Quadrangle Group LLC (New York)

Name: Quadrangle Group LLC
Address: 345 Seventh Avenue, New York, NY, 10001
Telephone: 212-418-1700

Quadrangle Group LLC is a large advisory firm based in New York. It manages $225.23 million of regulatory assets for 4 client accounts. It has been registered with the SEC as an adviser since 2012 and has operated in the jurisdiction of New York.

Quadrangle Group 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.

Quadrangle Group: assets under management

The assets under management (AUM) of Quadrangle Group LLC is $225.23 million, all of which is managed in discretionary accounts. The firm's AUM has gone down by -90% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $225.23 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $56.31 million each.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Quadrangle Group 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 Quadrangle Group serves?

The only and largest group of clients of Quadrangle Group is pooled investment vehicles with 4 clients and $225.23 million of assets under management. Among the 8 most similar advisory firms, Quadrangle Group has the highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $225.23 million for 4 clients. None of the firm’s clients are foreign persons or businesses.

Quadrangle Group also advises several private funds. Namely, four private equity funds. The minimum investment commitment required of non-related persons ranges from $0 to $10,000,000.

Careers at Quadrangle Group LLC

The company employs 3 people that are either part- or full-time employees. 67 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.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Michael Anthony Huber	President and managing principal	1 Jan 2011	Other	2785943
Quadrangle Holdings Llc	Managing member	1 Jan 2011	75% - 100%	42-3943462
Karen Graham	Vice president, operations and administration	1 Jan 2011	Other	6027689
Peter Roy Ezersky	Managing principal and chief compliance officer	1 Jan 2011	Other	1569510
Puneet Kumar Gulati	Chief financial officer	1 Apr 2011	Other	2179119
Brian Gene Bytof	Chief compliance officer	1 Mar 2013	Other	5149508
Susan Fung Yee	Chief compliance officer	1 Sep 2018	Other	7051502

Indirect Owners

The SEC currently registers 1 indirect owner.

Name	Entity	Date acquired	Ownership	Employer ID
Joshua Linder Steiner	Non-managing member	1 Jan 2011	25% - 50%	2625794

Based in New York

The principal office where Quadrangle Group LLC performs its advisory services is located at 345 Seventh Avenue, New York, NY 10001, 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 212-418-1700 or by fax 212-418-1701. The normal business hours are 9-5 on Monday - Friday. You can find more information about the New York firm at quadranglegroup.com.