Glazer Capital, LLC. (New York)


Glazer Capital, LLC. is a large advisory firm based in New York. It manages $2.11 billion of regulatory assets for 9 client accounts. It has been registered with the SEC as an adviser since 2005.

Glazer Capital 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.

Glazer Capital: assets under management

The assets under management (AUM) of Glazer Capital, LLC. is $2.11 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 1943% since the beginning of its operation, and $1.49 billion of the total AUM is attributable to clients outside of the United States.

The firm manages $2.11 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $234.78 million each.
Glazer Capital has custody of $1.8 billion in cash and securities for 7 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in exchange traded securities the most. They account for 39% of the total AUM. The second-largest asset type is non-investment grade corporate bonds, which make up 35% of the firm’s portfolio. Investments in other assets form 21% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Glazer Capital, 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 Glazer Capital serves?

The firm provides services to pooled investment vehicles and pension and profit sharing plans. The largest group of clients of Glazer Capital is pooled investment vehicles with 8 clients and $1.84 billion of assets under management. Among the 8 most similar advisory firms, Glazer Capital has the 4th lowest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $2.11 billion for 9 clients. 67% of the firm’s clients are foreign persons or businesses.

Glazer Capital also advises several private funds. Namely, five hedge funds. The minimum investment commitment required of non-related persons ranges from $0 to $500,000.

Careers at Glazer Capital, LLC.

The company employs 15 people that are either part- or full-time employees. 53 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.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Paul Jay Glazer President, ceo, cio 1 Oct 1998 50% - 75% 1613499
Mark Ort Principal, portfolio manager 1 Jan 2009 25% - 50% 2832844
David Alexander Barlow Chief compliance officer 1 Jan 2011 Other 5886647
Vikas K Mittal Member, portfolio manager 1 Jan 2017 Other 4562909

Based in New York

The principal office where Glazer Capital, LLC. performs its advisory services is located at 250 West 55 Th Street, New York, NY 10019, 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 212-808-7304 or by fax 212-808-7395. The normal business hours are 8am - 6pm on Monday - Friday. You can find more information about the New York firm at glazercapital.com.