Metalmark Management LLC (New York)

Name: Metalmark Management LLC
Address: 1177 Avenue Of The Americas, 40 Th Floor, New York, NY, 10036
Telephone: 212-823-1900

Metalmark Management LLC is a large advisory firm based in New York. It manages $2.97 billion of regulatory assets for 27 client accounts. It has been registered with the SEC as an adviser since 2004 and has operated in the jurisdiction of New York.

Metalmark 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.

Metalmark Management: assets under management

The assets under management (AUM) of Metalmark Management LLC is $2.97 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 17% since the beginning of its operation, and $817.62 million of the total AUM is attributable to clients outside of the United States.

The firm manages $2.97 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $109.91 million each.

Metalmark Management has custody of $5.33 million in cash and securities for 1 client in total but doesn’t act as a qualified custodian.

Fees & Commissions

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

The only and largest group of clients of Metalmark Management is pooled investment vehicles with 27 clients and $2.97 billion of assets under management. Among the 9 most similar advisory firms, Metalmark Management has the 2nd highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $2.97 billion for 27 clients. 41% of the firm’s clients are foreign persons or businesses.

Metalmark Management also advises several private funds. Namely, twenty five private equity funds. The minimum investment commitment required of non-related persons ranges from $0 to $2,000,000.

Careers at Metalmark Management LLC

The company employs 30 people that are either part- or full-time employees. 83 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
Metalmark Capital Llc	Member	1 May 2004	75% - 100%	20-1161350
Leigh Jonathan Abramson	Managing director / managing director - relying adviser	1 May 2004	Other	2083459
Kenneth Francis Clifford	Cfo, cco, and managing director / cfo, cco and managing director - relying adviser	1 May 2004	Other	1830922
Howard Ira Hoffen	Chairman, ceo and managing director / chairman, ceo and managing director - relying adviser	1 May 2004	Other	1996419
Michael Carey Hoffman	Managing director / managing director - relying adviser	1 May 2004	Other	1559447
Jeffrey Marc Siegal	Managing director / managing director - relying adviser	1 May 2004	Other	4450182
Eric Todd Fry	Managing director	1 May 2004	Other	1994937
John Joohahn Moon	Managing director	1 May 2004	Other	1875161
Gregory David Myers	Managing director / managing director - relying adviser	1 Jan 2006	Other	2262157
Mian Fazle Husain	Managing director / managing director - relying adviser	1 Sep 2007	Other	1748680
Vanessa Laura Adler	Director - relying adviser	1 Dec 2013	Other	2664895
David John Boudo	Director - relying adviser	1 Dec 2013	Other	2281918
Andrew Lee Feller	Managing director - relying adviser	1 Dec 2013	Other	2790611
Metalmark Capital Ii Holdings Llc	Managing member - relying adviser	1 Dec 2013	75% - 100%	32-0422942

Indirect Owners

The SEC currently registers 4 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Howard Ira Hoffen	Managing member	1 Feb 2004	25% - 50%	1996419
Metalmark Capital Ii Lp	Managing member	1 Dec 2013	75% - 100%	80-0966667
Metalmark Management Ii Gp Llc	General partner	1 Dec 2013	75% - 100%	38-3920710
Metalmark Capital Ii Llc	Managing member	1 Dec 2013	75% - 100%	90-1029477

Based in New York

The principal office where Metalmark Management LLC performs its advisory services is located at 1177 Avenue Of The Americas, 40 Th Floor, New York, NY 10036, 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 212-823-1900 or by fax 212-823-1901. The normal business hours are 9:00 a.m. - 6:00 p.m. on Monday - Friday. You can find more information about the New York firm at metalmarkcapital.com.