Gates Capital Management, Inc. (New York)

Name: Gates Capital Management, Inc.
Address: 1177 Avenue Of The Americas, New York, NY, 10036
Telephone: 212-626-1421

Gates Capital Management, Inc. is a large advisory firm based in New York. It manages $2.26 billion of regulatory assets for 19 client accounts. It has been registered with the SEC as an adviser since 2005.

Gates 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.

Gates Capital Management: assets under management

The assets under management (AUM) of Gates Capital Management, Inc. is $2.26 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 353% since the beginning of its operation, and $384.13 million of the total AUM is attributable to clients outside of the United States.

The firm manages $2.26 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $119.11 million each.

Gates Capital Management has custody of $2.26 billion in cash and securities for 4 clients in total but doesn’t act as a qualified custodian.

Fees & Commissions

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

The only and largest group of clients of Gates Capital Management is pooled investment vehicles with 4 clients and $2.26 billion of assets under management. Among the 10 most similar advisory firms, Gates Capital Management has the 5th highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $2.26 billion for 4 clients. 50% of the firm’s clients are foreign persons or businesses.

Gates Capital Management also advises several private funds. Namely, four hedge funds. The minimum investment commitment required of non-related persons ranges from $500,000 to $1,000,000.

Careers at Gates Capital Management, Inc.

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
Jeffrey Linn Gates	President / portfolio manager	1 Jun 1996	75% - 100%	1887485
Dax Vlassis	Director of event-driven research	1 Mar 1999	Other	2336513
Justin Lee Boisseau	Director of equity research / chief operating officer	1 Jul 2003	Other	3085673
Marc Peter Luongo	Chief financial officer & chief compliance officer	1 Oct 2007	Other	4930501
Marc Michael Blatter	Chief financial officer & chief compliance officer	1 Jan 2014	Other	4930501
Marc M Blatter	Chief financial officer & chief compliance officer	1 Jan 2014	Other	6704241
Llc Gates Capital Management Gp	General partner of gates capital management, l.p. (relying adviser)	1 Jan 2015	Other	47-2408249

Indirect Owners

The SEC currently registers 2 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Inc. Gates Capital Management	N/a	1 Jan 2015	75% - 100%	137842
Jeffrey Linn Gates	N/a	1 Jan 2015	75% - 100%	1887485

Based in New York

The principal office where Gates Capital Management, Inc. performs its advisory services is located at 1177 Avenue Of The Americas, New York, NY 10036, 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 212-626-1421 or by fax 212-626-1417. The normal business hours are 9:00 am to 5:00 pm on Monday - Friday. You can find more information about the New York firm at gatescap.com.