Terrapin Offshore Asset Management, LLC (New York)


Terrapin Offshore Asset Management, LLC is a large advisory firm based in New York. It manages $166.75 million of regulatory assets for 1 client accounts. It has been registered with the SEC as an adviser since 2005.

Terrapin Offshore Asset Management provides 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.

Terrapin Offshore Asset Management: assets under management

The assets under management (AUM) of Terrapin Offshore Asset Management, LLC is $166.75 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 33% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $166.75 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $166.75 million each.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Terrapin Offshore Asset 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.

Careers at Terrapin Offshore Asset Management, LLC

Nathan David Leight has served as the Chief Investment Officer since 1 Oct 2004. Stuart Finlay Gallin joined the executive team most recently as the Chief Financial Officer.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Elizabeth Barkin Leight Trustee, leight family 1998 irrevocable trust 1 Apr 1998 25% - 50% 5512665
Jonathan Wade Berger Trustee, leight family 1998 irrevocable trust 1 Apr 1998 25% - 50% 4562854
Murray Lloyd Sprung Trustee, weiss family trust 1 Mar 2000 25% - 50% 5512655
Nathan David Leight Managing member/chief investment officer 1 Oct 2004 Other 1021624
Jason Gregory Weiss Managing member/chief compliance officer 1 Oct 2004 Other 2743415
Leight Family 1998 Irrevocable Trust Shareholder 1 Oct 2004 25% - 50% 36-7141506
Weiss Family Trust Shareholder 1 Oct 2004 25% - 50% 36-7325565
Vincent Michael Sarullo Chif compliance officer 1 Jan 2005 Other 4951040
Nathan David Leight Managing member 1 Jan 2005 25% - 50% 1021624
Jason Gregory Weiss Managing member 1 Jan 2005 25% - 50% 2743415
John Roger Frawley Managing member 1 Jan 2005 Other 213267
Stuart Finlay Gallin Chief financial officer 1 Jan 2007 Other 5314515

Based in New York

The principal office where Terrapin Offshore Asset 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 Santa Barbara, CA. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 212-710-4100 or by fax 212-710-4105. The normal business hours are 9 am to 6 pm on Monday - Friday. You can find more information about the New York firm at www.terrapinpartners.com.