Sterling Ridge Capital Management LP (New York)

Sterling Ridge Capital Management LP is a large advisory firm based in New York. It manages $283.85 million of regulatory assets for 4 client accounts. It has been registered with the SEC as an adviser since 2013.

Sterling Ridge Capital Management provides 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.

Sterling Ridge Capital Management: assets under management

The assets under management (AUM) of Sterling Ridge Capital Management LP is $283.85 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 42% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $283.85 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $70.96 million each.

Sterling Ridge Capital Management has custody of $270.57 million in cash and securities for 3 clients in total but doesn’t act as a qualified custodian.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Sterling Ridge Capital Management LP 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.

Careers at Sterling Ridge Capital Management LP

Richard Harris Schimel has served as the Chief Investment Officer since 1 Sep 2013. Prashant Kolluri joined the executive team most recently as the President / Chief Operating Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Sterling Ridge Capital Llc	General partner of sterling ridge capital management lp	1 Jul 2013	Other	36-4765299
Richard Harris Schimel	Chief investment officer/limited partner	1 Sep 2013	50% - 75%	1701582
Prashant Kolluri	President / chief operating officer	1 Sep 2013	Other	2495614
Christine Marie Glick	Chief financial officer / chief compliance officer	1 Sep 2013	Other	5184021

Indirect Owners

The SEC currently registers 2 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Richard Harris Schimel	Member	1 Jul 2013	75% - 100%	1701582
Richard Harris Schimel	Managing member	1 Oct 2013	75% - 100%	1701582

Based in New York

The principal office where Sterling Ridge Capital Management LP 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 212-492-2180 or by fax 212-492-2181. The normal business hours are 9 a.m. to 5 p.m. on Monday - Friday.