Francisco Partners Management, L.P. is a large advisory firm based in San Francisco. It manages $11.98 billion of regulatory assets for 19 client accounts. It has been registered with the SEC as an adviser since 2012 and has operated in the jurisdictions of California and New York.
Francisco Partners Management 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.
The assets under management (AUM) of Francisco Partners Management, L.P. is $11.98 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 135% since the beginning of its operation, and $10.25 billion of the total AUM is attributable to clients outside of the United States.
The advisory firm has several streams of revenue. Clients pay Francisco Partners Management, 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.
The only and largest group of clients of Francisco Partners Management is pooled investment vehicles with 19 clients and $11.98 billion of assets under management. Among the 7 most similar advisory firms, Francisco Partners Management has the 2nd highest percentage of pooled investment vehicles out of all clients.
The amount of regulatory assets under management is $11.98 billion for 19 clients. 53% of the firm’s clients are foreign persons or businesses.
Francisco Partners Management also advises several private funds. Namely, nineteen private equity funds. The minimum investment commitment required of non-related persons ranges from $5,000 to $500,000.
The company employs 80 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.
David Richard Golob has served as the Chief Investment Officer since 1 Mar 2015 and Dipanjan (Nmn) Deb is the Chief Executive Officer of Francisco Partners Management, L.P. family office. L.P Francisco Partners Holdings joined the executive team most recently as the Owner.
The principal office where Francisco Partners Management, L.P. performs its advisory services is located at One Letterman Drive, San Francisco, CA 94129, 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 415-418-2900 or by fax 415-418-2999. The normal business hours are 9:00 am - 5:00 pm on Monday - Friday. You can find more information about the New York firm at franciscopartners.com.