Rock Springs Capital Management LP (Baltimore)

Name: Rock Springs Capital Management LP
Address: 650 S. Exeter Street, Baltimore, MD, 21202
Telephone: 410-220-0130

Rock Springs Capital Management LP is a large advisory firm based in Baltimore. It manages $2.42 billion of regulatory assets for 3 client accounts. It has been registered with the SEC as an adviser since 2013 and has operated in the jurisdiction of Maryland.

Rock Springs Capital Management 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.

Rock Springs Capital Management: assets under management

The assets under management (AUM) of Rock Springs Capital Management LP is $2.42 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 658% since the beginning of its operation, and $701.08 million of the total AUM is attributable to clients outside of the United States.

The firm manages $2.42 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $806.24 million each.

Fees & Commissions

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

The only and largest group of clients of Rock Springs Capital Management is pooled investment vehicles with 2 clients and $2.42 billion of assets under management. Among the 8 most similar advisory firms, Rock Springs Capital Management has the 2nd highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $2.42 billion for 2 clients. 67% of the firm’s clients are foreign persons or businesses.

Rock Springs Capital Management also advises several private funds. Namely, one hedge fund. The minimum investment commitment required of non-related persons is $10,000,000 for each fund.

Careers at Rock Springs Capital Management LP

The company employs 19 people that are either part- or full-time employees. 47 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
Rock Springs Capital Gp Llc	General partner	1 Mar 2013	Other	46-2071403
Gordon Margraf ("Mark") Bussard	Managing director/limited partner	1 Mar 2013	25% - 50%	6241923
Graham Morgan Mcphail	Managing director/limited partner	1 Mar 2013	25% - 50%	6241924
Kris Harland Jenner	Managing director/limited partner	1 Mar 2013	25% - 50%	6241926
Rock Springs Capital Llc	General partner	1 Mar 2013	Other	46-2071403
Jeffrey Arthur Annecchino	Chief compliance officer	1 Mar 2013	Other	1316713
Evans Apeadu	Chief compliance officer/chief financial officer	1 Jun 2014	Other	6365376
Hallie Dinkelspiel Label	Chief operating officer	1 Sep 2014	Other	4258089
Jill Reynolds Seidman	Chief compliance officer and general counsel	1 Jul 2016	Other	5888375
Eric Andrew Brody	Vice president--finance and operations	1 Jul 2016	Other	6690157
Nnamdi C Etoh	Controller	1 Oct 2016	Other	5350446

Based in Baltimore

The principal office where Rock Springs Capital Management LP performs its advisory services is located at 650 S. Exeter Street, Baltimore, MD 21202, 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 410-220-0130 or by fax 410-220-0144. The normal business hours are 8:00 am - 6:00 pm on Monday - Friday. You can find more information about the New York firm at rockspringscapital.com/.