Agl Credit Management LP (New York)
Agl Credit Management LP is a large advisory firm based in New York. It manages $650 million of regulatory assets for 3 client accounts. It has been registered with the SEC as an adviser since 2019 and has operated in the jurisdiction of New York.
Agl Credit Management 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.
Agl Credit Management: assets under management
The assets under management (AUM) of Agl Credit Management LP is $650 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 0% since the beginning of its operation, and $500 million of the total AUM is attributable to clients outside of the United States.
The firm manages $650 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $216.67 million each.
Agl Credit Management has custody of $650 million in cash and securities for 3 clients in total but doesn’t act as a qualified custodian.
Fees & Commissions
The advisory firm has several streams of revenue. Clients pay Agl Credit 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.
What kind of clients Agl Credit Management serves?
The only and largest group of clients of Agl Credit Management is pooled investment vehicles with 3 clients and $650 million of assets under management. Among the 7 most similar advisory firms, Agl Credit Management has the highest percentage of pooled investment vehicles out of all clients.
The amount of regulatory assets under management is $650 million for 3 clients. None of the firm’s clients are foreign persons or businesses.
Agl Credit Management also advises several private funds. Namely, four hedge funds. The minimum investment commitment required of non-related persons ranges from $50,000,000 to $150,000,000.
Careers at Agl Credit Management LP
The company employs 13 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.
Direct owners and executive officers
Indirect Owners
The SEC currently registers 5 indirect owners.Based in New York
The principal office where Agl Credit Management LP performs its advisory services is located at 1185 Avenue Of The Americas, New York, NY 10036, 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 212-973-8600 or by fax 212-973-8698. The normal business hours are 8am-6pm on Monday - Friday. You can find more information about the New York firm at and its LinkedIn profile.
