Sarissa Capital Management LP (Greenwich)


Sarissa Capital Management LP is a large advisory firm based in Greenwich. It manages $643.86 million of regulatory assets for 5 client accounts. It has been registered with the SEC as an adviser since 2013 and has operated in the jurisdiction of Connecticut.

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Sarissa 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.

Sarissa Capital Management: assets under management

The assets under management (AUM) of Sarissa Capital Management LP is $643.86 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 16096429975% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.


The firm manages $643.86 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $128.77 million each.
Sarissa Capital Management has custody of $599 million in cash and securities for 4 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in exchange traded securities the most. They account for 100% of the total AUM.

Fees & Commissions

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

The only and largest group of clients of Sarissa Capital Management is pooled investment vehicles with 4 clients and $599 million of assets under management. Among the 11 most similar advisory firms, Sarissa Capital Management has the 5th highest percentage of pooled investment vehicles out of all clients.


The amount of regulatory assets under management is $599 million for 4 clients. 14% of the firm’s clients are foreign persons or businesses.

Sarissa Capital Management also advises several private funds. Namely, two hedge funds. The minimum investment commitment required of non-related persons is $10,000,000 for each fund.

Careers at Sarissa Capital Management LP

The company employs 9 people that are either part- or full-time employees. 67 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 compensates employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Alexander John Denner has served as the Chief Investment Officer since 1 Apr 2013. Patrice Eadon Bonfiglio joined the executive team most recently as the Chief Financial Officer.

Direct owners and executive officers



Name Entity Date acquired Ownership Employer ID
Alexander John Denner Chief executive officer/chief investment officer 1 Apr 2013 75% - 100% 2816357
Mark Anthony Dipaolo Chief compliance officer/chief legal officer/general counsel 1 Apr 2013 Other 4955870
Sarissa Capital Management Gp Llc General partner 1 Apr 2013 Other 38-3895545
Richard Charles Mulligan Senior managing director 1 Apr 2013 Other 6174082
Mayuran Sriskandarajah Managing director 1 Apr 2013 Other 3261363
Seth Phillip Platt Chief compliance officer/chief operating officer 1 Apr 2013 Other 4996091
Patrice Eadon Bonfiglio Chief financial officer 1 Mar 2014 Other 6316123

Based in Greenwich

The principal office where Sarissa Capital Management LP performs its advisory services is located at 660 Steamboat Road, 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 203-302-2330 or by fax 203-930-1560. The normal business hours are 8:00am - 6:00pm on Monday - Friday. You can find more information about the New York firm at sarissacap.com.