Privet Fund Management LLC (Atlanta)

Name: Privet Fund Management LLC
Address: 79 West Paces Ferry Road, Atlanta, GA, 30305
Telephone: 404-919-2670

Privet Fund Management LLC is a large advisory firm based in Atlanta. It manages $211.02 million of regulatory assets for 191 client accounts. It has been registered with the SEC as an adviser since 2013.

Privet Fund Management provides portfolio management for individuals and small businesses and 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.

Privet Fund Management: assets under management

The assets under management (AUM) of Privet Fund Management LLC is $211.02 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 210% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $211.02 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $1.1 million each.

Privet Fund Management has custody of $197.1 million in cash and securities for 2 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in exchange traded securities the most. They account for 84% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 16% of the firm’s portfolio.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Privet Fund 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 Privet Fund Management serves?

The only and largest group of clients of Privet Fund Management is pooled investment vehicles with 2 clients and $206.1 million of assets under management. Among the 8 most similar advisory firms, Privet Fund Management has the 3rd highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $206.1 million for 2 clients. None of the firm’s clients are foreign persons or businesses.

Privet Fund Management also advises several private funds. Namely, one hedge fund and one private equity fund. The minimum investment commitment required of non-related persons ranges from $0 to $1,000,000.

Careers at Privet Fund Management LLC

The company employs 5 people that are either part- or full-time employees. 60 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
Ryan J Levenson	Managing member	1 Feb 2007	50% - 75%	6197980
James A Rubright	Member	1 Apr 2011	Other	6197991
Llc Glover & Co	Member	1 Jan 2012	Other	20-3934981
Sanford Taylor Glover	Member	1 Jan 2012	Other	223241
Melissa Pittman	Chief compliance officer	1 Jul 2013	Other	6223152
Benjamin Lee Rosenzweig	Member	1 Jan 2014	Other	4975176
Paul Edward Bottinelli	Cfo/cco	1 Sep 2018	Other	5971071

Indirect Owners

The SEC currently registers 2 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Sanford Taylor Glover	Manager & member	1 Nov 2005	75% - 100%	223241
David Knox Withers	Member	1 Dec 2005	Other	4255856

Based in Atlanta

The principal office where Privet Fund Management LLC performs its advisory services is located at 79 West Paces Ferry Road, Atlanta, GA 30305, 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 404-919-2670. The normal business hours are 8:30 am - 5 pm on Monday - Friday. You can find more information about the New York firm at privetfund.com.