The FIRST MANHATTAN CO is a privately held investment adviser that advises $38.1Bn in regulatory assets under management held in 3 SEC fund types across 5 investment strategies. FIRST MANHATTAN CO is a Retail Wealth A retail wealth manager is a manager whose >=75% of total assets under management are managed for individual investors through retail advisory or brokerage channels. Manager. Assets increased by 53.75% over the last 5-years.
The Group has been registered with the SEC for 49.58 years and is comprised of 1 filing and 0 relying advisers. They operate out of 5 office locations with their Headquarters at 399 PARK AVENUE, NEW YORK, NEW YORK. The Group has been subject to regulatory enforcement actions. They are regulated by 6 US and Non-US bodies.
They have 147 employees comprised of 51 investment and 96 non-investment staff. The total number of Employees increased by 26.72% over the last 5-years.
Their $38.1Bn in assets advised are owned by 10 private funds, 2 public funds and BDCs and 203 other accounts. Assets of High Net Worth Individuals clients own $33.28Bn or 87.36% of Total Assets and Charitable Organizations own $1.57Bn or 4.12% of Total Assets.
The Group's top investment strategies include Emerging Markets, Long/Short Equity and Traditional LBO, representing 53.35%, 21.26% and 12.02% of total assets, respectively.
They advise 6 types of clients, top clients are High Net Worth Individuals and Charitable Organizations.
The Group uses 2 Fund Administrators, 3 Fund Auditors, 0 Prime Brokers, 2 Custodians and 1 Marketers. It does not report a third-party Fund Administrator in 4 private funds with $164.72mn in assets.
The Group discloses management fees and performance-based fees.
FIRST MANHATTAN CO names 4 sub-advisers 2020HL, LLC, 31 GROUP (O.V) LTD, FIRST BEIJING, FIRST BEIJING INVESTMENT (CAYMAN LIMITED) to 5 different funds advised by the group. The Group has been named as the sub-adviser to 0 funds.