ADVANTAGE ADVISERS MANAGEMENT, LLC
Adviser information for ADVANTAGE ADVISERS MANAGEMENT, LLC last updated from Form ADV on March 26th, 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 Liability Company |
|---|---|
| Fiscal Year End | DECEMBER |
| Legal Location | Delaware, United States |
Employees
| Total Number of Employees | 18 |
|---|---|
| Investment Advisory/Research | 4 |
| 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 | 3 | $237.3M |
| Non-Discretionary | 0 | $0 |
| Total | 3 | $237.3M |
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 | 3 | $237.3M |
| Pension and profit sharing plans | 0 | $0 |
| Charitable organizations | 0 | $0 |
| State or municipal gov entities | 0 | $0 |
| Other investment advisers | 0 | $0 |
| Insurance companies | 0 | $0 |
| Sovereign wealth funds and foreign official institutions | 0 | $0 |
| Corporations or other businesses | 0 | $0 |
| Other | 0 | $0 |
| Type | Number |
|---|---|
| No. of Non-RAUM Clients | 0 |
| No. of Non-U.S. Clients | 0 |
| No. of Financial Planning Clients | 0 |
Services
| Advisory Services | Portfolio management for pooled investment vehicles |
|---|---|
| Compensation | % of AUMPerformance-based fees |
| Other Business Activities | Commodity pool operator or commodity trading advisor |
Identifiers
| SEC RIA File Number | 801-55640 |
|---|---|
| SEC ERA File Number | 801-55640 |
| SEC CIK Numbers | None |
| SEC CRD Numbers | 108180 |
| Legal Entity Identifier | None |
Principal Office
85 BROAD STREET24TH FLOOR
NEW YORK
NY
United States
Monday - Friday, 9:00AM - 5:00PM
Tel: 212-667-4225, Fax: 212-667-4975
Chief Compliance Officer
MICHAELLE MONTGOMERY
EXECUTIVE DIRECTOR
85 BROAD STREET
24TH FLOOR
NEW YORK
NY
United States
Tel:
212-667-4833
M*******************@*******M
(Full email address available in API data)
Regulatory Contact
DEBORAH KABACK
MANAGING DIRECTOR
85 BROAD STREET
25TH FLOOR
NEW YORK
NY
United States
Tel:
212-667-4395
Fax:
212-667-4975
D*************@*******M
(Full email address available in API data)
Industry Affiliates
| ADVANTAGE ADVISERS MULTI-MANAGER, L.L.C. | Other investment adviser, including financial plannersCommodity pool operator or commodity trading advisorSponsor, GP, manager of pooled investment vehicles |
| FREEDOM INVESTMENTS, INC. | Broker-dealer, municipal securities dealer, or gov securities broker or dealer |
| OPCO ACTIVIST LLC | Commodity pool operator or commodity trading advisorSponsor, GP, manager of pooled investment vehicles |
| OPPENHEIMER & CO. INC. | Broker-dealer, municipal securities dealer, or gov securities broker or dealerOther investment adviser, including financial plannersPension consultantSponsor, GP, manager of pooled investment vehicles |
| OPPENHEIMER ALTERNATIVE INVESTMENT MANAGEMENT, LLC | Other investment adviser, including financial plannersCommodity pool operator or commodity trading advisorSponsor, GP, manager of pooled investment vehicles |
| OPPENHEIMER ASSET MANAGEMENT | Other investment adviser, including financial planners |
| OPPENHEIMER EUROPE LTD | Broker-dealer, municipal securities dealer, or gov securities broker or dealer |
| OPPENHEIMER INVESTMENT MANAGEMENT LLC | Other investment adviser, including financial planners |
| OPPENHEIMER INVESTMENTS ASIA LIMITED | Broker-dealer, municipal securities dealer, or gov securities broker or dealer |
| OPPENHEIMER ISRAEL (OPCO) LTD | Broker-dealer, municipal securities dealer, or gov securities broker or dealer |
| OPPENHEIMER LIFE AGENCY, LTD. | Insurance company or agency |
| OPPENHEIMER TRUST COMPANY INC. | Trust company |
Private Funds
| Name | Type | Assets $USD | Min Investment $USD | No. Owners |
|---|---|---|---|---|
| ADVANTAGE ADVISERS GLOBAL GROWTH, L.L.C. | Hedge Fund | $197.1M | $5.0M | 42 |
| ADVANTAGE ADVISERS TAX EXEMPT HIGH INCOME FUND I, LLC | HIGH YIELD TAX EXEMPT FUND | $33.7M | $0.3M | 265 |
| ADVANTAGE ADVISERS TAX EXEMPT HIGH INCOME FUND II, LLC | ADVANTAGE ADVISERS TAX EXEMPT HIGH INCOME FUND II, LLC | $7.0M | $0.3M | 62 |
Control Persons
| Name | Type | Entity | Title | Since | Ownership |
|---|---|---|---|---|---|
| OPPENHEIMER ASSET MANAGEMENT | Domestic Entity | – | MANAGING MEMBER | 06/2003 | > 75% |
| E.A. VINER INTERNATIONAL CO. | Domestic Entity | OPPENHEIMER ASSET MANAGEMENT | 100% OWNER | 10/1986 | > 75% |
| OPPENHEIMER HOLDINGS INC. | Domestic Entity | E.A. VINER INTERNATIONAL CO. | 100% OWNER | 10/1983 | > 75% |
| MCKIGNEY, BRYAN, EDWARD | Individual | – | COO, PRESIDENT | 06/2003 | < 5% |
| Kaback, Deborah | Individual | – | CHIEF LEGAL OFFICER | 06/2003 | < 5% |
| MCNAMARA, DENNIS, PATRICK | Individual | – | SECRETARY | 01/2003 | < 5% |
| ALKEON CAPITAL MANAGEMENT, LLC. | Domestic Entity | – | MEMBER | 01/2002 | < 5% |
| SPARAGGIS, PANAYOTIS, D | Individual | ALKEON CAPITAL MANAGEMENT, LLC. | 100% OWNER | 12/2003 | > 75% |
| SIEGEL, DOUGLAS, THORNLEY | Individual | – | GLOBAL COMPLIANCE OFFICER | 02/2016 | < 5% |
| MONTGOMERY, MICHAELLE, DARIA | Individual | – | CHIEF COMPLIANCE OFFICER | 02/2020 | < 5% |
| Watkins, Brad, Michael | Individual | – | SENIOR VICE PRESIDENT - CFO | 08/2022 | < 5% |