Wasserstein & Co., L.P. (New York)

Name: Wasserstein & Co., L.P.
Address: 1185 Avenue Of The Americas, New York, NY, 10036
Telephone: 212-702-5600

Wasserstein & Co., L.P. is a large advisory firm based in New York. It manages $578.71 million of regulatory assets for 12 client accounts. It has been registered with the SEC as an adviser since 2012 and has operated in the jurisdictions of California and New York.

Wasserstein & Co. provides portfolio management for pooled investment vehicles. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Wasserstein & Co.: assets under management

The assets under management (AUM) of Wasserstein & Co., L.P. is $578.71 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 118% since the beginning of its operation, and $155.77 million of the total AUM is attributable to clients outside of the United States.

The firm manages $578.71 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $48.23 million each.

Wasserstein & Co. has custody of $376.91 million in cash and securities for 12 clients in total but doesn’t act as a qualified custodian.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Wasserstein & Co., L.P. for their services and products based on a percentage of assets under management 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 Ellis Bradley Jones serves?

The only and largest group of clients of Ellis Bradley Jones is pooled investment vehicles with 12 clients and $578.71 million of assets under management. Among the 3 most similar advisory firms, Wasserstein & Co. has the highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $578.71 million for 12 clients. 17% of the firm’s clients are foreign persons or businesses.

Wasserstein & Co. also advises several private funds. Namely, twelve private equity funds. The minimum investment commitment required of non-related persons ranges from $100,000 to $10,000,000.

Careers at Wasserstein & Co., L.P.

The company employs 31 people that are either part- or full-time employees. 61 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.

Ellis Bradley Jones has been acting as President since 1 Jun 2011. Cdltt Llc joined the executive team most recently as the Limited Partner.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
L.P. Wasserstein Capital	Partner	1 Dec 2000	75% - 100%	13-4148563
L.L.C. Wasserstein Investments	General partner	1 Dec 2000	Other	13-4148561
George L Majoros	Co-managing partner, chief compliance officer	1 Jan 2001	Other	2358174
Anup Bagaria	Co-managing partner	1 Jan 2001	Other	2447201
Robert Andrew Fogelson	Managing director	1 Jan 2001	Other	1978250
Robert S Mersten	Chief financial officer, secretary	1 Jan 2001	Other	2112581
George Louis Majoros	Co-managing partner, chief compliance officer	1 Jan 2001	Other	2358174
Rengarajan Ramesh	Managing director	1 May 2011	Other	6019411
Ellis Bradley Jones	Chairman	1 Jun 2011	Other	872986
Thomas Ibsen Huang	Managing director	1 Jan 2012	Other	1911356
L.L.C. Wasserstein Investments	General partner (wasserstein debt opportunities management, lp)	1 Feb 2012	Other	13-4148561
Rajay Prakash Bagaria	Managing director	1 Oct 2012	Other	4024931
L.P. Wasserstein & Co.	Limited partner (wasserstein debt opportunities management, lp)	1 Feb 2013	75% - 100%	160339

Indirect Owners

The SEC currently registers 5 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
L.L.C. Wasserstein Holdings	Sole member	1 Jan 2001	75% - 100%	13-4148559
L.L.C. Wasserstein Family Trust	Limited partner	1 Jan 2001	25% - 50%	52-2317213
L.L.C. Wasserstein Investments	General partner	1 Jan 2001	Other	13-4148561
Cranberry Dune 1998 Long Term Trust	Partner	1 Jan 2001	25% - 50%	13-7180126
Cdltt Llc	Limited partner	1 Jan 2014	25% - 50%	30-0759570

Based in New York

The principal office where Wasserstein & Co., L.P. performs its advisory services is located at 1185 Avenue Of The Americas, New York, NY 10036, 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 212-702-5600 or by fax 212-702-5635. The normal business hours are 9am - 5pm on Monday - Friday. You can find more information about the New York firm at wasserco.com.