Renaissance Technologies LLC is a large advisory firm based in New York. It manages $130.94 billion of regulatory assets for 20 client accounts. It has been registered with the SEC as an adviser since 2008 and has operated in the jurisdiction of New York.
Renaissance Technologies 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.
The assets under management (AUM) of Renaissance Technologies LLC is $130.94 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 290% since the beginning of its operation, and $46.03 billion of the total AUM is attributable to clients outside of the United States.
The advisory firm has several streams of revenue. Clients pay Renaissance Technologies LLC for their services and products based on a percentage of assets under management, fixed fees, 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.
The only and largest group of clients of Henry Laufer is pooled investment vehicles with 18 clients and $101.72 billion of assets under management. Among the 8 most similar advisory firms, Renaissance Technologies has the 2nd highest percentage of pooled investment vehicles out of all clients.
The amount of regulatory assets under management is $101.72 billion for 18 clients. 50% of the firm’s clients are foreign persons or businesses.
Renaissance Technologies also advises several private funds. Namely, thirteen hedge funds. The minimum investment commitment required of non-related persons ranges from $0 to $10,000.
The company employs 310 people that are either part- or full-time employees. 48 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.
Henry Laufer has been acting as President since 1 Jan 1996. Robert Leroy Mercer joined the executive team most recently as the Co Ceo, Co President, Director.
The principal office where Renaissance Technologies LLC performs its advisory services is located at 800 Third Avenue, New York, NY 10022, which is also the mailing address of the firm. An additional office of the firm is in East Setauket, NY. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 212-829-4460 or by fax 212-758-7136. The normal business hours are 9am - 5pm on Monday - Friday. You can find more information about the New York firm at renfund.com/.