ECHO STREET CAPITAL MANAGEMENT, LLC

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Adviser Profile

Registration status: Terminated

As of Date:

03/31/2024

Adviser Type:

- Large advisory firm


Number of Employees:

29

of those in investment advisory functions:

15

AUM:

12,164,585,033

of that, discretionary:

12,164,585,033

GAV:

0 -100.00%

Avg Account Size:

528,895,001


SMA’s:

YES

Private Funds:

0 12

Contact Info

212 xxxxxxx

Websites :
Client Types:

+

Advisory Activities:

+

Compensation Arrangments:

+

Reported AUM

Discretionary
Non-discretionary
18B 15B 13B 10B 8B 5B 3B
2015 2016 2017 2018 2019 2020 2021 2022 2023

Recent News

Greg poole echo street - FLEM by Corion
07/17/2023

Greg poole echo street Sep 11, 2020 · Echo Street Capital Management is giving back investor money in its $2 billion market-neutral hedge fund.

flem-corion.de

Tri Pointe Homes Inc.
04/01/2021

Stocks: Real-time U.S. stock quotes reflect trades reported through Nasdaq only; comprehensive quotes and volume reflect trading in all markets and are delayed at least 15 minutes. International ...

Barrons

AppFolio Inc.
03/31/2021

Stocks: Real-time U.S. stock quotes reflect trades reported through Nasdaq only; comprehensive quotes and volume reflect trading in all markets and are delayed at least 15 minutes. International ...

Barrons

JonesTrading expands outsourced trading desk with two buy-side traders
03/26/2021

Everett joins the outsourced division at JonesTrading from hedge fund Echo Street Capital where he has been an equity trader for the last seven years ...

thetradenews.com

Private Funds



Employees




Top Holdings

Stock Ticker Stock Name $ Position % Position $ Change # Change
000000000 0 $

Brochure Summary

Overview

Echo Street is a Delaware limited liability company. Echo Street was founded in 2002 and is an investment adviser with its principal place of business in New York, New York. Greg Poole is the Managing Member, Chief Investment Officer and principal owner. Echo Street provides investment advisory services on a fully discretionary basis to (i) certain long only funds, (ii) other investment funds pursuing a long only strategy combined with an opportunistic long/short investment strategy and (iii) investment funds pursuing a primarily long‐only equity investment strategy focused on growth companies, across public and private markets. Such funds are pooled investment vehicles formed as private funds. Echo Street also provides investment advisory services on a fully discretionary basis to certain separately managed accounts. In addition, Echo Street serves as a sub‐adviser to one or more funds registered as investment companies (“Registered Fund Clients”) with the SEC under the Investment Company Act of 1940, as amended (the “1940 Act”). Long only funds managed by Echo Street shall be referred to herein as “Long Only Clients.” Investment funds pursuing a long only strategy within a “Long Only Portfolio” combined with an opportunistic long/short investment strategy within an “Opportunistic Portfolio” shall be referred to herein as “Long/Short Clients.” Investment funds pursuing a primarily long‐only equity investment strategy focused on growth companies, across public and private markets shall be referred to herein as “Hybrid Clients.” Long Only Clients, Long/Short Clients and Hybrid Clients shall collectively be referred to herein as “Fund Clients.” Investors in our Long Only Clients are referred to as “Long Only Investors,” Investors in our Long/Short Clients are referred to as “Long/Short Investors” and investors in our Hybrid Clients are referred to as “Hybrid Investors” and together with the Long Only Investors and Long/Short Investors, “Investors”.
Separately managed accounts managed by Echo Street are referred to as “Managed Account Clients.” References to “clients” may include Long Only Clients, Long/Short Clients, Hybrid Clients, Managed Account Clients and/or Registered Fund Clients. Echo Street does not tailor its advisory services to the particular needs of Investors. Since Echo Street does not provide individualized advice to Investors, each Investor should consider whether the Fund Clients meet their investment objectives and risk tolerance prior to investing. Fund Clients’ investment portfolios are managed in accordance with their respective offering memoranda and governing documents. Information about Fund Clients, including any initial and additional subscription minimums imposed on Investors, is set forth in their respective offering documents. Echo Street currently provides advice to Managed Account Clients based on specific investment objectives and strategies. Under certain circumstances, the Adviser may agree to tailor advisory services to the individual needs of Managed Account Clients and Managed Account Clients may impose restrictions on investing in certain securities or types of securities. The minimum investment for a separately managed account is approximately $200,000,000; however this amount has been lower and may be waived in the future at the discretion of Echo Street. The relationship between Echo Street and a Registered Fund Client is governed by a sub‐advisory agreement approved by the Registered Fund Client’s Board of Trustees as required by Section 15 of the 1940 Act. See Item 8 for a description of the investment strategies utilized by the clients. Echo Street does not currently participate in any wrap fee programs. As of December 31, 2022, Echo Street had approximately $12,164,585,033 in regulatory assets under management, all of which were managed on a discretionary basis. Echo Street does not manage assets on a non‐discretionary basis.