Perry Corp (New York)

Name: Perry Corp
Address: 595 Madison Ave, New York, NY, 10022
Telephone: 212-583-4000

Perry Corp is a large advisory firm based in New York. It manages $551.68 million of regulatory assets for 4 client accounts. It has been registered with the SEC as an adviser since 2001.

Perry Corp 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.

Perry Corp: assets under management

The assets under management (AUM) of Perry Corp is $551.68 million, all of which is managed in discretionary accounts. The firm's AUM has gone down by -82% since the beginning of its operation, and $351.18 million of the total AUM is attributable to clients outside of the United States.

The firm manages $551.68 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $137.92 million each.

Perry Corp has custody of $551.68 million in cash and securities for 4 clients in total but doesn’t act as a qualified custodian.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Perry Corp 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 Perry Corp serves?

The only and largest group of clients of Perry Corp is pooled investment vehicles with 4 clients and $551.68 million of assets under management. Among the 12 most similar advisory firms, Perry Corp has the 3rd highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $551.68 million for 4 clients. 50% of the firm’s clients are foreign persons or businesses.

Perry Corp also advises several private funds. Namely, four hedge funds. The minimum investment commitment required of non-related persons ranges from $5,000,000 to $10,000,000.

Careers at Perry Corp

The company employs 3 people that are either part- or full-time employees. 67 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
Chetan O Kapoor	Managing director	1 Jan 1975	Other	5307602
Richard Cayne Perry	Sole director, president & chief executive officer (perry corp.)	1 Sep 1988	75% - 100%	844466
Richard C Perry	Sole director, president & chief executive officer	1 Sep 1988	75% - 100%	844466
Paul Adam Leff	Senior managing director & chief investment officer	1 Nov 1988	Other	1314597
Richard Mark Crosby	Managing director and head trader	1 Jan 1992	Other	1687070
William John Feil	Managing director	1 Feb 1992	Other	4349885
William Joseph Vernon	Managing director, chief financial officer & chief compliance officer	1 Feb 1995	Other	2433320
Christopher Anthony Hohn	Managing director	1 Jan 1996	Other	4349888
Perry Capital	Managing member of perry capital l.l.c (relying adviser)	1 Jun 1998	25% - 50%	108861
International Investment Management L.L.C.	Member of perry capital l.l.c. (relying adviser)	1 Jun 1998	50% - 75%	13-3996212
Nathaniel Jeremy Klipper	Managing director	1 Jan 2001	Other	4500747
Carl David Berg	Managing director	1 Jan 2001	Other	2149237
Randall Lloyd Borkenstein	Managing director & controller	1 Jan 2001	Other	2764782
Lance Rosen	Head trader	1 Jan 2002	Other	2675817
Andrew Wayne Isikoff	Managing director	1 Jun 2002	Other	2924511
Robert M Stern	Managing director	1 Jun 2002	Other	2002146
Randall Lloyd Borkenstein	Managing partner & chief financial officer (perry corp.)	1 Jul 2002	Other	2764782
William Joseph Vernon	Managing director, head of marketing	1 Jul 2002	Other	2433320
Lance Adam Kravitz	Chief compliance officer	1 Jul 2002	Other	2051930
Lance Rosen	Managing director and head trader, u.s.	1 Apr 2003	Other	2675817
Elizabeth Dunn Haase	Managing director and head trader, europe	1 Apr 2003	Other	2712979
George Travers	Chief compliance officer	1 Aug 2003	Other	2596965
Alp Ercil	Managing director	1 Apr 2004	Other	2648482
Daniel Jacob Goldring	Managing director	1 Apr 2004	Other	2778340
Perry Capital Ltd.	Partner of perry capital uk llp (relying adviser)	1 Sep 2004	75% - 100%	foreign entity
Nathan James Brown	Chief financial officer of perry capital uk llp (relying adviser)	1 Sep 2004	Other	5509273
Matthew Wayne Etheridge	Managing director	1 Apr 2005	Other	4943560
Manish Mittal	Managing director	1 Apr 2005	Other	2526691
David Alan Russekoff	Managing director	1 Apr 2005	Other	1973017
Ori Baruch Uziel	Managing director	1 Apr 2005	Other	4943568
Emma Catherine Warson	Managing director	1 Apr 2005	Other	4943820
Michael Christopher Neus	General counsel and chief compliance officer	1 Apr 2005	Other	4457073
George Rogers Brokaw	Managing director	1 Aug 2005	Other	2360834
Ori Baruch Uziel	Managing partner	1 Jan 2006	Other	4943568
Eric O Bannasch	Managing director	1 Jan 2006	Other	5122246
Chuckra Potewiratananond Chai	Managing director	1 Jan 2006	Other	2648093
Lance Adam Kravitz	Managing director	1 Jan 2006	Other	2051930
Benjamin Jay Whitfield	Managing director	1 Jan 2006	Other	4489995
Andrew Wayne Isikoff	Managing partner	1 Jan 2007	Other	2924511
Robert M Stern	Managing partner	1 Jan 2007	Other	2002146
Matthew Wayne Etheridge	Managing partner	1 Jan 2007	Other	4943560
David Alan Russekoff	Managing partner	1 Jan 2007	Other	1973017
Emma Catherine Warson	Managing partner	1 Jan 2007	Other	4943820
Richard Bart Paige	Managing director	1 Jan 2007	Other	2402521
Gregory James Penny	Managing director	1 Jan 2007	Other	3105026
Chetan O Kapoor	Managing director	1 Jan 2007	Other	5307602
Tye Anthony Schlegelmilch	Managing director	1 Jan 2007	Other	3048953
David Mark Walch	Managing director	1 Jan 2008	Other	4563020
Jonathan Y Cheng	Managing director	1 Jan 2008	Other	4429173
Todd Thomas Westhus	Managing director	1 Jan 2008	Other	4252707
Adam Matthew Stanislavsky	Managing director	1 Jan 2008	Other	2311339
Nathan James Brown	Managing director	1 Jan 2008	Other	5509273
Jay Yang	Managing director	1 Jan 2008	Other	2526773
Alfredo Sabogal	Managing director	1 Mar 2009	Other	2146509
Mendel Hui	Managing director	1 Mar 2009	Other	4204830
Paul I Cheng Shih	Managing director	1 Mar 2009	Other	5655985
Michael Christopher Neus	Managing partner & general counsel (perry corp.)	1 Jan 2010	Other	4457073
John Joseph Mckenna	Chief compliance officer (perry corp.)	1 Jan 2010	Other	5755949
Chetan O Kapoor	Managing partner	1 Jan 2010	Other	5307602
Adam Matthew Stanislavsky	Managing partner	1 Jan 2010	Other	2311339
George Rogers Brokaw	Managing partner	1 Jan 2010	Other	2360834
Chetan Gulati	Managing director	1 Jan 2010	Other	5748773
Joanna Susan Nardini	Managing director	1 Jan 2010	Other	5748784
Yusuf Razaul Haque	Managing director	1 Mar 2010	Other	5904023
Aaron Selig Fink	Managing director	1 Jan 2011	Other	4224465
Himanshu Gulati	Managing director	1 Jan 2011	Other	4718752
Jungmin Lee	Managing director	1 Jan 2011	Other	5903979
Nuculaj Pretash	Managing director	1 Jan 2011	Other	5903983
Doreen Mary Mochrie	Managing director	1 Jan 2011	Other	1437463
Leigh Walzer	Managing director	1 Jan 2011	Other	1822102
Maulin P Shah	Managing director	1 Mar 2011	Other	3018606
David Alan Russekoff	Managing partner & chief investment officer (perry corp.)	1 Oct 2012	Other	1973017
Todd Thomas Westhus	Partner (perry corp.)	1 Jan 2013	Other	4252707
Doreen Mary Mochrie	Partner (perry corp.)	1 Jan 2013	Other	1437463
Nathan James Brown	Chief operating officer of perry capital uk llp (relying adviser)	1 Jan 2014	Other	5509273
Chetan Gulati	Managing director (relying adviser)	1 Jan 2014	Other	5748773
Paul Adam Leff	Vice chairman (perry corp.)	1 Jan 2014	Other	1314597
Himanshu Gulati	Partner (perry corp)	1 Jan 2014	Other	4718752
Brian Shanly	Chief compliance officer/co-chief financial officer	1 Dec 2016	Other	6738914
Lauren Levy	General counsel	1 Dec 2016	Other	6738918
Joanna Susan Nardini	Co-chief financial officer	1 Dec 2016	Other	5748784

Indirect Owners

The SEC currently registers 5 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Paul Adam Leff	Managing member	1 Mar 1998	Other	1314597
Richard Cayne Perry	Sole director, president & chief executive officer	1 Sep 1998	75% - 100%	844466
Perry Capital L.L.C (Relying Adviser)	Owner	1 Nov 2006	75% - 100%	13-4018098
Randall Lloyd Borkenstein	Managing member	1 Jan 2014	Other	2764782
Michael Christopher Neus	Managing member	1 Jan 2014	Other	4457073

Based in New York

The principal office where Perry Corp performs its advisory services is located at 595 Madison Ave, 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 212-583-4000 or by fax 212-583-4040. The normal business hours are 9:00 am to 5:00 pm on Monday - Friday. You can find more information about the New York firm at perrycap.com.