Argentem Creek Partners LP (New York)

Name: Argentem Creek Partners LP
Address: 12 E. 49 Th Street, New York, NY, 10017
Telephone: 347-719-4003

Argentem Creek Partners LP is a large advisory firm based in New York. It manages $1.49 billion of regulatory assets for 5 client accounts. It has been registered with the SEC as an adviser since 2015 and has operated in the jurisdictions of Minnesota and New York.

Argentem Creek 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.

Argentem Creek Partners: assets under management

The assets under management (AUM) of Argentem Creek Partners LP is $1.49 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 210% since the beginning of its operation, and $1.49 billion of the total AUM is attributable to clients outside of the United States.

The firm manages $1.49 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $297.64 million each.

Argentem Creek Partners has custody of $1.46 billion in cash and securities for 5 clients in total but doesn’t act as a qualified custodian.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Argentem Creek 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 Argentem Creek Partners serves?

The only and largest group of clients of Argentem Creek Partners is pooled investment vehicles with 5 clients and $1.49 billion of assets under management. Among the 11 most similar advisory firms, Argentem Creek Partners has the highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $1.49 billion for 5 clients. 100% of the firm’s clients are foreign persons or businesses.

Argentem Creek Partners also advises several private funds. Namely, three other private funds and two private equity funds. The minimum investment commitment required of non-related persons is $1,000,000 for each fund.

Careers at Argentem Creek Partners LP

The company employs 21 people that are either part- or full-time employees. 57 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.

Julie Lynne Sprau joined the executive team most recently as the Director, Chief Compliance Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Argentem Creek Holdings Llc	Owner/general partner	1 Sep 2015	75% - 100%	47-5108315
Daniel Jay Chapman	Chief executive officer	1 Sep 2015	Other	2314185
Charles Paul Friedberg	Chief operating officer	1 Sep 2015	Other	2585308
Argentem Creek Partners Lp (Owner Of Relying Adviser)	Owner	1 Nov 2015	75% - 100%	47-5129079
Angela Christine Samfilippo	Head of global business development	1 Jan 2016	Other	4191939
Benjamin Vanzandt Hawn	Chief compliance officer/general counsel	1 May 2016	Other	4717159
Argentem Creek Partners (Uk) Limited (Owner Of Relying Adviser)	Owner	1 Sep 2017	75% - 100%	uk ern# 120yb34951
Julie Lynne Sprau	Director, chief compliance officer	1 Mar 2019	Other	7082447

Indirect Owners

The SEC currently registers 1 indirect owner.

Name	Entity	Date acquired	Ownership	Employer ID
Argentem Creek Partners	Shareholder	1 Nov 2015	75% - 100%	282070

Based in New York

The principal office where Argentem Creek Partners LP performs its advisory services is located at 12 E. 49 Th Street, New York, NY 10017, which is also the mailing address of the firm. An additional office of the firm is in Minnetonka, MN. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 347-719-4003 or by fax 347-719-4003. 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 argentemcreek.com/.