Falcon Edge Capital, LP (New York)

Falcon Edge Capital, LP is a large advisory firm based in New York. It manages $2.21 billion of regulatory assets for 18 client accounts. It has been registered with the SEC as an adviser since 2012.

Falcon Edge Capital 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.

Falcon Edge Capital: assets under management

The assets under management (AUM) of Falcon Edge Capital, LP is $2.21 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 80% since the beginning of its operation, and $1.99 billion of the total AUM is attributable to clients outside of the United States.

The firm manages $2.21 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $122.85 million each.

Falcon Edge Capital has custody of $2.18 billion in cash and securities for 16 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in exchange traded securities the most. They account for 63% of the total AUM. The second-largest asset type is derivatives, which make up 37% of the firm’s portfolio.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Falcon Edge Capital, 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 Falcon Edge Capital serves?

The only and largest group of clients of Falcon Edge Capital is pooled investment vehicles with 16 clients and $2.18 billion of assets under management. Among the 8 most similar advisory firms, Falcon Edge Capital has the 4th highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $2.18 billion for 16 clients. 56% of the firm’s clients are foreign persons or businesses.

Falcon Edge Capital also advises several private funds. Namely, two hedge funds and ten private equity funds. The minimum investment commitment required of non-related persons ranges from $1,000,000 to $10,000,000.

Careers at Falcon Edge Capital, LP

The company employs 23 people that are either part- or full-time employees. 48 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

Name	Entity	Date acquired	Ownership	Employer ID
Richard Matthew Gerson	Founder, chairman and chief investment officer	1 Jul 2011	75% - 100%	6020114
Navroz Darius Udwadia	Co-founder and partner	1 Jul 2011	Other	6020115
Llc Falcon Edge	General partner	1 Jul 2011	Other	35-2438247
Falcon Edge Investments Limited	Designated member of falcon edge capital, llp (relying adviser)	1 Aug 2011	75% - 100%	98-1038182
James Richard Minshull	Chief operating officer	1 Dec 2011	Other	6020118
Andrew Wright	Chief financial officer	1 Mar 2012	Other	6306223
Owen Matthew Schmidt	General counsel and chief compliance officer	1 Dec 2013	Other	4825554
Kristen Carroll Masino	Chief financial officer	1 Mar 2015	Other	6469399
Lp Falcon Edge Capital	Shareholder of falcon edge capital (hk), limited (relying adviser)	1 Oct 2015	75% - 100%	160894
Scott Christopher Carpenter	Chief operating officer	1 Mar 2017	Other	6771538
Mark Sun Cho	Chief compliance officer/general counsel	1 Aug 2018	Other	6630662

Indirect Owners

The SEC currently registers 11 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Ltd Falcon Edge (Cayman) Gp	General partner	1 Jul 2011	Other	foreign
Richard Matthew Gerson	Limited partner	1 Aug 2011	50% - 75%	6020114
Ltd Falcon Edge (Cayman) Gp	General partner	1 Aug 2011	Other	98-1037969
Lp Falcon Edge Management Company	Shareholder	1 Aug 2011	75% - 100%	98-1037989
Navroz Darius Udwadia	Limited partner	1 Aug 2011	25% - 50%	6020115
Lp Falcon Edge Management Company	Sole member	1 Oct 2011	75% - 100%	98-1037989
Lp Falcon Edge Management Company	Shareholder	1 Nov 2011	75% - 100%	foreign
Richard Matthew Gerson	Shareholder	1 Mar 2012	50% - 75%	6020114
Navroz Darius Udwadia	Shareholder	1 Mar 2012	25% - 50%	6020115
Richard Matthew Gerson	Shareholder	1 May 2012	50% - 75%	6020114
Navroz Darius Udwadia	Shareholder	1 May 2012	25% - 50%	6020115

Based in New York

The principal office where Falcon Edge Capital, LP performs its advisory services is located at 660 Madison Avenue, New York, NY 10065, 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 212 803-9080. The normal business hours are 8am-6pm on Monday - Friday.