Pentwater Capital Management LP is a large advisory firm based in Naples. It manages $6.95 billion of regulatory assets for 20 client accounts. It has been registered with the SEC as an adviser since 2011 and has operated in the jurisdictions of Florida, Illinois, and Minnesota.
Pentwater Capital Management provides portfolio management for individuals and small businesses, 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 Pentwater Capital Management LP is $6.95 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 346% since the beginning of its operation, and $4.68 billion of the total AUM is attributable to clients outside of the United States.
The advisory firm has several streams of revenue. Clients pay Pentwater 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.
The only and largest group of clients of Pentwater Capital Management is pooled investment vehicles with 15 clients and $6.66 billion of assets under management. Among the 12 most similar advisory firms, Pentwater Capital Management has the 6th lowest percentage of pooled investment vehicles out of all clients.
The amount of regulatory assets under management is $6.66 billion for 15 clients. 70% of the firm’s clients are foreign persons or businesses.
Pentwater Capital Management also advises several private funds. Namely, six hedge funds. The minimum investment commitment required of non-related persons is $100,000 for each fund.
The company employs 33 people that are either part- or full-time employees. 45 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.
Elizabeth A Mccarthy joined the executive team most recently as the Chief Compliance Officer.
The principal office where Pentwater Capital Management LP performs its advisory services is located at 1001 10 Th Avenue South, Naples, FL 34102, which is also the mailing address of the firm. An additional office of the firm is in Evanston, IL. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 239-384-9750 or by fax 239-330-7694. The normal business hours are 8 a.m.-5 p.m. on Monday - Friday. You can find more information about the New York firm at pwcm.com.