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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
Private Fund GAV* 0 -100.00%
Avg Account Size 528,895,001
SMA’s Yes
Private Funds 0 12
Contact Info 212 xxxxxxx
Websites

Client Types

- Investment companies
- Pooled investment vehicles
- Pension and profit sharing plans
- Charitable organizations
- State or municipal government entities
- Sovereign wealth funds and foreign official institutions
- Other

Advisory Activities

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

Compensation Arrangments

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

Recent News

Reported AUM

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

Private Funds



Employees

Top Holdings

Stock Ticker Stock Name $ Position % Position $ Change # Change
Stck Ticker000000000 Stock Name0 $ Position$ % Position $ Change # Change

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.