Glenview Capital Management, LLC (New York)


Glenview Capital Management, LLC is a large advisory firm based in New York. It manages $12.78 billion of regulatory assets for 9 client accounts. It has been registered with the SEC as an adviser since 2012 and has operated in the jurisdiction of Maryland.

Glenview 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.

Glenview Capital Management: assets under management

The assets under management (AUM) of Glenview Capital Management, LLC is $12.78 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 82% since the beginning of its operation, and $7.58 billion of the total AUM is attributable to clients outside of the United States.

The firm manages $12.78 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $1.42 billion each.
Glenview Capital Management has custody of $11.94 billion in cash and securities for 8 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in exchange traded securities the most. They account for 94% of the total AUM. The second-largest asset type is derivatives, which make up 6% of the firm’s portfolio.

Fees & Commissions

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

The only and largest group of clients of Glenview Capital Management is pooled investment vehicles with 8 clients and $11.94 billion of assets under management. Among the 9 most similar advisory firms, Glenview Capital Management has the highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $11.94 billion for 8 clients. 44% of the firm’s clients are foreign persons or businesses.

Glenview Capital Management also advises several private funds. Namely, eight hedge funds. The minimum investment commitment required of non-related persons ranges from $0 to $5,000,000.

Careers at Glenview Capital Management, LLC

The company employs 77 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
Lawrence Michael Robbins Ceo, portfolio manager & manager 1 Oct 2000 75% - 100% 2780387
John David Rodin Co-president (glenview capital management, llc, glenview capital gp, llc, glenview opportunity gp, llc) 1 Mar 2002 Other 2926633
Mark Joseph Horowitz President and general counsel 1 Aug 2004 Other 6028006
Llc Glenview Capital Management Sole shareholder of glenview capital management limited (relying adviser) 1 Jan 2006 75% - 100% 137640
Lawrence Michael Robbins Director of glenview capital management limited (relying adviser) 1 Jan 2006 Other 2780387
Michael John Burke Chief financial officer 1 Oct 2006 Other 6028008
Mark Joseph Horowitz Director of glenview capital management limited (relying adviser) 1 Jan 2010 Other 6028006
Robbins Family Holdings Llc Member (glenview capital gp, llc, glenview opportunity gp, llc) 1 May 2010 75% - 100% 35-2319724
Rfh Management Llc Member (glenview capital management, llc) 1 Jan 2014 75% - 100% 46-4407706
Jonathan Adam Danziger Chief compliance officer 1 Jan 2015 Other 6433970
John David Rodin Co-president 1 Dec 2016 Other 2926633

Indirect Owners

The SEC currently registers 2 indirect owners.

Name Entity Date acquired Ownership Employer ID
Lawrence Michael Robbins Manager 1 May 2010 75% - 100% 2780387
Lawrence Michael Robbins Manager 1 Jan 2014 75% - 100% 2780387

Based in New York

The principal office where Glenview Capital Management, LLC performs its advisory services is located at 767 Fifth Avenue, New York, NY 10153, which is also the mailing address of the firm. An additional office of the firm is in Silver Spring, MD. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 212-812-4700 or by fax 212-812-4701. The normal business hours are 8am - 6pm on Monday - Friday.