Altaris Capital Partners, LLC (New York)

Name: Altaris Capital Partners, LLC
Address: 10 East 53 Rd Street, New York, NY, 10022
Telephone: 212-931-0250

Altaris Capital Partners, LLC is a large advisory firm based in New York. It manages $2.61 billion of regulatory assets for 5 client accounts. It has been registered with the SEC as an adviser since 2007 and has operated in the jurisdiction of New York.

Altaris Capital Partners provides portfolio management for pooled investment vehicles. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Altaris Capital Partners: assets under management

The assets under management (AUM) of Altaris Capital Partners, LLC is $2.61 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 391% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $2.61 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $521.11 million each.

Altaris Capital Partners has custody of $2.61 billion in cash and securities for 5 clients in total but doesn’t act as a qualified custodian.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Altaris Capital Partners, LLC for their services and products based on a percentage of assets under management and performance-based fees. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Altaris Capital Partners serves?

The only and largest group of clients of Altaris Capital Partners is pooled investment vehicles with 5 clients and $2.61 billion of assets under management. Among the 10 most similar advisory firms, Altaris Capital Partners has the 2nd highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $2.61 billion for 5 clients. None of the firm’s clients are foreign persons or businesses.

Altaris Capital Partners also advises several private funds. Namely, five private equity funds. The minimum investment commitment required of non-related persons ranges from $5,000,000 to $20,000,000.

Careers at Altaris Capital Partners, LLC

The company employs 16 people that are either part- or full-time employees. 100 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 doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
George Edward Aitken Davies	Regular member	1 Jan 2007	Other	4231140
Daniel Gabor Tully	Regular member	1 Jan 2007	25% - 50%	2438155
Michael Jay Kluger	Regular member	1 Jan 2007	25% - 50%	2103856
Llc Aig Altaris Health Capital	Special member	1 Jan 2007	Other	20-8805967
John Healey Moore	Chief compliance officer	1 Apr 2007	Other	5315269
L.P. Tyson Partners	Managing member	1 May 2007	75% - 100%	26-0318390
Phung Lai Diep	Chief compliance officer	1 Jan 2012	Other	4401139
George Edward Aitken Davies	Chief compliance officer	1 Mar 2017	Other	4231140
Charles Terrence Mullens	Chief compliance officer	1 Apr 2017	Other	4734208

Indirect Owners

The SEC currently registers 10 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Inc. American International Group	Shareholder	1 Jan 1996	75% - 100%	13-2592361
Aig Capital Corp.	Shareholder	1 Dec 2002	75% - 100%	60-0001373
Aig Global Asset Management Holdings Corp.	Member	1 Jan 2007	50% - 75%	13-3870953
Llc Altaris Partners	Member	1 Jan 2007	50% - 75%	20-8720149
Daniel Gabor Tully	Member	1 Apr 2007	25% - 50%	2438155
Michael Jay Kluger	Member	1 Apr 2007	25% - 50%	2103856
George Edward Aitken Davies	Limited partner	1 May 2007	25% - 50%	4231140
Daniel Gabor Tully	Limited partner	1 May 2007	25% - 50%	2438155
Michael Jay Kluger	Limited partner	1 May 2007	25% - 50%	2103856
Llc Altaris Partners	General partner	1 May 2007	Other	20-8720149

Based in New York

The principal office where Altaris Capital Partners, LLC performs its advisory services is located at 10 East 53 Rd Street, 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 212-931-0250 or by fax 212-931-0236. The normal business hours are 8:00 am - 5:00 pm on Monday - Friday. You can find more information about the New York firm at altariscap.com.