Kylin Management LLC (New York)

Kylin Management LLC is a large advisory firm based in New York. It manages $1.52 billion of regulatory assets for 7 client accounts. It has been registered with the SEC as an adviser since 2006 and has operated in the jurisdiction of New York.

Kylin 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.

Kylin Management: assets under management

The assets under management (AUM) of Kylin Management LLC is $1.52 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 2820% since the beginning of its operation, and $881.05 million of the total AUM is attributable to clients outside of the United States.

The firm manages $1.52 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $216.99 million each.

Kylin Management has custody of $1.48 billion in cash and securities for 6 clients in total but doesn’t act as a qualified custodian.

Fees & Commissions

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

The only and largest group of clients of Kylin Management is pooled investment vehicles with 7 clients and $1.52 billion of assets under management. Among the 9 most similar advisory firms, Kylin Management has the 3rd highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $1.52 billion for 7 clients. 71% of the firm’s clients are foreign persons or businesses.

Kylin Management also advises several private funds. Namely, three hedge funds. The minimum investment commitment required of non-related persons ranges from $2,000,000 to $100,000,000.

Careers at Kylin Management LLC

The company employs 23 people that are either part- or full-time employees. 57 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
Teddy Kyung Ho Kang	Manager, member and chief investment officer of registrant	1 Jan 2006	50% - 75%	2516609
Paul Guggenheimer	Chief financial officer, chief compliance officer	1 Jan 2006	Other	3202212
Yusuke Suzuki	Member of registrant	1 Jan 2006	Other	4528157
Silver Phoenix Management Llc	Member of kylin partners llc	1 Jan 2006	50% - 75%	47-1146996
Ys Management Llc	Member of kylin partners llc	1 Jan 2006	Other	47-1147064
Red Falcon Management Llc	Member of registrant	1 Jan 2008	25% - 50%	26-1624028
Black Osprey Management Llc	Member of kylin partners llc	1 Jun 2010	25% - 50%	26-0347810
David K Kim	Chief operating officer	1 Apr 2012	Other	5093183
Teddy Kyung Ho Kang	Manager of kylin partners iii llc	1 Oct 2013	Other	2516609
Black Osprey Management Llc	Member of kylin partners iii llc	1 Oct 2013	75% - 100%	26-0347810
Ys Management Llc	Member of kylin partners iii llc	1 Oct 2013	Other	47-1147064
Teddy Kyung Ho Kang	Manager and chief investment officer of kylin capital llc	1 May 2014	Other	2516609
Black Osprey Management Llc	Member of kylin capital llc	1 May 2014	75% - 100%	26-0347810
Kylin Capital Management Lp	Managing member	1 Oct 2015	75% - 100%	81-2018012
David James Gleason	Chief financial officer	1 Mar 2016	Other	2826780
Hyon Soo (Jake) Nmn Park	Chief compliance officer	1 Mar 2016	Other	6622668
Hyon Soo (Nmn) Park	Chief compliance officer	1 Mar 2016	Other	6622668

Indirect Owners

The SEC currently registers 14 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Teddy Kyung Ho Kang	Manager, member	1 Dec 2005	50% - 75%	2516609
Kang 2007 Family Trust	Member	1 Dec 2005	25% - 50%	35-6953396
Yusuke Suzuki	Trustee of kang 2007 family trust, a member	1 Dec 2005	25% - 50%	4528157
Suzuki 2006 Family Trust	Member	1 Jan 2006	50% - 75%	35-7074523
Michiyo Suzuki	Trustee of suzuki 2006 family trust, a member	1 Jan 2006	50% - 75%	6363749
Teddy Kyung Ho Kang	Manager, member	1 May 2007	Other	2516609
Kang 2007 Family Trust	Member	1 May 2007	75% - 100%	35-6953396
Yusuke Suzuki	Trustee of kang 2007 family trust, a member	1 May 2007	75% - 100%	4528157
Teddy Kyung Ho Kang	Manager, member	1 Jan 2008	Other	2516609
Yusuke Suzuki	Trustee of kang 2007 family trust, a member	1 Jan 2008	75% - 100%	4528157
Kang 2007 Family Trust	Member	1 Jan 2008	75% - 100%	35-6953396
Teddy Kyung Ho Kang	Manager, member	1 Oct 2015	50% - 75%	2516609
Red Falcon Management Llc	Member	1 Oct 2015	25% - 50%	26-1624028
Kylin Capital Management Gp Llc	General partner	1 Oct 2015	Other	81-2011261

Based in New York

The principal office where Kylin Management LLC performs its advisory services is located at 475 Fifth Ave, New York, NY 10017, 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 212-323-8100 or by fax 212-323-8101. The normal business hours are 8:30am-6:00pm on Monday - Friday.