Element Capital Management LLC (New York)

Name: Element Capital Management LLC
Address: 600 Lexington Avenue, New York, NY, 10022
Telephone: 212-993-7000

Element Capital Management LLC is a large advisory firm based in New York. It manages $54.82 billion of regulatory assets for 3 client accounts. It has been registered with the SEC as an adviser since 2012.

Element Capital Management provides portfolio management for pooled investment vehicles. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Element Capital Management: assets under management

The assets under management (AUM) of Element Capital Management LLC is $54.82 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 459% since the beginning of its operation, and $42.93 billion of the total AUM is attributable to clients outside of the United States.

The firm manages $54.82 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $18.27 billion each.

Element Capital Management has custody of $42.93 billion in cash and securities for 2 clients in total but doesn’t act as a qualified custodian.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Element Capital Management 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 Element Capital Management serves?

The only and largest group of clients of Element Capital Management is pooled investment vehicles with 3 clients and $54.82 billion of assets under management. Among the 6 most similar advisory firms, Element Capital Management has the 2nd highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $54.82 billion for 3 clients. 67% of the firm’s clients are foreign persons or businesses.

Element Capital Management also advises several private funds. Namely, one hedge fund. The minimum investment commitment required of non-related persons is $50,000,000 for each fund.

Careers at Element Capital Management LLC

The company employs 62 people that are either part- or full-time employees. 52 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 Marc Talpins	Chief investment officer & managing member	1 Feb 2007	75% - 100%	2923552
Leigh Michael Feuerstein	Chief operating officer, chief financial officer, & member	1 Apr 2008	Other	2521489
Jason David Stipanov	Chief risk officer	1 Jan 2010	Other	4821078
Richard Adam Walz	General counsel & chief compliance officer	1 Oct 2011	Other	5909985
Dov Eisner	Chief financial officer	1 Apr 2013	Other	6188847
Element Capital Partners I Ltd.	Member of element capital partners llp	1 Feb 2015	75% - 100%	foreign entity
Adam Anthony Prestandrea	Chief operating officer	1 Sep 2016	Other	4783661

Indirect Owners

The SEC currently registers 1 indirect owner.

Name	Entity	Date acquired	Ownership	Employer ID
Element Capital Management Llc	Shareholder	1 Jan 2015	75% - 100%	20-8502914

Based in New York

The principal office where Element Capital Management LLC performs its advisory services is located at 600 Lexington Avenue, New York, NY 10022, 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 212-993-7000 or by fax 212-993-7039. The normal business hours are 8 am - 6 pm on Monday - Friday. You can find more information about the New York firm at elementcapital.com and its LinkedIn profile.