Rp Management, LLC (New York)


Rp Management, LLC is a large advisory firm based in New York. It manages $16.5 billion of regulatory assets for 13 client accounts. It has been registered with the SEC as an adviser since 2012 and has operated in the jurisdiction of New York.

Rp 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.

Rp Management: assets under management

The assets under management (AUM) of Rp Management, LLC is $16.5 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 135% since the beginning of its operation, and $11.62 billion of the total AUM is attributable to clients outside of the United States.

The firm manages $16.5 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $1.27 billion each.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Rp Management, 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 Rp Management serves?

The only and largest group of clients of Rp Management is pooled investment vehicles with 13 clients and $16.5 billion of assets under management. Among the 12 most similar advisory firms, Rp Management has the 3rd highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $16.5 billion for 13 clients. 71% of the firm’s clients are foreign persons or businesses.

Rp Management also advises several private funds. Namely, thirteen private equity funds.

Careers at Rp Management, LLC

The company employs 19 people that are either part- or full-time employees. 68 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
Pablo Gerardo Legorreta Chief executive officer and managing member 1 Aug 2003 75% - 100% 2550243
Pablo Legorreta Chief executive officer and managing member 1 Aug 2003 75% - 100% 2550243
Susannah Gray Executive vice president and chief financial officer 1 Jan 2005 Other xxx-xx-xxxx
Alexander Kwit Executive vice president 1 Jan 2007 Other xxx-xx-xxxx
James Folmar Reddoch Executive vice president 1 Jul 2008 Other 3028016
George Wingate Lloyd Executive vice president 1 Jul 2011 Other 6029472
George Lloyd Executive vice president and chief compliance officer 1 Jul 2011 Other 6029472
Douglas Peter Erb Chief compliance officer and chief administrative officer 1 Dec 2014 Other 6428170
Douglas Erb Chief compliance officer and chief administrative officer 1 Dec 2014 Other 6428170
Terrance Patrick Coyne Chief financial officer 1 Mar 2019 Other 5224286

Based in New York

The principal office where Rp Management, LLC performs its advisory services is located at 110 East 59 Th Street, Suite 3300, 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 212-883-0200 or by fax 212-883-2260. The normal business hours are 9am-6pm on Monday - Friday. You can find more information about the New York firm at royaltypharma.com and its LinkedIn profile.