Hollis Park Partners LP (New York)

Name: Hollis Park Partners LP
Address: 579 Fifth Avenue, New York, NY, 10017
Telephone: 212-205-8100

Hollis Park Partners LP is a large advisory firm based in New York. It manages $3.32 billion of regulatory assets for 4 client accounts. It has been registered with the SEC as an adviser since 2014 and has operated in the jurisdiction of New York.

Hollis Park Partners 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.

Hollis Park Partners: assets under management

The assets under management (AUM) of Hollis Park Partners LP is $3.32 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 3563% since the beginning of its operation, and $2.75 billion of the total AUM is attributable to clients outside of the United States.

The firm manages $3.32 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $831.01 million each.

Investments

The firm invests in government bonds 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 Hollis Park 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 Hollis Park Partners serves?

The only and largest group of clients of Hollis Park Partners is pooled investment vehicles with 3 clients and $2.75 billion of assets under management. Among the 8 most similar advisory firms, Hollis Park Partners has the 3rd lowest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $2.75 billion for 3 clients. 50% of the firm’s clients are foreign persons or businesses.

Hollis Park Partners also advises several private funds. Namely, one hedge fund and one private equity fund. The minimum investment commitment required of non-related persons is $5,000,000 for each fund.

Careers at Hollis Park Partners LP

The company employs 13 people that are either part- or full-time employees. 46 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
Glenn David Morrison	Chief operating officer and chief compliance officer	1 Dec 2013	Other	2139198
Hollis Park Capital Partners Llc	General partner	1 Dec 2013	Other	90-1037356
Joseph Francis Valentine	Partner	1 Dec 2013	Other	2611860
Taranjit S Sabharwal	Partner	1 Dec 2013	Other	4821187
T Troy Dixon	Chief investment officer and managing partner	1 Dec 2013	75% - 100%	2370664
Robert M Coors	Chief compliance officer and chief operating officer	1 Apr 2019	Other	1614986

Indirect Owners

The SEC currently registers 1 indirect owner.

Name	Entity	Date acquired	Ownership	Employer ID
T. Troy Dixon	Managing member	1 Dec 2013	75% - 100%	1698341

Based in New York

The principal office where Hollis Park Partners LP performs its advisory services is located at 579 Fifth 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 212-205-8100. The normal business hours are 9am - 5pm on Monday - Friday. You can find more information about the New York firm at hollisparkpartners.com.