Farallon Capital Management, L.L.C. (San Francisco)

Name: Farallon Capital Management, L.L.C.
Address: One Maritime Plaza, San Francisco, CA, 94111
Telephone: 415-421-2132

Farallon Capital Management, L.L.C. is a large advisory firm based in San Francisco. It manages $33.64 billion of regulatory assets for 54 client accounts. It has been registered with the SEC as an adviser since 2003 and has operated in the jurisdictions of California and Delaware.

Farallon Capital Management, L.L.C 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.

Farallon Capital Management, L.L.C: assets under management

The assets under management (AUM) of Farallon Capital Management, L.L.C. is $33.64 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 318% since the beginning of its operation, and $15.85 billion of the total AUM is attributable to clients outside of the United States.

The firm manages $33.64 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $623.03 million each.

Farallon Capital Management, L.L.C has custody of $31.96 billion in cash and securities for 54 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in non-exchange traded securities the most. They account for 77% of the total AUM. The second-largest asset type is other assets, which make up 22% of the firm’s portfolio. Investments in cash and cash equivalents form 1% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Farallon Capital Management, L.L.C. 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 Farallon Capital Management, L.L.C serves?

The only and largest group of clients of Farallon Capital Management, L.L.C is pooled investment vehicles with 49 clients and $33.56 billion of assets under management. Among the 6 most similar advisory firms, Farallon Capital Management, L.L.C has the highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $33.56 billion for 49 clients. 50% of the firm’s clients are foreign persons or businesses.

Farallon Capital Management, L.L.C also advises several private funds. Namely, forty three hedge funds. The minimum investment commitment required of non-related persons ranges from $0 to $60,000,000.

Careers at Farallon Capital Management, L.L.C.

The company employs 148 people that are either part- or full-time employees. 36 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
Thomas Fahr Steyer	Senior managing member	1 Apr 1996	25% - 50%	1233313
Joseph Francis Downes	Managing member	1 Apr 1996	Other	1410971
Stephen Millham	Managing member	1 Apr 1996	Other	2790136
William Fredrick Mellin	Managing member	1 Apr 1996	Other	1750521
David Cohen	Managing member	1 Apr 1996	25% - 50%	2429698
Stephen Lewis Millham	Managing member	1 Apr 1996	Other	2790136
William Frederick Mellin	Managing member	1 Apr 1996	Other	1750521
David Isaac Cohen	Managing member	1 Apr 1996	25% - 50%	2429698
Richard Brachman Fried	Managing member (fcm)	1 Jan 1999	Other	4344153
William Duhamel	Managing member	1 Jan 1999	Other	2847674
William Francis Duhamel	Managing member	1 Jan 1999	Other	2847674
Mark Christopher Wehrly	Managing member, special counsel & chief operating officer (7/2014) (fcm)	1 Jan 2000	Other	4344163
Monica Rose Landry	Managing member (fcm)	1 Jan 2001	Other	4344165
Gregory Siemon Swart	Chief financial officer & managing member(1/2006) (fcm)	1 Feb 2003	Other	4630748
Derek Christopher Schrier	Managing member	1 Jul 2003	Other	4702432
Chun R Ding	Managing member	1 Jul 2003	Other	4702452
Rajiv Anant Patel	Managing member (fcm)	1 Jan 2004	Other	2404836
Charles Erwin Ellwein	Managing member	1 Jan 2004	Other	2091983
Kirstin Janette Lynch	Chief compliance officer (fcm)	1 Oct 2004	Other	4872266
George Raymond Zage	Director (farallon asia)	1 Jan 2005	Other	2538668
L.P. Noonday Asset Management	Non-voting member	1 Jan 2005	Other	33-1106238
Andrew James Mclean Spokes	Director (farallon asia)	1 Jul 2005	Other	1983183
Gregory Siemon Swart	Managing member	1 Jan 2006	Other	4630748
Alice Frances Evarts	Managing member	1 Jan 2006	Other	5118079
Jason Erwin Moment	Managing member	1 Jan 2006	Other	5118081
George Raymond Zage	Director (farallon hk)	1 Aug 2006	Other	2538668
Rajiv And Krutika Patel 2006 Trust	Trust; trustees are rajiv patel and krutika patel (fcm)	1 Nov 2006	Other	xxx-xx-xxxx
Douglas Merritt Macmahon	Managing member	1 Jan 2007	Other	5311768
Andrew James Mclean Spokes	Director (farallon hk)	1 Jul 2007	Other	1983183
Nancy Bingyun Wu	Director (farallon hk)	1 Jul 2007	Other	2773116
Ashish Harishchandra Pant	Managing member	1 Jul 2007	Other	5376359
Andrew James Mclean Spokes	Managing partner and senior managing member (fcm)	1 Aug 2007	25% - 50%	1983183
Michael Dean Wall	Controller, treasurer & chief accountant (farallon asia)	1 Feb 2008	Other	5497818
Daniel Joseph Hirsch	Managing member (fcm)	1 Jan 2009	Other	5651925
Richard Hian Kee Voon	Managing member	1 Jan 2009	Other	5651927
Paul Andrew Caldwell	Member executor (farallon japan)	1 Mar 2009	Other	6044349
Andrew James Mclean Spokes	Member executor (noonday japan)	1 Mar 2009	Other	1983183
Davide Leone	Managing member	1 Oct 2009	Other	5069595
Thomas Gerald Roberts	Managing member (fcm)	1 Apr 2010	Other	5653061
Michael Grant Linn	Managing member (fcm)	1 Jul 2010	Other	3129850
John Russell Warren	Managing member (fcm)	1 Jan 2011	Other	3094530
Daniel Krepel Goldberg	Director (farallon lat. am.)	1 Aug 2011	25% - 50%	6031224
Steyer/Taylor Revocable Trust	Trust; trustees are thomas f. steyer and katherine taylor (fcm)	1 Nov 2011	25% - 50%	xxx-xx-xxxx
Robert Joseph Ceremsak	Managing member (fcm)	1 Jan 2012	Other	1402439
L.L.C. Farallon Capital Management	Shareholder (farallon lat. am.)	1 Feb 2012	50% - 75%	107322
L.L.C. Farallon Capital Management	Shareholder (farallon asia)	1 Jan 2013	75% - 100%	107322
Wehrly Family Trust	Trust; trustees are mark c. wehrly and jill a. wehrly (fcm)	1 Jan 2013	Other	xxx-xx-xxxx
The Frank Linn Family Trust	Trust; trustees are michael g. linn and cheryl e. frank (fcm)	1 Jan 2013	Other	xxx-xx-xxxx
Monica Rose Landry Trust	Trust; trustee is monica r. landry (fcm)	1 Jan 2013	Other	xxx-xx-xxxx
Antenor Camargo	Shareholder (farallon lat. am.)	1 Dec 2013	Other	6304117
Felipe Ferreira Villar Coelho	Shareholder (farallon lat. am.)	1 Dec 2013	Other	6304118
Emanuel Goncalves Dutra	Shareholder (farallon lat. am.)	1 Dec 2013	Other	2647174
David Kim	Managing member (fcm)	1 Jan 2014	Other	6296129
Michael Benjamin Fisch	Managing member & general counsel (fcm)	1 Jul 2014	Other	6362111
Marco Mordehachvili	Shareholder (farallon lat. am.)	1 Sep 2014	Other	6458838
Ashish Gupta	Partner (farallon asia)	1 Jan 2015	Other	6464244
L.L.C. Farallon Partners	Shareholder (farallon hk)	1 Apr 2015	75% - 100%	94-3240280
David Adam Posner	Managing member	1 Jan 2017	Other	2793341
William Stephens Seybold	Managing member	1 Jan 2017	Other	6762984
Philip David Dreyfuss	Managing member	1 Jan 2017	Other	6767565
Ravi Krishna Paidipaty	Managing member (fcm)	1 Jan 2017	Other	4560494
L.P. Farallon Capital Management	Member	1 Apr 2018	75% - 100%	94-3240279
Cameron Anthony Hillyer	Chief financial officer	1 May 2019	Other	6027922

Indirect Owners

The SEC currently registers 20 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
L.L.C. Noonday Capital	General partner	1 Jan 2005	Other	33-1106236
David Isaac Cohen	Managing member	1 Jan 2005	75% - 100%	2429698
Saurabh Kumar Mittal	Managing member	1 Oct 2005	Other	5069575
Thomas Gerald Roberts	Managing member	1 Jan 2009	Other	5653061
Andrew James Mclean Spokes	Senior managing member	1 Dec 2012	25% - 50%	1983183
Andrew James Mclean Spokes	Limited partner	1 Apr 2018	25% - 50%	1983183
L.L.C. Farallon Capital Management (Gp)	General partner	1 Apr 2018	Other	82-4852722
Richard Brachman Fried	Managing member	1 Apr 2018	Other	4344153
Mark Christopher Wehrly	Managing member	1 Apr 2018	Other	4344163
Monica Rose Landry	Managing member	1 Apr 2018	Other	4344165
Gregory Siemon Swart	Managing member	1 Apr 2018	Other	4630748
Rajiv Anant Patel	Managing member	1 Apr 2018	Other	2404836
Thomas Gerald Roberts	Managing member	1 Apr 2018	Other	5653061
Michael Grant Linn	Managing member	1 Apr 2018	Other	3129850
John Russell Warren	Managing member	1 Apr 2018	Other	3094530
David Kim	Managing member	1 Apr 2018	Other	6296129
Michael Benjamin Fisch	Managing member	1 Apr 2018	Other	6362111
David Adam Posner	Managing member	1 Apr 2018	Other	2793341
William Stephens Seybold	Managing member	1 Apr 2018	Other	6762984
Philip David Dreyfuss	Managing member	1 Apr 2018	Other	6767565

Based in San Francisco

The principal office where Farallon Capital Management, L.L.C. performs its advisory services is located at One Maritime Plaza, San Francisco, CA 94111, 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 415-421-2132 or by fax 415-421-2133. The normal business hours are 6:00 a.m. to 5:00 p.m. on Monday - Friday. You can find more information about the New York firm at faralloncapital.com.