Fifth Street Management LLC is a large advisory firm based in Greenwich. It manages $3.94 billion of regulatory assets for 3 client accounts. It has been registered with the SEC as an adviser since 2007 and has operated in the jurisdiction of Connecticut.
Fifth Street Management provides portfolio management for investment companies and 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 Fifth Street Management LLC is $3.94 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 2216% 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 Fifth Street 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.
Bernard D. Berman has been acting as President since 1 Mar 2007. Ivelin M. Dimitrov has served as the Chief Investment Officer since 1 Jun 2008 and Leonard M. Tannenbaum is the Chief Executive Officer of Fifth Street Management LLC family office. Bernard David Berman joined the executive team most recently as the Co President.
The principal office where Fifth Street Management LLC performs its advisory services is located at 777 West Putnam Avenue, Greenwich, CT 06830, which is also the mailing address of the firm. An additional office of the firm is in Chicago, IL. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 203-681-3600 or by fax 203-681-3879. The normal business hours are 8:30 am-6:00 pm on Monday - Friday. You can find more information about the New York firm at fifthstreetfinance.com.