Medalist Partners LP (New York)

Name: Medalist Partners LP
Address: 777 Third Avenue, New York, NY, 10017
Telephone: 212-493-4477

Medalist Partners LP is a large advisory firm based in New York. It manages $1.58 billion of regulatory assets for 15 client accounts. It has been registered with the SEC as an adviser since 2018.

Medalist Partners provides portfolio management for investment companies and 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.

Medalist Partners: assets under management

The assets under management (AUM) of Medalist Partners LP is $1.58 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 40% since the beginning of its operation, and $1.52 billion of the total AUM is attributable to clients outside of the United States.

The firm manages $1.58 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $105.55 million each.

Medalist Partners has custody of $10.01 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 Medalist Partners 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 Medalist Partners serves?

The firm provides services to investment companies and pooled investment vehicles. The largest group of clients of Medalist Partners is pooled investment vehicles with 14 clients and $1.56 billion of assets under management. Among the 5 most similar advisory firms, Medalist Partners has the highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $1.58 billion for 15 clients. 73% of the firm’s clients are foreign persons or businesses.

Medalist Partners also advises several private funds. Namely, one hedge fund and eight private equity funds. The minimum investment commitment required of non-related persons ranges from $0 to $5,000,000.

Careers at Medalist Partners LP

The company employs 17 people that are either part- or full-time employees. 65 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.

There are 10 people 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
Gregory Peter Richter	Member of medalist partners harvest gp, llc	1 Aug 2012	50% - 75%	1455537
Brian Thomas Herr	Member of medalist partners harvest gp, llc	1 Aug 2012	Other	2899744
Judy Zhuqing Sun	Member of medalist partners harvest gp, llc	1 Aug 2012	Other	4972659
Gregory Peter Richter	Member of medalist partners opportunity gp, llc	1 Apr 2016	50% - 75%	1455537
Brian Thomas Herr	Member of medalist partners opportunity gp, llc	1 Apr 2016	25% - 50%	2899744
Gregory Peter Richter	Chief executive officer, co-head of structured credit & asset finance, partner, manager & member of general partner	1 Jan 2018	50% - 75%	1455537
Brian Thomas Herr	Chief investment officer, co-head of structured credit & asset finance and partner, manager & member of general partner	1 Jan 2018	25% - 50%	2899744
Medalist Partners General Llc	General partner	1 Jan 2018	Other	82-4391342
Michael C Ardisson	Head of business development, chief operating officer & partner	1 Mar 2018	Other	4493516
Gregory Peter Richter	Member of medalist partners opportunity ii, llc	1 Apr 2018	50% - 75%	1455537
Brian Thomas Herr	Member of medalist partneres opportunity ii, llc	1 Apr 2018	25% - 50%	2899744
Gurdev Dillon	Chief compliance officer; chief financial officer	1 May 2018	Other	2954941

Based in New York

The principal office where Medalist Partners LP performs its advisory services is located at 777 Third Avenue, New York, NY 10017, 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 212-493-4477 or by fax 212-493-4476. The normal business hours are 8:00 am - 6:00 pm on Monday - Friday. You can find more information about the New York firm at medalistpartners.com.