12 Th Avenue Management, L.P. (New York)


12 Th Avenue Management, L.P. is a related adviser based in New York. It manages $9.32 million of regulatory assets for 4 client accounts. It has been registered with the SEC as an adviser since 2007 and has operated in the jurisdiction of New York.

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12 Th Avenue Management provides portfolio management for pooled investment vehicles and selection of other advisers. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

12 Th Avenue Management: assets under management

The assets under management (AUM) of 12 Th Avenue Management, L.P. is $9.32 million, all of which is managed in discretionary accounts. The firm's AUM has gone down by -81% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.


The firm manages $9.32 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $2.33 million each.
12 Th Avenue Management has custody of $9.32 million in cash and securities for 4 clients in total but doesn’t act as a qualified custodian.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay 12 Th Avenue Management, L.P. 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.

Indirect Owners

The SEC currently registers 22 indirect owners.

Name Entity Date acquired Ownership Employer ID
Marc Lasry Managing member of gl avenue employee management, llc 1 Dec 2002 75% - 100% 1576735
Sonia Esther Gardner Managing member of gl avenue employee management, llc 1 Dec 2002 Other 1821166
Llc Msm Management Limited partner of avenue management holdco, l.p. 1 Oct 2006 75% - 100% 20-5694049
Llc Avenue Management Holdco Genpar General partner of avenue management holdco, l.p. 1 Oct 2006 Other 20-5693752
Marc Lasry Managing member of avenue management holdco genpar, llc 1 Oct 2006 75% - 100% 1576735
Llc Gl Management Managing member of msm management, llc 1 Oct 2006 75% - 100% 20-5694166
Llc Avenue Investment Holdco Genpar General partner of avenue investment holdco, l.p. 1 Oct 2006 Other 20-5693675
Llc Msm Investment Limited partner of avenue investment holdco, l.p. 1 Oct 2006 75% - 100% 20-5693995
Llc Gl Investment Managing member of msm investment, llc 1 Oct 2006 75% - 100% 20-5694109
Sonia Esther Gardner Managing member of avenue management holdco genpar, llc 1 Oct 2006 Other 1821166
Malcolm Robinson Non-managing member 1 Oct 2006 25% - 50% 5123730
Ms Ars Holdings A Inc. Limited partner of avenue investment holdco, l.p. 1 Oct 2006 25% - 50% 99-9999999
Marc Lasry Managing member of gl strategic partners, llc 1 Apr 2007 75% - 100% 1576735
Sonia Esther Gardner Managing member of 12th avenue management genpar, llc 1 Apr 2007 Other 1821166
L.P. Avenue Management Holdco Non-managing member of 12th avenue management holdings, llc 1 Jul 2007 25% - 50% 20-5693574
12a Holdings Llc Non-managing member of 12th avenue management holdings, llc 1 Jul 2007 25% - 50% 26-0353550
Thomas E. Brady Member of 12a holdings llc 1 Jul 2007 75% - 100% 5367120
Llc 12th Management Holdings Managing member of 12th avenue management holdings, llc 1 Jul 2007 Other 26-0603787
Marc Lasry Managing member of 12th management holdings, llc 1 Jul 2007 75% - 100% 1576735
Llc 12a Holdings Non-managing member 1 Jul 2007 25% - 50% 26-0353550
Robert Russell Member of 12th avenue employee participation plan, llc 1 Dec 2007 75% - 100% 5365646
Llc Gl Avenue Employee Management Managing member of 12th avenue participation plan, llc 1 Dec 2007 75% - 100% 30-0144071

Based in New York

The principal office where 12 Th Avenue Management, L.P. performs its advisory services is located at 399 Park Avenue, New York, NY 10022, 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 212-878-3500 or by fax 212-486-1843. The normal business hours are 8:30 a.m. - 6:00 p.m. on Monday - Friday. You can find more information about the New York firm at avenuecapital.com.