Cormorant Asset Management, LP

RIASEC RegisteredEst. 2014
Total AUM
$3.8B
Discretionary
$3.8B
100% of AUM
Avg account
$240M
Accounts
16
Employees
12
Advisory reps
3

Firm details

Headquarters
Boston, Massachusetts
CRD number
167820
Registered since
April 15, 2014
Custodians
MORGAN STANLEY & CO. LLC
Fee structure
Percentage of AUM, Performance Based Fees
Client types
  • Pooled Investment Vehicles99.77%
  • Other0.23%
Services
Portfolio Management for Pooled Investment Vehicles

Firm profile

FINTRX

Overview

Cormorant Asset Management, LP is a private investment manager formed as a limited partnership that operates primarily for institutional clients. Registered with the SEC since 2014, the firm functions as a hedge fund and private equity manager and carries multiple roles typical of sponsor-led firms — acting as advisor, general partner and managing member for pooled vehicles. Its business mix includes commodity pool or trading-adviser activity (CPO/CTA) and portfolio management for pooled investment vehicles. Compensation structures include both a percentage-of-assets fee and performance-based fees. Cormorant does not present itself as an ESG-focused allocator and is not registered as a multi-state adviser.

Assets & Accounts

Public Holdings

Investments & Alternatives

Location & Offices

Investment profile

FINTRX

Traditional investments used

Alternative investments used

Active ESG investor

Technology & operations

FINTRX

CRM & tech providers

TAMPs used

Clients

FINTRX

Client base

Client personas

Asset composition

Asset composition: Non-Exchange Traded Equities 93%, Cash & Cash Equivalents 6%, Exchange Traded Equities 1%93%
  • Non-Exchange Traded Equities93%
  • Cash & Cash Equivalents6%
  • Exchange Traded Equities1%

Owners & executives

2 of 2
  • Nebojsa Obradovic

    Chief Compliance OfficerCRD 6602224

  • Caleb Tripp

    Caleb Tripp

    Chief Operating OfficerCRD 5960829

Contacts

1 of 1
  • Bihua Chen

    Bihua Chen

    Portfolio ManagementCRD 4540591

Wealth teams

FINTRX

Newly hired reps

FINTRX

Recent M&A activity

FINTRX

Recent filings

FINTRX

Awards

FINTRX

Location

Primary office

Boston, MA

Suffolk

Location

Boston, MA

Headquartered in Boston, MA, anchoring the Boston-Worcester-Providence, MA-RI-NH-CT metro in the Northeast.

Metro area
Boston-Worcester-Providence, MA-RI-NH-CT
Region
Northeast
County
Suffolk
Address
200 Clarendon St
Time zone
ET (UTC-5)
Office locations

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Source: FINTRX private wealth data intelligence

Intelligence for Private Wealth