Manikay Partners, LLC (New York)


Manikay Partners, LLC is a large advisory firm based in New York. It manages $2.4 billion of regulatory assets for 11 client accounts. It has been registered with the SEC as an adviser since 2011.

Manikay Partners provides portfolio management for pooled investment vehicles. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Manikay Partners: assets under management

The assets under management (AUM) of Manikay Partners, LLC is $2.4 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 269% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $2.4 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $218.01 million each.
Manikay Partners has custody of $2.4 billion in cash and securities for 11 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in non-exchange traded securities the most. They account for 99% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 1% of the firm’s portfolio.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Manikay Partners, LLC for their services and products based on a percentage of assets under management. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Steve Xenophon Paridis serves?

The only and largest group of clients of Steve Xenophon Paridis is pooled investment vehicles with 10 clients and $2.38 billion of assets under management. Among the 11 most similar advisory firms, Manikay Partners has the 4th highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $2.38 billion for 10 clients. 27% of the firm’s clients are foreign persons or businesses.

Manikay Partners also advises several private funds. Namely, two hedge funds and one private equity fund. The minimum investment commitment required of non-related persons ranges from $1,000,000 to $5,000,000.

Careers at Manikay Partners, LLC

The company employs 18 people that are either part- or full-time employees. 67 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.

Steve Xenophon Paridis has been acting as President since 1 Feb 2012. Manikay Holdings Gp Llc joined the executive team most recently as the General Partner.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Sean Mcduffy Partner, chief operations officer 1 Nov 2007 Other 2931320
Shane Douglas Finemore Partner, chief investment officer 1 Mar 2008 50% - 75% 4481554
Salah Saabneh Partner, general counsel 1 Apr 2008 Other 4479121
Steve Xenophon Paridis Partner, head of trading 1 Jun 2008 Other 2427063
David Neil Drinkwater Chief compliance officer, chief financial officer 1 Jun 2008 Other 4752244
Shane Douglas Finemore Managing partner, chief investment officer 1 Aug 2008 Other 4481554
Sean Mcduffy Chief operating officer 1 Aug 2008 Other 2931320
David Neil Drinkwater Chief financial officer / chief compliance officer 1 Aug 2008 Other 4752244
Ashish Kishore Partner 1 Aug 2008 Other 3168738
Salah Saabneh Member, general counsel 1 Aug 2008 Other 4479121
Steve Xenophon Paridis Member 1 Aug 2008 Other 2427063
Steve Xenophon Paridis President 1 Feb 2012 Other 2427063
Manikay Partners Holdings Lp Sole owner 1 Jan 2013 75% - 100% 80-088-0872
Manikay Partners Llc Owner of manikay partners australia pty ltd (relying adviser) 1 Jan 2013 75% - 100% 26-2885497
Manikay Partners Holdings Llc Sole member 1 Jan 2013 75% - 100% 80-088-0872
Manikay Partners Shareholder (manikay partners pty ltd) 1 Jan 2013 75% - 100% 157272
Robert D Ellis General counsel / chief compliance officer 1 Mar 2013 Other 4975364
Manikay Partners Llc Owner of manikay partners holdings uk ltd 1 Aug 2014 75% - 100% 26-2885497

Indirect Owners

The SEC currently registers 4 indirect owners.

Name Entity Date acquired Ownership Employer ID
Shane Douglas Finemore Limited partner 1 Jan 2013 50% - 75% 4481554
Manikay Partners Holdings Uk Ltd Owner of manikay partners uk llp (relying adviser) 1 Aug 2014 25% - 50% 11-1111111
Manikay Partners Uk Ii Ltd Owner of manikay partners uk llp (relying adviser) 1 Aug 2014 25% - 50% 11-1111110
Manikay Holdings Gp Llc General partner 1 Dec 2016 Other 80-088-0872

Based in New York

The principal office where Manikay Partners, LLC performs its advisory services is located at 601 Lexington 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 212-588-6200 or by fax 212-727-7073. The normal business hours are 9:00 a.m. to 5:00 p.m. on Monday - Friday. You can find more information about the New York firm at manikaypartners.com.