Pine River Capital Management L.P. (Minnetonka)

Name: Pine River Capital Management L.P.
Address: 601 Carlson Parkway, Minnetonka, MN, 55305
Telephone: 612-238-3300

Pine River Capital Management L.P. is a large advisory firm based in Minnetonka. It manages $34.16 billion of regulatory assets for 12 client accounts. It has been registered with the SEC as an adviser since 2005 and has operated in the jurisdictions of Florida, Minnesota, and New York.

Pine River Capital 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.

Pine River Capital Management: assets under management

The assets under management (AUM) of Pine River Capital Management L.P. is $34.16 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 26610% since the beginning of its operation, and $538.98 million of the total AUM is attributable to clients outside of the United States.

The firm manages $34.16 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $2.85 billion each.

Pine River Capital Management has custody of $321.09 million in cash and securities for 10 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in government bonds the most. They account for 65% of the total AUM. The second-largest asset type is other assets, which make up 18% of the firm’s portfolio. Investments in investment and business development companies form 12% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Pine River Capital Management L.P. for their services and products based on a percentage of assets under management and performance-based fees. 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 Pine River Capital Management serves?

The only and largest group of clients of Pine River Capital Management is pooled investment vehicles with 10 clients and $667.9 million of assets under management. Among the 7 most similar advisory firms, Pine River Capital Management has the lowest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $667.9 million for 10 clients. 53% of the firm’s clients are foreign persons or businesses.

Pine River Capital Management also advises several private funds. Namely, seven hedge funds. The minimum investment commitment required of non-related persons ranges from $1,000,000 to $5,000,000.

Careers at Pine River Capital Management L.P.

The company employs 172 people that are either part- or full-time employees. 14 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.

Sushma Rani Gambhir joined the executive team most recently as the Head Of Business Development.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Pine River Capital Management Llc	General partner of pine river capital management l.p.	1 Feb 2002	Other	71-0886275
Brian Curtis Taylor	Chief executive officer	1 Feb 2002	Other	1876689
Jeffrey Allan Stolt	Chief financial officer	1 Mar 2002	Other	4948173
Jeffrey Allen Stolt	Cfo/cco	1 Mar 2002	Other	4948173
Nikhil Mankodi	Co-head of asian trading	1 Jun 2006	Other	2791965
Aaron Walter Yeary	President of pine river capital management l.p.	1 Jun 2006	Other	5199331
Thomas Edwin Siering	Chief executive officer of two harbors investment corp.	1 Jul 2006	Other	1763972
Timothy William John O'brien	General counsel	1 Sep 2007	Other	5510248
Steven Louis Kuhn	Co-chief investment officer	1 Feb 2009	Other	2236592
Franklin Michael Parlamis	Head of us convertible arbitrage	1 Jan 2010	Other	4154930
Nikhil Mankodi	Member of pine river capital partners (uk) llp	1 Mar 2010	25% - 50%	2791965
Pine River Capital Management (Uk) Limited	Member of pine river capital partners (uk) llp	1 Mar 2010	50% - 75%	98-0418634
Jiayi Chen	Portfolio manager	1 Jan 2011	Other	5160160
Brendan Joseph Mcallister	Portfolio manager	1 Jan 2011	Other	4880067
Colin H Teichholtz	Co-head of fixed income trading	1 Apr 2011	Other	2269575
Richard Peter Knight	Head of business development	1 Apr 2011	Other	2555318
William Meyer Roth	Chief investment officer of two harbors investment corp.	1 Jan 2012	Other	1004992
Dan Jiong Li	Co-head of asian trading	1 Feb 2012	Other	4246402
James Brigham Clark	Co-chief investment officer	1 Apr 2013	Other	2603268
Paul Richardson	Chief risk officer	1 Apr 2013	Other	2288694
Annette Lori Krassner	Chief administrative officer	1 Mar 2014	Other	6317352
David Lane Kelly	Chief technology officer	1 Mar 2014	Other	2691046
Pine River Holdings L.P.	Limited partner of pine river capital management l.p.	1 Jan 2015	75% - 100%	47-2344969
Pine River Gp Ii Llc	General partner of pine river domestic management l.p.	1 Jan 2015	Other	47-2714846
Pine River Performance L.P.	Shareholder of pine river (cayman) ltd.	1 Jan 2015	75% - 100%	47-2332314
Samuel Jed Rubin	Chief compliance officer	1 Feb 2015	Other	5203106
David Lane Kelly	Co-chief operating officer	1 Jan 2016	Other	2691046
Nicholas Bruce Nusbaum	Chief financial officer	1 Apr 2016	Other	5138371
Elizabeth Ann Olney Arms	Chief compliance officer	1 Jul 2016	Other	6681312
Philip Bennett Prince	Head of treasury	1 Mar 2017	Other	1736404
Sushma Rani Gambhir	Head of business development	1 Apr 2017	Other	4428000

Indirect Owners

The SEC currently registers 5 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Pine River Capital Management Llc	General partner	1 Oct 2014	Other	71-0886275
Pine River Capital Management Llc	General partner	1 Dec 2014	Other	71-0886275
Brian Curtis Taylor	Limited partner	1 Jan 2015	25% - 50%	1876689
Pine River Capital Management L.P.	Member	1 Jan 2015	75% - 100%	133720
Pine River Performance L.P.	Shareholder	1 Feb 2015	75% - 100%	47-2332314

Based in Minnetonka

The principal office where Pine River Capital Management L.P. performs its advisory services is located at 601 Carlson Parkway, Minnetonka, MN 55305, which is also the mailing address of the firm. An additional office of the firm is in New York, NY. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 612-238-3300 or by fax 612-238-3301. The normal business hours are 8:00 a.m. - 5:00 p.m. on Monday - Friday. You can find more information about the New York firm at pinerivercapital.com.