Cross Ocean Partners Management LP (Greenwich)

Name: Cross Ocean Partners Management LP
Address: 20 Horseneck Lane, Greenwich, CT, 06830
Telephone: +1 203-340-7850

Cross Ocean Partners Management LP is a large advisory firm based in Greenwich. It manages $1.48 billion of regulatory assets for 13 client accounts. It has been registered with the SEC as an adviser since 2016 and has operated in the jurisdiction of Connecticut.

Cross Ocean Partners Management provides portfolio management for pooled investment vehicles and portfolio management for an sma for a pooled investment vehicle. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Cross Ocean Partners Management: assets under management

The assets under management (AUM) of Cross Ocean Partners Management LP is $1.48 billion. The firm's AUM has grown by 1380% since the beginning of its operation, and $821.32 million of the total AUM is attributable to clients outside of the United States.

The firm manages $1.03 billion in discretionary accounts and $447.04 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $129.18 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $89.41 million.

Investments

The firm invests in non-exchange traded securities the most. They account for 48% of the total AUM. The second-largest asset type is other assets, which make up 37% of the firm’s portfolio. Investments in exchange traded securities form 15% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Cross Ocean Partners Management 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 Cross Ocean Partners Management serves?

The only and largest group of clients of Cross Ocean Partners Management is pooled investment vehicles with 12 clients and $1.44 billion of assets under management. Among the 12 most similar advisory firms, Cross Ocean Partners Management has the 5th highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $1.44 billion for 12 clients. 62% of the firm’s clients are foreign persons or businesses.

Cross Ocean Partners Management also advises several private funds. Namely, six hedge funds. The minimum investment commitment required of non-related persons ranges from $100,000 to $5,000,000.

Careers at Cross Ocean Partners Management LP

The company employs 21 people that are either part- or full-time employees. 52 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
Nicholas Russell	Acting chief compliance officer	1 Aug 2016	Other	6583665
Cross Ocean Partners Management Gp Llc	General partner	1 Aug 2016	Other	12-3456789
Graham Campbell Goldsmith	Ceo and chief investment officer	1 Aug 2016	Other	2534896
Gg Managers Llc	Limited partner	1 Aug 2016	25% - 50%	foreign entity
Trident Copm Holdings Llc	Limited partner	1 Aug 2016	25% - 50%	12-3456789
Andrew Aitken	Chief operating officer and chief financial officer	1 Aug 2016	Other	4390052
Andrew Jonathan Aitken	Chief operating officer and chief financial officer	1 Aug 2016	Other	4390052
Nicholas David Russell	Acting chief compliance officer	1 Aug 2016	Other	6583665
Richard Thomas Gannalo	U.s. chief operating officer and chief financial officer	1 Oct 2016	Other	5828286
Nicholas Cortelyou Renwick	Senior portfolio manager, head of research - u.s. and limited partner	1 Nov 2016	Other	3066437
Christopher Steven Zander	Limited partner	1 Nov 2016	Other	6583661
Matthew Ian Rymer	General counsel and chief compliance officer	1 Dec 2016	Other	6105599

Indirect Owners

The SEC currently registers 11 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
L.P. Trident Vi Parallel Fund	Member	1 Jul 2013	75% - 100%	98-1132009
L.P. Trident Capital Vi	General partner	1 Jul 2013	Other	98-1131812
Lp Trident Capital Vi	General partner	1 Jul 2013	Other	98-1131812
Graham Campbell Goldsmith	Managing member	1 May 2015	75% - 100%	2534896
Gg Managers Llc	Member	1 Aug 2015	75% - 100%	foreign entity
L.P. Trident Vi	Managing member	1 Feb 2016	25% - 50%	98-1131820
Trident Copm Intermediate Llc	Member	1 Feb 2016	25% - 50%	81-1892507
L.P. Trident Vi	Limited partner	1 Nov 2017	75% - 100%	98-1131820
T Vi Co Holdings Lp	Member	1 Nov 2017	25% - 50%	foreign entity
T Vi Par Co Holdings Lp	Member	1 Nov 2017	75% - 100%	foreign entity
L.P. Trident Vi Parallel Fund	Limited partner	1 Nov 2017	75% - 100%	foreign entity

Based in Greenwich

The principal office where Cross Ocean Partners Management LP performs its advisory services is located at 20 Horseneck Lane, Greenwich, CT 06830, 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 +1 203-340-7850. The normal business hours are 8:00 a.m. - 5:00 p.m. on Monday - Friday. You can find more information about the New York firm at crossoceanpartners.com.