Senvest Management, LLC is a large advisory firm based in New York. It manages $1.81 billion of regulatory assets for 8 client accounts. It has been registered with the SEC as an adviser since 2016 and has operated in the jurisdictions of California and New York.
Senvest 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.
The assets under management (AUM) of Senvest Management, LLC is $1.81 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 24% since the beginning of its operation, and $1.81 billion of the total AUM is attributable to clients outside of the United States.
The advisory firm has several streams of revenue. Clients pay Senvest 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.
The firm provides services to pooled investment vehicles and corporations or other businesses. The largest group of clients of Senvest Management is pooled investment vehicles with 7 clients and $1.68 billion of assets under management. Among the 10 most similar advisory firms, Senvest Management has the 2nd highest percentage of pooled investment vehicles out of all clients.
The amount of regulatory assets under management is $1.81 billion for 8 clients. 75% of the firm’s clients are foreign persons or businesses.
Senvest Management also advises several private funds. Namely, three hedge funds. The minimum investment commitment required of non-related persons ranges from $250,000 to $1,000,000.
The company employs 26 people that are either part- or full-time employees. 46 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.
The principal office where Senvest Management, LLC performs its advisory services is located at 540 Madison Avenue, New York, NY 10022, which is also the mailing address of the firm. An additional office of the firm is in Los Angeles, CA. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 212-202-3250 or by fax 212-489-1248. The normal business hours are 9am to 5pm on Monday - Friday. You can find more information about the New York firm at senvest.com.