Renaissance Technologies LLC (New York)

Name: Renaissance Technologies LLC
Address: 800 Third Avenue, New York, NY, 10022
Telephone: 212-829-4460

Renaissance Technologies LLC is a large advisory firm based in New York. It manages $130.94 billion of regulatory assets for 20 client accounts. It has been registered with the SEC as an adviser since 2008 and has operated in the jurisdiction of New York.

Renaissance Technologies provides portfolio management for pooled investment vehicles and portfolio management for businesses and institutional clients. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Renaissance Technologies: assets under management

The assets under management (AUM) of Renaissance Technologies LLC is $130.94 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 290% since the beginning of its operation, and $46.03 billion of the total AUM is attributable to clients outside of the United States.

The firm manages $130.94 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $6.55 billion each.

Renaissance Technologies has custody of $101.72 billion in cash and securities for 18 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in exchange traded securities the most. They account for 75% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 23% of the firm’s portfolio. Investments in other assets form 1% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Renaissance Technologies LLC for their services and products based on a percentage of assets under management, fixed fees, 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 Henry Laufer serves?

The only and largest group of clients of Henry Laufer is pooled investment vehicles with 18 clients and $101.72 billion of assets under management. Among the 8 most similar advisory firms, Renaissance Technologies has the 2nd highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $101.72 billion for 18 clients. 50% of the firm’s clients are foreign persons or businesses.

Renaissance Technologies also advises several private funds. Namely, thirteen hedge funds. The minimum investment commitment required of non-related persons ranges from $0 to $10,000.

Careers at Renaissance Technologies LLC

The company employs 310 people that are either part- or full-time employees. 48 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.

Henry Laufer has been acting as President since 1 Jan 1996. Robert Leroy Mercer joined the executive team most recently as the Co Ceo, Co President, Director.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
James Harris Simons	Chairman of the board	1 Sep 1982	Other	1889149
Mendel Mark Silber	Executive vice president, chief compliance officer, chief legal officer, chief financial officer, director	1 Jan 1983	Other	1886689
Henry Laufer	Vice president, director	1 Jan 1991	Other	1942380
Henry Laufer	Director	1 Jan 1996	Other	1942380
Robert Leroy Mercer	Co-president, director	1 Jul 2002	Other	2603866
Peter Fitzhugh Brown	Co-president, director	1 Jul 2002	Other	1478557
Nathaniel Simons	Vice chairman, director	1 Feb 2006	Other	2839036
Paul Gerard Broder	Director	1 Feb 2006	Other	2813340
Renaissance Technologies Holdings Corporation	Member	1 Jun 2007	75% - 100%	13-3127734
Rtc Ii Holdings Llc	Member	1 Jun 2007	Other	26-0417384
James Stephen Rowen	Chief operating officer	1 Jan 2008	Other	1808127
Robert Leroy Mercer	Co-ceo, co-president, director	1 Jan 2010	Other	2603866
Peter Fitzhugh Brown	Co-ceo, co-president, director	1 Jan 2010	Other	1478557
Paul Gerard Broder	Vice president, director	1 Jan 2010	Other	2813340

Indirect Owners

The SEC currently registers 1 indirect owner.

Name	Entity	Date acquired	Ownership	Employer ID
James Harris Simons	Shareholder	1 Jun 2007	25% - 50%	1889149

Based in New York

The principal office where Renaissance Technologies LLC performs its advisory services is located at 800 Third Avenue, New York, NY 10022, which is also the mailing address of the firm. An additional office of the firm is in East Setauket, NY. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 212-829-4460 or by fax 212-758-7136. The normal business hours are 9am - 5pm on Monday - Friday. You can find more information about the New York firm at renfund.com/.