Bloom Tree Partners, LLC (New York)

Bloom Tree Partners, LLC is a large advisory firm based in New York. It manages $1.92 billion of regulatory assets for 8 client accounts. It has been registered with the SEC as an adviser since 2013 and has operated in the jurisdictions of Michigan, New York, and Virginia.

Bloom Tree Partners 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.

Bloom Tree Partners: assets under management

The assets under management (AUM) of Bloom Tree Partners, LLC is $1.92 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 454% since the beginning of its operation, and $731.99 million of the total AUM is attributable to clients outside of the United States.

The firm manages $1.92 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $240 million each.

Bloom Tree Partners has custody of $1.68 billion in cash and securities for 7 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in exchange traded securities the most. They account for 54% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 44% of the firm’s portfolio. Investments in derivatives form 2% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Bloom Tree Partners, LLC 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 Bloom Tree Partners serves?

The only and largest group of clients of Bloom Tree Partners is pooled investment vehicles with 7 clients and $1.68 billion of assets under management. Among the 12 most similar advisory firms, Bloom Tree Partners has the 5th lowest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $1.68 billion for 7 clients. 38% of the firm’s clients are foreign persons or businesses.

Bloom Tree Partners also advises several private funds. Namely, four hedge funds. The minimum investment commitment required of non-related persons ranges from $0 to $1,000,000.

Careers at Bloom Tree Partners, LLC

The company employs 10 people that are either part- or full-time employees. 50 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
Alok Agrawal	Chief executive officer, managing member	1 May 2008	75% - 100%	6038598
Nitin Remigio Wadke	Chief financial officer, chief compliance officer	1 Sep 2009	Other	3073517

Based in New York

The principal office where Bloom Tree Partners, LLC performs its advisory services is located at 101 Park Avenue, New York, NY 10178, which is also the mailing address of the firm. An additional office of the firm is in Richmond, VA. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 212-716-2615 or by fax 917-591-2970. The normal business hours are 8am-6pm on Monday - Friday.