Tig Advisors LLC is a large advisory firm based in New York. It manages $3.45 billion of regulatory assets for 19 client accounts. It has been registered with the SEC as an adviser since 2005.
Tig Advisors 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.
The assets under management (AUM) of Tig Advisors LLC is $3.45 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 94% since the beginning of its operation, and $3.45 billion of the total AUM is attributable to clients outside of the United States.
The advisory firm has several streams of revenue. Clients pay Tig Advisors 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.
The only and largest group of clients of Spiros Maliagros is pooled investment vehicles with 19 clients and $3.45 billion of assets under management. Among the 11 most similar advisory firms, Tig Advisors has the 3rd highest percentage of pooled investment vehicles out of all clients.
The amount of regulatory assets under management is $3.45 billion for 19 clients. 78% of the firm’s clients are foreign persons or businesses.
Tig Advisors also advises several private funds. Namely, sixteen hedge funds. The minimum investment commitment required of non-related persons ranges from $250,000 to $1,000,000.
The company employs 44 people that are either part- or full-time employees. 36 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.
There are 4 people with the role of looking for and bringing in new clients on behalf of the firm. The firm compensates employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.
Spiros Maliagros has been acting as President since 1 Jun 2007. Stuart Louis Lippman has served as the Chief Investment Officer since 1 Sep 2012. Llc Tig Trinity Management joined the executive team most recently as the Sole Member.
The principal office where Tig Advisors LLC performs its advisory services is located at 520 Madison 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 212-759-0340 or by fax 212-644-4470. The normal business hours are 9am - 5pm on Monday - Friday. You can find more information about the New York firm at tigfunds.com.