Monarch Alternative Capital LP (New York)

Name: Monarch Alternative Capital LP
Address: 535 Madison Avenue, New York, NY, 10022 4214
Telephone: 212-554-1700

Monarch Alternative Capital LP is a large advisory firm based in New York. It manages $5.54 billion of regulatory assets for 9 client accounts. It has been registered with the SEC as an adviser since 2011 and has operated in the jurisdiction of New York.

Monarch Alternative Capital 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.

Monarch Alternative Capital: assets under management

The assets under management (AUM) of Monarch Alternative Capital LP is $5.54 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 2% since the beginning of its operation, and $5.45 billion of the total AUM is attributable to clients outside of the United States.

The firm manages $5.54 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $616 million each.

Monarch Alternative Capital has custody of $2.38 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 Monarch Alternative Capital 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 Monarch Alternative Capital serves?

The only and largest group of clients of Monarch Alternative Capital is pooled investment vehicles with 33 clients and $5.54 billion of assets under management. Among the 9 most similar advisory firms, Monarch Alternative Capital has the highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $5.54 billion for 33 clients. 73% of the firm’s clients are foreign persons or businesses.

Monarch Alternative Capital also advises several private funds. Namely, eleven hedge funds. The minimum investment commitment required of non-related persons ranges from $100,000 to $5,000,000.

Careers at Monarch Alternative Capital LP

The company employs 67 people that are either part- or full-time employees. 31 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
Michael Andrew Weinstock	Managing principal & ceo	1 Mar 2002	Other	1389494
Andrew Jon Herenstein	Managing principal	1 Mar 2002	Other	1536094
Christopher Michael Santana	Managing principal	1 Mar 2002	Other	3002225
Christopher M Santana	Managing principal	1 Mar 2002	Other	3002225
Mdra Gp Lp	General partner	1 Oct 2006	75% - 100%	20-8596790
Michael David Gillin	Director of operations	1 Jan 2007	Other	4533772
Josiah M Rotenberg	Managing principal	1 Jan 2007	Other	4057011
Josiah Meyer Rotenberg	Managing principal	1 Jan 2007	Other	4057011
Michael Mayer Maroof	Managing principal & chief financial officer	1 Nov 2007	Other	5997718
Michael Maroof	Chief financial officer	1 Nov 2007	Other	5997718
Stacey Harris Maman	Managing principal & director of investor relations and business development	1 Jan 2008	Other	3246016
Thomas Joseph Vigliotta	Managing principal	1 Jan 2009	Other	4270768
Michael John Kelly	Managing principal, general counsel & chief operating officer	1 Jun 2010	Other	5997709
Michael Kelly	Managing principal & chief legal officer	1 Jun 2010	Other	5997709
Patrick Joseph Bartels	Managing principal	1 Jan 2011	Other	4625688
Ronen Voloshin	Associate general counsel & chief compliance officer	1 Aug 2011	Other	5997717
Adam Roth Sklar	Managing principal	1 Jan 2012	Other	6017734
Josiah Meyer Rotenberg	Managing principal, monarch alternative capital (europe) ltd	1 Oct 2012	Other	4057011
William James Mcsorley	Chief technology officer	1 Jan 2014	Other	3075037
Roger William Schmitz	Managing principal	1 Mar 2014	Other	4811783
Agim Lolovic	Chief technology officer	1 Jan 2018	Other	6930395

Indirect Owners

The SEC currently registers 3 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Michael Andrew Weinstock	Owner	1 Oct 2006	25% - 50%	1389494
Andrew Jon Herenstein	Owner	1 Oct 2006	25% - 50%	1536094
Monarch Gp Llc	Owner	1 Oct 2006	Other	20-8596790

Based in New York

The principal office where Monarch Alternative Capital LP performs its advisory services is located at 535 Madison Avenue, New York, NY 10022 4214, 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 212-554-1700 or by fax 212-554-1701. The normal business hours are 8-6 on Monday - Friday. You can find more information about the New York firm at monarchlp.com.