Old Bellows Partners L.P. (New York)


Old Bellows Partners L.P. is a large advisory firm based in New York. It manages $285.38 million of regulatory assets for 8 client accounts. It has been registered with the SEC as an adviser since 2012 and has operated in the jurisdiction of New York.

Old Bellows Partners 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.

Old Bellows Partners: assets under management

The assets under management (AUM) of Old Bellows Partners L.P. is $285.38 million, all of which is managed in discretionary accounts. The firm's AUM has gone down by -1% since the beginning of its operation, and $249.53 million of the total AUM is attributable to clients outside of the United States.

The firm manages $285.38 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $35.67 million each.
Old Bellows Partners has custody of $285.38 million in cash and securities for 8 clients in total but doesn’t act as a qualified custodian.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Old Bellows Partners L.P. 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.

What kind of clients Old Bellows Partners serves?

The only and largest group of clients of Old Bellows Partners is pooled investment vehicles with 8 clients and $285.38 million of assets under management. Among the 9 most similar advisory firms, Old Bellows Partners has the 2nd highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $285.38 million for 8 clients. 75% of the firm’s clients are foreign persons or businesses.

Old Bellows Partners also advises several private funds. Namely, six hedge funds. The minimum investment commitment required of non-related persons ranges from $0 to $1,000,000.

Careers at Old Bellows Partners L.P.

The company employs 16 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
Old Bell Associates Llc General partner 1 Jan 2007 Other 37-1531845
Scoggin Llc Limited partner 1 Jan 2007 25% - 50% 13-4019370
Abhijit Dev Chodry Limited partner 1 Jan 2007 25% - 50% 2374687
Todd Matthew Jablonsky Chief financial officer 1 Mar 2009 Other 2315354
Daniel Steven Taub Chief compliance officer / chief legal officer 1 Jun 2009 Other 4352661
Scoggin Management Lp Limited partner 1 Dec 2015 25% - 50% 13-4019370
Scott Jeffrey Cohen Chief compliance officer 1 Jan 2018 Other 1769646

Indirect Owners

The SEC currently registers 6 indirect owners.

Name Entity Date acquired Ownership Employer ID
Craig Effron Managing member 1 Jul 1998 25% - 50% 6025446
Curtis Schenker Managing member 1 Jul 1998 25% - 50% 6025450
Abhijit Dev Chodry Managing member 1 Nov 2006 75% - 100% 2374687
Craig Whitney Effron Managing member 1 Dec 2015 50% - 75% 6025446
Curtis Joseph Schenker Managing member 1 Dec 2015 50% - 75% 6025450
Scoggin Gp Llc General partner 1 Dec 2015 Other 81-0840645

Based in New York

The principal office where Old Bellows Partners L.P. performs its advisory services is located at 660 Madison Avenue, New York, NY 10065, 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 212-355-5600 or by fax 212-355-7480. The normal business hours are 9am-5pm on Monday - Friday.