Glean Management LP (West Hollywood)

Name: Glean Management LP
Address: 8285 W Sunset Blvd Suite 7 A, West Hollywood, CA, 90046
Telephone: 323-745-5009

Glean Management LP is a large advisory firm based in West Hollywood. It manages $197.19 million of regulatory assets for 6 client accounts. It has been registered with the SEC as an adviser since 2019 and has operated in the jurisdictions of California and Florida.

Glean 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.

Glean Management: assets under management

The assets under management (AUM) of Glean Management LP is $197.19 million, all of which is managed in discretionary accounts. The company doesn't manage any assets belonging to foreign clients.

The firm manages $197.19 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $32.86 million each.

Fees & Commissions

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

The only and largest group of clients of Glean Management is pooled investment vehicles with 6 clients and $197.19 million of assets under management. Among the 10 most similar advisory firms, Glean Management has the highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $197.19 million for 6 clients. None of the firm’s clients are foreign persons or businesses.

Glean Management also advises several private funds. Namely, six private equity funds. The minimum investment commitment required of non-related persons ranges from $25,000 to $1,000,000.

Careers at Glean Management LP

The company employs 3 people that are either part- or full-time employees. No 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
Levi Nagel	Managing member	1 Feb 2019	50% - 75%	4643129
Eliyahu Federman	Managing partner	1 Feb 2019	25% - 50%	7100233
Ben Federman	Managing partner	1 Feb 2019	25% - 50%	7100235
Glean Management Llc	General partner	1 Feb 2019	Other	83-3020408
Isaac Rosenfeld	Chief compliance officer	1 Feb 2019	Other	6360135

Based in West Hollywood

The principal office where Glean Management LP performs its advisory services is located at 8285 W Sunset Blvd Suite 7 A, West Hollywood, CA 90046, 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 323-745-5009. The normal business hours are 8:00-6:00 p.m. on Monday - Friday. You can find more information about the New York firm at gleancapital.com.