ADVANTAGE ADVISERS MULTI-MANAGER, L.L.C.

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Adviser Profile
As of Date 06/24/2024
Adviser Type - Large advisory firm
Number of Employees 18
of those in investment advisory functions 4
Registration SEC, Approved, 12/1/1999
AUM* 2,255,775,276 -25.60%
of that, discretionary 2,255,775,276 -25.60%
Private Fund GAV* 138,151,361 -18.13%
Avg Account Size 1,127,887,638 -25.60%
SMA’s No
Private Funds 1
Contact Info 212 xxxxxxx

Client Types

- Investment companies
- Pooled investment vehicles

Advisory Activities

- Portfolio management for investment companies
- Portfolio management for pooled investment vehicles

Compensation Arrangments

- A percentage of assets under your management
- Performance-based fees

Recent News

Reported AUM

Discretionary
Non-discretionary
6B 5B 4B 3B 3B 2B 848M
2015 2016 2017 2018 2019 2020 2021 2022 2023

Private Funds



Employees

Private Funds Structure

Fund Type Count GAV
Fund TypeHedge Fund Count1 GAV$138,151,361

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Brochure Summary

Overview

A. General Description of Advisory Firm Advantage Advisers Multi-Manager, LLC (“Multi-Manager”) was formed in September 1999. Multi- Manager provides investment advisory services to pooled investment vehicles. The managing member of Multi- Manager is Oppenheimer Asset Management Inc. (“OAM”), which is owned directly by E.A. Viner International Co., a subsidiary of Oppenheimer Holdings Inc., a publicly held company. Alkeon Capital Management, LLC (“Alkeon”) is a non-managing member of Multi-Manager. B. Description of Advisory Services Multi-Manager serves as investment adviser to collective investment vehicles (known individually as the “Fund” and collectively as the “Funds”) described below. Each Fund is governed by a Board of Directors/Managers (the “Board”), a majority of whose members are not affiliated with Multi-Manager or its affiliates. 1) Advantage Advisers Global Growth Ltd. (“Global Growth”): a fund incorporated in the Cayman Islands that invests its assets primarily
in equity securities of U.S. and non U.S. growth companies. Investment professionals of Alkeon, a registered investment adviser that is not affiliated with Multi-Manager or OAM, manage Global Growth’s portfolio on behalf of Multi-Manager. 2) Advantage Advisers Xanthus Fund, LLC (“Xanthus”): a fund organized in Delaware as a limited liability company that is registered under the 1940 Act as a closed end management investment company and operates as a diversified company. Alkeon provides sub-advisory services for Xanthus as well as certain administrative services. Multi-Manager does not offer customized services for individual clients. Multi-Manager’s clients are the Funds. Investors purchase units in the Funds and investments are made at the Fund level, not for individual investors in the Fund. As of December 31, 2023, Multi-Manager managed $[] of client assets on a discretionary basis. Multi- Manager did not manage any client assets on a non-discretionary basis.