Rock Springs Capital Management LP is a large advisory firm based in Baltimore. It manages $2.42 billion of regulatory assets for 3 client accounts. It has been registered with the SEC as an adviser since 2013 and has operated in the jurisdiction of Maryland.
Rock Springs Capital Management 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.
The assets under management (AUM) of Rock Springs Capital Management LP is $2.42 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 658% since the beginning of its operation, and $701.08 million of the total AUM is attributable to clients outside of the United States.
The advisory firm has several streams of revenue. Clients pay Rock Springs Capital Management LP 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.
The only and largest group of clients of Rock Springs Capital Management is pooled investment vehicles with 2 clients and $2.42 billion of assets under management. Among the 8 most similar advisory firms, Rock Springs Capital Management has the 2nd highest percentage of pooled investment vehicles out of all clients.
The amount of regulatory assets under management is $2.42 billion for 2 clients. 67% of the firm’s clients are foreign persons or businesses.
Rock Springs Capital Management also advises several private funds. Namely, one hedge fund. The minimum investment commitment required of non-related persons is $10,000,000 for each fund.
The company employs 19 people that are either part- or full-time employees. 47 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.
The principal office where Rock Springs Capital Management LP performs its advisory services is located at 650 S. Exeter Street, Baltimore, MD 21202, 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 410-220-0130 or by fax 410-220-0144. The normal business hours are 8:00 am - 6:00 pm on Monday - Friday. You can find more information about the New York firm at rockspringscapital.com/.