General Atlantic Service Company, L.P. (New York)

Name: General Atlantic Service Company, L.P.
Address: 55 East 52 Nd Street, New York, NY, 10055
Telephone: (212) 715-4000

General Atlantic Service Company, L.P. is a large advisory firm based in New York. It manages $30.7 billion of regulatory assets for 98 client accounts. It has been registered with the SEC as an adviser since 2018 and has operated in the jurisdictions of California, Connecticut, and New York.

General Atlantic Service Company provides portfolio management for individuals and small businesses, portfolio management for pooled investment vehicles, and investment advisory services to clients who serve as limited partners of private funds. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

General Atlantic Service Company: assets under management

The assets under management (AUM) of General Atlantic Service Company, L.P. is $30.7 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 50% since the beginning of its operation, and $13.49 billion of the total AUM is attributable to clients outside of the United States.

The firm manages $30.7 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $313.3 million each.

Investments

The firm invests in pooled investment vehicles the most. They account for 100% of the total AUM.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay General Atlantic Service Company, L.P. 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 General Atlantic Service Company serves?

The firm provides services to insurance companies, charitable organizations, high net worth individuals, pooled investment vehicles, corporations or other businesses, state or municipal government entities, and sovereign wealth funds and foreign official institutions. The largest group of clients of General Atlantic Service Company is pooled investment vehicles with 73 clients and $11.36 billion of assets under management. Among the 8 most similar advisory firms, General Atlantic Service Company has the lowest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $18.83 billion for 158 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 42% of the firm’s clients are foreign persons or businesses.

General Atlantic Service Company also advises several private funds. Namely, one other private fund and ninety nine private equity funds. The minimum investment commitment required of non-related persons ranges from $0 to $100,000,000.

Careers at General Atlantic Service Company, L.P.

The company employs 354 people that are either part- or full-time employees. 44 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.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Steven Aaron Denning	Managing director and chairman of gasc	1 Nov 1993	Other	4890591
David Charles Hodgson	Managing director and vice chairman of gasc	1 Nov 1993	Other	4890592
Mark Francis Dzialga	Limited partner and managing director of gasc	1 Jun 1998	Other	2088729
Rene Marc Kern	Managing director gasc	1 Jun 1998	Other	2065653
Thomas John Murphy	Managing director and chief financial officer of gasc	1 Aug 1998	Other	4384834
David Asher Rosenstein	Managing director and general counsel of gasc	1 Jan 2005	Other	4899469
William Edward Ford	Limited partner, managing director and chief executive officer of gasc	1 Feb 2005	Other	1665622
Inc Gasc Holdings	Limited partner of gasc	1 Dec 2005	Other	74-3155524
Jonathan Craig Korngold	Limited partner and managing director of gasc	1 Oct 2006	Other	2782948
Christopher Glenn Lanning	Managing director of gasc	1 Oct 2006	Other	5297765
Anton Jonathan Levy	Limited partner and managing director of gasc	1 Oct 2006	Other	2774238
Andrew Cornish Pearson	Managing director of gasc	1 Oct 2006	Other	5297784
Gabriel Pierre Caillaux	Managing director of gasc	1 Oct 2010	Other	4234693
Joseph Frank Brown	Managing director and chief operating officer of gasc	1 Jun 2011	Other	6035822
Martin Emiliano Escobari Lifchitz	Limited partner and managing director of gasc	1 Jan 2012	Other	6039783
Sandeep Achyut Naik	Managing director of gasc	1 Dec 2012	Other	6177898
Nicholas Robbert Vorhoff	Managing director of gasc	1 Jan 2014	Other	4269230
Andrew William Crawford	Managing director of gasc	1 Jul 2014	Other	6466170
Edward Graves Tompkins	Managing director of gasc	1 Jan 2015	Other	4565288
Alexander Charles Crisses	Managing director of gasc	1 Jan 2016	Other	6630657
Joern Nikolay	Managing director of gasc	1 Jan 2016	Other	6630660
Kelly Marie Pettit	Chief compliance officer of gasc	1 Oct 2016	Other	5171882
Aaron Michael Goldman	Managing director of gasc	1 Jan 2017	Other	3276935
Shantanu Rastogi	Managing director of gasc	1 Jan 2017	Other	6774000
Chi Eric Zhang	Managing director of gasc	1 Jan 2017	Other	6774001
Michelle Dipp	Managing director of gasc	1 Oct 2017	Other	6032920
Pamela Fang	Managing director of gasc	1 Nov 2017	Other	4339222
Wai Hoong Fock	Managing director of gasc	1 Jan 2018	Other	6678874
Paul George Stamas	Managing director of gasc	1 Jan 2018	Other	4833792
Llc Gasc Gp	General partner of gasc	1 Jan 2018	Other	82-3698505
Tanzeen Syed	Managing director of gasc	1 Jul 2018	Other	xxx-xx-xxxx
Ashish Saboo	Managing director of gasc	1 Jan 2019	Other	7086195
Christopher Caulkin	Managing director of gasc	1 Jan 2019	Other	7086204
Roni Elchahal	Managing director of gasc	1 Jan 2019	Other	7090447
Andrew Kerr Ferrer	Managing director of gasc	1 Jan 2019	Other	4691908
Peter Grosvenor Munzig	Managing director of gasc	1 Jan 2019	Other	4690881

Indirect Owners

The SEC currently registers 15 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Steven Aaron Denning	Member of a committee that serves as the manager	1 Jan 2002	Other	4890591
William Edward Ford	Member of a committee that serves as the manager	1 Jan 2002	Other	1665622
David Charles Hodgson	Member of a committee that serves as the manager	1 Jan 2002	Other	4890592
Mark Francis Dzialga	Member of a committee that serves as the manager	1 Jan 2002	Other	2088729
Rene Marc Kern	Member of a committee that serves as the manager	1 Jan 2002	Other	2065653
Steven Aaron Denning	Shareholder of gasc holdings, inc	1 Dec 2005	50% - 75%	4890591
David Charles Hodgson	Shareholder of gasc holdings, inc	1 Dec 2005	50% - 75%	4890592
Jonathan Craig Korngold	Member of a committee that serves as the manager	1 Jan 2012	Other	2782948
Anton Jonathan Levy	Member of a committee that serves as the manager	1 Jan 2012	Other	2774238
Sandeep Achyut Naik	Member of a committee that serves as the manager	1 Jan 2014	Other	6177898
Martin Emiliano Escobari Lifchitz	Member of a committee that serves as the manager	1 Jan 2014	Other	6039783
Llc Gasc Mpg	Member of gasc gp, llc	1 Jan 2018	75% - 100%	82-3698565
Edward Graves Tompkins	Member of a committee that serves as the manager	1 Jan 2018	Other	4565288
Gabriel Pierre Caillaux	Member of a committee that serves as the manager	1 Jan 2018	Other	4234693
Chi Eric Zhang	Member of a committee that serves as the manager	1 Jan 2018	Other	6774001

Based in New York

The principal office where General Atlantic Service Company, L.P. performs its advisory services is located at 55 East 52 Nd Street, New York, NY 10055, which is also the mailing address of the firm. An additional office of the firm is in Palo Alto, CA. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number (212) 715-4000 or by fax (212) 759-5708. The normal business hours are 8:30 am - 5:00 pm on Monday - Friday. You can find more information about the New York firm at generalatlantic.com.