Olympus Peak Asset Management LP (New York)

Name: Olympus Peak Asset Management LP
Address: 745 Fifth Avenue, New York, NY, 10151
Telephone: 212-373-1195

Olympus Peak Asset Management LP is a large advisory firm based in New York. It manages $581 million of regulatory assets for 3 client accounts. It has been registered with the SEC as an adviser since 2019.

Olympus Peak Asset Management 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.

Olympus Peak Asset Management: assets under management

The assets under management (AUM) of Olympus Peak Asset Management LP is $581 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 0% since the beginning of its operation, and $271.34 million of the total AUM is attributable to clients outside of the United States.

The firm manages $581 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $193.67 million each.

Olympus Peak Asset Management has custody of $581 million in cash and securities for 3 clients in total but doesn’t act as a qualified custodian.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Olympus Peak Asset Management LP 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 Olympus Peak Asset Management serves?

The only and largest group of clients of Olympus Peak Asset Management is pooled investment vehicles with 3 clients and $581 million of assets under management. Among the 9 most similar advisory firms, Olympus Peak Asset Management has the 2nd highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $581 million for 3 clients. 67% of the firm’s clients are foreign persons or businesses.

Olympus Peak Asset Management also advises several private funds. Namely, one hedge fund. The minimum investment commitment required of non-related persons is $5,000,000 for each fund.

Careers at Olympus Peak Asset Management LP

The company employs 11 people that are either part- or full-time employees. 64 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.

Todd Thomas Westhus has served as the Chief Investment Officer since 1 Mar 2017. Noreen Suzor joined the executive team most recently as the Chief Financial Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Doreen Mary Mochrie	Chief operations officer/ limited partner	1 Mar 2017	Other	1437463
Todd Thomas Westhus	Chief investment officer/ limited partner	1 Mar 2017	75% - 100%	4252707
Leah Silverman	Chief compliance officer/general counsel	1 Aug 2018	Other	xxx-xx-xxxx
Olympus Peak Asset Management Gp Llc	General partner	1 Aug 2018	Other	83-2340423
Noreen Suzor	Chief financial officer	1 Oct 2018	Other	xxx-xx-xxxx

Based in New York

The principal office where Olympus Peak Asset Management LP performs its advisory services is located at 745 Fifth Avenue, New York, NY 10151, 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 212-373-1195. The normal business hours are 9am-5pm on Monday - Friday. You can find more information about the New York firm at opeaklp.com and its LinkedIn profile.