STABLE ASSET MANAGEMENT LP
Adviser information for STABLE ASSET MANAGEMENT LP last updated from Form ADV on March 28th, 2024. Select data displayed; additional Form ADV, Form D, Form 13F and other data is available from the Fincoded API.
Advisory Business
| Type of Organization | Limited Partnership |
|---|---|
| Fiscal Year End | DECEMBER |
| Legal Location | Delaware, United States |
Employees
| Total Number of Employees | 18 |
|---|---|
| Investment Advisory/Research | 5 |
| Registered Broker-Dealer Representatives | 0 |
| Registered State Investment Advisers | 0 |
| Licensed Agents of an Insurance Company | 0 |
| No. of Firms/People that Solicit Clients | 0 |
RAUM
| Provides Management of Securities Portfolios | Yes |
|---|
| Type | Accounts | RAUM |
|---|---|---|
| Discretionary | 11 | $2.7B |
| Non-Discretionary | 1 | $514.1M |
| Total | 12 | $3.3B |
Clients
| Type | Number | RAUM |
|---|---|---|
| Individuals | 0 | $0 |
| HNW Individuals | 0 | $0 |
| Banking or thrift institutions | 0 | $0 |
| Investment companies | 0 | $0 |
| Business development companies | 0 | $0 |
| Pooled investment vehicles | 9 | $1.1B |
| Pension and profit sharing plans | 0 | $0 |
| Charitable organizations | 0 | $0 |
| State or municipal gov entities | 2 | $1.6B |
| Other investment advisers | 0 | $0 |
| Insurance companies | 0 | $0 |
| Sovereign wealth funds and foreign official institutions | 1 | $514.1M |
| Corporations or other businesses | 0 | $0 |
| Other | 0 | $0 |
| Type | Number |
|---|---|
| No. of Non-RAUM Clients | 0 |
| No. of Non-U.S. Clients | 48 |
Services
| Advisory Services | Portfolio management for pooled investment vehiclesPortfolio management for businesses or institutional clientsSelection of other advisers (including private fund managers) |
|---|---|
| Compensation | % of AUMPerformance-based fees |
Identifiers
| SEC RIA File Number | 801-119649 |
|---|---|
| SEC ERA File Number | 801-119649 |
| SEC CIK Numbers | None |
| SEC CRD Numbers | 309966 |
| Legal Entity Identifier | 213800IPYIKRIS3Y3S21 |
Principal Office
292 MADISON AVENUE22ND FLOOR
NEW YORK
NY
United States
Monday - Friday, 9AM-6PM
Tel: +1 212 808 2062, Fax: None
Chief Compliance Officer
ERIC WORTMAN
CHIEF OPERATING OFFICER
200 EAST LAS OLAS BOULEVARD
FORT LAUDERDALE
FL
United States
Tel:
+1 212 808 2062
E**@***********M
(Full email address available in API data)
Industry Affiliates
| STABLE ASSET MANAGEMENT INVESTMENTS, LTD. | Other investment adviser, including financial plannersCommodity pool operator or commodity trading advisorSponsor, GP, manager of pooled investment vehicles |
| STABLE ASSET MANAGEMENT LTD | Other investment adviser, including financial plannersCommodity pool operator or commodity trading advisorSponsor, GP, manager of pooled investment vehicles |
| STABLE CAVALRY GP, LTD | Commodity pool operator or commodity trading advisorSponsor, GP, manager of pooled investment vehicles |
| STABLE SEED FUND II GP, LTD. | Commodity pool operator or commodity trading advisorSponsor, GP, manager of pooled investment vehicles |
Private Funds
| Name | Type | Assets $USD | Min Investment $USD | No. Owners |
|---|---|---|---|---|
| STABLE CAVALRY L.P. | FUND OF FUND | $302.4M | $0.1M | 21 |
| STABLE SEED FUND MASTER II L.P. | FUND OF HEDGE FUNDS | $375.0M | $1.0M | 40 |
| STABLE SEED FUND MASTER L.P. | FUND OF HEDGE FUNDS | $98.3M | $1.0M | 50 |
| STABLE SUNRISE, LTD | FUND OF HEDGE FUNDS | $338.3M | $1.0M | 2 |
Control Persons
| Name | Type | Entity | Title | Since | Ownership |
|---|---|---|---|---|---|
| Gallagher, David, Anthony | Individual | STABLE HOLDINGS LTD | SHAREHOLDER | 01/2017 | 25-50% |
| Serrano Berntsen, Erik | Individual | STABLE HOLDINGS LTD | DIRECTOR | 12/2010 | 50-75% |
| WORTMAN, ERIC, NEIL | Individual | – | CHIEF OPERATING OFFICER AND CHIEF COMPLIANCE OFFICER | 08/2019 | < 5% |
| Berntsen, Erik, Serrano | Individual | – | CHIEF EXECUTIVE OFFICER | 12/2010 | 50-75% |
| STABLE ASSET MANAGEMENT GP, LLC | Domestic Entity | – | GENERAL PARTNER TO THE INVESTMENT ADVISER | 03/2015 | < 5% |
| STABLE ASSET INVESTMENTS LTD | Foreign Entity | – | LIMITED PARTNER | 03/2015 | > 75% |
| STABLE HOLDINGS LTD | Foreign Entity | STABLE ASSET INVESTMENTS LTD | SHAREHOLDER | 07/2015 | > 75% |
| NOYES, REBECCA, NMN | Individual | – | CHIEF FINANCIAL OFFICER | 04/2023 | < 5% |