General Atlantic Service Company, L.P. (New York)


General Atlantic Service Company, L.P. is a large advisory firm based in New York. It manages $30.7 billion of regulatory assets for 98 client accounts. It has been registered with the SEC as an adviser since 2018 and has operated in the jurisdictions of California, Connecticut, and New York.

Logo

General Atlantic Service Company provides portfolio management for individuals and small businesses, portfolio management for pooled investment vehicles, and investment advisory services to clients who serve as limited partners of private funds. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

General Atlantic Service Company: assets under management

The assets under management (AUM) of General Atlantic Service Company, L.P. is $30.7 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 50% since the beginning of its operation, and $13.49 billion of the total AUM is attributable to clients outside of the United States.


The firm manages $30.7 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $313.3 million each.

Investments

The firm invests in pooled investment vehicles the most. They account for 100% of the total AUM.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay General Atlantic Service Company, L.P. 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 General Atlantic Service Company serves?

The firm provides services to insurance companies, charitable organizations, high net worth individuals, pooled investment vehicles, corporations or other businesses, state or municipal government entities, and sovereign wealth funds and foreign official institutions. The largest group of clients of General Atlantic Service Company is pooled investment vehicles with 73 clients and $11.36 billion of assets under management. Among the 8 most similar advisory firms, General Atlantic Service Company has the lowest percentage of pooled investment vehicles out of all clients.


The amount of regulatory assets under management is $18.83 billion for 158 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 42% of the firm’s clients are foreign persons or businesses.

General Atlantic Service Company also advises several private funds. Namely, one other private fund and ninety nine private equity funds. The minimum investment commitment required of non-related persons ranges from $0 to $100,000,000.

Careers at General Atlantic Service Company, L.P.

The company employs 354 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 are 2 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
Steven Aaron Denning Managing director and chairman of gasc 1 Nov 1993 Other 4890591
David Charles Hodgson Managing director and vice chairman of gasc 1 Nov 1993 Other 4890592
Mark Francis Dzialga Limited partner and managing director of gasc 1 Jun 1998 Other 2088729
Rene Marc Kern Managing director gasc 1 Jun 1998 Other 2065653
Thomas John Murphy Managing director and chief financial officer of gasc 1 Aug 1998 Other 4384834
David Asher Rosenstein Managing director and general counsel of gasc 1 Jan 2005 Other 4899469
William Edward Ford Limited partner, managing director and chief executive officer of gasc 1 Feb 2005 Other 1665622
Inc Gasc Holdings Limited partner of gasc 1 Dec 2005 Other 74-3155524
Jonathan Craig Korngold Limited partner and managing director of gasc 1 Oct 2006 Other 2782948
Christopher Glenn Lanning Managing director of gasc 1 Oct 2006 Other 5297765
Anton Jonathan Levy Limited partner and managing director of gasc 1 Oct 2006 Other 2774238
Andrew Cornish Pearson Managing director of gasc 1 Oct 2006 Other 5297784
Gabriel Pierre Caillaux Managing director of gasc 1 Oct 2010 Other 4234693
Joseph Frank Brown Managing director and chief operating officer of gasc 1 Jun 2011 Other 6035822
Martin Emiliano Escobari Lifchitz Limited partner and managing director of gasc 1 Jan 2012 Other 6039783
Sandeep Achyut Naik Managing director of gasc 1 Dec 2012 Other 6177898
Nicholas Robbert Vorhoff Managing director of gasc 1 Jan 2014 Other 4269230
Andrew William Crawford Managing director of gasc 1 Jul 2014 Other 6466170
Edward Graves Tompkins Managing director of gasc 1 Jan 2015 Other 4565288
Alexander Charles Crisses Managing director of gasc 1 Jan 2016 Other 6630657
Joern Nikolay Managing director of gasc 1 Jan 2016 Other 6630660
Kelly Marie Pettit Chief compliance officer of gasc 1 Oct 2016 Other 5171882
Aaron Michael Goldman Managing director of gasc 1 Jan 2017 Other 3276935
Shantanu Rastogi Managing director of gasc 1 Jan 2017 Other 6774000
Chi Eric Zhang Managing director of gasc 1 Jan 2017 Other 6774001
Michelle Dipp Managing director of gasc 1 Oct 2017 Other 6032920
Pamela Fang Managing director of gasc 1 Nov 2017 Other 4339222
Wai Hoong Fock Managing director of gasc 1 Jan 2018 Other 6678874
Paul George Stamas Managing director of gasc 1 Jan 2018 Other 4833792
Llc Gasc Gp General partner of gasc 1 Jan 2018 Other 82-3698505
Tanzeen Syed Managing director of gasc 1 Jul 2018 Other xxx-xx-xxxx
Ashish Saboo Managing director of gasc 1 Jan 2019 Other 7086195
Christopher Caulkin Managing director of gasc 1 Jan 2019 Other 7086204
Roni Elchahal Managing director of gasc 1 Jan 2019 Other 7090447
Andrew Kerr Ferrer Managing director of gasc 1 Jan 2019 Other 4691908
Peter Grosvenor Munzig Managing director of gasc 1 Jan 2019 Other 4690881

Indirect Owners

The SEC currently registers 15 indirect owners.

Name Entity Date acquired Ownership Employer ID
Steven Aaron Denning Member of a committee that serves as the manager 1 Jan 2002 Other 4890591
William Edward Ford Member of a committee that serves as the manager 1 Jan 2002 Other 1665622
David Charles Hodgson Member of a committee that serves as the manager 1 Jan 2002 Other 4890592
Mark Francis Dzialga Member of a committee that serves as the manager 1 Jan 2002 Other 2088729
Rene Marc Kern Member of a committee that serves as the manager 1 Jan 2002 Other 2065653
Steven Aaron Denning Shareholder of gasc holdings, inc 1 Dec 2005 50% - 75% 4890591
David Charles Hodgson Shareholder of gasc holdings, inc 1 Dec 2005 50% - 75% 4890592
Jonathan Craig Korngold Member of a committee that serves as the manager 1 Jan 2012 Other 2782948
Anton Jonathan Levy Member of a committee that serves as the manager 1 Jan 2012 Other 2774238
Sandeep Achyut Naik Member of a committee that serves as the manager 1 Jan 2014 Other 6177898
Martin Emiliano Escobari Lifchitz Member of a committee that serves as the manager 1 Jan 2014 Other 6039783
Llc Gasc Mpg Member of gasc gp, llc 1 Jan 2018 75% - 100% 82-3698565
Edward Graves Tompkins Member of a committee that serves as the manager 1 Jan 2018 Other 4565288
Gabriel Pierre Caillaux Member of a committee that serves as the manager 1 Jan 2018 Other 4234693
Chi Eric Zhang Member of a committee that serves as the manager 1 Jan 2018 Other 6774001

Based in New York

The principal office where General Atlantic Service Company, L.P. performs its advisory services is located at 55 East 52 Nd Street, New York, NY 10055, which is also the mailing address of the firm. An additional office of the firm is in Palo Alto, CA. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number (212) 715-4000 or by fax (212) 759-5708. The normal business hours are 8:30 am - 5:00 pm on Monday - Friday. You can find more information about the New York firm at generalatlantic.com.