Lucerne Capital Management, LP (Greenwich)

Name: Lucerne Capital Management, LP
Address: 35 Mason Street, Greenwich, CT, 06830
Telephone: 203-983-4400

Lucerne Capital Management, LP is a large advisory firm based in Greenwich. It manages $1.11 billion of regulatory assets for 9 client accounts. It has been registered with the SEC as an adviser since 2015 and has operated in the jurisdiction of Connecticut.

Lucerne 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.

Lucerne Capital Management: assets under management

The assets under management (AUM) of Lucerne Capital Management, LP is $1.11 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 55% since the beginning of its operation, and $600.26 million of the total AUM is attributable to clients outside of the United States.

The firm manages $1.11 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $123.08 million each.

Lucerne Capital Management has custody of $1.1 billion in cash and securities for 8 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in exchange traded securities the most. They account for 95% of the total AUM. The second-largest asset type is derivatives, which make up 5% of the firm’s portfolio.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Lucerne Capital Management, LP 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 Lucerne Capital Management serves?

The only and largest group of clients of Lucerne Capital Management is pooled investment vehicles with 8 clients and $1.1 billion of assets under management. Among the 10 most similar advisory firms, Lucerne Capital Management has the 3rd highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $1.1 billion for 8 clients. 56% of the firm’s clients are foreign persons or businesses.

Lucerne Capital Management also advises several private funds. Namely, four hedge funds. The minimum investment commitment required of non-related persons ranges from $0 to $1,145,700.

Careers at Lucerne Capital Management, LP

The company employs 12 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
Pieter Taselaar	Managing partner	1 Jun 2000	50% - 75%	1681549
Pieter Nmn Taselaar	Managing member	1 Jun 2000	50% - 75%	1681549
Matheus Gerardus Hovers	Non managing partner	1 Jan 2010	25% - 50%	5776038
Casey Brooke De Simone	Chief financial officer	1 Oct 2013	Other	6275259
Patrick Stephen Moroney	Chief operating officer/chief compliance officer	1 Dec 2014	Other	2383933
Llc Lucerne Capital General Partner	General partner	1 Jul 2015	Other	47-4530723

Based in Greenwich

The principal office where Lucerne Capital Management, LP performs its advisory services is located at 35 Mason Street, Greenwich, CT 06830, 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 203-983-4400 or by fax 203-983-4401. The normal business hours are 6:00 a.m. - 5:00 p.m. on Monday - Friday. You can find more information about the New York firm at lucernecap.com/.