The HALCYON GROUP is a privately held investment adviser that advises $7.13Bn in regulatory assets under management held in 5 SEC fund types across 5 investment strategies. HALCYON GROUP 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 25.79% over the last 5-years.
The Group has been registered with the SEC for 29.1 years and is comprised of 1 filing and 6 relying advisers. They operate out of 1 office location with their Headquarters at 299 PARK AVENUE 24TH FLOOR, NEW YORK, NY. The Group has not been subject to regulatory enforcement actions. They are regulated by 6 US and Non-US bodies.
They have 49 employees comprised of 22 investment and 27 non-investment staff. The total number of Employees decreased by 38.75% over the last 5-years.
Their $7.13Bn in assets advised are owned by 45 private funds, 0 public funds and BDCs and 0 other accounts. Assets of Pooled Investment Vehicles (Not IC or BDC) clients total $6.83Bn or 95.7% of Total Assets.
The Group's top investment strategies include FI/Credit - Diverse, Multi Strat and FI/Credit - Asset Backed Securities, representing 59.02%, 28.07% and 12.7% of total assets, respectively.
They advise 1 types of clients, top clients are Pooled Investment Vehicles (Not IC or BDC).
The Group uses 8 Fund Administrators, 1 Fund Auditors, 4 Prime Brokers, 11 Custodians and 0 Marketers. It does not report a third-party Fund Administrator in 1 private funds with $7.3mn in assets.
The Group discloses advisory fees, management fees and performance-based fees.
HALCYON GROUP names 0 sub-advisers to 0 different funds advised by the group. The Group has been named as the sub-adviser to 3 funds.
They have a HIGH 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 HALCYON GROUP's case, they have 19 business conditions that require high process maturity and 0 Watch Factors.