Empyrean Capital Partners, LP (Los Angeles)

Name: Empyrean Capital Partners, LP
Address: 10250 Constellation Blvd., Los Angeles, CA, 90067
Telephone: 310-843-3000

Empyrean Capital Partners, LP is a large advisory firm based in Los Angeles. It manages $5.83 billion of regulatory assets for 8 client accounts. It has been registered with the SEC as an adviser since 2005 and has operated in the jurisdiction of California.

Empyrean Capital Partners 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.

Empyrean Capital Partners: assets under management

The assets under management (AUM) of Empyrean Capital Partners, LP is $5.83 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 289% since the beginning of its operation, and $3.93 billion of the total AUM is attributable to clients outside of the United States.

The firm manages $5.83 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $728.59 million each.

Empyrean Capital Partners has custody of $5.58 billion in cash and securities for 7 clients in total but doesn’t act as a qualified custodian.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Empyrean Capital Partners, 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 Empyrean Capital Partners serves?

The only and largest group of clients of Empyrean Capital Partners is pooled investment vehicles with 8 clients and $5.83 billion of assets under management. Among the 11 most similar advisory firms, Empyrean Capital Partners has the 3rd highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $5.83 billion for 8 clients. 75% of the firm’s clients are foreign persons or businesses.

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

Careers at Empyrean Capital Partners, LP

The company employs 34 people that are either part- or full-time employees. 56 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.

Amos Meron has served as the Chief Investment Officer since 1 Apr 2004. Tanaz Faghri Dietz joined the executive team most recently as the Chief Compliance Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Michael Alan Price	Chief operating officer	1 Apr 2004	25% - 50%	1602586
Amos Meron	Chief investment officer	1 Apr 2004	25% - 50%	2265923
Llc Empyrean Capital	General partner	1 Apr 2004	Other	52-2403805
Scott Allen Imbach	Director of research	1 Apr 2004	Other	1956932
Anthony William Hynes	Chief financial officer/chief compliance officer	1 Apr 2004	Other	5075693
Tian Xue	Partner	1 Apr 2005	Other	4318534
Michael Edward Kaine	Partner	1 Jan 2007	Other	2752048
Ambereen Rizvi Toubassy	Partner	1 Jan 2007	Other	2526736
Noble M. Hansen	Partner	1 Jan 2008	Other	4244347
Brian E Joseph	Partner	1 Feb 2009	Other	4439281
Brian Eric Joseph	Partner	1 Feb 2009	Other	4439281
Christopher Martin Meekins	General counsel and chief compliance officer	1 Apr 2011	Other	6048701
Andrew Thomas Reger	Partner	1 Jan 2015	Other	4843775
Peter Charles Bergren	Chief financial officer	1 Jan 2015	Other	6459164
Tanaz Faghri Dietz	Chief compliance officer	1 Jan 2016	Other	6627657
Armando Leandro Sistos	Partner	1 Jan 2016	Other	4565106

Based in Los Angeles

The principal office where Empyrean Capital Partners, LP performs its advisory services is located at 10250 Constellation Blvd., Los Angeles, CA 90067, which is also the mailing address of the firm. An additional office of the firm is in New York, NY. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 310-843-3000 or by fax 310-843-3099. The normal business hours are 6:00 am - 3:00 pm on Monday - Friday. You can find more information about the New York firm at empyrean.com.