Alcentra Ny, LLC is a large advisory firm based in New York. It manages $16.12 billion of regulatory assets for 59 client accounts. It has been registered with the SEC as an adviser since 2009 and has operated in the jurisdictions of California, Delaware, Massachusetts, and New York.
Alcentra Ny provides portfolio management for investment companies, 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 Alcentra Ny, LLC is $16.12 billion. The firm's AUM has grown by 322% since the beginning of its operation, and $14.17 billion of the total AUM is attributable to clients outside of the United States.
The advisory firm has several streams of revenue. Clients pay Alcentra Ny, LLC 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.
The firm provides services to investment companies, pooled investment vehicles, business development companies, corporations or other businesses, and pension and profit sharing plans. The largest group of clients of Alcentra Ny is pooled investment vehicles with 52 clients and $13.49 billion of assets under management. Among the 4 most similar advisory firms, Alcentra Ny has the 2nd highest percentage of pooled investment vehicles out of all clients.
The amount of regulatory assets under management is $16.12 billion for 59 clients. 80% of the firm’s clients are foreign persons or businesses.
Alcentra Ny also advises several private funds. Namely, three hedge funds, nine other private funds, two private equity funds, and eighteen securitized asset funds. The minimum investment commitment required of non-related persons ranges from $100,000 to $7,500,000.
The company employs 113 people that are either part- or full-time employees. 39 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.
There are 2 people 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.
Mitchell Evan Harris joined the executive team most recently as the Board Member.
The principal office where Alcentra Ny, LLC performs its advisory services is located at 200 Park Avenue, New York, NY 10166, which is also the mailing address of the firm. An additional office of the firm is in Boston, MA. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 212-922-8240 or by fax 212-922-8259. The normal business hours are 7:00 a.m. - 5 p.m. on Monday - Friday. You can find more information about the New York firm at alcentra.com.