Kylin Management LLC (New York)


Kylin Management LLC is a large advisory firm based in New York. It manages $1.52 billion of regulatory assets for 7 client accounts. It has been registered with the SEC as an adviser since 2006 and has operated in the jurisdiction of New York.

Kylin 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.

Kylin Management: assets under management

The assets under management (AUM) of Kylin Management LLC is $1.52 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 2820% since the beginning of its operation, and $881.05 million of the total AUM is attributable to clients outside of the United States.

The firm manages $1.52 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $216.99 million each.
Kylin Management has custody of $1.48 billion in cash and securities for 6 clients in total but doesn’t act as a qualified custodian.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Kylin 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.

What kind of clients Kylin Management serves?

The only and largest group of clients of Kylin Management is pooled investment vehicles with 7 clients and $1.52 billion of assets under management. Among the 9 most similar advisory firms, Kylin Management has the 3rd highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $1.52 billion for 7 clients. 71% of the firm’s clients are foreign persons or businesses.

Kylin Management also advises several private funds. Namely, three hedge funds. The minimum investment commitment required of non-related persons ranges from $2,000,000 to $100,000,000.

Careers at Kylin Management LLC

The company employs 23 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 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.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Teddy Kyung Ho Kang Manager, member and chief investment officer of registrant 1 Jan 2006 50% - 75% 2516609
Paul Guggenheimer Chief financial officer, chief compliance officer 1 Jan 2006 Other 3202212
Yusuke Suzuki Member of registrant 1 Jan 2006 Other 4528157
Silver Phoenix Management Llc Member of kylin partners llc 1 Jan 2006 50% - 75% 47-1146996
Ys Management Llc Member of kylin partners llc 1 Jan 2006 Other 47-1147064
Red Falcon Management Llc Member of registrant 1 Jan 2008 25% - 50% 26-1624028
Black Osprey Management Llc Member of kylin partners llc 1 Jun 2010 25% - 50% 26-0347810
David K Kim Chief operating officer 1 Apr 2012 Other 5093183
Teddy Kyung Ho Kang Manager of kylin partners iii llc 1 Oct 2013 Other 2516609
Black Osprey Management Llc Member of kylin partners iii llc 1 Oct 2013 75% - 100% 26-0347810
Ys Management Llc Member of kylin partners iii llc 1 Oct 2013 Other 47-1147064
Teddy Kyung Ho Kang Manager and chief investment officer of kylin capital llc 1 May 2014 Other 2516609
Black Osprey Management Llc Member of kylin capital llc 1 May 2014 75% - 100% 26-0347810
Kylin Capital Management Lp Managing member 1 Oct 2015 75% - 100% 81-2018012
David James Gleason Chief financial officer 1 Mar 2016 Other 2826780
Hyon Soo (Jake) Nmn Park Chief compliance officer 1 Mar 2016 Other 6622668
Hyon Soo (Nmn) Park Chief compliance officer 1 Mar 2016 Other 6622668

Indirect Owners

The SEC currently registers 14 indirect owners.

Name Entity Date acquired Ownership Employer ID
Teddy Kyung Ho Kang Manager, member 1 Dec 2005 50% - 75% 2516609
Kang 2007 Family Trust Member 1 Dec 2005 25% - 50% 35-6953396
Yusuke Suzuki Trustee of kang 2007 family trust, a member 1 Dec 2005 25% - 50% 4528157
Suzuki 2006 Family Trust Member 1 Jan 2006 50% - 75% 35-7074523
Michiyo Suzuki Trustee of suzuki 2006 family trust, a member 1 Jan 2006 50% - 75% 6363749
Teddy Kyung Ho Kang Manager, member 1 May 2007 Other 2516609
Kang 2007 Family Trust Member 1 May 2007 75% - 100% 35-6953396
Yusuke Suzuki Trustee of kang 2007 family trust, a member 1 May 2007 75% - 100% 4528157
Teddy Kyung Ho Kang Manager, member 1 Jan 2008 Other 2516609
Yusuke Suzuki Trustee of kang 2007 family trust, a member 1 Jan 2008 75% - 100% 4528157
Kang 2007 Family Trust Member 1 Jan 2008 75% - 100% 35-6953396
Teddy Kyung Ho Kang Manager, member 1 Oct 2015 50% - 75% 2516609
Red Falcon Management Llc Member 1 Oct 2015 25% - 50% 26-1624028
Kylin Capital Management Gp Llc General partner 1 Oct 2015 Other 81-2011261

Based in New York

The principal office where Kylin Management LLC performs its advisory services is located at 475 Fifth Ave, 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 212-323-8100 or by fax 212-323-8101. The normal business hours are 8:30am-6:00pm on Monday - Friday.