WATER ISLAND CAPITAL, LLC
WATER ISLAND CAPITAL,LLC Legal Name
Adviser information for WATER ISLAND CAPITAL, LLC last updated from Form ADV on March 27th, 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 | 33 |
|---|---|
| Investment Advisory/Research | 9 |
| Registered Broker-Dealer Representatives | 10 |
| 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 | 8 | $1.6B |
| Non-Discretionary | 0 | $0 |
| Total | 8 | $1.6B |
Clients
| Type | Number | RAUM |
|---|---|---|
| Individuals | 0 | $0 |
| HNW Individuals | 0 | $0 |
| Banking or thrift institutions | 0 | $0 |
| Investment companies | 7 | $1.6B |
| Business development companies | 0 | $0 |
| Pooled investment vehicles | 1 | $27.9M |
| 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 investment companiesPortfolio management for pooled investment vehicles |
|---|---|
| Compensation | % of AUMPerformance-based fees |
| Other Business Activities | Commodity pool operator or commodity trading advisor |
Principal Office
41 MADISON AVENUE42ND FLOOR
NEW YORK
NY
United States
Monday - Friday, 9AM - 5PM
Tel: 800-560-8210, Fax: None
Chief Compliance Officer
PHILIP EDWARD CHANNEN
CHIEF COMPLIANCE OFFICER
41 MADISON AVENUE
42ND FLOOR
NEW YORK
NY
United States
Tel:
646-727-4463
P*******@***********M
(Full email address available in API data)
Regulatory Contact
JOHN SABBOTT ORRICO
MANAGING MEMBER
41 MADISON AVENUE
42ND FLOOR
NEW YORK
NY
United States
Tel:
212-584-2366
J******@***********M
(Full email address available in API data)
Industry Affiliates
| None |
Private Funds
| Name | Type | Assets $USD | Min Investment $USD | No. Owners |
|---|
None
Control Persons
| Name | Type | Entity | Title | Since | Ownership |
|---|---|---|---|---|---|
| CHEW, CHRISTINA | Individual | – | SENIOR MANAGING PARTNER AND MANAGEMENT COMMITTEE MEMBER | 12/2013 | < 5% |
| HICKEY, JONATHON, THOMAS | Individual | – | CHIEF OPERATING OFFICER AND MANAGEMENT COMMITTEE MEMBER | 11/2014 | < 5% |
| ORRICO, JOHN, SABBOTT | Individual | – | MANAGING MEMBER, CO-CHIEF INVESTMENT OFFICER, AND MANAGEMENT COMMITTEE MEMBER | 01/2000 | < 5% |
| DUNLEAVY, JUSTIN, MICHAEL | Individual | – | MANAGEMENT COMMITTEE MEMBER | 01/2017 | < 5% |
| WATER ISLAND CAPITAL PARTNERS LP | Domestic Entity | – | MANAGING MEMBER | 02/2018 | > 75% |
| ORRICO, JOHN, SABBOTT | Individual | WATER ISLAND CAPITAL PARTNERS LP | LIMITED PARTNER | 02/2018 | > 75% |
| WATER ISLAND CAPITAL PARTNERS GP LLC | Domestic Entity | WATER ISLAND CAPITAL PARTNERS LP | GENERAL PARTNER | 02/2018 | |
| CHANNEN, PHILIP, EDWARD | Individual | – | CHIEF COMPLIANCE OFFICER | 11/2019 | < 5% |
| CASADEI, ERIC, MICHAEL | Individual | – | MANAGEMENT COMMITTEE MEMBER | 01/2020 | < 5% |
| ORRICO, JOHN, SABBOTT | Individual | WATER ISLAND CAPITAL PARTNERS GP LLC | MANAGING MEMBER | 02/2018 | > 75% |
| PLUNKETT, CHRISTOPHER, JOHN | Individual | – | MANAGEMENT COMMITTEE MEMBER | 01/2022 | < 5% |
| OSOWIECKI, MATTHEW, JAMES | Individual | – | CO-CHIEF INVESTMENT OFFICER | 03/2024 | < 5% |
No. Employees, Historic
RAUM, Historic
No. Clients, Historic
Holdings
From latest 13F, filed August 14th, 2024 for period ending June 30th, 2024
| Name | Class | Value $USD | # Shares | Private Fund |
|---|---|---|---|---|
| THE AARONS COMPANY INC | Equity | 10K | 973K | – |
| ALBERTSONS COS INC | Equity | 37K | 2M | – |
| ALLETE INC | Equity | 12K | 186K | – |
| AMEDISYS INC | Equity | 64K | 702K | – |
| ANSYS INC | Equity | 37K | 116K | – |
| ASSETMARK FINL HLDGS INC | Equity | 756 | 22K | – |
| ATLANTICA SUSTAINABLE INFR P | Equity | 13K | 612K | – |
| AVANGRID INC | Equity | 1K | 34K | – |
| AXONICS INC | Equity | 45K | 671K | – |
| BLACKLINE INC | Convertible Bond | 11K | – | – |
| BIOMARIN PHARMACEUTICAL INC | Convertible Bond | 7K | – | – |
| BENTLEY SYS INC | Convertible Bond | 2K | – | – |
| CAPRI HOLDINGS LIMITED | Equity | 1K | 36K | – |
| CATALENT INC | Equity | 30K | 538K | – |
| CEREVEL THERAPEUTICS HLDNG I | Equity | 31K | 767K | – |
| CHAMPIONX CORPORATION | Equity | 35K | 1M | – |
| CONSOLIDATED COMM HLDGS INC | Equity | 337 | 77K | – |
| COSTAR GROUP INC | Equity Put | 277 | 36K | – |
| DIAMOND OFFSHORE DRILLING IN | Equity | 11K | 711K | – |
| DISCOVER FINL SVCS | Equity | 1K | 10K | – |
| ENCORE WIRE CORP | Equity | 17K | 60K | – |
| ENDEAVOR GROUP HLDGS INC | Equity | 28K | 1M | – |
| EQUITRANS MIDSTREAM CORP | Equity | 2K | 137K | – |
| EVERBRIDGE INC | Convertible Bond | 5K | – | – |
| EVERBRIDGE INC | Equity | 1K | 36K | – |
| GEN DIGITAL INC | Equity Call | 11 | 30K | – |
| HASHICORP INC | Equity | 38K | 1M | – |
| HAWAIIAN HOLDINGS INC | Equity | 532 | 43K | – |
| HEARTLAND FINL USA INC | Equity | 800 | 18K | – |
| HESS CORP | Equity | 62K | 423K | – |
| HIBBETT INC | Equity | 21K | 235K | – |
| ISHARES TR | Equity Put | 15 | 100K | – |
| INDEPENDENT BANK GROUP INC | Equity | 806 | 18K | – |
| INFINERA CORP | Equity | 9K | 2M | – |
| INTERNATIONAL PAPER CO | Equity Put | 422 | 112K | – |
| JAZZ INVESTMENTS I LTD | Convertible Bond | 3K | – | – |
| JUNIPER NETWORKS INC | Equity | 32K | 865K | – |
| ISHARES TR | Equity Put | 6 | 50K | – |
| MARATHON OIL CORP | Equity | 33K | 1M | – |
| MARCUS CORP DEL | Equity | 207 | 18K | – |
| MATTERPORT INC | Equity | 12K | 3M | – |
| MCGRATH RENTCORP | Equity | 30K | 285K | – |
| NUVEI CORPORATION | Equity | 1K | 37K | – |
| NUVEI CORPORATION | Equity Call | 27 | 543K | – |
| OLINK HLDG AB | Equity | 37K | 1M | – |
| OVERSEAS SHIPHOLDING GROUP I | Equity | 783 | 92K | – |
| PACIFIC BIOSCIENCES CALIF IN | Equity | 27 | 20K | – |
| PERFICIENT INC | Equity | 23K | 305K | – |
| PLAYAGS INC | Equity | 10K | 907K | – |
| PNM RES INC | Equity | 11K | 293K | – |
| POWERSCHOOL HOLDINGS INC | Equity | 11K | 501K | – |
| PERFICIENT INC | Convertible Bond | 5K | – | – |
| RINGCENTRAL INC | Convertible Bond | 3K | – | – |
| SILICON MOTION TECHNOLOGY CO | Equity | 7K | 92K | – |
| SILK RD MED INC | Equity | 11K | 406K | – |
| SILVERBOW RES INC | Equity | 12K | 312K | – |
| SOUTHWESTERN ENERGY CO | Equity | 1K | 194K | – |
| SPOTIFY USA INC | Convertible Bond | 3K | – | – |
| SQUARESPACE INC | Equity | 37K | 850K | – |
| STERICYCLE INC | Equity | 18K | 302K | – |
| STERLING CHECK CORP | Equity | 398 | 27K | – |
| SURMODICS INC | Equity | 1K | 28K | – |
| TECHTARGET INC | Convertible Bond | 5K | – | – |
| UNITED STATES STL CORP NEW | Equity | 34K | 906K | – |
| U S SILICA HLDGS INC | Equity | 11K | 703K | – |
| VIZIO HLDG CORP | Equity | 34K | 3M | – |
| VERINT SYSTEMS INC | Convertible Bond | 3K | – | – |
| WALKME LTD | Equity | 12K | 852K | – |
| WESTROCK CO | Equity | 632 | 13K | – |
| WISDOMTREE INC | Convertible Bond | 2K | – | – |
| XEROX HOLDINGS CORP | Equity Call | 2 | 46K | – |