Venn Global Macro Advisors LP (New York)

Venn Global Macro Advisors LP is a large advisory firm based in New York. It manages $266 million of regulatory assets for 3 client accounts. It has been registered with the SEC as an adviser since 2018.

Venn Global Macro Advisors provides portfolio management for individuals and small businesses and 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.

Venn Global Macro Advisors: assets under management

The assets under management (AUM) of Venn Global Macro Advisors LP is $266 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 33% since the beginning of its operation, and $266 million of the total AUM is attributable to clients outside of the United States.

The firm manages $266 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $88.67 million each.

Venn Global Macro Advisors has custody of $52.6 million in cash and securities for 2 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in cash and cash equivalents the most. They account for 99% of the total AUM. The second-largest asset type is derivatives, which make up 1% of the firm’s portfolio.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Venn Global Macro Advisors LP 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 Venn Global Macro Advisors serves?

The firm provides services to pooled investment vehicles and corporations or other businesses. The largest group of clients of Venn Global Macro Advisors is corporations or other businesses with 1 clients and $213.4 million of assets under management. Among the 7 most similar advisory firms, Venn Global Macro Advisors has the highest percentage of corporations or other businesses out of all clients.

The amount of regulatory assets under management is $266 million for 3 clients. 100% of the firm’s clients are foreign persons or businesses.

Venn Global Macro Advisors also advises several private funds. Namely, one hedge fund. The minimum investment commitment required of non-related persons is $5,000,000 for each fund.

Careers at Venn Global Macro Advisors LP

The company employs 4 people that are either part- or full-time employees. 50 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
Venn Global Macro Advisers Gp Llc	Gp	1 Aug 2017	Other	82-2270564
Michael Plavnik	Ceo/cio	1 Aug 2017	75% - 100%	6848673
Alexander Gowen	Coo / cco	1 Aug 2017	Other	5486763

Based in New York

The principal office where Venn Global Macro Advisors LP performs its advisory services is located at 130 West 42 Nd Street, New York, NY 10036, 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 212-350-8850. The normal business hours are 8am-5pm on Monday - Friday.