Corporate Structure

Entity Relationship Diagram

Ownership & Control Hierarchy
Individual
Bleich, Michael Edward
Born 1970. Resident of Manhattan, NYC
FINRA Permanent Bar — Case C3A990066
Control Vehicle
EntryPoint Partners, LP
Limited Partnership — Subject retains control as GP
Registered Investment Adviser (RIA)
EntryPoint Capital, LLC
150 East 52nd Street, New York, NY 10022
RAUM: $578,038,700
Fund Series
Third Moment Fund Series
Quantitative hedge fund structure
GAV: $578,038,700
Individual
Control Vehicle
Operating Entity (RIA)
Fund
Related / Under Investigation

Fund Management

Third Moment Fund Series

Attribute Detail
Fund Name Third Moment Fund Series
Structure Quantitative hedge fund
Gross Asset Value $578,038,700
Manager EntryPoint Capital, LLC
Regulatory Status Registered Investment Adviser (RIA) — SEC-regulated
Strategy Systematic / quantitative approach to equity markets
Control Person Bleich, Michael (via EntryPoint Partners, LP)
Why the RIA Structure Matters

EntryPoint Capital operates as a Registered Investment Adviser, regulated by the SEC under the Investment Advisers Act of 1940. This is a distinct regulatory regime from the broker-dealer framework overseen by FINRA.

The FINRA permanent bar issued to Bleich, Michael prohibits association with any FINRA member firm (i.e., broker-dealers). However, RIAs are not FINRA member firms. This structural distinction is the mechanism by which the subject operates in capital markets — managing $578 million — despite a lifetime industry bar.

Whether this constitutes legitimate regulatory compliance or a form of regulatory arbitrage is an open question in this investigation.


Corporate Location

Office Address

EntryPoint Capital, LLC 150 East 52nd Street, New York, NY 10022

Real Estate Holdings

Primary Residence

Property records identify 13 Harrison Street, Unit 1 (Tribeca, Manhattan) as the subject's primary residence and core real estate holding.

Estimated Value
$5.6M
Mortgage
$2.88M
LTV Ratio
~51%
13 Harrison Street, Unit 1 Tribeca, Manhattan, NYC
Mortgage Note

The property is encumbered by a $2.88M mortgage, reflecting a loan-to-value ratio of approximately 51%. The subject's spouse, Alexis K.G., is identified as a co-obligor on the mortgage.