One William Street Capital Management, LP. (New York)


One William Street Capital Management, LP. is a large advisory firm based in New York. It manages $5.9 billion of regulatory assets for 23 client accounts. It has been registered with the SEC as an adviser since 2009.

One William Street Capital Management provides 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.

One William Street Capital Management: assets under management

The assets under management (AUM) of One William Street Capital Management, LP. is $5.9 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 468% since the beginning of its operation, and $4.5 billion of the total AUM is attributable to clients outside of the United States.

The firm manages $5.9 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $256.52 million each.
One William Street Capital Management has custody of $5.38 billion in cash and securities for 22 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in pooled investment vehicles the most. They account for 77% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 10% of the firm’s portfolio. Investments in other assets form 9% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay One William Street Capital Management, LP. 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 One William Street Capital Management serves?

The only and largest group of clients of One William Street Capital Management is pooled investment vehicles with 22 clients and $5.38 billion of assets under management. Among the 9 most similar advisory firms, One William Street Capital Management has the 3rd highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $5.38 billion for 22 clients. 78% of the firm’s clients are foreign persons or businesses.

One William Street Capital Management also advises several private funds. Namely, eight hedge funds. The minimum investment commitment required of non-related persons ranges from $100,000 to $10,000,000.

Careers at One William Street Capital Management, LP.

The company employs 63 people that are either part- or full-time employees. 46 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.

One William Street Capital Management, LP. is owned by David N Sherr. David Neal Sherr has served as the Chief Investment Officer since 1 Apr 2008. Stephanie Elizabeth Dolan joined the executive team most recently as the Chief Financial Officer.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
David Neal Sherr Limited partner/chief executive officer/chief investment officer 1 Apr 2008 50% - 75% 2042211
Kurt Anthony Locher Limited partner/chief financial officer/chief operating officer 1 Apr 2008 Other 1918968
Khalil Antoine Kanaan Limited partner/executive officer 1 Apr 2008 Other 4611188
Frank Carmen Prezioso Limited partner/executive officer 1 Apr 2008 Other 2266352
Matthew Jed Ziffer Limited partner/executive officer 1 Apr 2008 Other 3169778
Llc One William Street Capital Holdings General partner 1 Apr 2008 Other 90-0342357
David N Sherr Owner/chief executive officer 1 Apr 2008 75% - 100% 2042211
Khalil A Kanaan Owner/executive officer 1 Apr 2008 Other 4611188
Srinivas Modukuri Owner/chief investment officer 1 Apr 2008 Other 3127140
Christopher Robinson Epes Chief legal officer 1 May 2008 Other 4743724
Christopher Robinson Epes Chief compliance officer 1 May 2009 Other 4743724
Llc Sherr Family Investments Limited partner 1 Dec 2012 Other 46-1516329
Joshua David Simons Limited partner/executive officer 1 Jan 2015 Other 4303192
Stephanie Elizabeth Dolan Chief financial officer 1 Feb 2018 Other 2988605

Indirect Owners

The SEC currently registers 5 indirect owners.

Name Entity Date acquired Ownership Employer ID
David N. Sherr 2012 Descendants' Trust Member 1 Dec 2012 50% - 75% 35-7010187
David Neal Sherr Co-trustee 1 Dec 2012 25% - 50% 2042211
Holly Ann Sherr Co-trustee 1 Dec 2012 50% - 75% 5671763
Kurt Anthony Locher Co-trustee 1 Dec 2012 50% - 75% 1918968
Holly A. Sherr 2012 Descendants' Trust Member 1 Dec 2012 25% - 50% 35-7010188

Based in New York

The principal office where One William Street Capital Management, LP. performs its advisory services is located at 299 Park Avenue, New York, NY 10171, 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 212-957-2500 or by fax 212-259-2106. The normal business hours are 8am - 6pm on Monday - Friday. You can find more information about the New York firm at onewilliamstreet.com.