Caligan Partners, LP (New York)

Name: Caligan Partners, LP
Address: 520 Madison Ave, New York, NY, 10022
Telephone: 646-859-8204

Caligan Partners, LP is a mid-sized advisory firm based in New York. It manages $30.65 million of regulatory assets for 3 client accounts. It has been registered with the SEC as an adviser since 2018.

Caligan Partners provides portfolio management for individuals and small businesses, portfolio management for pooled investment vehicles, and portfolio management for other investment advisers. It prepares financial plans for less than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

Caligan Partners: assets under management

The assets under management (AUM) of Caligan Partners, LP is $30.65 million, all of which is managed in discretionary accounts. $25.65 million of the total AUM is attributable to clients outside of the United States.

The firm manages $30.65 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $10.22 million each.

Investments

The firm invests in cash and cash equivalents the most. They account for 74% of the total AUM. The second-largest asset type is exchange traded securities, which make up 26% of the firm’s portfolio.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Caligan Partners, 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 Caligan Partners serves?

The firm provides services to other investment advisers, high net worth individuals, and pooled investment vehicles. The largest group of clients of Caligan Partners is pooled investment vehicles with 1 clients and $23.84 million of assets under management. Among the 2 most similar advisory firms, Caligan Partners has the highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $30.65 million for 3 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 84% of the firm’s clients are foreign persons or businesses.

Caligan Partners also advises several private funds. Namely, one hedge fund. The minimum investment commitment required of non-related persons is $50,000 for each fund.

Careers at Caligan Partners, LP

The company employs 2 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
Sarah Bates Johnson	Trustee - johnson investment trust	1 Jul 2014	Other	6862831
Caligan Partners Gp Llc	General partner	1 Aug 2017	Other	82-2603148
David Edward Johnson	Partner / limited partner / chief compliance officer	1 Aug 2017	25% - 50%	4675467
Samuel Joseph Merksamer	Partner / limited partner	1 Aug 2017	25% - 50%	6850205
Johnson Investment Trust	Limited partner	1 Aug 2017	Other	36-7645895

Based in New York

The principal office where Caligan Partners, LP performs its advisory services is located at 520 Madison Ave, 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 646-859-8204. The normal business hours are 8:00 am - 6:00 pm on Monday - Friday. You can find more information about the New York firm at caliganpartners.com/.