Orbimed Advisors LLC (New York)

Name: Orbimed Advisors LLC
Address: 601 Lexington Avenue, New York, NY, 10022
Telephone: 212-739-6400

Orbimed Advisors LLC is a large advisory firm based in New York. It manages $14.9 billion of regulatory assets for 23 client accounts. It has been registered with the SEC as an adviser since 2011 and has operated in the jurisdictions of California, New York, and Texas.

Orbimed Advisors 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.

Orbimed Advisors: assets under management

The assets under management (AUM) of Orbimed Advisors LLC is $14.9 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 542% since the beginning of its operation, and $8.89 billion of the total AUM is attributable to clients outside of the United States.

The firm manages $14.9 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $647.83 million each.

Orbimed Advisors has custody of $13.2 billion in cash and securities for 21 clients in total but doesn’t act as a qualified custodian.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Orbimed 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 Orbimed Advisors serves?

The only and largest group of clients of Orbimed Advisors is pooled investment vehicles with 23 clients and $14.9 billion of assets under management. Among the 6 most similar advisory firms, Orbimed Advisors has the 3rd highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $14.9 billion for 23 clients. 57% of the firm’s clients are foreign persons or businesses.

Orbimed Advisors also advises several private funds. Namely, four hedge funds, eleven other private funds, and one private equity fund. The minimum investment commitment required of non-related persons ranges from $0 to $25,000,000.

Careers at Orbimed Advisors LLC

The company employs 91 people that are either part- or full-time employees. 66 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 3 people 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
Samuel David Isaly	Managing member	1 Jan 1998	50% - 75%	255467
Sven Heinz Borho	Member	1 Jan 1998	Other	4376696
Carl Lee Gordon	Member	1 Jan 1998	Other	1901172
Sven H Borho	Member	1 Jan 1998	Other	4376696
Michael B Sheffery	Member	1 Jan 1998	Other	4507005
Carl Gordon	Member	1 Jan 1998	Other	1901172
Michael Bart Sheffery	Member	1 Jan 1998	Other	4507005
Eric Adam Bittelman	Chief financial officer	1 Jul 2000	Other	4509706
Jonathan Todd Silverstein	Member	1 Jan 2005	Other	2647646
William Carter Neild	Member	1 Jan 2007	Other	2277967
Geoffrey Che Chang Hsu	Member	1 Jan 2010	Other	5777628
Geoffrey C. Hsu	Member	1 Jan 2010	Other	5777628
Alexander Matthew Cooper	General counsel	1 Jul 2010	Other	5888312
Alexander Matthew Cooper	General counsel and chief compliance officer	1 Jan 2011	Other	5888312
Evan Dean Sotiriou	Chief financial officer	1 Oct 2011	Other	2889859
Douglas W. Coon	Chief compliance officer	1 Feb 2016	Other	5060118
Charles Scotland Stevens	Member	1 Apr 2019	Other	2909422
Sam Block Iii	Chief financial officer	1 May 2019	Other	7087692

Based in New York

The principal office where Orbimed Advisors LLC performs its advisory services is located at 601 Lexington Avenue, New York, NY 10022, which is also the mailing address of the firm. An additional office of the firm is in San Francisco, CA. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 212-739-6400 or by fax 212-739-6444. The normal business hours are 9am to 5pm on Monday - Friday. You can find more information about the New York firm at orbimed.com.