Valinor Management, L.P. (New York)

Valinor Management, L.P. is a large advisory firm based in New York. It manages $2.73 billion of regulatory assets for 6 client accounts. It has been registered with the SEC as an adviser since 2015.

Valinor 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.

Valinor Management: assets under management

The assets under management (AUM) of Valinor Management, L.P. is $2.73 billion, all of which is managed in discretionary accounts. The firm's AUM has gone down by -49% since the beginning of its operation, and $2.03 billion of the total AUM is attributable to clients outside of the United States.

The firm manages $2.73 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $454.92 million each.

Valinor Management has custody of $2.73 billion in cash and securities for 6 clients in total but doesn’t act as a qualified custodian.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Valinor Management, L.P. 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 Valinor Management serves?

The only and largest group of clients of Valinor Management is pooled investment vehicles with 6 clients and $2.73 billion of assets under management. Among the 8 most similar advisory firms, Valinor Management has the highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $2.73 billion for 6 clients. 33% of the firm’s clients are foreign persons or businesses.

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

Careers at Valinor Management, L.P.

The company employs 32 people that are either part- or full-time employees. 56 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
David Lawrence Gallo	Managing partner	1 Jul 2007	75% - 100%	2502607
David Alan Angstreich	Cfo/coo	1 Jul 2007	Other	5913196
Llc Valinor Management Associates	General partner	1 Apr 2015	Other	47-3600765
Matthew J. Zweig	General counsel and cco	1 Aug 2015	Other	5075305
Owen Matthew Schmidt	General counsel and chief compliance officer	1 Jul 2018	Other	4825554

Indirect Owners

The SEC currently registers 1 indirect owner.

Name	Entity	Date acquired	Ownership	Employer ID
David Lawrence Gallo	Managing member	1 Apr 2015	75% - 100%	2502607

Based in New York

The principal office where Valinor Management, L.P. performs its advisory services is located at 510 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 212-918-5226 or by fax 212-918-5246. The normal business hours are 8 am - 6 pm on Monday - Friday.