Gallatin Point Capital LLC (Greenwich)

Name: Gallatin Point Capital LLC
Address: 660 Steamboat Road, Greenwich, CT, 06830
Telephone: 203-742-0200

Gallatin Point Capital LLC is a large advisory firm based in Greenwich. It manages $1.26 billion of regulatory assets for 12 client accounts. It has been registered with the SEC as an adviser since 2017 and has operated in the jurisdictions of Connecticut and Massachusetts.

Gallatin Point Capital 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.

Gallatin Point Capital: assets under management

The assets under management (AUM) of Gallatin Point Capital LLC is $1.26 billion. The firm's AUM has grown by 25% since the beginning of its operation, and $107.54 million of the total AUM is attributable to clients outside of the United States.

The firm manages $1 billion in discretionary accounts and $260.46 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $91.07 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $260.46 million.

Gallatin Point Capital has custody of $994.57 million in cash and securities for 11 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in other assets the most. They account for 100% of the total AUM.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Gallatin Point Capital LLC for their services and products based on a percentage of assets under management, fixed fees, 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 Gallatin Point Capital serves?

The firm provides services to pooled investment vehicles and corporations or other businesses. The largest group of clients of Gallatin Point Capital is pooled investment vehicles with 11 clients and $1 billion of assets under management. Among the 7 most similar advisory firms, Gallatin Point Capital has the 3rd highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $1.26 billion for 12 clients. None of the firm’s clients are foreign persons or businesses.

Gallatin Point Capital also advises several private funds. Namely, eleven private equity funds. The minimum investment commitment required of non-related persons ranges from $1,000,000 to $100,000,000.

Careers at Gallatin Point Capital LLC

The company employs 14 people that are either part- or full-time employees. 64 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
Gallatin Point Lp	Managing member	1 Jan 2017	75% - 100%	81-4655620
Lewis Andrew Sachs	Managing partner	1 Jan 2017	Other	1508951
Matthew Bernard Botein	Managing partner	1 Jan 2017	Other	4015236
Blk (Gallatin) Holdings Llc	Member	1 Feb 2017	Other	13-3806691
Jerry Chang	Chief compliance officer and chief financial officer	1 May 2017	Other	4962008

Indirect Owners

The SEC currently registers 5 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Gallatin Point (Gp) Llc	General partner	1 Jan 2017	Other	81-4648793
Inc. Blackrock	Shareholder	1 Jan 2017	75% - 100%	32-0174431
Inc. Blackrock Holdco 2	Shareholder	1 Jan 2017	75% - 100%	68-0635711
Inc Blackrock Financial Management	Member	1 Jan 2017	75% - 100%	107105
Inc. Blackrock Financial Management	Member	1 Jan 2017	75% - 100%	list ein

Based in Greenwich

The principal office where Gallatin Point Capital LLC performs its advisory services is located at 660 Steamboat Road, Greenwich, CT 06830, which is also the mailing address of the firm. An additional office of the firm is in Wellesley, MA. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 203-742-0200. The normal business hours are 9:00 am - 5:00 pm on Monday - Friday. You can find more information about the New York firm at gallatinpoint.com and its LinkedIn profile.