Great Point Partners, LLC (Greenwich)

Name: Great Point Partners, LLC
Address: 165 Mason Street, Greenwich, CT, 06830
Telephone: 203-971-3300

Great Point Partners, LLC is a large advisory firm based in Greenwich. It manages $1.53 billion of regulatory assets for 19 client accounts. It has been registered with the SEC as an adviser since 2012 and has operated in the jurisdictions of Connecticut and Georgia.

Great Point Partners 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.

Great Point Partners: assets under management

The assets under management (AUM) of Great Point Partners, LLC is $1.53 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 280% since the beginning of its operation, and $409.46 million of the total AUM is attributable to clients outside of the United States.

The firm manages $1.53 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $80.69 million each.

Great Point Partners has custody of $823.01 million in cash and securities for 16 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in exchange traded securities the most. They account for 82% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 17% of the firm’s portfolio. Investments in derivatives form 1% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Great Point Partners, LLC 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 Great Point Partners serves?

The firm provides services to other investment advisers and pooled investment vehicles. The largest group of clients of Great Point Partners is pooled investment vehicles with 17 clients and $1.26 billion of assets under management. Among the 13 most similar advisory firms, Great Point Partners has the 5th highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $1.53 billion for 19 clients. 16% of the firm’s clients are foreign persons or businesses.

Great Point Partners also advises several private funds. Namely, two hedge funds and fifteen private equity funds. The minimum investment commitment required of non-related persons ranges from $25,000 to $10,000,000.

Careers at Great Point Partners, LLC

The company employs 23 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
Jeffrey Robert Jay	Elected manager, member and managing director	1 Jan 2003	25% - 50%	1757824
David Eric Kroin	Elected manager, member and managing director	1 Jan 2003	25% - 50%	2912624
The Jay Family Spray Trust	Associated non-managing member	1 Oct 2003	Other	xxx-xx-xxxx
Ronald Marc Panzier	Chief compliance officer and chief financial officer	1 Jul 2010	Other	2515899
Adam B Dolder	Managing director	1 Sep 2012	Other	6177053
Adam Bills Dolder	Managing director	1 Sep 2012	Other	6177053
Ortav Yehudai	Managing director	1 Jun 2015	Other	4432769

Indirect Owners

The SEC currently registers 1 indirect owner.

Name	Entity	Date acquired	Ownership	Employer ID
Kevin Penn	Trustee	1 Oct 2003	Other	6468709

Based in Greenwich

The principal office where Great Point Partners, LLC performs its advisory services is located at 165 Mason Street, Greenwich, CT 06830, which is also the mailing address of the firm. An additional office of the firm is in Atlanta, GA. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 203-971-3300 or by fax 203-971-3320. The normal business hours are 8:00 - 5:00 on Monday - Friday. You can find more information about the New York firm at gppfunds.com and its LinkedIn profile.