{
  "crd_number": 286158,
  "slug": "wasserstein-management-lp-new-york-ny-286158",
  "primary_business_name": "WASSERSTEIN MANAGEMENT,  LP",
  "legal_name": "WASSERSTEIN MANAGEMENT,  LP",
  "dbas": [
    "WASSERSTEIN MANAGEMENT, LP"
  ],
  "city": "New York",
  "state": "NY",
  "country": "United States",
  "cbsa_code": "35620",
  "metro": {
    "cbsa_code": "35620",
    "common_name": "New York",
    "msa_name": "New York-Newark-Jersey City, NY-NJ",
    "path": "/advisors/ny/new-york"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2017-02-01",
  "years_registered": 9,
  "period": "2026-10-01",
  "filing_date": "2026-03-31",
  "carried_forward": false,
  "raum_total": 408529503.0,
  "raum_discretionary": 408529503.0,
  "raum_non_discretionary": 0.0,
  "raum_band": "100m_500m",
  "raum_band_label": "$100 million to $500 million",
  "total_employees": 5,
  "advisory_employees": 3,
  "client_count_bucket": "fewer_than_5_in_some_types",
  "clients_by_type": {
    "other": {
      "raum": 162841278.0,
      "count": 2,
      "description": "ENDOWMENT",
      "fewer_than_5": true
    },
    "pooled_investment_vehicles": {
      "raum": 245688225.0,
      "count": 3
    }
  },
  "compensation_types": [
    "percentage_of_aum",
    "performance_based"
  ],
  "advisory_activities": [
    "other",
    "portfolio_management_businesses_institutional",
    "portfolio_management_pooled_vehicles"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [
    "NY"
  ],
  "websites": [
    "https://linkedin.com/COMPANY/WASSERSTEIN-DEBT-OPPORTUNITIES",
    "https://wasserco.com"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/286158",
  "city_as_filed": "NEW YORK",
  "url": "https://advisorcensus.com/firm/wasserstein-management-lp-new-york-ny-286158",
  "display_name": "Wasserstein Management, LP",
  "summary": "Wasserstein Management, LP is an SEC-registered investment advisory firm in New York, NY, registered since 2017, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated March 31, 2026.",
  "citation": "AdvisorCensus. Wasserstein Management, LP (CRD 286158): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management",
    "Performance-based fees"
  ],
  "advisory_activity_labels": [
    "Portfolio management for pooled investment vehicles (other than investment companies)",
    "Portfolio management for businesses (other than small businesses) or institutional clients",
    "Other"
  ],
  "quick_answers": [
    {
      "q": "How is Wasserstein Management, LP compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Wasserstein Management, LP reports these compensation arrangements: a percentage of assets under its management; performance-based fees."
    },
    {
      "q": "How much does Wasserstein Management, LP charge?",
      "a": "Its Form ADV Part 2A brochure dated March 30, 2026 states: Asset-based fee: 1% to 2% a year (a range, as the brochure states it). Fees can differ by service and may be negotiable; the brochure is the complete statement."
    },
    {
      "q": "Where is Wasserstein Management, LP located?",
      "a": "Wasserstein Management, LP's principal office is in New York, NY, according to its Form ADV."
    },
    {
      "q": "Is Wasserstein Management, LP registered with the SEC or a state?",
      "a": "Wasserstein Management, LP is an SEC-registered investment advisory firm, registered since 2017. Status as filed: Approved. CRD 286158."
    },
    {
      "q": "How much does Wasserstein Management, LP manage?",
      "a": "Wasserstein Management, LP reports $408,529,503 in regulatory assets under management in its Form ADV filing dated March 31, 2026 (100% discretionary)."
    },
    {
      "q": "How have Wasserstein Management, LP's assets and staff changed since 2021?",
      "a": "In the Form ADV data for Wasserstein Management, LP: Regulatory assets under management: $542,456,382 in the October 2021 data and $408,529,503 in the October 2026 data, down 25%. Total employees: 6 in October 2021 and 5 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does Wasserstein Management, LP serve?",
      "a": "By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (3); other (2)."
    },
    {
      "q": "Which custodians does Wasserstein Management, LP use?",
      "a": "Wasserstein Management, LP's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists American Stock Transfer & Trust Company, LLC, BNY Mellon Capital Markets, LLC and Northern Trust Securities, Inc. as custodians holding 10% or more of its separately managed account assets."
    },
    {
      "q": "Does Wasserstein Management, LP report any disciplinary disclosures?",
      "a": "Reports no disclosure items on Form ADV Item 11. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/286158"
    },
    {
      "q": "What changed in Wasserstein Management, LP's recent Form ADV filings?",
      "a": "In the April 2026 filing data: No longer lists the business name Wasserstein Debt Opportunities Genpar, LLC. Added the business name Wasserstein Management, LP. Changed its legal name from Wasserstein Debt Opportunities Management, LP to Wasserstein Management, LP. Regulatory assets under management went from $522,276,302 to $408,529,503 (-22%)."
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 542456382.0,
      "total_employees": 6,
      "filing_date": "2021-03-25"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 698031796.0,
      "total_employees": 6,
      "filing_date": "2022-03-30"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 639945270.0,
      "total_employees": 5,
      "filing_date": "2023-03-29"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 621770775.0,
      "total_employees": 5,
      "filing_date": "2024-03-28"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 522276302.0,
      "total_employees": 5,
      "filing_date": "2025-03-19"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 408529503.0,
      "total_employees": 5,
      "filing_date": "2026-03-31"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-04-01",
      "period_label": "April 2026",
      "notes": [
        "No longer lists the business name Wasserstein Debt Opportunities Genpar, LLC.",
        "Added the business name Wasserstein Management, LP.",
        "Changed its legal name from Wasserstein Debt Opportunities Management, LP to Wasserstein Management, LP.",
        "Regulatory assets under management went from $522,276,302 to $408,529,503 (-22%)."
      ]
    }
  ],
  "fees_from_brochure": {
    "source": "Form ADV Part 2A brochure dated March 30, 2026",
    "provided_by_the_firm": false,
    "tiers": [],
    "flat_rate": null,
    "stated_range": "1% to 2% a year",
    "stated_maximum": null,
    "account_minimum": null,
    "account_minimum_may_be_waived": false,
    "minimum_annual_fee": null,
    "planning_fees": [],
    "figures": [
      {
        "label": "Asset-based fee",
        "statements": [
          "Asset-based fee: 1% to 2% a year (a range, as the brochure states it)"
        ],
        "quotes": [
          "Client management fees vary by Client and/or investors in each Client and are generally calculated at an annual rate that ranges from 1.0% to 2.0% of the net asset value of each Client investor’s capital account balance."
        ]
      }
    ],
    "values": {
      "tiers": [],
      "range_pct": [
        1.0,
        2.0
      ],
      "max_pct": null,
      "account_minimum": null,
      "minimum_annual_fee": null,
      "planning": []
    },
    "quotes": [
      "Client management fees vary by Client and/or investors in each Client and are generally calculated at an annual rate that ranges from 1.0% to 2.0% of the net asset value of each Client investor’s capital account balance."
    ],
    "note": "As stated in the firm's brochure; fees can differ by service and may be negotiable."
  },
  "custodians": [
    {
      "name": "American Stock Transfer & Trust Company, LLC",
      "name_as_filed": "AMERICAN STOCK TRANSFER & TRUST COMPANY, LLC",
      "affiliated": false
    },
    {
      "name": "BNY Mellon Capital Markets, LLC",
      "name_as_filed": "BNY MELLON CAPITAL MARKETS, LLC",
      "affiliated": false
    },
    {
      "name": "Northern Trust Securities, Inc.",
      "name_as_filed": "NORTHERN TRUST SECURITIES, INC.",
      "affiliated": false
    }
  ],
  "custodians_note": "Custodians holding 10% or more of the firm's separately managed account assets, as filed on Form ADV (Schedule D, Section 5.K(3)). A custodian holds client assets; it does not endorse or supervise the firm. AdvisorCensus has no relationship with any custodian.",
  "markdown_url": "https://advisorcensus.com/firm/wasserstein-management-lp-new-york-ny-286158.md",
  "clients": [
    {
      "type": "pooled_investment_vehicles",
      "label": "Pooled investment vehicles (other than investment companies and business development companies)",
      "count": 3,
      "fewer_than_5": false,
      "raum": 245688225.0
    },
    {
      "type": "other",
      "label": "Other",
      "count": 2,
      "fewer_than_5": true,
      "raum": 162841278.0
    }
  ],
  "disclosure_line": "Reports no disclosure items on Form ADV Item 11.",
  "disclosure_items": [],
  "indexable": true,
  "suppressed": false,
  "claimed": false,
  "enhanced": false,
  "provided_by_the_firm": null,
  "source": {
    "name": "Form ADV",
    "as_of": "2026-10-01",
    "iapd_url": "https://adviserinfo.sec.gov/firm/summary/286158",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}