Senator Investment Group LP (New York)

Name: Senator Investment Group LP
Address: 510 Madison Avenue, New York, NY, 10022
Telephone: 212-376-4300

Senator Investment Group LP is a large advisory firm based in New York. It manages $11.08 billion of regulatory assets for 8 client accounts. It has been registered with the SEC as an adviser since 2012.

Senator Investment Group 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.

Senator Investment Group: assets under management

The assets under management (AUM) of Senator Investment Group LP is $11.08 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 118% since the beginning of its operation, and $10.8 billion of the total AUM is attributable to clients outside of the United States.

The firm manages $11.08 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $1.39 billion each.

Senator Investment Group has custody of $11.08 billion in cash and securities for 8 clients in total but doesn’t act as a qualified custodian.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Senator Investment Group 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 Senator Investment Group serves?

The only and largest group of clients of Senator Investment Group is pooled investment vehicles with 8 clients and $11.08 billion of assets under management. Among the 10 most similar advisory firms, Senator Investment Group has the 2nd highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $11.08 billion for 8 clients. 50% of the firm’s clients are foreign persons or businesses.

Senator Investment Group also advises several private funds. Namely, two hedge funds. The minimum investment commitment required of non-related persons is $1,000,000 for each fund.

Careers at Senator Investment Group LP

The company employs 39 people that are either part- or full-time employees. 49 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
Alexander Mathew Klabin	Co-chief executive officer	1 Feb 2008	Other	3106126
Douglas Nathan Silverman	Co-chief executive officer	1 Feb 2008	Other	4232157
Senator Management Llc	General partner	1 Feb 2008	Other	26-2124487
Senator Management Gp Llc	General partner	1 Feb 2008	Other	26-2124487
Edward John Larmann	Chief operating officer	1 May 2008	Other	4873776
Alexander Mathew Klabin	Co-chief executive officer	1 Dec 2008	Other	3106126
Douglas Nathan Silverman	Co-chief executive officer	1 Dec 2008	Other	4232157
Klabin Family Investments Llc	Limited partner	1 Dec 2009	25% - 50%	27-1547694
Silverman Family Investments Llc	Limited partner	1 Dec 2009	25% - 50%	27-1547565
Evan Robert Gartenlaub	Chief compliance officer & general counsel	1 Jan 2010	Other	5272351
Edward John Larmann	Chief operating officer	1 Jan 2011	Other	4873776
Bsch Master I Sub (Sen Mgr) L.P.	Class b partner	1 Feb 2014	Other	46-4629101
Bsch Master Ii Sub (Sen Gp) L.P.	Class b partner	1 Feb 2014	Other	46-4639990

Indirect Owners

The SEC currently registers 21 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Alexander Mathew Klabin	Manager	1 Dec 2009	75% - 100%	3106126
Douglas Nathan Silverman	Manager	1 Dec 2009	75% - 100%	4232157
Paus2 Px (Investments) Ltd.	Limited partner	1 Jul 2013	50% - 75%	98-1119975
Paus Gv (Investments) Litd.	Limited partner	1 Jul 2013	50% - 75%	98-1124392
Paus Gv (Investments) Ltd.	Limited partner	1 Jul 2013	50% - 75%	98-1124392
Blackstone Strategic Capital Associates L.L.C.	General partner	1 Oct 2013	Other	90-1022649
Alaska Permanent Fund Corporation	Limited partner	1 Dec 2013	50% - 75%	92-6001185
Bsch Master I L.P.	Limited partner	1 Jan 2014	75% - 100%	46-4629101
Bsch A Intermediate L.P.	Limited partner	1 Jan 2014	50% - 75%	46-4620182
Bsch A (Sen Mgr) L.L.C.	Limited partner	1 Jan 2014	75% - 100%	46-4629623
Blackstone Strategic Capital Holdings (Cayman) L.P.	Sole member	1 Jan 2014	75% - 100%	98-1135363
Blackstone Strategic Capital Holdings L.P.	Limited partner	1 Jan 2014	25% - 50%	80-0956089
Bsch Master Ii L.P.	Limited partner	1 Jan 2014	75% - 100%	46-4639990
Bsch B Intermediate L.P.	Limited partner	1 Jan 2014	50% - 75%	37-1749176
Bsch B (Sen Gp) Ltd.	Limited partner	1 Jan 2014	75% - 100%	98-1151459
Blackstone Strategic Captial Holdings (Cayman) L.P.	Shareholder	1 Jan 2014	75% - 100%	98-1135363
Blackstone Strategic Captial Holdings B L.P.	Limited partner	1 Jan 2014	25% - 50%	38-3923025
Blackstone Strategic Capital Associates L.L.C.	General partner	1 Jan 2014	Other	90-1022649
Blackstone Strategic Capital Associates B L.L.C.	General partner	1 Jan 2014	Other	26-0450259
Paus Lp	Limited partner	1 Jan 2014	50% - 75%	98-1118920
Paus2 (Investments) Gp Ltd.	General partner	1 Jan 2014	Other	98-1118920

Based in New York

The principal office where Senator Investment Group LP 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 212-376-4300. The normal business hours are 8am - 6pm on Monday - Friday. You can find more information about the New York firm at senatorlp.com.