Rhone Group L.L.C. (New York)

Name: Rhone Group L.L.C.
Address: 12 East 49 Th Street, New York, NY, 10017
Telephone: 212-218-6700

Rhone Group L.L.C. is a large advisory firm based in New York. It manages $5.09 billion of regulatory assets for 9 client accounts. It has been registered with the SEC as an adviser since 2012.

Rhone Group L.L.C 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.

Rhone Group L.L.C: assets under management

The assets under management (AUM) of Rhone Group L.L.C. is $5.09 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 54% since the beginning of its operation, and $4.78 billion of the total AUM is attributable to clients outside of the United States.

The firm manages $5.09 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $566.09 million each.

Rhone Group L.L.C has custody of $691.17 million in cash and securities for 2 clients in total but doesn’t act as a qualified custodian.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Rhone Group L.L.C. 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 Rhone Group L.L.C serves?

The only and largest group of clients of Rhone Group L.L.C is pooled investment vehicles with 9 clients and $5.09 billion of assets under management. Among the 9 most similar advisory firms, Rhone Group L.L.C has the highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $5.09 billion for 9 clients. 78% of the firm’s clients are foreign persons or businesses.

Rhone Group L.L.C also advises several private funds. Namely, four private equity funds. The minimum investment commitment required of non-related persons is $100,000 for each fund.

Careers at Rhone Group L.L.C.

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
Robert Frank Agostinelli	Managing director	1 May 1996	25% - 50%	1649275
Nancy Carlin Cooper	Operations partner	1 May 1996	Other	1704383
Michael Steven Langman	Managing director	1 May 1996	25% - 50%	1732465
Andrew Woodward Sweet	Managing director	1 Jan 2004	Other	1730303
Eytan Amichai Tigay	Managing director	1 Feb 2007	Other	2001493
Assicurazioni Generali S.P.A.	Non-managing member	1 Oct 2007	Other	foreign
Frans Petter David Johnsson	Managing director	1 Sep 2008	Other	6029471
Rhone Group L.L.C.	Manager of managing general partner - luperca management c.v.	1 Oct 2008	50% - 75%	161731
Franz Ferdinand Alfons Maria Buerstedde	Managing director	1 Jan 2011	Other	6029470
Gianpiero Nmn Lenza	Managing director	1 Jan 2011	Other	6029474
Marsha Allison Steiner	Chief compliance officer and general counsel	1 Feb 2012	Other	5423116
Sebastien Mazella Di Bosco	Managing director	1 Jan 2014	Other	4698524
Peter Roy Ezersky	Managing director	1 Jan 2015	Other	1569510
Sylvain Héfès	Managing director	1 Jan 2017	Other	6774010
Jose Manuel Vargas	Managing director	1 Jan 2018	Other	6933182
Inc. Alpine Newco	Member	1 Apr 2018	25% - 50%	82-5055917

Indirect Owners

The SEC currently registers 1 indirect owner.

Name	Entity	Date acquired	Ownership	Employer ID
Eurazeo Se	Shareholder	1 Apr 2018	75% - 100%	foreign

Based in New York

The principal office where Rhone Group L.L.C. performs its advisory services is located at 12 East 49 Th Street, 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 212-218-6700 or by fax 212-218-6789. The normal business hours are 9am-5pm on Monday - Friday. You can find more information about the New York firm at rhonepartners.com.