Midocean Us Advisor, L.P. (New York)

Name: Midocean Us Advisor, L.P.
Address: 320 Park Avenue, New York, NY, 10022 6924
Telephone: 212-497-1400

Midocean Us Advisor, L.P. is a large advisory firm based in New York. It manages $2.49 billion of regulatory assets for 11 client accounts. It has been registered with the SEC as an adviser since 2009 and has operated in the jurisdiction of New York.

Midocean Us Advisor 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.

Midocean Us Advisor: assets under management

The assets under management (AUM) of Midocean Us Advisor, L.P. is $2.49 billion. The firm's AUM has grown by 535% since the beginning of its operation, and $498.83 million of the total AUM is attributable to clients outside of the United States.

The firm manages $2.37 billion in discretionary accounts and $114.09 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $296.46 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $38.03 million.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Midocean Us Advisor, L.P. for their services and products based on a percentage of assets under management and performance-based fees. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Midocean Us Advisor serves?

The only and largest group of clients of Midocean Us Advisor is pooled investment vehicles with 11 clients and $2.49 billion of assets under management. Among the 8 most similar advisory firms, Midocean Us Advisor has the 2nd highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $2.49 billion for 11 clients. 25% of the firm’s clients are foreign persons or businesses.

Midocean Us Advisor also advises several private funds. Namely, ten private equity funds. The minimum investment commitment required of non-related persons ranges from $500,000 to $10,000,000.

Careers at Midocean Us Advisor, L.P.

The company employs 30 people that are either part- or full-time employees. 63 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

Name	Entity	Date acquired	Ownership	Employer ID
Llc Midocean Us Advisor Holdings	General partner	1 Jan 2003	Other	disregarded entity
James Edward Virtue	Ceo/ limited partner	1 Jan 2003	50% - 75%	1236163
Graham Clempson	Limited partner	1 Jan 2003	25% - 50%	4630137
Deborah Hodges	Chief compliance officer	1 Feb 2003	Other	4632412
Andrew Lawrence Spring	Chief financial officer	1 Feb 2003	Other	4743071

Indirect Owners

The SEC currently registers 1 indirect owner.

Name	Entity	Date acquired	Ownership	Employer ID
Ultramar Capital Ltd	Owner	1 Jan 2003	75% - 100%	98-0390464

Based in New York

The principal office where Midocean Us Advisor, L.P. performs its advisory services is located at 320 Park Avenue, New York, NY 10022 6924, 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 212-497-1400 or by fax 212-497-1373. The normal business hours are 9:00 am to 5:00 pm on Monday - Friday. You can find more information about the New York firm at midoceanpartners.com.