Skye Global Management LP (New York)

Skye Global Management LP is a large advisory firm based in New York. It manages $523.63 million of regulatory assets for 5 client accounts. It has been registered with the SEC as an adviser since 2016.

Skye Global Management 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.

Skye Global Management: assets under management

The assets under management (AUM) of Skye Global Management LP is $523.63 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 456% since the beginning of its operation, and $147.51 million of the total AUM is attributable to clients outside of the United States.

The firm manages $523.63 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $104.73 million each.

Investments

The firm invests in exchange traded securities the most. They account for 97% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 3% of the firm’s portfolio.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Skye Global Management LP 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 Skye Global Management serves?

The only and largest group of clients of Skye Global Management is pooled investment vehicles with 3 clients and $330.31 million of assets under management. Among the 12 most similar advisory firms, Skye Global Management has the 5th highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $330.31 million for 3 clients. 60% of the firm’s clients are foreign persons or businesses.

Skye Global Management also advises several private funds. Namely, one hedge fund. The minimum investment commitment required of non-related persons is $100,000 for each fund.

Careers at Skye Global Management LP

The company employs 3 people that are either part- or full-time employees. 67 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
Skye Global Management Gp Llc	General partner	1 Feb 2016	Other	812008237
Skye Global Holdings Lp	Limited partner	1 Feb 2016	75% - 100%	812008237
James Macleod Sterne	Portfolio manager/chief compliance officer	1 May 2016	Other	5399077
Rick Barry Muller	Chief financial officer/chief compliance officer	1 Oct 2017	Other	6018459
Rick Barry Muller	Chief compliance officer	1 Mar 2018	Other	6018459

Indirect Owners

The SEC currently registers 3 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
James Macleod Sterne	Managing member of skye global management gp llc	1 Aug 2012	Other	5399077
Skye Global Management Gp Llc	General partner of skye global holdings lp	1 May 2016	Other	812008237
U/T/A Dated April 8 2016 James M. Sterne 2016 (Ny) Trust	Limited partner of skye global holdings lp	1 May 2016	75% - 100%	xxx-xx-xxxx

Based in New York

The principal office where Skye Global Management LP performs its advisory services is located at 767 Fifth Avenue, 12 Th Floor, New York, NY 10153, 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 212-256-8923. The normal business hours are 8:00am - 5:00pm on Monday - Friday.