Goldentree Asset Management LP is a large advisory firm based in New York. It manages $26.72 billion of regulatory assets for 93 client accounts. It has been registered with the SEC as an adviser since 2005 and has operated in the jurisdictions of Florida, New York, and Texas.
Goldentree Asset Management provides portfolio management for pooled investment vehicles and portfolio management for businesses and institutional clients. 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 Goldentree Asset Management LP is $26.72 billion. The firm's AUM has grown by 287% since the beginning of its operation, and $21.63 billion of the total AUM is attributable to clients outside of the United States.
The advisory firm has several streams of revenue. Clients pay Goldentree Asset 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.
The firm provides services to insurance companies, pooled investment vehicles, corporations or other businesses, pension and profit sharing plans, and state or municipal government entities. The largest group of clients of Robert Matza is pooled investment vehicles with 50 clients and $17.65 billion of assets under management. Among the 10 most similar advisory firms, Goldentree Asset Management has the 5th lowest percentage of pooled investment vehicles out of all clients.
The amount of regulatory assets under management is $26.72 billion for 93 clients. 52% of the firm’s clients are foreign persons or businesses.
Goldentree Asset Management also advises several private funds. Namely, twenty three hedge funds, five other private funds, and eight securitized asset funds. The minimum investment commitment required of non-related persons ranges from $0 to $1,000,000.
The company employs 250 people that are either part- or full-time employees. 16 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 are 11 people 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.
Robert Matza has been acting as President since 1 Jan 2006. Deeb Amin Salem joined the executive team most recently as the Head Trader.
The principal office where Goldentree Asset Management LP performs its advisory services is located at 300 Park Avenue, New York, NY 10022, which is also the mailing address of the firm. An additional office of the firm is in Austin, TX. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 212-847-3500 or by fax 212-847-3494. The normal business hours are 9:00a.m. to 5:00p.m. on Monday - Friday. You can find more information about the New York firm at goldentree.com.