Greenoak Real Estate, LP (New York)


Greenoak Real Estate, LP is a large advisory firm based in New York. It manages $5.85 billion of regulatory assets for 37 client accounts. It has been registered with the SEC as an adviser since 2012.

Greenoak Real Estate provides portfolio management for pooled investment vehicles and portfolio management for businesses and institutional clients. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Greenoak Real Estate: assets under management

The assets under management (AUM) of Greenoak Real Estate, LP is $5.85 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 4854% since the beginning of its operation, and $3.65 billion of the total AUM is attributable to clients outside of the United States.

The firm manages $5.85 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $158.21 million each.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Greenoak Real Estate, LP 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 Greenoak Real Estate serves?

The only and largest group of clients of Greenoak Real Estate is pooled investment vehicles with 37 clients and $5.85 billion of assets under management. Among the 10 most similar advisory firms, Greenoak Real Estate has the highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $5.85 billion for 37 clients. 59% of the firm’s clients are foreign persons or businesses.

Greenoak Real Estate also advises several private funds. Namely, nineteen real estate funds. The minimum investment commitment required of non-related persons ranges from $5,000,000 to $10,000,000.

Careers at Greenoak Real Estate, LP

The company employs 95 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 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
Karamjit Singh Kalsi Founder 1 Sep 2010 Other 2085405
John Anthony Carrafiell Founder 1 Sep 2010 Other 1748512
Frederick Katsuro Schmidt Founder 1 Sep 2010 Other 5955470
Andrew Young Yoon Chief operating officer 1 Sep 2010 Other 4007049
Philip Nmn Bland Chief financial officer 1 Sep 2010 Other 5069653
Greenoak Partners Llc General partner 1 Sep 2010 Other 42-1772918
Alpha Real Estate Capital Partners Ii Llc Limited partner 1 Sep 2010 Other 99-999999
Llc Dharma Real Estate Limited partner 1 Sep 2010 Other 80-0550109
Tetragon Capital Management Llc Limited partner 1 Sep 2010 Other 46-0524254
Polygon Management L.P. Limited partner 1 Sep 2010 Other 98-0646180
James Patrick Feeney Chief compliance officer 1 Sep 2011 Other 3234646
Kevin William Robinson General counsel 1 Dec 2011 Other 5949769
Tetragon Capital Management Llc Limited partner 1 Jan 2014 Other 80-0866348
Stacy Felice Scheehle Chief compliance officer 1 Feb 2014 Other 4113085
Miki Kamijyo Chief compliance officer 1 Mar 2015 Other 6463283
Llc Tml Holdings Limited partner 1 Jan 2016 Other 99-999999
Lori Ann Biancamano Chief financial officer 1 Feb 2016 Other 4692427
Tetragon Capital Management Ii Llc Limited partner 1 Apr 2017 Other 99-9999999
Greenoak Real Estate Holdings Lp Limited partner 1 Jul 2017 Other 82-2195111
Bentall Kennedy (U.S.) Lp Limited partner 1 Jul 2019 75% - 100% 111470

Indirect Owners

The SEC currently registers 43 indirect owners.

Name Entity Date acquired Ownership Employer ID
Tetragon Financial Group Limited Shareholder 1 Jul 2005 75% - 100% 98-0465086
Polygon Management Ltd. General partner 1 Jun 2009 Other 98-0646182
Patrick Giles Gauntlet Dear Member 1 Jun 2009 25% - 50% 1775223
Karamjit Singh Kalsi Member 1 May 2010 75% - 100% 2085405
John Anthony Carrafiell Member 1 May 2010 75% - 100% 1748512
Frederick Katsuro Schmidt Member 1 May 2010 25% - 50% 5955470
Polygon Partners L.P. Limited partner 1 Jun 2010 75% - 100% 27-4599833
Patrick Giles Gauntlet Dear Limited partner 1 Jun 2010 25% - 50% 1775223
Tetragon Financial Group Master Fund Limited Member 1 Sep 2010 75% - 100% 98-0465096
Reg Holdco Ii Ltd Limited partner 1 Jan 2012 50% - 75% 98-0634652
Reade Eugene Griffith Member 1 Jan 2012 75% - 100% 3155603
Patrick Giles Gauntlet Dear Individual 1 Oct 2012 Other 1775223
Reade Eugene Griffith Individual 1 Oct 2012 Other 3155603
Polygon Global Management Limited Member 1 Oct 2012 75% - 100% 98-0669583
Tfg Asset Management L.P. Member 1 Oct 2012 75% - 100% 98-0646180
Polygon Management Ltd. General partner 1 Oct 2012 Other 98-0646182
Polygon Topco Ltd. Limited partner 1 Oct 2012 75% - 100% 98-1078104
Tetragon Financial Group Master Fund Limited Member 1 Oct 2012 75% - 100% 98-0465096
Polygon Credit Holdings Ii Limited Voting shareholder 1 Oct 2012 75% - 100% foreign
Tetragon Capial Management Ii Llc Member 1 Oct 2012 75% - 100% 80-0866348
Polygon Management L.P. Member 1 Oct 2012 75% - 100% 98-0646180
Inc. Sun Life Financial (U.S.) Holdings Sole shareholder 1 Sep 2015 75% - 100% 04-3579262
Inc. Sun Life Assurance Company Of Canada U.S. Operations Holdings Sole shareholder 1 Sep 2015 75% - 100% 04-3401283
Sun Life Global Investments Inc. Sole shareholder 1 Sep 2015 75% - 100% 98-02260074
Sun Life Financial Inc. Sole shareholder 1 Sep 2015 75% - 100% 98-02260074
Frederick Katsuro Schmidt Member 1 Jan 2016 75% - 100% 5955470
Sun Life 2007 1 Financing Corp. Sole shareholder 1 Nov 2016 75% - 100% 98-0645594
Greenoak Real Estate Holdings Gp Llc General partner 1 Jul 2017 Other 82-2293466
John Anthony Carrafiell Limited partner 1 Jul 2017 25% - 50% 1748512
Karamjit Singh Kalsi Member 1 Jul 2017 50% - 75% 2085405
Kalsi Family Trust 2017 Limited partner 1 Jul 2017 25% - 50% 99-9999999
Tetragon Financial Group Limited Member 1 Dec 2018 75% - 100% 98-0465086
John Anthony Carrafiell Limited partner 1 Jul 2019 25% - 50% 1748512
Inc. Sun Life Investment Management U.S. Owner 1 Jul 2019 50% - 75% 68-0635051
Tetragon Financial Group Limited Member 1 Jul 2019 75% - 100% 98-0465086
Sun Life Financial (U.S.) Investments Llc Sole shareholder 1 Jul 2019 75% - 100% 04-3401283
Go Equity 1 Lp Limited partner 1 Jul 2019 25% - 50% 83-3403944
Go Equity Gp Llc General partner 1 Jul 2019 Other 83-3449259
Llc Dharma Real Estate Limited partner 1 Jul 2019 25% - 50% 80-0550109
Tetragon Go Equity Holdings Lp Limited partner 1 Jul 2019 25% - 50% 83-3963543
Tetragon Bgo Holdings Ii Llc Limited partner 1 Jul 2019 75% - 100% 84-2170700
Tetragon Capital Management Llc Owner 1 Jul 2019 75% - 100% 80-0866348
Llc Tetragon Go Equity Holdings Gp General partner 1 Jul 2019 Other 84-2491909

Based in New York

The principal office where Greenoak Real Estate, LP performs its advisory services is located at 285 Madison Avenue, New York, NY 10017, which is also the mailing address of the firm. An additional office of the firm is in Santa Monica, CA. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 212-359-7800 or by fax 212-359-7801. The normal business hours are 9:00am to 6:00pm on Monday - Friday. You can find more information about the New York firm at greenoakrealestate.com.