Pointstate Capital LP (New York)

Pointstate Capital LP is a large advisory firm based in New York. It manages $10.75 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 New York.

Pointstate Capital 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.

Pointstate Capital: assets under management

The assets under management (AUM) of Pointstate Capital LP is $10.75 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 57% since the beginning of its operation, and $8.41 billion of the total AUM is attributable to clients outside of the United States.

The firm manages $10.75 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $1.19 billion each.

Pointstate Capital has custody of $10.75 billion in cash and securities for 9 clients in total but doesn’t act as a qualified custodian.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Pointstate Capital LP 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 Joshua David Samuelson serves?

The only and largest group of clients of Joshua David Samuelson is pooled investment vehicles with 9 clients and $10.75 billion of assets under management. Among the 5 most similar advisory firms, Pointstate Capital has the highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $10.75 billion for 9 clients. 67% of the firm’s clients are foreign persons or businesses.

Pointstate Capital also advises several private funds. Namely, four hedge funds. The minimum investment commitment required of non-related persons is $1,000,000 for each fund.

Careers at Pointstate Capital LP

The company employs 74 people that are either part- or full-time employees. 64 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.

Joshua David Samuelson has been acting as President since 1 Aug 2014. Brian Austin Holmes joined the executive team most recently as the Chief Compliance Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Pointstate Capital Gp Llc	General partner	1 Oct 2010	Other	32-0320188
Sean Evans Cullinan	Limited partner; chairman and chief executive officer; managing member of pointstate capital gp llc	1 Oct 2010	Other	6026083
William Joseph Fenrich	Managing director; general counsel; chief compliance officer	1 Dec 2010	Other	2228437
John Robert Franke	Limited partner	1 Jan 2011	Other	6026138
Kenan Turnacioglu	Limited partner	1 Jan 2011	Other	4102344
Joshua David Samuelson	Limited partner	1 Jan 2011	Other	2721495
Zachary Jared Schreiber	Limited partner	1 Jan 2011	50% - 75%	6026157
Bradley Michael Sanford	Chief financial officer	1 May 2011	Other	6026108
Zachary Jared Schreiber	Chairman, chief executive officer, chief investment officer, managing member of pointstate capital gp, llc	1 Jun 2012	50% - 75%	6026157
Joshua David Samuelson	Vice chairman	1 Jun 2012	Other	2721495
William Joseph Fenrich	Chief operating officer	1 Jan 2013	Other	2228437
David Lee Gunton	Chief compliance officer; deputy general counsel	1 Feb 2013	Other	6176425
Bradley Michael Sanford	Chief compliance officer	1 Apr 2014	Other	6026108
Joshua David Samuelson	President	1 Aug 2014	Other	2721495
Kenan Turnacioglu	Vice chairman	1 Aug 2014	Other	4102344
Alfred John Barbagallo	Managing director, general counsel	1 Aug 2014	Other	6019880
Brian Austin Holmes	Chief compliance officer	1 Nov 2014	Other	3030826

Indirect Owners

The SEC currently registers 1 indirect owner.

Name	Entity	Date acquired	Ownership	Employer ID
Zachary Jared Schreiber	Member	1 Oct 2010	50% - 75%	6026157

Based in New York

The principal office where Pointstate Capital LP performs its advisory services is located at 40 West 57 Th Street, New York, NY 10019, 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 212-830-7000 or by fax 212-621-5700. The normal business hours are 9:00 am - 5:00 pm on Monday - Friday.