Litespeed Management, L.L.C. (New York)

Name: Litespeed Management, L.L.C.
Address: 745 Fifth Avenue, New York, NY, 10151
Telephone: 212-808-7420

Litespeed Management, L.L.C. is a large advisory firm based in New York. It manages $237.37 million of regulatory assets for 3 client accounts. It has been registered with the SEC as an adviser since 2007.

Litespeed Management, L.L.C 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.

Litespeed Management, L.L.C: assets under management

The assets under management (AUM) of Litespeed Management, L.L.C. is $237.37 million, all of which is managed in discretionary accounts. The firm's AUM has gone down by -54% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $237.37 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $79.12 million each.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Litespeed Management, L.L.C. 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 Litespeed Management, L.L.C serves?

The only and largest group of clients of Litespeed Management, L.L.C is pooled investment vehicles with 3 clients and $237.37 million of assets under management. Among the 11 most similar advisory firms, Litespeed Management, L.L.C has the highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $237.37 million for 3 clients. 12% of the firm’s clients are foreign persons or businesses.

Litespeed Management, L.L.C also advises several private funds. Namely, one hedge fund. The minimum investment commitment required of non-related persons is $5,000,000 for each fund.

Careers at Litespeed Management, L.L.C.

The company employs 8 people that are either part- or full-time employees. 50 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
Jamie Rachel Zimmerman	Managing member	1 Nov 2000	75% - 100%	1641547
Laura Anne Kleber	Chief financial officer/chief compliance officer	1 Feb 2006	Other	1909715
Charles Murphy	Chief financial officer	1 Aug 2009	Other	1909715
Lisa Litow Roitman	General counsel/chief compliance officer	1 Feb 2014	Other	5359084
Jane Shahmanesh	Chief compliance officer	1 Sep 2017	Other	4264734
Daniel Edward Mcmahon	Chief financial officer	1 Oct 2017	Other	6055152
Carlos Alberto Leal	Chief financial officer	1 Apr 2019	Other	4569301

Based in New York

The principal office where Litespeed Management, L.L.C. performs its advisory services is located at 745 Fifth Avenue, New York, NY 10151, 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 212-808-7420 or by fax 212-808-7425. The normal business hours are 9:00 am to 5:00 pm on Monday - Friday. You can find more information about the New York firm at litespeedpartners.com.