Mantle Ridge LP (New York)

Mantle Ridge LP is a large advisory firm based in New York. It manages $2.74 billion of regulatory assets for 9 client accounts. It has been registered with the SEC as an adviser since 2016.

Mantle Ridge 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.

Mantle Ridge: assets under management

The assets under management (AUM) of Mantle Ridge LP is $2.74 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 790% since the beginning of its operation, and $1.73 billion of the total AUM is attributable to clients outside of the United States.

The firm manages $2.74 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $304.67 million each.

Mantle Ridge has custody of $2.74 billion in cash and securities for 9 clients in total but doesn’t act as a qualified custodian.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Mantle Ridge 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 Mantle Ridge serves?

The only and largest group of clients of Mantle Ridge is pooled investment vehicles with 9 clients and $2.74 billion of assets under management. Among the 8 most similar advisory firms, Mantle Ridge has the 3rd highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $2.74 billion for 9 clients. 63% of the firm’s clients are foreign persons or businesses.

Mantle Ridge also advises several private funds. Namely, eleven hedge funds. The minimum investment commitment required of non-related persons is $50,000,000 for each fund.

Careers at Mantle Ridge LP

The company employs 4 people that are either part- or full-time employees. 50 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
Mantle Ridge Gp Llc	General partner	1 Jun 2016	Other	38-4007026
Paul Charles Hilal	Chief executive officer / managing partner	1 Jun 2016	75% - 100%	2285779
Christopher Lee	Chief compliance officer	1 Jul 2016	Other	6683893
Mr Pch Fee Pool Lp	Limited partner	1 Aug 2016	75% - 100%	813575175
Mantle Ridge Lp	Sole member of mr argent advisor llc (relying adviser)	1 Aug 2016	75% - 100%	81-3048123

Indirect Owners

The SEC currently registers 5 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Paul Charles Hilal	Managing member	1 Aug 2016	75% - 100%	2285779
Pch Mr Advisor Holdings Llc	Managing member	1 Aug 2016	50% - 75%	813598309
Pch Gst Trust Holdings Llc	Member	1 Aug 2016	25% - 50%	813574951
Paul C. Hilal 2016 Family Trust	Member	1 Aug 2016	75% - 100%	35-7145397
Mantle Ridge Gp Llc	General partner	1 Aug 2016	Other	38-4007026

Based in New York

The principal office where Mantle Ridge 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 646-762-8540. The normal business hours are 9am - 5pm on Monday - Friday.