Mill Hill Capital LLC (New York)

Name: Mill Hill Capital LLC
Address: 501 Madison Avenue, New York, NY, 10022
Telephone: 929-458-3185

Mill Hill Capital LLC is a large advisory firm based in New York. It manages $375.99 million of regulatory assets for 4 client accounts. It has been registered with the SEC as an adviser since 2016 and has operated in the jurisdiction of New York.

Mill Hill Capital 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.

Mill Hill Capital: assets under management

The assets under management (AUM) of Mill Hill Capital LLC is $375.99 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 212% since the beginning of its operation, and $375.99 million of the total AUM is attributable to clients outside of the United States.

The firm manages $375.99 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $94 million each.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Mill Hill Capital 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 Joan Plensa serves?

The only and largest group of clients of Joan Plensa is pooled investment vehicles with 4 clients and $375.99 million of assets under management. Among the 10 most similar advisory firms, Mill Hill Capital has the 2nd highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $375.99 million for 4 clients. 75% of the firm’s clients are foreign persons or businesses.

Mill Hill Capital also advises several private funds. Namely, two hedge funds. The minimum investment commitment required of non-related persons ranges from $1,000,000 to $2,500,000.

Careers at Mill Hill Capital LLC

The company employs 7 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.

Joan Plensa has been acting as President since 1 Nov 2016. Nicholas R Pepe joined the executive team most recently as the Head Of Business Development And Investor Relations.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
David Meneret	Ceo/cio	1 Feb 2015	75% - 100%	4614758
Robert Michael Perdock	Coo/cfo/cco	1 Nov 2016	Other	4238222
Hongwei Cheng	Cro	1 Nov 2016	Other	4885293
Gaurav Singhal	Senior pm	1 Nov 2016	Other	5726603
David Modiano	Head of business development and investor relations	1 Nov 2016	Other	6720775
Joan Plensa	Director	1 Nov 2016	Other	4833104
Nicholas R Pepe	Head of business development and investor relations	1 Sep 2018	Other	5020228

Based in New York

The principal office where Mill Hill Capital LLC performs its advisory services is located at 501 Madison Avenue, New York, NY 10022, 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 929-458-3185. The normal business hours are 8am to 6pm on Monday - Friday. You can find more information about the New York firm at millhillcap.com.