New Leaf Venture Partners LLC (New York)

Name: New Leaf Venture Partners LLC
Address: 420 Lexington Avenue, New York, NY, 10170
Telephone: 646-871-6420

New Leaf Venture Partners LLC is a large advisory firm based in New York. It manages $1.06 billion of regulatory assets for 7 client accounts. It has been registered with the SEC as an adviser since 2014 and has operated in the jurisdictions of California and New York.

New Leaf Venture 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.

New Leaf Venture Partners: assets under management

The assets under management (AUM) of New Leaf Venture Partners LLC is $1.06 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 21% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $1.06 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $151.45 million each.

New Leaf Venture Partners has custody of $997.23 million in cash and securities for 7 clients in total but doesn’t act as a qualified custodian.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay New Leaf Venture Partners LLC 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 New Leaf Venture Partners serves?

The only and largest group of clients of New Leaf Venture Partners is pooled investment vehicles with 7 clients and $1.06 billion of assets under management. Among the 7 most similar advisory firms, New Leaf Venture Partners has the 2nd highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $1.06 billion for 7 clients. None of the firm’s clients are foreign persons or businesses.

New Leaf Venture Partners also advises several private funds. Namely, seven venture capital funds.

Careers at New Leaf Venture Partners LLC

The company employs 11 people that are either part- or full-time employees. 64 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
Craig Lawrence Slutzkin	Chief financial officer/chief compliance officer	1 Jul 2005	Other	4578555
Ronald Martin Hunt	Managing director	1 Jul 2005	Other	6050915
Vijay Kiran Lathi	Managing director	1 Jul 2005	Other	3035344
Jeani Camarano Delagardelle	Managing director	1 Jul 2005	Other	4278794
Philippe Olaf Chambon	Managing director	1 Jul 2005	Other	2620781
Philippe Chambon	Managing director and member	1 Jul 2005	Other	2620781
Jeani C. Delagardelle	Managing director and member	1 Jul 2005	Other	4278794
Vijay Lathi	Managing director and member	1 Jul 2005	Other	3035344
L.L.C. Nlv Partners Management	Managing member	1 Jan 2008	Other	26-1857579
Liam Thomas Ratcliffe	Managing director	1 Jun 2014	Other	6319054
Liam T Ratcliffe	Managing director and member	1 Jun 2014	Other	6319054
L.P. New Leaf Venture Partners Holdings	Member	1 Jan 2015	75% - 100%	37-1774904
Isaac Manke	General partner	1 Apr 2018	Other	5155528

Indirect Owners

The SEC currently registers 1 indirect owner.

Name	Entity	Date acquired	Ownership	Employer ID
Llc Nlv Partners Management Gp	Active	1 Jan 2008	Other	26-1857579

Based in New York

The principal office where New Leaf Venture Partners LLC performs its advisory services is located at 420 Lexington Avenue, New York, NY 10170, which is also the mailing address of the firm. An additional office of the firm is in Menlo Park, CA. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 646-871-6420 or by fax 646-519-2773. The normal business hours are 8:30 am to 6:00 pm on Monday - Friday. You can find more information about the New York firm at nlvpartners.com.