Southpaw Asset Management, LP (Greenwich)

Name: Southpaw Asset Management, LP
Address: 2 West Greenwich Office Park, Greenwich, CT, 06831
Telephone: 203-862-6200

Southpaw Asset Management, LP is a large advisory firm based in Greenwich. It manages $1.48 billion of regulatory assets for 3 client accounts. It has been registered with the SEC as an adviser since 2005 and has operated in the jurisdiction of Connecticut.

Southpaw Asset 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.

Southpaw Asset Management: assets under management

The assets under management (AUM) of Southpaw Asset Management, LP is $1.48 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 1292% since the beginning of its operation, and $999.78 million of the total AUM is attributable to clients outside of the United States.

The firm manages $1.48 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $492.82 million each.

Southpaw Asset Management has custody of $1.16 billion in cash and securities for 3 clients in total but doesn’t act as a qualified custodian.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Southpaw Asset Management, 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 Southpaw Asset Management serves?

The only and largest group of clients of Southpaw Asset Management is pooled investment vehicles with 3 clients and $1.48 billion of assets under management. Among the 11 most similar advisory firms, Southpaw Asset Management has the 2nd highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $1.48 billion for 3 clients. 67% of the firm’s clients are foreign persons or businesses.

Southpaw Asset Management also advises several private funds. Namely, one hedge fund. The minimum investment commitment required of non-related persons is $1,000,000 for each fund.

Careers at Southpaw Asset Management, LP

The company employs 18 people that are either part- or full-time employees. 61 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
Southpaw Holdings Llc	General partner	1 Apr 2005	Other	20-2641309
Howard Jerome Golden	Limted partner	1 Apr 2005	25% - 50%	2583660
Kevin Marc Wyman	Limted partner	1 Apr 2005	25% - 50%	2465227
Robert Lewis Thompson	Chief financial officer	1 May 2005	Other	2293274
Michael John Andersen	Chief compliance officer/general counsel	1 Jul 2014	Other	2040794

Based in Greenwich

The principal office where Southpaw Asset Management, LP performs its advisory services is located at 2 West Greenwich Office Park, Greenwich, CT 06831, 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 203-862-6200 or by fax 203-862-6201. The normal business hours are 8:00 am - 6:00 pm on Monday - Friday. You can find more information about the New York firm at southpawassetmanagement.com.