Soroban Capital Partners LP (New York)

Soroban Capital Partners LP is a large advisory firm based in New York. It manages $5.82 billion of regulatory assets for 6 client accounts. It has been registered with the SEC as an adviser since 2015.

Soroban Capital Partners 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.

Soroban Capital Partners: assets under management

The assets under management (AUM) of Soroban Capital Partners LP is $5.82 billion, all of which is managed in discretionary accounts. The firm's AUM has gone down by -46% since the beginning of its operation, and $5.81 billion of the total AUM is attributable to clients outside of the United States.

The firm manages $5.82 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $970.15 million each.

Soroban Capital Partners has custody of $5.56 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 Soroban Capital Partners LP 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 Soroban Capital Partners serves?

The only and largest group of clients of Soroban Capital Partners is pooled investment vehicles with 6 clients and $5.82 billion of assets under management. Among the 9 most similar advisory firms, Soroban Capital Partners has the 3rd highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $5.82 billion for 6 clients. 67% of the firm’s clients are foreign persons or businesses.

Soroban Capital Partners also advises several private funds. Namely, six hedge funds. The minimum investment commitment required of non-related persons ranges from $5,000,000 to $25,000,000.

Careers at Soroban Capital Partners LP

The company employs 29 people that are either part- or full-time employees. 34 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
Vito Tanzi	Coo & cfo	1 May 2010	Other	4643019
Steven Thomas Johnson	Head of investor relations	1 Aug 2010	Other	2424793
Scott Jason Friedman	Limited partner, head of trading & risk management	1 Aug 2010	Other	4438191
Ewm1 Llc	Limited partner	1 Nov 2010	50% - 75%	20-4102013
Gkk Llc	Limited partner	1 Nov 2010	25% - 50%	47-2369231
Steven Matthew Niditch	General counsel & chief compliance officer	1 Nov 2011	Other	5649504
Soroban Capital Partners Gp Llc	General partner	1 Jan 2015	Other	47-3064648

Indirect Owners

The SEC currently registers 4 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Eric Weinstein Mandelblatt	Managing director	1 Oct 2005	75% - 100%	3110537
Gaurav Kapadia	Managing director	1 Sep 2010	75% - 100%	4555613
Ewm1 Llc	Member	1 Jan 2015	50% - 75%	20-4102013
Gkk Llc	Member	1 Jan 2015	25% - 50%	47-2369231

Based in New York

The principal office where Soroban Capital Partners LP performs its advisory services is located at 55 West 46 Th Street, New York, NY 10036, 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 212-314-1300 or by fax 212-314-1301. The normal business hours are 8:00am-6:00pm on Monday - Friday.