Monashee Investment Management, LLC is a large advisory firm based in Boston. It manages $1.08 billion of regulatory assets for 8 client accounts. It has been registered with the SEC as an adviser since 2014 and has operated in the jurisdiction of Massachusetts.
Monashee Investment 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 Monashee Investment Management, LLC is $1.08 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 1107% since the beginning of its operation, and $952.12 million of the total AUM is attributable to clients outside of the United States.
The advisory firm has several streams of revenue. Clients pay Monashee Investment Management, 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.
The only and largest group of clients of Monashee Investment Management is pooled investment vehicles with 8 clients and $1.08 billion of assets under management. Among the 8 most similar advisory firms, Monashee Investment Management has the highest percentage of pooled investment vehicles out of all clients.
The amount of regulatory assets under management is $1.08 billion for 8 clients. 75% of the firm’s clients are foreign persons or businesses.
Monashee Investment Management also advises several private funds. Namely, two hedge funds. The minimum investment commitment required of non-related persons ranges from $500,000 to $5,000,000.
The company employs 8 people that are either part- or full-time employees. 50 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.
There’s a single person 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.
Gerald Eman Coughlan has served as the Chief Investment Officer since 1 Dec 2011. Monashee Holdings Llc joined the executive team most recently as the Managing Member.
The principal office where Monashee Investment Management, LLC performs its advisory services is located at 125 High Street, Boston, MA 02110, 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 617-854-9197 or by fax 617-557-1434. The normal business hours are 8:00 - 5:00 est on Monday - Friday. You can find more information about the New York firm at gid.com/hedge-funds/monashee.aspx.