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.
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 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. 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.
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.
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.
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.