Pershing Square Gp, LLC (New York)


Pershing Square Gp, LLC is a large advisory firm based in New York. It manages $1.2 billion of regulatory assets for 1 client accounts. It has been registered with the SEC as an adviser since 2004 and has operated in the jurisdiction of Texas.

Pershing Square Gp 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.

Pershing Square Gp: assets under management

The assets under management (AUM) of Pershing Square Gp, LLC is $1.2 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 1664% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $1.2 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $1.2 billion each.
Pershing Square Gp has custody of $1.2 billion in cash and securities for 1 client in total but doesn’t act as a qualified custodian.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Pershing Square Gp, LLC for their services and products based on 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 Nicholas Anthony Botta serves?

The only and largest group of clients of Nicholas Anthony Botta is pooled investment vehicles with 1 clients and $1.2 billion of assets under management. Among the 7 most similar advisory firms, Pershing Square Gp has the 2nd highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $1.2 billion for 1 clients. None of the firm’s clients are foreign persons or businesses.

Pershing Square Gp also advises several private funds.

Careers at Pershing Square Gp, LLC

The company employs 38 people that are either part- or full-time employees. 26 percent of the employees work as investment advisers or researchers. Only one employee is registered as an investment adviser representative 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.

Nicholas Anthony Botta has been acting as President since 1 Mar 2017. Michael Gonnella joined the executive team most recently as the Chief Financial Officer.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
William Albert Ackman Managing member and chief executive officer 1 Dec 2003 75% - 100% 4866375
Nicholas Anthony Botta Chief financial officer 1 Dec 2003 Other 4869361
William Ackman Managing member 1 Dec 2003 75% - 100% 4866375
Nicholas Botta Chief financial officer 1 Dec 2003 Other 4869361
David Klafter Chief compliance officer 1 Nov 2004 Other 4878308
Sally Marcella Butler Chief complaince officer 1 Mar 2005 Other 1730576
Timothy Lee Barefield Chief operating officer 1 Sep 2006 Other 5218959
Timothy L Barefield Chief operating officer 1 Sep 2006 Other 5218959
Halit Coussin General counsel/chief compliance officer 1 Sep 2007 Other 5512877
Roy Jacob Katzovicz Chief legal officer 1 Sep 2007 Other 5512880
Anthony Ketay Asnes Head of ir 1 Apr 2010 Other 2362968
Halit Coussin Chief legal officer/chief compliance officer 1 Feb 2015 Other 5512877
Stephen Fraidin Vice chairman 1 Feb 2015 Other 6453183
Nicholas Anthony Botta President 1 Mar 2017 Other 4869361
Michael Gonnella Chief financial officer 1 Mar 2017 Other 6766535

Based in New York

The principal office where Pershing Square Gp, LLC performs its advisory services is located at 787 Eleventh Avenue, New York, NY 10019, 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 212-813-3700 or by fax 212-286-1133. The normal business hours are 8:30 am - 6:00 pm on Monday - Friday.