Scopia Capital Management LP (New York)

Name: Scopia Capital Management LP
Address: 152 West 57 Th Street, New York, NY, 10019
Telephone: 212-370-0303

Scopia Capital Management LP is a large advisory firm based in New York. It manages $7.21 billion of regulatory assets for 15 client accounts. It has been registered with the SEC as an adviser since 2015 and has operated in the jurisdiction of New York.

Scopia Capital Management 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.

Scopia Capital Management: assets under management

The assets under management (AUM) of Scopia Capital Management LP is $7.21 billion, all of which is managed in discretionary accounts. The firm's AUM has gone down by -26% since the beginning of its operation, and $3.13 billion of the total AUM is attributable to clients outside of the United States.

The firm manages $7.21 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $480.58 million each.

Scopia Capital Management has custody of $4.04 million in cash and securities for 1 client in total but doesn’t act as a qualified custodian.

Investments

The firm invests in exchange traded securities the most. They account for 89% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 11% of the firm’s portfolio.

Fees & Commissions

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

The only and largest group of clients of Scopia Capital Management is pooled investment vehicles with 14 clients and $7.2 billion of assets under management. Among the 9 most similar advisory firms, Scopia Capital Management has the highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $7.2 billion for 14 clients. 40% of the firm’s clients are foreign persons or businesses.

Scopia Capital Management also advises several private funds. Namely, twelve hedge funds and two private equity funds. The minimum investment commitment required of non-related persons ranges from $100,000 to $200,000,000.

Careers at Scopia Capital Management LP

The company employs 47 people that are either part- or full-time employees. 45 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
Jeremy Hendrik Mindich	Founding partner, managing director of general partner of scopia capital management lp	1 Mar 2001	Other	4614992
Matthew Ivan Sirovich	Founding partner, managing director of general partner of scopia capital management lp	1 Apr 2001	25% - 50%	1727743
Joseph Ting Hong Yin	Partner	1 Jan 2009	Other	5756466
Tajar Samuel Varghese	Partner	1 Jan 2009	Other	5756473
Samantha Weisen Nasello	Chief compliance officer, fund cfo	1 Mar 2009	Other	5055978
Ashutosh (Nmn) Tyagi	Partner	1 Jan 2012	Other	4701319
Inc. Scopia Management	General partner of scopia capital management lp	1 Mar 2012	Other	13-4162637
Aaron William Morse	Partner, chief operating officer	1 Jun 2012	Other	4876720
Richard Scott Greeder	Partner	1 Jan 2013	Other	6150734
Kenneth Quinn Fionda	Partner	1 Jan 2013	Other	4558420
L.P. Dyal Capital Partners (A)	Limited partner of scopia capital management lp	1 Jan 2013	Other	46-0525083
L.P. Dyal Capital Partners (B)	Member of scopia capital gp llc	1 Jan 2013	Other	46-0525084
David Martin Wittels	Partner	1 Mar 2013	Other	1569645
Mark Trigg Allan	Partner	1 Jan 2016	Other	2998218
Jerome Jay Lande	Partner	1 Jan 2018	Other	3135987
Brian Donald Johnson	Partner	1 Jan 2018	Other	4244943

Indirect Owners

The SEC currently registers 5 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Neuberger Berman Group Llc	Managing member	1 May 2009	75% - 100%	61-1591182
Nb Alternatives Holdings Llc	Managing member	1 May 2009	75% - 100%	80-0357916
Nb Dyal Associates Lp	General partner	1 Feb 2010	Other	98-0657386
Nb Dyal Gp Holdings Llc	General partner	1 Feb 2010	Other	27-2302165
Nb Alternatives Gp Holdings Llc	Managing member	1 Feb 2010	75% - 100%	80-0357937

Based in New York

The principal office where Scopia Capital Management LP performs its advisory services is located at 152 West 57 Th Street, New York, NY 10019, 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 212-370-0303 or by fax 212-370-0404. The normal business hours are 9am-5pm on Monday - Friday. You can find more information about the New York firm at scopiacapital.com and its LinkedIn profile.