Lmr Partners LLC (New York)

Name: Lmr Partners LLC
Address: 363 Lafayette Street, New York, NY, 10012
Telephone: 1 617 306-1130

Lmr Partners LLC is a large advisory firm based in New York. It manages $1.62 billion of regulatory assets for 2 client accounts. It has been registered with the SEC as an adviser since 2018.

Lmr Partners 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.

Lmr Partners: assets under management

The assets under management (AUM) of Lmr Partners LLC is $1.62 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 1523% since the beginning of its operation, and $1.62 billion of the total AUM is attributable to clients outside of the United States.

The firm manages $1.62 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $811.5 million each.

Lmr Partners has custody of $1.62 billion in cash and securities for 2 clients in total but doesn’t act as a qualified custodian.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Lmr Partners 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 Lmr Partners serves?

The only and largest group of clients of Lmr Partners is pooled investment vehicles with 2 clients and $1.62 billion of assets under management. Among the 7 most similar advisory firms, Lmr Partners has the highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $1.62 billion for 2 clients. 100% of the firm’s clients are foreign persons or businesses.

Lmr Partners also advises several private funds. Namely, one hedge fund. The minimum investment commitment required of non-related persons is $100,000 for each fund.

Careers at Lmr Partners LLC

The company employs 3 people that are either part- or full-time employees. 100 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.

Tanya Vida Ohadi Smith joined the executive team most recently as the Chief Compliance Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Ben Leslie Levine	Chief executive officer; chief investment officer	1 Sep 2009	Other	2931507
Stefan Andreas Renold	Chief investment officer (quant)	1 Sep 2009	Other	6046756
Shane Cullinane	Chief operating officer	1 Dec 2010	Other	6047544
Domenico Iuliano	Co-chief investment officer	1 Aug 2012	Other	6168842
Danny Mitchell	Co-chief investment officer	1 Sep 2013	Other	6319106
Lorenzo Rossi	Partner	1 Aug 2016	Other	3175754
Tanya Vida Ohadi Smith	Chief compliance officer	1 Dec 2017	Other	6905014
Lmr Partners (Offshore) Limited	Manager	1 Dec 2017	75% - 100%	162861
Stefan Andreas Renold	Managing member	1 Dec 2017	Other	6046756
Ben Leslie Levine	Chief executive officer	1 Dec 2017	Other	2931507
Shane Cullinane	Chief operating officer	1 Dec 2017	Other	6047544

Indirect Owners

The SEC currently registers 7 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Lmr Partners Management Limited	General partner	1 Sep 2009	75% - 100%	foreign entity
Stefan Andreas Renold	Shareholder	1 Jan 2010	25% - 50%	6046756
Ben Leslie Levine	Shareholder	1 Jan 2010	25% - 50%	2931507
Stefan Andreas Renold	Managing member	1 Jun 2014	25% - 50%	6046756
Ben Leslie Levine	Managing member	1 Jun 2014	50% - 75%	2931507
Lmr Partners Lp	Owner	1 Jun 2014	75% - 100%	foreign entity
Lmr Management Limited (Gp)	General partner	1 Dec 2017	Other	foreign entity

Based in New York

The principal office where Lmr Partners LLC performs its advisory services is located at 363 Lafayette Street, New York, NY 10012, 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 1 617 306-1130. The normal business hours are 9am - 5.30pm on Monday - Friday. You can find more information about the New York firm at lmrpartners.com.