Clients
Polar Asset Management Partners serves 19 clients. The average client has about $1.99 billion with the firm.
- Pooled investment vehicles19 clients100%
- Pension and profit-sharing plans0%
Show client breakdownHide client breakdown
| Client type | Clients | Regulatory AUM | Share | Avg. per client |
|---|---|---|---|---|
| Pooled investment vehicles | 19 | $37,763,172,196 | 99.7% | $1.99B |
| Pension and profit-sharing plans | Not reported | $96,046,301 | 0.3% | — |
| Total | 19 | $37,859,218,497 | 100% | $1.99B |
- Clients
- 19
- Regulatory AUM
- $37,763,172,196
- Share
- 99.7%
- Avg. per client
- $1.99B
- Clients
- Not reported
- Regulatory AUM
- $96,046,301
- Share
- 0.3%
- Avg. per client
- —
Total
- Clients
- 19
- Regulatory AUM
- $37,859,218,497
- Share
- 100%
- Avg. per client
- $1.99B
What it does
Polar Asset Management Partners provides portfolio management for pooled vehicles and portfolio management for institutions. It is paid through a percentage of assets and performance-based fees.
Polar Asset Management Partners advises 4 private funds.
100.0% of assets ($37.86B across 20 accounts) are managed with discretion. 90% of clients are outside the U.S., and 0 clients received advice without assets under management last fiscal year.
What the accounts hold
- Cash100%
Custodians
Polar Asset Management Partners’ client accounts are held mainly at UBS Securities, with 0% of managed assets, and Societe Generale Capital Canada, with 0%. Polar Asset Management Partners has custody of $37.72B for 8 clients.
- OtherSociete Generale Capital Canada, UBS Securities, All other custodians100%
Ownership and leadership
Polar Financial Corporation owns 75% or more of Polar Asset Management Partners, and Richard Lemaich is its CEO.
- Owns 75% or more of Polar Asset Management Partners Inc.
Polar Financial Corporation
Control person · since March 1997
- Owns 25% to 50% of Polar Financial Corporation
Polar Capital Corporation
Control person · since July 2020
- Owns 25% to 50% of Polar Capital Corporation
Flying Walrus Investments Inc.
Control person · since March 1997
- Owns 75% or more of Flying Walrus Investments Inc.
John Sabourin
Control person · since March 1997
- Owns 25% to 50% of Polar Capital Corporation
Palsab Holdings Inc.
Control person · since September 1998
- Owns 75% or more of Palsab Holdings Inc.
Thomas Sabourin (2020) Family Trust
Control person · since March 2020
Thomas Sabourin
Trustee · Control person · since March 2020
Jane Sabourin
Trustee · Control person · since March 2020
- Owns 25% to 50% of Polar Financial Corporation
Greenspond Investments
Control person · since April 2025
- Owns 75% or more of Greenspond Investments
William Peckford
Control person · since May 2024
Leadership
- Richard LemaichChief Executive Officer, President, Director
- Richard PumaChief Operating Officer, Chief Financial Officer, Director
- Andrew MaChief Compliance Officer
- John SabourinChairman, Chief Investment Officer, Director
- Elisabeth SummersGeneral Counsel
Staff
- 164 employees
- 66 in advisory functions
Reported holdings
Polar Asset Management Partners’ reported 13F holdings total $6.07B across 838 positions, and the ten largest make up 20.9% of it.
- $6.07B
- Reported 13F value
- 838
- Positions
- 20.9%
- In the 10 largest
- +21.3%
- Value vs. prior quarter
- Live Nation Entertainment IN · Note 3.125% 1/14.2%
- Interdigital Inc. · Note 3.500% 6/03.4%
- Core Scientific Inc. New · *w Exp 01/23/2022.4%
- Microsoft Corp.2.1%
- Echostar Corp. · Note 3.875%11/31.8%
- Granite Constr Inc. · Note 3.750% 5/11.8%
- Toronto Dominion BK Ont1.3%
- Sun Life Financial Inc..1.3%
- Manulife Finl Corp.1.3%
- State Str SPDR S&P 500 ETF T · TR Unit1.3%
Together, the ten largest are 20.9% of reported value.
A 13F covers only exchange-traded long positions the firm holds with discretion, so this $6.07B is not its $37.86B in regulatory assets and does not represent any individual client's portfolio.
Fees
Polar Asset Management Partners is paid through a percentage of assets under management and performance-based fees.
Polar Asset Management Partners’ fee rates are not included in this profile. Find its brochure on the SEC’s site.
Offices and registrations
Besides its headquarters, Polar Asset Management Partners has 6 offices (3 private residences, listed without an address), with 2 listed addresses in 1 state.
New York · 1 listed address
- 41 Madison Avenue, New York
Choose a state to see its listed addresses.
Registration details
- Legal name
- Polar Asset Management Partners Inc.
- Headquarters
- 16 York Street, Suite 2900, Toronto, Canada M5J 0E6
- Phone
- 416-367-4364
- Website
- Not reported
- SEC file
- 801-120867
- Structure
- corporation organized in Canada
- Fiscal year end
- March
This directory does not report disciplinary history, for any firm or individual, in either direction. The SEC publishes the complete record, including any disciplinary events, and it is the authoritative place to check one. See this firm's record on adviserinfo.sec.gov
Common questions
How many clients does Polar Asset Management Partners have?
Polar Asset Management Partners has 19 clients and manages $37.9 billion for them, as of June 2026.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 29 June 2026
What services does Polar Asset Management Partners offer?
Polar Asset Management Partners provides portfolio management for pooled vehicles and portfolio management for institutions.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
Which custodians does Polar Asset Management Partners use?
Polar Asset Management Partners’ separately managed account assets are held at UBS Securities LLC (Nashville, TN), with $93,776,336 and Societe Generale Capital Canada Inc. (Toronto, Ontario), with $2,269,965. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 29 June 2026
How many financial advisors does Polar Asset Management Partners have?
Polar Asset Management Partners has 0 investment adviser representatives registered with state securities authorities, out of 164 employees, and 66 perform investment advisory functions. None are registered representatives of a broker-dealer or licensed insurance agents.
Source: Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file
What does Polar Asset Management Partners invest in?
At the end of its last fiscal year, Polar Asset Management Partners’ separately managed accounts held 100% cash and equivalents. It advises 4 private funds.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Polar Asset Management Partners?
Polar Asset Management Partners is owned through a chain of holding companies by John Sabourin and William Peckford. Its direct owner is Polar Financial Corporation (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 29 June 2026
How does Polar Asset Management Partners get paid?
Polar Asset Management Partners is paid through a percentage of assets under management and performance-based fees. Its Form ADV lists no commissions among how it is paid.
Source: Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file