Charlesbank Capital Partners, LLC (Boston)
Charlesbank Capital Partners, LLC is a large advisory firm based in Boston. It manages $5.39 billion of regulatory assets for 21 client accounts. It has been registered with the SEC as an adviser since 2012 and has operated in the jurisdictions of Massachusetts and New York.
Charlesbank 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.
Charlesbank Capital Partners: assets under management
The assets under management (AUM) of Charlesbank Capital Partners, LLC is $5.39 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 96% since the beginning of its operation, and $121.98 million 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 Charlesbank Capital Partners, LLC 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 Charlesbank Capital Partners serves?
The only and largest group of clients of Charlesbank Capital Partners is pooled investment vehicles with 21 clients and $5.39 billion of assets under management. Among the 9 most similar advisory firms, Charlesbank Capital Partners has the 4th highest percentage of pooled investment vehicles out of all clients.
The amount of regulatory assets under management is $5.39 billion for 21 clients. 14% of the firm’s clients are foreign persons or businesses.
Charlesbank Capital Partners also advises several private funds. Namely, two other private funds and nineteen private equity funds. The minimum investment commitment required of non-related persons ranges from $1,000 to $5,000,000.
Careers at Charlesbank Capital Partners, LLC
The company employs 66 people that are either part- or full-time employees. 52 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 2 indirect owners.Based in Boston
The principal office where Charlesbank Capital Partners, LLC performs its advisory services is located at 200 Clarendon Street, Boston, MA 02116 5073, which is also the mailing address of the firm. An additional office of the firm is in New York, NY. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 617-619-5400 or by fax 617-619-5404. The normal business hours are 8:00 a.m. - 6:00 p.m. on Monday - Friday. You can find more information about the New York firm at charlesbank.com.
Registered investment advisers similar to Charlesbank Capital Partners, LLC
- Oneamerica Investment Advisory Services
- Plante & Moran Financial Advisors Ltd Partnership
- Wexford Capital
- Sears Investment Management
- Indus Capital Partners
- Duke Management Company
- Franklin Templeton Investment Trust Management Co.
- Ifp Advisors
- Peak6 Advisors
- Greenhaven Associates
- J.C. Flowers &
- Highclere International Investors
- Enhanced Investment Technologies
- Abs Investment Management
- Atalaya Capital Management