Gcm Customized Fund Investment Group, L.P. (New York)


Gcm Customized Fund Investment Group, L.P. is a large advisory firm based in New York. It manages $26.88 billion of regulatory assets for 175 client accounts. It has been registered with the SEC as an adviser since 2013 and has operated in the jurisdictions of Delaware, Illinois, Michigan, North Carolina, and Texas.

Gcm Customized Fund Investment Group provides portfolio management for pooled investment vehicles, portfolio management for businesses and institutional clients, pension consulting services, selection of other advisers, and educational seminars and workshops. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Gcm Customized Fund Investment Group: assets under management

The assets under management (AUM) of Gcm Customized Fund Investment Group, L.P. is $26.88 billion. The firm's AUM has grown by 35% since the beginning of its operation, and $4.93 billion of the total AUM is attributable to clients outside of the United States.

The firm manages $26.62 billion in discretionary accounts and $266.29 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $158.44 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $38.04 million.

Investments

The firm invests in pooled investment vehicles the most. They account for 80% of the total AUM. The second-largest asset type is non-exchange traded securities, which make up 20% of the firm’s portfolio.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Gcm Customized Fund Investment Group, L.P. for their services and products based on a percentage of assets under management, fixed fees, and performance-based fees. The adviser charges an additional fee when a set benchmark is outperformed. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Joanne Jungmin Park serves?

The only and largest group of clients of Joanne Jungmin Park is pooled investment vehicles with 169 clients and $25.78 billion of assets under management. Among the 8 most similar advisory firms, Gcm Customized Fund Investment Group has the highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $25.78 billion for 169 clients. 26% of the firm’s clients are foreign persons or businesses.

Gcm Customized Fund Investment Group also advises several private funds. Namely, one hedge fund, eight real estate funds, and one hundred fifty seven private equity funds. The minimum investment commitment required of non-related persons ranges from $0 to $2,050,000,000.

Careers at Gcm Customized Fund Investment Group, L.P.

The company employs 138 people that are either part- or full-time employees. 43 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.

Joanne Jungmin Park has been acting as President since 1 Dec 2013. Frederick Emmer Pollock joined the executive team most recently as the Managing Director.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Lllp Grosvenor Capital Management Holdings Limited partner 1 Jul 2013 75% - 100% 20-3979494
L.L.C. Gcm General partner 1 Jul 2013 Other 36-4216106
Michael Jay Sacks Managing director, chief executive officer and chairman 1 Jul 2013 Other 2077424
Paul Allan Meister Managing director and vice chairman 1 Jul 2013 Other 2156014
Joseph Hartt Nesler Managing director, global chief compliance officer 1 Jul 2013 Other 4795824
Eric Anderson Felton Managing director and chief financial officer 1 Jul 2013 Other 4812485
Joanne Jungmin Park Director 1 Dec 2013 Other 4120874
Kelly Marie Williams Managing director and president 1 Jan 2014 Other 4249550
Vikram Bhaskar Managing director 1 Jan 2014 Other 3069223
David Matthew Russell Managing director 1 Jan 2014 Other 4249560
Bernard Eric Yancovich Managing director 1 Jan 2014 Other 4007222
Derek Kevin Jones Managing director 1 Jan 2014 Other 5296555
Corey Evan Loprete Director 1 Jan 2014 Other 5435546
Jonathan A Jacoby Director 1 Jan 2014 Other 5020472
Peter A Braffman Managing director 1 Jan 2014 Other 3013374
Vikram Nmn Bhaskar Managing director 1 Jan 2014 Other 3069223
Jonathan Alan Jacoby Director 1 Jan 2014 Other 5020472
Peter Andrew Braffman Managing director 1 Jan 2014 Other 3013374
Stephen Patrick Ramsthaler Managing director 1 Jul 2014 Other 4123779
Jonathan Reisin Levin Managing director 1 Mar 2015 Other 5612973
Dasha Smith Dwin Managing director, chief human resources officer 1 Mar 2015 Other 6026873
Jeremy Louis Katz Managing director 1 Mar 2015 Other 3254220
Burke Johnson Montgomery Managing director 1 Mar 2015 Other 5067591
Lilly Farahnakian Managing director 1 Mar 2015 Other 2503762
Brett Jonathan Goldstein Managing director 1 Mar 2015 Other 6230485
Burke Johnson Montgomery Managing director, general counsel 1 May 2015 Other 5067591
Lilly Farahnakian Managing director, global chief compliance officer 1 May 2015 Other 2503762
Lilly Nmn Farahnakian Managing director, global chief compliance officer 1 May 2015 Other 2503762
Kelly Marie Williams Managing director 1 Jun 2015 Other 4249550
Alok Nmn Mehta Managing director 1 Dec 2015 Other 6628120
Alok Mehta Managing director 1 Dec 2015 Other 6628120
Ivaldo Modesto Basso Managing director 1 Mar 2016 Other 5125767
Jason Lee Metakis Managing director 1 Mar 2016 Other 3072837
Ivaldo Modesto Basso Managing director and chief financial officer 1 Mar 2017 Other 5125767
Brian W Sullivan Managing director 1 Mar 2017 Other 6424765
Layne Leslie Glunt Managing director 1 Mar 2017 Other 5099505
Francis Osarume Idehen Managing director and chief operating officer 1 May 2017 Other 4024738
Stacie Driebusch Selinger Managing director 1 Oct 2017 Other 5157216
Frederick Emmer Pollock Managing director 1 Mar 2018 Other 5166261

Indirect Owners

The SEC currently registers 9 indirect owners.

Name Entity Date acquired Ownership Employer ID
L.L.C. Grosvenor Holdings Manager and sole member 1 Mar 1998 75% - 100% 36-4215767
Michael Jay Sacks Managing member 1 Mar 1998 Other 2077424
Michael J. Sacks Revocable Trust Member 1 Jan 2003 25% - 50% 2077424
Michael Jay Sacks Trustee 1 Jan 2003 Other 2077424
Michael Jay Sacks Managing member and sole member 1 Jul 2005 75% - 100% 2077424
Mjs Llc Managing member 1 Jul 2005 Other 35-5408840
L.L.C. Gcmh Gp Sole general partner 1 Dec 2005 Other 20-3979324
L.L.C. Grosvenor Holdings Limited partner 1 Dec 2005 50% - 75% 36-4215767
L.L.C. Grosvenor Holdings Manager and sole member 1 Jan 2006 75% - 100% 36-4215767

Based in New York

The principal office where Gcm Customized Fund Investment Group, L.P. performs its advisory services is located at 767 Fifth Avenue, New York, NY 10153 0002, which is also the mailing address of the firm. An additional office of the firm is in Los Angeles, CA. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 646-362-3700 or by fax 646-362-0902. The normal business hours are 9:00am -5:00pm on Monday - Friday. You can find more information about the New York firm at gcmlp.com/.

Registered investment advisers similar to Gcm Customized Fund Investment Group, L.P.