Ellington Global Asset Management, LLC (Old Greenwich)

Name: Ellington Global Asset Management, LLC
Address: 53 Forest Avenue, Old Greenwich, CT, 06870
Telephone: 203-698-1200

Ellington Global Asset Management, LLC is a large advisory firm based in Old Greenwich. It manages $3.46 billion of regulatory assets for 11 client accounts. It has been registered with the SEC as an adviser since 2006 and has operated in the jurisdiction of Connecticut.

Ellington Global Asset Management 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.

Ellington Global Asset Management: assets under management

The assets under management (AUM) of Ellington Global Asset Management, LLC is $3.46 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 7% since the beginning of its operation, and $3.14 billion of the total AUM is attributable to clients outside of the United States.

The firm manages $3.46 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $314.75 million each.

Ellington Global Asset Management has custody of $979.53 million in cash and securities for 1 client in total but doesn’t act as a qualified custodian.

Investments

The firm invests in other assets the most. They account for 91% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 9% of the firm’s portfolio.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Ellington Global Asset Management, 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.

What kind of clients Ellington Global Asset Management serves?

The firm provides services to investment companies and pooled investment vehicles. The largest group of clients of Ellington Global Asset Management is pooled investment vehicles with 7 clients and $3.32 billion of assets under management. Among the 10 most similar advisory firms, Ellington Global Asset Management has the 5th lowest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $3.36 billion for 9 clients. 55% of the firm’s clients are foreign persons or businesses.

Ellington Global Asset Management also advises several private funds. Namely, three hedge funds. The minimum investment commitment required of non-related persons ranges from $1,000,000 to $100,000,000.

Careers at Ellington Global Asset Management, LLC

The company employs 142 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 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.

Robert Kinderman joined the executive team most recently as the Managing Director.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Costas Aphis Philippides	Member and managing director	1 Jan 2005	Other	2164234
L.L.C. Ellington Management Group	Member	1 Jan 2006	75% - 100%	112493
Olivier Cojot Goldberg	Vice chairman	1 Jan 2006	Other	1546586
Laurence Eric Penn	Vice chairman	1 Jan 2006	Other	1914867
Paul Anthony Asaro	Chief financial officer and managing director	1 Jan 2006	Other	4776316
Michael William Vranos	Chief executive officer	1 Jan 2006	Other	2013180
John Deno Geanakoplos	Managing director	1 Jan 2006	Other	2319447
Richard Gregg Brounstein	Vice chairman	1 Jan 2006	Other	1553368
Mark Ira Tecotzky	Managing director and chief investment officer	1 Jan 2006	Other	1656046
George Howard Zettler	Managing director	1 Jan 2006	Other	2399039
Garret Imre Filler	General counsel and managing director	1 Jan 2006	Other	2928464
Thomas More Larkin	Chief operating officer and managing director	1 Jan 2006	Other	4779407
Richard Anthony Daley	Managing director	1 Jan 2006	Other	2242011
Michael Zaretsky	Managing director	1 Jan 2006	Other	4386498
Dennis Patrick Sugrue	Managing director	1 Jan 2006	Other	1624299
Nikos Vassilios Nicopoulos	Managing director	1 Jan 2006	Other	4395923
Nikolay Ivanov Stoytchev	Managing director	1 Jan 2006	Other	4741135
Lisa Chun	Chief compliance officer and asst counsel	1 Jan 2006	Other	5115433
Costas Aphis Philippides	Managing director	1 Jan 2006	Other	2164234
Jared Samet	Managing director	1 Jan 2007	Other	5302764
Paul Saltzman	Managing director and chief legal officer	1 Mar 2008	Other	2567124
David Charles Rice	Chief compliance officer	1 Jul 2008	Other	5574821
Daniel Reuven Margolis	General counsel	1 May 2010	Other	5800952
Bruce Caplain	Chief accounting officer	1 Apr 2011	Other	6043517
Robert Kinderman	Managing director	1 Jun 2019	Other	7133447

Indirect Owners

The SEC currently registers 5 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Michael William Vranos	Managing member	1 Aug 1995	75% - 100%	2013180
Llc Vc Investments	Managing member	1 Aug 1995	Other	13-3813408
L.P. Emg Holdings	Member	1 Jan 2007	75% - 100%	03-0612415
Llc Vc Investments	General partner	1 Jan 2007	Other	13-3813408
Michael William Vranos	Limited partner	1 Apr 2007	25% - 50%	2013180

Based in Old Greenwich

The principal office where Ellington Global Asset Management, LLC performs its advisory services is located at 53 Forest Avenue, Old Greenwich, CT 06870, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 203-698-1200 or by fax 203-698-0869. The normal business hours are 9:00 am to 5:00 pm on Monday - Friday. You can find more information about the New York firm at ellington.com.