Tig Advisors LLC (New York)

Name: Tig Advisors LLC
Address: 520 Madison Avenue, New York, NY, 10022
Telephone: 212-759-0340

Tig Advisors LLC is a large advisory firm based in New York. It manages $3.45 billion of regulatory assets for 19 client accounts. It has been registered with the SEC as an adviser since 2005.

Tig Advisors 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.

Tig Advisors: assets under management

The assets under management (AUM) of Tig Advisors LLC is $3.45 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 94% since the beginning of its operation, and $3.45 billion of the total AUM is attributable to clients outside of the United States.

The firm manages $3.45 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $181.69 million each.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Tig Advisors LLC 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 Spiros Maliagros serves?

The only and largest group of clients of Spiros Maliagros is pooled investment vehicles with 19 clients and $3.45 billion of assets under management. Among the 11 most similar advisory firms, Tig Advisors has the 3rd highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $3.45 billion for 19 clients. 78% of the firm’s clients are foreign persons or businesses.

Tig Advisors also advises several private funds. Namely, sixteen hedge funds. The minimum investment commitment required of non-related persons ranges from $250,000 to $1,000,000.

Careers at Tig Advisors LLC

The company employs 44 people that are either part- or full-time employees. 36 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.

There are 4 people with the role of looking for and bringing in new clients on behalf of the firm. The firm compensates employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Spiros Maliagros has been acting as President since 1 Jun 2007. Stuart Louis Lippman has served as the Chief Investment Officer since 1 Sep 2012. Llc Tig Trinity Management joined the executive team most recently as the Sole Member.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Drew Figdor	Portfolio manager	1 Jan 1993	Other	5076335
Charles Frederick Gulden	Member	1 Jan 2003	Other	1585153
Laurie Jelenek	Cao	1 Aug 2005	Other	5071662
Barbara Warga Naratil	Coo	1 Aug 2005	Other	5071658
Carl Hans Tiedemann	Chairman	1 Aug 2005	Other	446800
Michael Glenn Tiedemann	President	1 Aug 2005	Other	2427684
Ronald Kashden	Cfo	1 Aug 2005	Other	5071677
Kathy L Glass	Cco	1 Aug 2005	Other	5074176
Drew Figdor	Member	1 Aug 2005	Other	5076335
Steven Richard Diamond	Member	1 Aug 2005	Other	2786553
Brett Adam Patelsky	Member	1 Aug 2005	Other	2648256
Dominic Henry Moross	Member	1 Aug 2005	Other	2345792
James C Ayer	Member	1 Aug 2005	Other	1985817
Michael Joshua Naiman	Member	1 Aug 2005	Other	2779861
Kathy L Glass	Chief compliance officer	1 Dec 2005	Other	5074176
Spiros Maliagros	General counsel	1 Mar 2006	Other	5151984
Timothy James Maxwell	Member	1 Aug 2006	Other	5312856
Michael Glenn Tiedemann	Ceo	1 Jun 2007	Other	2427684
Spiros Maliagros	President	1 Jun 2007	Other	5151984
Michael Robert Fastert	Chief operating officer/chief legal officer/chief compliance officer	1 Jun 2007	Other	5372303
Carl Hans Tiedemann	Founder & chairman emeritus	1 Jun 2007	25% - 50%	446800
Stuart Louis Lippman	Chief investment officer	1 Sep 2012	Other	2693719
Cordelia Kim	Chief compliance officer	1 Sep 2016	Other	6702972
Llc Tig Trinity Management	Sole member	1 Oct 2018	75% - 100%	xxx-xx-xxxx

Indirect Owners

The SEC currently registers 2 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Drew Figdor	Member	1 Oct 2018	25% - 50%	5076335
Michael Glenn Tiedemann	Managing member	1 Oct 2018	Other	2427684

Based in New York

The principal office where Tig Advisors LLC performs its advisory services is located at 520 Madison Avenue, New York, NY 10022, 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 212-759-0340 or by fax 212-644-4470. The normal business hours are 9am - 5pm on Monday - Friday. You can find more information about the New York firm at tigfunds.com.