Star Mountain Fund Management, LLC is a large advisory firm based in New York. It manages $695.01 million of regulatory assets for 14 client accounts. It has been registered with the SEC as an adviser since 2012.
Star Mountain Fund Management 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.
The assets under management (AUM) of Star Mountain Fund Management, LLC is $695.01 million. The firm's AUM has grown by 185% since the beginning of its operation, and $56.4 million of the total AUM is attributable to clients outside of the United States.
The advisory firm has several streams of revenue. Clients pay Star Mountain Fund Management, 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.
The firm provides services to pooled investment vehicles and corporations or other businesses. The largest group of clients of Robert Wilburn Long is pooled investment vehicles with 11 clients and $614.31 million of assets under management. Among the 10 most similar advisory firms, Star Mountain Fund Management has the 5th highest percentage of pooled investment vehicles out of all clients.
The amount of regulatory assets under management is $695.01 million for 14 clients. 14% of the firm’s clients are foreign persons or businesses.
Star Mountain Fund Management also advises several private funds. Namely, nine private equity funds. The minimum investment commitment required of non-related persons ranges from $0 to $250,000.
The company employs 38 people that are either part- or full-time employees. 100 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.
Robert Wilburn Long has been acting as President since 1 Jan 2016. Jaspal Singh Bajaj joined the executive team most recently as the Chief Compliance Officer.
The principal office where Star Mountain Fund Management, LLC performs its advisory services is located at 140 East 45 Th Street, New York, NY 10017, 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 646-787-0258 or by fax 800-804-4278. The normal business hours are 9:00 am- 5:00 pm on Monday - Friday. You can find more information about the New York firm at starmountaincapital.com.