Menu burger Close thin Facebook Twitter Google plus Linked in Reddit Email arrow-right-sm arrow-right
Tap on the profile icon to edit
your financial details.

Glenview Capital Management Review

Your Details Done
by Updated

This review was produced by SmartAsset based on publicly available information. The named firm and its financial professionals have not reviewed, approved, or endorsed this review and are not responsible for its accuracy. Review content is produced by SmartAsset independently of any business relationships that might exist between SmartAsset and the named firm and its financial professionals, and firms and financial professionals having business relationships with SmartAsset receive no special treatment or consideration in SmartAsset’s reviews. This page contains links to SmartAsset’s financial advisor matching tool, which may or may not match you with the firm mentioned in this review or its financial professionals.

Glenview Capital Management, LLC is a large hedge fund with billions in assets under management (AUM). The New York-based firm has several on-staff financial advisors to handle the funds under its control.

Glenview only works with funds and institutional clients. If you’re an individual looking to work with a local financial advisor, SmartAsset’s advisor matching tool can help you find appropriate options who serve your area. 

Glenview Capital Management Background

Larry Robbins, Glenview Capital Management’s CEO, founded the firm in 2000. Robbins is a well-known hedge fund manager who has spent more than 30 years in the finance and investment industries. Robbins is also the principal owner of Glenview, and is responsible for all investment, management and operations decisions.

Glenview Capital Management Types of Clients and Minimum Account Sizes

Glenview Capital Management is a hedge fund, so rather than work with clients in the traditional sense, it manages private investment funds that investors can buy into. According to its Form ADV, the firm has nine funds under its control.

Although Glenview doesn’t directly manage their assets, a wide range of investors may invest in their funds. These include high-net-worth individuals, pension plans, charitable foundations, endowments, fund-of-funds, sovereign wealth funds, family offices, investment companies and trusts.

The minimum account sizes at Glenview Capital Management vary from fund to fund. Here’s a general overview:

  • Glenview Funds: $1,000,000
  • Opportunity Funds: $5,000,000
  • GCM Healthcare Funds: $10,000,000

GCM Investment Partners, LP is a private investment fund open solely to principals, partners and employees of Glenview, as well as a select few other individuals. For this, the minimum investment is $10,000.

Services Offered by Glenview Capital Management

Glenview Capital Management is purely centered around the investment needs of the funds that it manages. To do this, the firm creates specific investment strategies tailored to induce the returns that that particular fund is looking for. These strategies are monitored on a regular basis, as the firm is open to changing its approach based on shifting market characteristics or other conditions.

Glenview Capital Management Investment Philosophy

On a general level, Glenview Capital Management looks for three main factors in any company it considers investing in:

  • It has fundamental characteristics that are both known and knowable
  • Its value compounds annually at a rate within the mid-teens or higher
  • Its equities are at an attractive price in comparison to earnings, cash flow and overall growth and company quality

As you might expect, each of Glenview’s funds utilize a distinct investment strategy.

  • The Glenview Funds are centered around equity and fixed-income investments that are chosen through a bottom-up, fundamental research process.
  • The Opportunity Funds utilize a purely opportunistic approach in order to find shorter-term deals on the market. There is very little restriction within this strategy.
  • The GCM Healthcare Funds employ a long/short strategy focused on investments in issuers operating in oradjacent to the healthcare industry

Fees Under Glenview Capital Management

Despite its somewhat complex nature, the fee schedule at Glenview Capital Management is fairly straightforward. Fees are based on a percentage of each fund’s AUM, and while the table below shows annual fee rates, the firm charges them each quarter. Investors in the funds, on the other hand, must pay through a direct withdrawal on a monthly basis.

Glenview Capital Management Fund Fees
Fund(s) Annual Fee Rates
Glenview Funds Up to 2.00%
Opportunity Funds Up to 2.00%
GCM Healthcare Funds Up to 1.50%

What to Watch Out For

Glenview Capital Management is a hedge fund, so it does not have financial planning services like retirement planning, estate planning or tax planning. If you’re interested in these services, or if you're looking for an advisor to manage your investment portfolio, stop by our financial advisor matching tool to find advisors serving your area.

According to its latest SEC filing, Glenview Capital Management’s legal and regulatory record is clean, as its Form ADV is devoid of all disclosures.

Opening an Account With Glenview Capital Management

To find out more about Glenview Capital Management, call the firm at (212) 812-4700. Glenview does not have a website, so this is the only way to reach the firm.

All information is accurate as of the writing of this article.

Tips for Your Investment Portfolio

  • Finding a qualified financial advisor doesn’t have to be hard. SmartAsset’s free tool matches you with up to three financial advisors who serve your area, and you can interview your advisor matches at no cost to decide which one is right for you. If you’re ready to find an advisor who can help you achieve your financial goals, get started now.
  • One of the most important things to remember about investing is that you’ll need to pay taxes on your returns. If you're unsure what your tax bill will look like, try SmartAsset’s capital gains tax calculator.

How Long $1mm Lasts in Retirement

SmartAsset's interactive map highlights places where $1 million will last the longest in retirement. Zoom between states and the national map to see the top spots in each region. Also, scroll over any city to learn about the cost of living in retirement for that location.

Rank City Housing Expenses Food Expenses Healthcare Expenses Utilities Expenses Transportation Expenses

Methodology We analyzed data on average expenditures for seniors, cost of living and investment returns to determine how many years of retirement a $1 million nest egg would cover in cities across America.

First, we looked at data from the Bureau of Labor Statistics (BLS) on the average annual expenditures of seniors. We then applied cost of living data from the Council for Community and Economic Research to adjust those national average spending levels based on the costs of each expense category (housing, food, healthcare, utilities, transportation and other) in each city. Using this data, SmartAsset calculated the average cost of living for retirees in the largest U.S. cities.

We assumed the $1 million would grow at a real return (interest minus inflation) of 2%. Then, we divided $1 million by the sum of each of those annual numbers to determine how long $1 million would cover retirement expenses in each of the cities in our study. Cities where $1 million lasted the longest ranked the highest in the study.

Sources: Bureau of Labor Statistics (BLS), Council for Community and Economic Research