Light Sky Macro LP (New York)


Light Sky Macro LP is a large advisory firm based in New York. It manages $2.11 billion of regulatory assets for 8 client accounts. It has been registered with the SEC as an adviser since 2017.

Light Sky Macro 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.

Light Sky Macro: assets under management

The assets under management (AUM) of Light Sky Macro LP is $2.11 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 224% since the beginning of its operation, and $616.37 million of the total AUM is attributable to clients outside of the United States.

The firm manages $2.11 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $264.22 million each.
Light Sky Macro has custody of $2.11 billion in cash and securities for 8 clients in total but doesn’t act as a qualified custodian.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Light Sky Macro LP 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 Light Sky Macro serves?

The only and largest group of clients of Light Sky Macro is pooled investment vehicles with 8 clients and $2.11 billion of assets under management. Among the 9 most similar advisory firms, Light Sky Macro has the 4th highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $2.11 billion for 8 clients. 88% of the firm’s clients are foreign persons or businesses.

Light Sky Macro also advises several private funds. Namely, three hedge funds. The minimum investment commitment required of non-related persons ranges from $100,000 to $5,000,000.

Careers at Light Sky Macro LP

The company employs 20 people that are either part- or full-time employees. 55 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
Bmam Gp Llc General partner 1 Jun 2016 Other 81-2898642
Benjamin Zvi Melkman Chief investment officer / chief executive officer / founder / limited partner 1 Jun 2016 75% - 100% 6746324
Barry Neil Schachter Partner / chief risk officer / limited partner 1 Jul 2016 Other 6746327
Douglas Andrew Spiegel Chief financial officer / chief compliance officer 1 Aug 2016 Other 2952745
Alberto Fabian Ades Partner / head of research / limited partner 1 Sep 2016 Other 4364912
Joseph Scott Mauro Partner / head of markets / limited partner 1 Oct 2016 Other 2443935
Light Sky Macro International Ltd. General partner - light sky macro global lp (relying adviser) 1 Nov 2016 Other 98-1333074
Light Sky Macro General Partner International Ltd General partner - light sky macro general partner lp (relying adviser) 1 Nov 2016 Other 98-1357296
Daniel Rodriguez Chief risk officer 1 Apr 2018 Other 4720502

Indirect Owners

The SEC currently registers 1 indirect owner.

Name Entity Date acquired Ownership Employer ID
Benjamin Zvi Melkman Shareholder 1 Nov 2016 75% - 100% 6746324

Based in New York

The principal office where Light Sky Macro LP performs its advisory services is located at 55 Hudson Yards, New York, NY 10001 The mailing address of the firm is Po Box 1565, New York, NY 10159. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 212-251-1150. The normal business hours are 9 am - 5pm on Monday - Friday. You can find more information about the New York firm at lightskymacro.com.