Llr Management, L.P. is a large advisory firm based in Philadelphia. It manages $2.59 billion of regulatory assets for 9 client accounts. It has been registered with the SEC as an adviser since 2012 and has operated in the jurisdiction of Pennsylvania.
Llr 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.
The assets under management (AUM) of Llr Management, L.P. is $2.59 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 117% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
The advisory firm has several streams of revenue. Clients pay Llr Management, L.P. 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.
The only and largest group of clients of Llr Management is pooled investment vehicles with 9 clients and $2.59 billion of assets under management. Among the 9 most similar advisory firms, Llr Management has the 3rd highest percentage of pooled investment vehicles out of all clients.
The amount of regulatory assets under management is $2.59 billion for 9 clients. None of the firm’s clients are foreign persons or businesses.
Llr Management also advises several private funds. Namely, nine private equity funds. The minimum investment commitment required of non-related persons ranges from $250,000 to $1,000,000.
The company employs 49 people that are either part- or full-time employees. 63 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.
There’s a single person 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.
The principal office where Llr Management, L.P. performs its advisory services is located at 2929 Arch Street, Philadelphia, PA 19104 2868, 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 215-717-2900 or by fax 215-717-2270. The normal business hours are 9 am - 5 pm on Monday - Friday. You can find more information about the New York firm at llrpartners.com.