The GARDNER LEWIS ASSET MANAGEMENT LP is a privately held investment adviser that advises $636.63mn in regulatory assets under management held in 2 SEC fund types across 4 investment strategies. GARDNER LEWIS ASSET MANAGEMENT LP is a Private Fund A private fund manager is a manager whose >=75% of total assets under management are in private funds (privately offered pooled vehicles for accredited or qualified investors, generally accessed through placements with higher minimums, restricted eligibility, and negotiated terms) Manager. Assets decreased by 17.44% over the last 5-years.
The Group has been registered with the SEC for 35.86 years and is comprised of 1 filing and 0 relying advisers. They operate out of 1 office location with their Headquarters at 285 WILMINGTON WEST CHESTER PIKE, CHADDS FORD, PA. The Group has not been subject to regulatory enforcement actions. They are regulated by 2 US and Non-US bodies.
They have 9 employees comprised of 5 investment and 4 non-investment staff. The total number of Employees decreased by 25% over the last 5-years.
Their $636.63mn in assets advised are owned by 9 private funds, 1 public fund and BDCs and 0 other accounts. Assets of Pooled Investment Vehicles (Not IC or BDC) clients own $494.08mn or 77.61% of Total Assets and Investment Companies (IC) own $91mn or 14.29% of Total Assets.
The Group's top investment strategies include Multi Strat, Long/Short Equity and Fund of Funds, representing 57.24%, 42.76% and 0% of total assets, respectively.
They advise 2 types of clients, top clients are Pooled Investment Vehicles (Not IC or BDC) and Investment Companies (IC).
The Group uses 2 Fund Administrators, 2 Fund Auditors, 2 Prime Brokers, 3 Custodians and 1 Marketers. It does not report a third-party Fund Administrator in 0 private funds with $0 in assets.
The Group discloses management fees and performance-based fees.
GARDNER LEWIS ASSET MANAGEMENT LP names 0 sub-advisers to 0 different funds advised by the group. The Group has been named as the sub-adviser to 2 funds.
They have a MEDIUM-WATCH risk business model that requires a high degree of process maturity to manage operational risk. A Manager Group has a "High Complexity" when 25% or more of 63 business conditions measured require a high level of process maturity to manage the risk. The "Watch" suffix indicates that one or more of the following business conditions carry a high-complexity score: 1) % Fund Assets Valued Internally, 2) prior Regulatory Violations, 3) Unqualified Audits, 4) Multi-Functional C-Suite and 5) Business Concentration Risk with an Auditor or Administrator.
In GARDNER LEWIS ASSET MANAGEMENT LP's case, they have 11 business conditions that require high process maturity and 1 Watch Factors.