member	1 Oct 2000	75% - 100%	13-4152011
Gerald Thomas Lins	General counsel	1 Nov 2000	Other	4068642
Celeste Rachel Barone	Chief compliance officer	1 Nov 2008	Other	1749667
Karen Marie Hansen	General counsel	1 Mar 2011	Other	5291197
Emily Carlin Carroll	General counsel	1 May 2014	Other	6406046
Stephen Mark Futrell	Chief compliance officer	1 Feb 2015	Other	2085553
Jeremy Seth Dardick	Chief compliance officer	1 May 2015	Other	6488295
John Charles Stephens	Chief financial officer	1 Aug 2015	Other	4530066

Indirect Owners

The SEC currently registers 15 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
N.V. Ing Groep	Sole shareholder	1 Jan 1991	75% - 100%	98-0220475
Ing Verzekeringen B.V.	Shareholder	1 Jan 1991	75% - 100%	foreign
Voya Holdings Inc.	Shareholder	1 Jan 2001	75% - 100%	02-0488491
Inc. Lion Connecticut Holdings	Sole member	1 Jan 2001	75% - 100%	02-0488491
Lion Connecticut Holdings Inc.	Sole member	1 Jan 2001	75% - 100%	02-0488491
Voya Investment Management Llc	Sole member	1 Jan 2004	75% - 100%	58-2361003
Voya Financial	Shareholder	1 Jan 2004	75% - 100%	52-1222820
Voya Investment Management Alternative Assets Llc	Sole member	1 Jan 2004	75% - 100%	13-4038444
Ing Investment Management Llc	Sole member	1 Jan 2004	75% - 100%	108934
Inc. Ing Americas Insurance Holdings	Shareholder	1 Jan 2004	75% - 100%	52-1222820
Ing Insurance International B.V.	Shareholder	1 Jan 2004	75% - 100%	98-0159264
Ing Investment Management Alternative Assets Llc	Sole member	1 Jan 2004	75% - 100%	13-4038444
Inc. Ing U.S	Shareholder	1 Jan 2004	75% - 100%	52-1222820
Ing Insurance Topholding N.V.	Shareholder	1 Dec 2011	75% - 100%	foreign
N.V. Ing Groep	Shareholder	1 Sep 2013	50% - 75%	98-0220475

Based in New York

The principal office where Pomona Management LLC performs its advisory services is located at 780 Third Avenue, New York, NY 10017, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 212-593-3639 or by fax 212-593-3987. The normal business hours are 8:30 am - 5:00 pm on Monday - Friday. You can find more information about the New York firm at pomonacapital.com.