Polar Capital LLP is a large advisory firm based in London. It manages $18.3 billion of regulatory assets for 28 client accounts. It has been registered with the SEC as an adviser since 2006.
Polar Capital provides portfolio management for pooled investment vehicles, portfolio management for businesses and institutional clients, and advisory services for private funds and managed accounts. 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 Polar Capital LLP is $18.3 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 618% since the beginning of its operation, and $18.3 billion of the total AUM is attributable to clients outside of the United States.
The advisory firm has several streams of revenue. Clients pay Polar Capital LLP 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.
The only and largest group of clients of Polar Capital is pooled investment vehicles with 26 clients and $17.77 billion of assets under management. Among the 10 most similar advisory firms, Polar Capital has the 2nd highest percentage of pooled investment vehicles out of all clients.
The amount of regulatory assets under management is $17.77 billion for 26 clients. 100% of the firm’s clients are foreign persons or businesses.
Polar Capital also advises several private funds. Namely, twenty three hedge funds. The minimum investment commitment required of non-related persons ranges from $1 to $116,000.
The company employs 139 people that are either part- or full-time employees. 40 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.
Gavin Mark Rochussen joined the executive team most recently as the Chief Executive Officer.
The principal office where Polar Capital LLP performs its advisory services is located at 16 Palace Street, London, Sw1 E 5 Jd, which is also the mailing address of the firm. An additional office of the firm is in Darien, CT. The firm also has an office outside of the United States.
You can reach the main office by calling the phone number 011 44 20 72272700 or by fax 011 44 20 72272799. The normal business hours are 9.00am - 5.00pm on Monday - Friday. You can find more information about the New York firm at polarcapital.co.uk.