Anchorage Capital Group, L.L.C. (New York)

Name: Anchorage Capital Group, L.L.C.
Address: 610 Broadway, New York, NY, 10012
Telephone: 212-432-4600

Anchorage Capital Group, L.L.C. is a large advisory firm based in New York. It manages $29.79 billion of regulatory assets for 64 client accounts. It has been registered with the SEC as an adviser since 2011 and has operated in the jurisdictions of Delaware and New York.

Anchorage Capital Group, L.L.C provides portfolio management for pooled investment vehicles and portfolio management for businesses and institutional clients. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Anchorage Capital Group, L.L.C: assets under management

The assets under management (AUM) of Anchorage Capital Group, L.L.C. is $29.79 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 222% since the beginning of its operation, and $29.35 billion of the total AUM is attributable to clients outside of the United States.

The firm manages $29.79 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $465.45 million each.

Anchorage Capital Group, L.L.C has custody of $11.98 billion 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 Anchorage Capital Group, L.L.C. 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 Anthony Lynn Davis serves?

The only and largest group of clients of Anthony Lynn Davis is pooled investment vehicles with 64 clients and $29.79 billion of assets under management. Among the 7 most similar advisory firms, Anchorage Capital Group, L.L.C has the highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $29.79 billion for 64 clients. 75% of the firm’s clients are foreign persons or businesses.

Anchorage Capital Group, L.L.C also advises several private funds. Namely, fourteen hedge funds and twenty three securitized asset funds. The minimum investment commitment required of non-related persons ranges from $0 to $10,000,000.

Careers at Anchorage Capital Group, L.L.C.

The company employs 169 people that are either part- or full-time employees. 44 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.

Anthony Lynn Davis has been acting as President since 1 Jul 2003. Eric Rosenberg joined the executive team most recently as the Chief Financial Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Kevin Michael Ulrich	Chief executive officer	1 Jul 2003	Other	2657233
Anthony Lynn Davis	President	1 Jul 2003	Other	2931436
L.L.C. Anchorage Advisors Management	Managing member	1 Jul 2003	75% - 100%	20-0042478
Lp Reservoir Capital Partners	Member	1 Jul 2003	Other	13-4015473
Anne Marie Claire Kim	General counsel & chief compliance officer	1 Sep 2004	Other	5051180
Inc. Rcmf Anchorage	Member	1 Jan 2005	Other	20-0269724
Lp Reservoir Pca Fund (Cayman)	Member	1 Dec 2006	Other	98-0514444
Natalie Ann Birrell	Chief operating officer	1 Feb 2007	Other	4342297
Daniel Martin Allen	Senior portfolio manager	1 Aug 2008	Other	2221972
Eric Wade Sacks	Chief financial officer	1 Jan 2009	Other	4939698
David Young	Chief compliance officer	1 Aug 2014	Other	4930514
Jason Alexander Cohen	General counsel	1 May 2015	Other	6568919
Eric Rosenberg	Chief financial officer	1 Apr 2016	Other	4718734

Indirect Owners

The SEC currently registers 15 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Llc Rcgm	Managing member	1 Feb 1997	50% - 75%	13-3978510
Daniel Hennelly Stern	Senior managing member	1 Feb 1997	25% - 50%	2482544
Craig Allen Huff	Senior managing member	1 Feb 1997	25% - 50%	5075877
Llc Reservoir Capital Group	General partner	1 Dec 1998	Other	13-3978514
Ltd Rcmf	Limited partner	1 Jun 1999	75% - 100%	98-0604370
Lp Reservoir Capital Overseas Partners	Sole shareholder	1 Jun 1999	75% - 100%	13-4032293
Lp Reservoir Capital Master Fund	Sole shareholder	1 Oct 2003	75% - 100%	13-4032056
Lp Reservoir Capital Partners (Cayman)	Limited partner	1 Jan 2006	75% - 100%	98-0481301
Lp Reservoir Capital Investment Partners (Cayman)	Limited partner	1 Jan 2006	75% - 100%	98-0481298
Llc Rcp Gp	General partner	1 Jan 2006	Other	20-4552280
Llc Reservoir Capital Group	General partner	1 Jan 2006	Other	13-3978514
Llc Rcip Gp	General partner	1 Jan 2006	Other	20-4552280
Llc Reservoir Capital Group	General partner	1 Oct 2006	Other	13-3978514
Lp Reservoir Capital Partners	Limited partner	1 Dec 2006	25% - 50%	13-4015473
Lp Reservoir Capital Investment Partners	Limited partner	1 Dec 2006	25% - 50%	72-1599720

Based in New York

The principal office where Anchorage Capital Group, L.L.C. performs its advisory services is located at 610 Broadway, New York, NY 10012, 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 212-432-4600. The normal business hours are 8:30 a.m. - 6 p.m. est on Monday - Friday. You can find more information about the New York firm at anchoragecap.com.