Pomona Management LLC is a large advisory firm based in New York. It manages $5.79 billion of regulatory assets for 21 client accounts. It has been registered with the SEC as an adviser since 2008 and has operated in the jurisdiction of New York.
Pomona Management provides portfolio management for investment companies, portfolio management for pooled investment vehicles, and portfolio management for private equity secondaries funds-of-funds, primary funds-of-funds and secondary co-investment funds. 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 Pomona Management LLC is $5.79 billion. The firm's AUM has grown by 7% since the beginning of its operation, and $383.1 million of the total AUM is attributable to clients outside of the United States.
The advisory firm has several streams of revenue. Clients pay Pomona 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 firm provides services to investment companies and pooled investment vehicles. The largest group of clients of Pomona Management is pooled investment vehicles with 19 clients and $5.68 billion of assets under management. Among the 7 most similar advisory firms, Pomona Management has the highest percentage of pooled investment vehicles out of all clients.
The amount of regulatory assets under management is $5.79 billion for 21 clients. 43% of the firm’s clients are foreign persons or businesses.
Pomona Management also advises several private funds. Namely, forty three private equity funds. The minimum investment commitment required of non-related persons is $10,000,000 for each fund.
The company employs 28 people that are either part- or full-time employees. 57 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 compensates employees in addition to the salary for bringing in new clients. Employees receive compensation from other entities for client referrals.
The principal office where Pomona Management LLC performs its advisory services is located at 780 Third Avenue, New York, NY 10017, 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 212-593-3639 or by fax 212-593-3987. The normal business hours are 8:30 am - 5:00 pm on Monday - Friday. You can find more information about the New York firm at pomonacapital.com.