New Leaf Venture Partners LLC is a large advisory firm based in New York. It manages $1.06 billion of regulatory assets for 7 client accounts. It has been registered with the SEC as an adviser since 2014 and has operated in the jurisdictions of California and New York.
New Leaf Venture 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.
The assets under management (AUM) of New Leaf Venture Partners LLC is $1.06 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 21% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
The advisory firm has several streams of revenue. Clients pay New Leaf Venture Partners 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 only and largest group of clients of New Leaf Venture Partners is pooled investment vehicles with 7 clients and $1.06 billion of assets under management. Among the 7 most similar advisory firms, New Leaf Venture Partners has the 2nd highest percentage of pooled investment vehicles out of all clients.
The amount of regulatory assets under management is $1.06 billion for 7 clients. None of the firm’s clients are foreign persons or businesses.
New Leaf Venture Partners also advises several private funds. Namely, seven venture capital funds.
The company employs 11 people that are either part- or full-time employees. 64 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.
The principal office where New Leaf Venture Partners LLC performs its advisory services is located at 420 Lexington Avenue, New York, NY 10170, which is also the mailing address of the firm. An additional office of the firm is in Menlo Park, CA. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 646-871-6420 or by fax 646-519-2773. The normal business hours are 8:30 am to 6:00 pm on Monday - Friday. You can find more information about the New York firm at nlvpartners.com.