Accipiter Capital Management, LLC (Palm Beach Gardens)

Accipiter Capital Management, LLC is a large advisory firm based in Palm Beach Gardens. It manages $119.36 million of regulatory assets for 1 client accounts. It has been registered with the SEC as an adviser since 2012 and has operated in the jurisdictions of Florida, New Jersey, and New York.

Accipiter Capital 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.

Accipiter Capital Management: assets under management

The assets under management (AUM) of Accipiter Capital Management, LLC is $119.36 million, all of which is managed in discretionary accounts. The firm's AUM has gone down by -43% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $119.36 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $119.36 million each.

Fees & Commissions

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

The only and largest group of clients of Accipiter Capital Management is pooled investment vehicles with 1 clients and $119.36 million of assets under management. Among the 11 most similar advisory firms, Accipiter Capital Management has the highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $119.36 million for 1 clients. None of the firm’s clients are foreign persons or businesses.

Accipiter Capital Management also advises several private funds. Namely, one hedge fund. The minimum investment commitment required of non-related persons is $1,000,000 for each fund.

Careers at Accipiter Capital Management, LLC

The company employs 4 people that are either part- or full-time employees. 75 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
Gabriel Alan Hoffman	Managing member	1 Nov 2002	75% - 100%	4163644
Michael Robert Guarneri	Chief financial officer/chief compliance officer	1 Dec 2005	Other	6022693

Based in Palm Beach Gardens

The principal office where Accipiter Capital Management, LLC performs its advisory services is located at 3801 Pga Boulevard, Palm Beach Gardens, FL 33410 The mailing address of the firm is C/O Candens Services, Inc. 525 Washington Blvd., Jersey City, NJ 07310. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 201-308-8040 or by fax 201-308-8030. The normal business hours are 9am to 5 pm on Monday - Friday.