Towerbrook Capital Partners L.P. (New York)
Towerbrook Capital Partners L.P. is a large advisory firm based in New York. It manages $12.45 billion of regulatory assets for 27 client accounts. It has been registered with the SEC as an adviser since 2012.
Towerbrook Capital Partners provides portfolio management for pooled investment vehicles. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.
Towerbrook Capital Partners: assets under management
The assets under management (AUM) of Towerbrook Capital Partners L.P. is $12.45 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 176% since the beginning of its operation, and $12.43 billion of the total AUM is attributable to clients outside of the United States.
Fees & Commissions
The advisory firm has several streams of revenue. Clients pay Towerbrook Capital Partners L.P. for their services and products based on a percentage of assets under management and performance-based fees. The adviser charges an additional fee when a set benchmark is outperformed. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.
What kind of clients Towerbrook Capital Partners serves?
The only and largest group of clients of Towerbrook Capital Partners is pooled investment vehicles with 27 clients and $12.45 billion of assets under management. Among the 6 most similar advisory firms, Towerbrook Capital Partners has the highest percentage of pooled investment vehicles out of all clients.
The amount of regulatory assets under management is $12.45 billion for 27 clients. 93% of the firm’s clients are foreign persons or businesses.
Towerbrook Capital Partners also advises several private funds. Namely, nine other private funds and eighteen private equity funds. The minimum investment commitment required of non-related persons ranges from $0 to $26,292,500.
Careers at Towerbrook Capital Partners L.P.
The company employs 97 people that are either part- or full-time employees. 53 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.
There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.
Direct owners and executive officers
Indirect Owners
The SEC currently registers 3 indirect owners.Based in New York
The principal office where Towerbrook Capital Partners L.P. performs its advisory services is located at Park Avenue Tower, New York, NY 10022 3362, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 212-699-2200 or by fax 917-591-9851. The normal business hours are 8 am - 6 pm on Monday - Friday. You can find more information about the New York firm at towerbrook.com.
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