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Longacre Fund Management, LLC (New York)


Longacre Fund Management, LLC is a large advisory firm based in New York. It manages $560.64 million of regulatory assets for 34 client accounts. It has been registered with the SEC as an adviser since 2005 and has operated in the jurisdiction of New York.

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Longacre Fund Management provides portfolio management for pooled investment vehicles and portfolio management for businesses and institutional clients. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Longacre Fund Management: assets under management

The assets under management (AUM) of Longacre Fund Management, LLC is $560.64 million, all of which is managed in discretionary accounts. The firm's AUM has gone down by -58% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.


The firm manages $560.64 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $16.49 million each.
Longacre Fund Management has custody of $67.55 million in cash and securities for 12 clients in total but doesn’t act as a qualified custodian.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Longacre Fund Management, LLC 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.

Indirect Owners

The SEC currently registers 8 indirect owners.

Name Entity Date acquired Ownership Employer ID
David Jay Broser Shareholder 1 Jan 1995 25% - 50% 1389961
Mindy Broser Cepelewicz Shareholder 1 Jan 1995 25% - 50% 5065452
Lori Broser Furnari Shareholder 1 Jan 1995 25% - 50% 5065455
Susan Broser Guttentag Shareholder 1 Jan 1995 25% - 50% 5065458
Steven Scott Weissman Limited partner 1 Jan 2008 25% - 50% 2632500
John Raymond Brecker Limited partner 1 Jan 2008 25% - 50% 2580123
Vladimir Jelisavcic Limited partner 1 Jan 2008 25% - 50% 2479606
Llc Longacre Hp Gp General partner 1 Jan 2008 Other 75-3263602

Based in New York

The principal office where Longacre Fund Management, LLC performs its advisory services is located at 1325 Avenue Of The Americas, New York, NY 10019, 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 212-259-4300 or by fax 212-786-6260. The normal business hours are 9:00 a.m. to 5:00 p.m. on Monday - Friday. You can find more information about the New York firm at longacrellc.com.


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