Jericho Capital Asset Management L.P. (New York)

Name: Jericho Capital Asset Management L.P.
Address: 510 Madison Avenue, New York, NY, 10022
Telephone: 212-946-7650

Jericho Capital Asset Management L.P. is a large advisory firm based in New York. It manages $3.36 billion of regulatory assets for 6 client accounts. It has been registered with the SEC as an adviser since 2012.

Jericho Capital Asset 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.

Jericho Capital Asset Management: assets under management

The assets under management (AUM) of Jericho Capital Asset Management L.P. is $3.36 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 267% since the beginning of its operation, and $3.36 billion of the total AUM is attributable to clients outside of the United States.

The firm manages $3.36 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $559.98 million each.

Jericho Capital Asset Management has custody of $701.33 million in cash and securities for 2 clients in total but doesn’t act as a qualified custodian.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Jericho Capital Asset Management L.P. 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.

What kind of clients Jericho Capital Asset Management serves?

The only and largest group of clients of Jericho Capital Asset Management is pooled investment vehicles with 6 clients and $3.36 billion of assets under management. Among the 7 most similar advisory firms, Jericho Capital Asset Management has the highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $3.36 billion for 6 clients. 67% of the firm’s clients are foreign persons or businesses.

Jericho Capital Asset Management also advises several private funds. Namely, nine hedge funds. The minimum investment commitment required of non-related persons is $1,000,000 for each fund.

Careers at Jericho Capital Asset Management L.P.

The company employs 11 people that are either part- or full-time employees. 73 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.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Josh Resnick	Limited partner	1 May 2009	75% - 100%	5925855
Emer O'hanlon	Chief compliance officer, chief financial officer	1 May 2009	Other	5925865
Jericho Capital Holdings Llc	General partner	1 Jan 2010	Other	27-1789338
Sangyeup Lee	Chief operating officer	1 Apr 2014	Other	5074380

Indirect Owners

The SEC currently registers 1 indirect owner.

Name	Entity	Date acquired	Ownership	Employer ID
Josh Resnick	Managing member	1 Jan 2010	75% - 100%	5925855

Based in New York

The principal office where Jericho Capital Asset Management L.P. performs its advisory services is located at 510 Madison Avenue, New York, NY 10022, 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 212-946-7650 or by fax 212-946-7651. The normal business hours are 08:00 am - 06:00 pm on Monday - Friday. You can find more information about the New York firm at jerichocap.com/.