Altalis Capital Management LLC (New York)

Name: Altalis Capital Management LLC
Address: 475 Fifth Avenue, New York, NY, 10017
Telephone: 212-554-2727

Altalis Capital Management LLC is a large advisory firm based in New York. It manages $251.96 million of regulatory assets for 5 client accounts. It has been registered with the SEC as an adviser since 2014.

Altalis Capital Management 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.

Altalis Capital Management: assets under management

The assets under management (AUM) of Altalis Capital Management LLC is $251.96 million, all of which is managed in discretionary accounts. The firm's AUM has gone down by -11% since the beginning of its operation, and $190.34 million of the total AUM is attributable to clients outside of the United States.

The firm manages $251.96 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $50.39 million each.

Altalis Capital Management has custody of $131.11 million in cash and securities for 3 clients in total but doesn’t act as a qualified custodian.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Altalis Capital Management LLC for their services and products based on a percentage of assets under management and performance-based fees. The adviser charges an additional fee when a set benchmark is outperformed. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Altalis Capital Management serves?

The only and largest group of clients of Altalis Capital Management is pooled investment vehicles with 5 clients and $251.96 million of assets under management. Among the 4 most similar advisory firms, Altalis Capital Management has the highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $251.96 million for 5 clients. 80% of the firm’s clients are foreign persons or businesses.

Altalis Capital Management also advises several private funds. Namely, three hedge funds. The minimum investment commitment required of non-related persons ranges from $100,000 to $1,000,000.

Careers at Altalis Capital Management LLC

The company employs 6 people that are either part- or full-time employees. 67 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
Samuel Isaac Elder	Managing member	1 Jul 2012	25% - 50%	4430553
Adam J Fox	Managing member	1 Jul 2012	50% - 75%	4430557
Peter Gustavo Streinger	Chief compliance officer	1 Sep 2012	Other	4371048

Based in New York

The principal office where Altalis Capital Management LLC performs its advisory services is located at 475 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 212-554-2727 or by fax 212-257-7002. The normal business hours are 8-5 pm on Monday - Friday. You can find more information about the New York firm at altaliscapital.com.