P. Schoenfeld Asset Management LP (New York)


P. Schoenfeld Asset Management LP is a large advisory firm based in New York. It manages $2.65 billion of regulatory assets for 24 client accounts. It has been registered with the SEC as an adviser since 2009 and has operated in the jurisdiction of Delaware.

P. Schoenfeld Asset Management provides portfolio management for investment companies and 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.

P. Schoenfeld Asset Management: assets under management

The assets under management (AUM) of P. Schoenfeld Asset Management LP is $2.65 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 84% since the beginning of its operation, and $2.49 billion of the total AUM is attributable to clients outside of the United States.

The firm manages $2.65 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $110.21 million each.
P. Schoenfeld Asset Management has custody of $1.04 billion in cash and securities for 14 clients in total but doesn’t act as a qualified custodian.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay P. Schoenfeld 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 P. Schoenfeld Asset Management serves?

The firm provides services to investment companies and pooled investment vehicles. The largest group of clients of P. Schoenfeld Asset Management is pooled investment vehicles with 22 clients and $2.5 billion of assets under management. Among the 7 most similar advisory firms, P. Schoenfeld Asset Management has the 4th highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $2.65 billion for 24 clients. 67% of the firm’s clients are foreign persons or businesses.

P. Schoenfeld Asset Management also advises several private funds. Namely, five hedge funds and three private equity funds. The minimum investment commitment required of non-related persons ranges from $0 to $500,000.

Careers at P. Schoenfeld Asset Management LP

The company employs 41 people that are either part- or full-time employees. 51 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
Peter Michael Schoenfeld Ceo, limited partner (of p. schoenfeld asset management lp) 1 Jun 1996 75% - 100% 414726
Reggi Reich Gerber Limited partner (of p. schoenfeld asset management lp) 1 Jun 1996 Other 861057
John Michael Vassallo Director of operations, limited partner (of p. schoenfeld asset management lp) 1 Jun 1996 Other 2834090
Peter Michael Schoenfeld Managing member (of synapse i llc) 1 Dec 1996 75% - 100% 414726
Reggi Reich Gerber Member (of synapse i llc) 1 Dec 1996 Other 861057
Peter Michael Schoenfeld Managing member (of synapse iv llc) 1 Mar 1998 75% - 100% 414726
Reggi Reich Gerber Member (of synapse iv llc) 1 Mar 1998 Other 861057
Peter Michael Schoenfeld Managing member (of synapse iii llc) 1 Jun 1998 75% - 100% 414726
Reggi Reich Gerber Member (of synapse iii llc) 1 Jun 1998 Other 861057
Peter Mark Faulkner Portfolio manager (of p. schoenfeld asset management lp) 1 Jan 2002 Other 1215479
Douglas Mark Polley Portfolio manager 1 Jan 2002 Other 2591271
John Michael Vassallo Director of operations 1 Jan 2004 Other 2834090
Psam Limited Designated member (of p. schoenfeld asset management llp) 1 Jan 2005 75% - 100% foreign entity
Peter Michael Schoenfeld Designated member (of p. schoenfeld asset management llp) 1 Jan 2005 Other 414726
Daniel Charles Goldwater Managing director 1 Jan 2005 Other 1723109
Dhananjay Mohan Pai President and chief operating officer 1 Feb 2007 Other 1197822
Caroline Schoenfeld Greenwald Head of marketing and investor relations 1 May 2007 Other 4526491
Dhananjay Mohan Pai Designated member (of p. schoenfeld asset management llp) 1 Dec 2007 Other 1197822
John Kelly Robinson Chief compliance officer 1 Jun 2008 Other 4781547
Rick Jay Weber Portfolio manager (of p. schoenfeld asset management lp) 1 Oct 2008 Other 1425738
P. Schoenfeld Asset Management Gp Llc General partner (of p. schoenfeld asset management lp) 1 Jan 2009 Other 90-0535160
P. Schoenfeld Asset Managment Gp Llc Partner 1 Jan 2009 75% - 100% xxx-xx-xxxx
James Martin Malley Portfolio manager (of p. schoenfeld asset management lp) 1 Apr 2009 Other 2933217
Richard Anthony Bilotti Portfolio manager (of p. schoenfeld asset management lp) 1 Jul 2010 Other 1820440
Martha Alice Mensoian Chief compliance officer 1 Nov 2010 Other 5868192
Omar Nmn Sayed Portfolio manager (of p. schoenfeld asset management llp) 1 Apr 2011 Other 2791054
Dhananjay Mohan Pai Chief compliance officer (of p. schoenfeld asset management lp) 1 Jun 2013 Other 1197822
Vickramajit Singh Sandhu Chief compliance officer & general counsel 1 Sep 2013 Other 6248792
Annie Nmn Lerner Chief financial officer 1 May 2014 Other 6470815
Philip Edington Brown Head of credit research 1 Apr 2016 Other 3272735
Peter Michael Schoenfeld Managing member (of synapse v llc) 1 Sep 2017 75% - 100% 414726
Alan Tat Ming Chan Chief compliance officer 1 Mar 2018 Other 6931507

Indirect Owners

The SEC currently registers 2 indirect owners.

Name Entity Date acquired Ownership Employer ID
Peter Michael Schoenfeld Managing member 1 Jan 2009 75% - 100% 414726
P. Schoenfeld Asset Management Lp Owner 1 Jan 2009 75% - 100% 149236

Based in New York

The principal office where P. Schoenfeld Asset Management LP performs its advisory services is located at 1350 Avenue Of The Americas, 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 212-649-9500 or by fax 212-649-9515. The normal business hours are 8:00 am- 5:00 pm on Monday - Friday. You can find more information about the New York firm at psam.com.