Shenkman Capital Management, Inc. is a large advisory firm based in New York. It manages $29.82 billion of regulatory assets for 217 client accounts. It has been registered with the SEC as an adviser since 2008 and has operated in the jurisdictions of Alabama, California, Connecticut, and 6 other states.
Shenkman Capital Management provides portfolio management for individuals and small businesses, portfolio management for investment companies, portfolio management for pooled investment vehicles, portfolio management for businesses and institutional clients, and publication of newsletters. 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 Shenkman Capital Management, Inc. is $29.82 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 227% since the beginning of its operation, and $17.51 billion of the total AUM is attributable to clients outside of the United States.
The advisory firm has several streams of revenue. Clients pay Shenkman Capital Management, Inc. 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 individuals, insurance companies, investment companies, charitable organizations, high net worth individuals, pooled investment vehicles, corporations or other businesses, pension and profit sharing plans, and state or municipal government entities. The largest group of clients of Victor Moe Rosenzweig is corporations or other businesses with 8 clients and $10.75 billion of assets under management. Among the 8 most similar advisory firms, Shenkman Capital Management has the highest percentage of corporations or other businesses out of all clients.
The amount of regulatory assets under management is $29.72 billion for 201 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 29% of the firm’s clients are foreign persons or businesses.
Shenkman Capital Management also advises several private funds. Namely, eight hedge funds, two other private funds, and five securitized asset funds. The minimum investment commitment required of non-related persons ranges from $100,000 to $5,000,000.
The company employs 125 people that are either part- or full-time employees. 36 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 6 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.
Victor Moe Rosenzweig has been acting as President since 1 Jan 1990. Mark Robert Mitchell joined the executive team most recently as the Director.
The principal office where Shenkman Capital Management, Inc. performs its advisory services is located at 461 Fifth Avenue, 22 Nd Floor, New York, NY 10017 6283, which is also the mailing address of the firm. An additional office of the firm is in Stamford, CT. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number (212) 867-9090 or by fax (212) 867-9106. The normal business hours are 8:30 am to 6:00 pm on Monday - Friday. You can find more information about the New York firm at shenkmancapital.com and its LinkedIn profile.