Orchard Global Asset Management LLP (London)


Orchard Global Asset Management LLP is a large advisory firm based in London. It manages $3.86 billion of regulatory assets for 13 client accounts. It has been registered with the SEC as an adviser since 2017.

Orchard Global 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.

Orchard Global Asset Management: assets under management

The assets under management (AUM) of Orchard Global Asset Management LLP is $3.86 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 491% since the beginning of its operation, and $3.68 billion of the total AUM is attributable to clients outside of the United States.

The firm manages $3.86 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $297.04 million each.
Orchard Global Asset Management has custody of $2.09 billion in cash and securities for 13 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in other assets the most. They account for 98% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 2% of the firm’s portfolio.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Orchard Global Asset Management LLP 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 Marc Bergeron serves?

The only and largest group of clients of Marc Bergeron is pooled investment vehicles with 11 clients and $3.68 billion of assets under management. Among the 8 most similar advisory firms, Orchard Global Asset Management has the 3rd highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $3.68 billion for 11 clients. 69% of the firm’s clients are foreign persons or businesses.

Orchard Global Asset Management also advises several private funds. Namely, four hedge funds, one private equity fund, and one securitized asset fund. The minimum investment commitment required of non-related persons ranges from $100,000 to $25,000,000.

Careers at Orchard Global Asset Management LLP

The company employs 33 people that are either part- or full-time employees. 61 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.

Marc Bergeron has been acting as President since 1 Dec 2017. Simon David James joined the executive team most recently as the Chief Compliance Officer.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Orchard Global Services Limited Partner 1 Oct 2008 75% - 100% foreign
Marc Bergeron Chief compliance officer and chief operating officer 1 Oct 2008 Other 6769849
Pierre François Michaud Chief legal officer 1 Oct 2008 Other 6769853
Michael Joseph Ruthard Chief financial officer 1 Oct 2008 Other 6769858
Paul Douglas Horvath Chief executive officer/partner 1 Dec 2009 Other 2535106
Andrew Adam Weber Partner 1 Jan 2013 Other 2660298
John Robert Young Partner 1 Mar 2017 Other 6770021
Simon David James Chief compliance officer 1 Dec 2017 Other 5062704
Marc Bergeron President 1 Dec 2017 Other 6769849
Olivia Scanlon Chief operating officer 1 Dec 2017 Other 6856465
Marc Nmn Bergeron President 1 Dec 2017 Other 6769849
Olivia Nmn Scanlon Chief operating officer 1 Dec 2017 Other 6856465

Indirect Owners

The SEC currently registers 6 indirect owners.

Name Entity Date acquired Ownership Employer ID
Orchard Global Capital Group (S) Pte Ltd Shareholder 1 Oct 2008 75% - 100% foreign
Wohi Ltd. Shareholder 1 Oct 2008 50% - 75% foreign
Gary Wee Shareholder 1 Oct 2008 75% - 100% 6058780
Santa Fe Group Inc. Shareholder 1 Oct 2014 75% - 100% foreign
Dalton Venture Investment Limited Shareholder 1 Oct 2014 75% - 100% foreign
Paul Douglas Horvath Shareholder (paul and cecile horvath, jointly) 1 Oct 2014 75% - 100% 2535106

Based in London

The principal office where Orchard Global Asset Management LLP performs its advisory services is located at 108 Cannon Street, London, Ec4 N 6 Eu, 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 44 207 060 0088 or by fax 917 677 5788. The normal business hours are 900-1700 on Monday - Friday. You can find more information about the New York firm at orchardgroup.com.