Agl Credit Management LP (New York)

Name: Agl Credit Management LP
Address: 1185 Avenue Of The Americas, New York, NY, 10036
Telephone: 212-973-8600

Agl Credit Management LP is a large advisory firm based in New York. It manages $650 million of regulatory assets for 3 client accounts. It has been registered with the SEC as an adviser since 2019 and has operated in the jurisdiction of New York.

Agl Credit Management 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.

Agl Credit Management: assets under management

The assets under management (AUM) of Agl Credit Management LP is $650 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 0% since the beginning of its operation, and $500 million of the total AUM is attributable to clients outside of the United States.

The firm manages $650 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $216.67 million each.

Agl Credit Management has custody of $650 million in cash and securities for 3 clients in total but doesn’t act as a qualified custodian.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Agl Credit Management LP 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 Agl Credit Management serves?

The only and largest group of clients of Agl Credit Management is pooled investment vehicles with 3 clients and $650 million of assets under management. Among the 7 most similar advisory firms, Agl Credit Management has the highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $650 million for 3 clients. None of the firm’s clients are foreign persons or businesses.

Agl Credit Management also advises several private funds. Namely, four hedge funds. The minimum investment commitment required of non-related persons ranges from $50,000,000 to $150,000,000.

Careers at Agl Credit Management LP

The company employs 13 people that are either part- or full-time employees. 46 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
Peter Nmn Gleysteen	Principal	1 Nov 2018	Other	2314851
Agl Holdings Llc	Owner	1 Nov 2018	75% - 100%	83-1649588
Mark Joseph Deangelis	Chief compliance officer	1 Nov 2018	Other	2827088
Thomas Haskell Lee	Non-executive chairman	1 Mar 2019	Other	305494
John Shen Ryan	Chief administrative officer	1 Mar 2019	Other	1425070
Wynne Richards Comer	Chief operating officer	1 May 2019	Other	1540806
Wynne Elizabeth Comer	Chief operating officer	1 May 2019	Other	1540806

Indirect Owners

The SEC currently registers 5 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Platinum International Investment Holdings Rsc Limited	Owner	1 Jan 2018	75% - 100%	foreign entity
Abu Dhabi Investment Authority	Owner	1 Jan 2018	75% - 100%	foreign entity
Canis Marinum Llc	Owner	1 Mar 2019	25% - 50%	46-4806119
Renate C Gleysteen	Owner	1 Mar 2019	25% - 50%	7091921
Platinum Falcon B 2018 Rsc Limited	Owner	1 Mar 2019	25% - 50%	foreign entity

Based in New York

The principal office where Agl Credit Management LP performs its advisory services is located at 1185 Avenue Of The Americas, New York, NY 10036, 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 212-973-8600 or by fax 212-973-8698. The normal business hours are 8am-6pm on Monday - Friday. You can find more information about the New York firm at linkedin.com/company/35612467/ and its LinkedIn profile.