Greywolf Capital Management LP (Purchase)


Greywolf Capital Management LP is a large advisory firm based in Purchase. It manages $3.92 billion of regulatory assets for 49 client accounts. It has been registered with the SEC as an adviser since 2005 and has operated in the jurisdictions of California and New York.

Greywolf Capital Management 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.

Greywolf Capital Management: assets under management

The assets under management (AUM) of Greywolf Capital Management LP is $3.92 billion. The firm's AUM has grown by 69% since the beginning of its operation, and $3.79 billion of the total AUM is attributable to clients outside of the United States.

The firm manages $3.91 billion in discretionary accounts and $10.47 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $81.4 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $10.47 million.
Greywolf Capital Management has custody of $799.81 million in cash and securities for 20 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in other assets the most. They account for 100% of the total AUM.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Greywolf Capital Management LP 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 Greywolf Capital Management serves?

The firm provides services to pooled investment vehicles and corporations or other businesses. The largest group of clients of Greywolf Capital Management is pooled investment vehicles with 26 clients and $3.9 billion of assets under management. Among the 10 most similar advisory firms, Greywolf Capital Management has the 4th highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $3.92 billion for 27 clients. 81% of the firm’s clients are foreign persons or businesses.

Greywolf Capital Management also advises several private funds. Namely, eighteen hedge funds and six securitized asset funds. The minimum investment commitment required of non-related persons ranges from $100,000 to $1,000,000.

Careers at Greywolf Capital Management LP

The company employs 29 people that are either part- or full-time employees. 45 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.

Joseph C Marconi joined the executive team most recently as the Limited Partner.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Jonathan Stephen Savitz Chief executive officer 1 Feb 2003 25% - 50% 1736441
William Robert Troy Chief risk officer 1 Feb 2003 Other 1140273
James Roland Gillespie Limited partner 1 Mar 2003 25% - 50% 2774894
Greywolf Gp Llc General partner 1 Mar 2003 Other 54-2104223
Cevdet Samikoglu Limited partner 1 Mar 2003 Other 2931461
Robert Alan Miller Limited partner 1 Mar 2003 Other 1983452
David Chet Wolinsky Chief compliance officer 1 Apr 2005 Other 5070403
Brett Matthew Bush Chief operating officer 1 May 2005 Other 5070402
Brett Bush Chief operating officer 1 May 2005 Other 5070402
Gregory Thomas Mount Limited partner 1 Sep 2005 Other 2158026
Michelle Lynd General counsel/chief compliance officer 1 Feb 2006 Other 5098955
Stephen Comer Ellwood Chief compliance officer 1 Aug 2006 Other 2966159
Dave Ray General counsel 1 Oct 2007 Other 5460549
Christopher George Samios Chief compliance officer & associate general counsel 1 Mar 2010 Other 5774944
Jeffrey Daniel Silva Chief financial officer 1 Jul 2010 Other 4371198
Joseph C Marconi Limited partner 1 Sep 2013 Other 2388729

Indirect Owners

The SEC currently registers 1 indirect owner.

Name Entity Date acquired Ownership Employer ID
Jonathan Stephen Savitz Managing member 1 Mar 2003 75% - 100% 1736441

Based in Purchase

The principal office where Greywolf Capital Management LP performs its advisory services is located at 4 Manhattanville Road, Purchase, NY 10577 2119, which is also the mailing address of the firm. An additional office of the firm is in San Francisco, CA. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 914-251-8200 or by fax 914-251-8244. The normal business hours are 8:00-6:00 on Monday - Friday. You can find more information about the New York firm at greywolfcapital.com.