Explorer Alternative Management, LLC (New York)


Explorer Alternative Management, LLC is an adviser based in New York. It manages $35.19 million of regulatory assets for 3 client accounts. It has been registered with the SEC as an adviser since 2008 and has operated in the jurisdiction of New York.

Explorer Alternative Management provides portfolio management for investment companies and market timing services. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Explorer Alternative Management: assets under management

The assets under management (AUM) of Explorer Alternative Management, LLC is $35.19 million. The firm's AUM has gone down by -68% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $10.19 million in discretionary accounts and $25 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $10.19 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $12.5 million.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Explorer Alternative Management, LLC for their services and products based on a percentage of assets under management. 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.

Careers at Explorer Alternative Management, LLC

Stephen Haley Scott has served as the Chief Investment Officer since 1 Aug 2003. Mona Aboelnaga joined the executive team most recently as the Ceo.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Stephen Haley Scott Chief investment officer 1 Aug 2003 Other 2238352
Richard Clinton Hazen Member 1 Aug 2003 Other 2918346
Seth Phillip Platt Chief compliance officer 1 Jul 2005 Other 4996091
Proctor Investment Managers Llc Member 1 Nov 2006 25% - 50% 42-1687702
S & Ep Holding Corp Member 1 Jan 2007 Other 20-8200415
Inc. Shs2 Member 1 Jan 2007 25% - 50% 20-5340157

Indirect Owners

The SEC currently registers 4 indirect owners.

Name Entity Date acquired Ownership Employer ID
Nbf Private Equity Holdings Inc Member 1 Nov 2006 75% - 100% 95-4653753
Seth Phillip Platt President 1 Jan 2007 75% - 100% 4996091
Stephen Haley Scott President 1 Jan 2007 75% - 100% 2238352
Mona Aboelnaga Ceo 1 Nov 2007 Other 2085071

Based in New York

The principal office where Explorer Alternative Management, LLC performs its advisory services is located at 149 Fifth Avenue, New York, NY 10010, which is also the mailing address of the firm. The firm also has an office outside of the United States.

You can reach the main office by calling the phone number 347-827-0073. The normal business hours are 9am-5pm on Monday - Friday.