Amber Capital LP (New York)

Name: Amber Capital LP
Address: 900 Third Avenue, New York, NY, 10022
Telephone: 212-340-7300

Amber Capital LP is a large advisory firm based in New York. It manages $1.65 billion of regulatory assets for 10 client accounts. It has been registered with the SEC as an adviser since 2005.

Amber Capital 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.

Amber Capital: assets under management

The assets under management (AUM) of Amber Capital LP is $1.65 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 0% since the beginning of its operation, and $1.31 billion of the total AUM is attributable to clients outside of the United States.

The firm manages $1.65 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $164.99 million each.

Amber Capital has custody of $1.48 billion in cash and securities for 7 clients in total but doesn’t act as a qualified custodian.

Fees & Commissions

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

The only and largest group of clients of Amber Capital is pooled investment vehicles with 10 clients and $1.65 billion of assets under management. Among the 10 most similar advisory firms, Amber Capital has the 2nd highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $1.65 billion for 10 clients. 70% of the firm’s clients are foreign persons or businesses.

Amber Capital also advises several private funds. Namely, three hedge funds and three other private funds. The minimum investment commitment required of non-related persons ranges from $0 to $5,727,000.

Careers at Amber Capital LP

The company employs 21 people that are either part- or full-time employees. 43 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.

Evan Scott Jacobs joined the executive team most recently as the Executive Officer/ Chief Compliance Officer / Group General Counsel.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Joseph Oughourlian	Chief executive officer	1 Feb 2005	75% - 100%	2753063
Amber Capital Gp Llc	General partner	1 May 2005	Other	20-2707539
Joseph Marie Oughourlian	Executive officer	1 May 2005	75% - 100%	2753063
Michel Marc Patrick Brogard	Executive officer	1 May 2005	Other	1572896
Joseph Oughourlian	Limited partner	1 May 2005	75% - 100%	2753063
Michel Marc Brogard	Limted partner	1 May 2005	Other	1572896
Michel Brogard	Limited partner	1 May 2005	Other	1572896
Cameron William Brown	Executive officer	1 Nov 2005	Other	3150886
Samuel Jed Rubin	General counsel	1 Jun 2006	Other	5203106
Samuel Jed Rubin	Chief compliance officer	1 Jul 2006	Other	5203106
Gilles Emile André Frétigné	Executive officer	1 Aug 2006	Other	5310446
Gilles Fretigne	Limited partner	1 Aug 2006	Other	5310446
Amber Capital Uk Holdings Limited	Corporate member - uk llp	1 Sep 2006	75% - 100%	foreign
Gilles Emile André Frétigné	Managing member - uk llp	1 Sep 2006	Other	5310446
Wayne Adam Lennon	Chief compliance officer	1 Jan 2008	Other	2888214
Joseph Marie Oughourlian	Managing member - uk llp	1 Aug 2012	Other	2753063
Amber Capital Management Lp	Limited partner	1 Aug 2012	75% - 100%	foreign
Amber Capital Management Gp Ltd	General partner - management lp	1 Aug 2012	Other	foreign
Michel Marc Patrick Brogard	Limited partner - management lp	1 Aug 2012	Other	1572896
Gilles Emile André Frétigné	Limited partner - management lp	1 Aug 2012	Other	5310446
Samuel Jed Rubin	Limited partner - management lp	1 Aug 2012	Other	5203106
Cameron William Brown	Limited partner - management lp	1 Aug 2012	Other	3150886
Brava Management S.A.	Shareholder - latam ltd.	1 Aug 2012	25% - 50%	foreign
Juan Pablo Jinenez Caviedes	Director - latam ltd.	1 Aug 2012	Other	6121827
Gustavo A. Serpa	Director - latam ltd.	1 Aug 2012	Other	4143180
Amber Capital Latam Ltd.	Shareholder- colombia sas	1 Aug 2012	75% - 100%	foreign
Jamie Lynn Craver	Executive officer/ chief compliance officer	1 Oct 2014	Other	6407746
Jose Ramon De La Rosa	Executive officer	1 Jan 2016	Other	6618125
Olivier Marie Fortesa	Executive officer	1 Jan 2017	Other	4699974
Rena Morjaria	Executive officer/ chief compliance officer / group general counsel	1 Mar 2017	Other	6773621
Evan Scott Jacobs	Executive officer/ chief compliance officer / group general counsel	1 Oct 2018	Other	5834271

Indirect Owners

The SEC currently registers 2 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Amber Capital Investment Management	Member	1 Sep 2006	75% - 100%	136167
Amber Capital Management Lp	Member	1 Jan 2013	75% - 100%	foreign

Based in New York

The principal office where Amber Capital LP performs its advisory services is located at 900 Third Avenue, New York, NY 10022, 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 212-340-7300 or by fax 212-340-7350. The normal business hours are 9:00 am - 5:00 pm on Monday - Friday. You can find more information about the New York firm at ambercapital.com.