Caspian Private Equity, LLC (New York)

Caspian Private Equity, LLC is a large advisory firm based in New York. It manages $3.94 billion of regulatory assets for 15 client accounts. It has been registered with the SEC as an adviser since 2011.

Caspian Private Equity 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.

Caspian Private Equity: assets under management

The assets under management (AUM) of Caspian Private Equity, LLC is $3.94 billion. The firm's AUM has grown by 506% since the beginning of its operation, and $19.44 million of the total AUM is attributable to clients outside of the United States.

The firm manages $869.83 million in discretionary accounts and $3.07 billion in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $217.46 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $278.86 million.

Caspian Private Equity has custody of $3.22 billion in cash and securities for 16 clients in total but doesn’t act as a qualified custodian.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Caspian Private Equity, LLC 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 Jean Raby serves?

The only and largest group of clients of Jean Raby is pooled investment vehicles with 17 clients and $3.94 billion of assets under management. Among the 10 most similar advisory firms, Caspian Private Equity has the highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $3.94 billion for 17 clients. 6% of the firm’s clients are foreign persons or businesses.

Caspian Private Equity also advises several private funds. Namely, thirteen private equity funds. The minimum investment commitment required of non-related persons ranges from $200,000 to $1,000,000.

Careers at Caspian Private Equity, LLC

The company employs 15 people that are either part- or full-time employees. 67 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 receive compensation from other entities for client referrals.

Jean Raby has been acting as President since 1 Jan 2018. Nader Motamedy joined the executive team most recently as the Vice Chairman.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Nader Motamedy	Chairman and chief executive officer	1 Mar 2008	Other	1452279
Satyan Malhotra	President, chief financial officer and chief compliance officer	1 Mar 2008	Other	4687850
Jack L. Malick	Director of compliance	1 Mar 2008	Other	3098141
L.P. Natixis Global Asset Management	Member	1 Mar 2008	50% - 75%	04-3398261
Natixis Investment Managers	Member	1 Mar 2008	50% - 75%	04-3398261
Nitin Gupta	Manager	1 Mar 2008	Other	2504496
Natixis Investment Managers Lp	Member	1 Mar 2008	50% - 75%	04-3398261
Natixis Private Equity	Member	1 Mar 2008	25% - 50%	needed
Duncan Borger Ellerton Wilkinson	Manager	1 Mar 2008	Other	4693961
David Francis Lafferty	Manager	1 Mar 2008	Other	2229753
Llc Caspian Holdings	Member	1 Mar 2008	Other	12-3456789
Jean Louis Delvaux	Manager	1 Mar 2008	Other	5576475
Natixis Sa	Member	1 Mar 2008	25% - 50%	foreign entity
Ludovic Prevost	Member	1 Feb 2009	Other	5772674
Dominique Sabassier	Manager	1 Sep 2010	Other	5906168
Llc Caspian Management Holdings	Member	1 Jan 2012	25% - 50%	123456
Beverly M Bearden	Manager	1 Aug 2012	Other	4473184
Beverly Mills Bearden	Manager	1 Aug 2012	Other	4473184
Benoit Jacquin	Manager	1 Apr 2013	Other	6895220
Jeffrey Dunbar Plunkett	Manager	1 May 2014	Other	4376929
David Lawrence Giunta	Manager	1 May 2017	Other	2290469
Nader Motamedy	Vice chairman	1 Jan 2018	Other	1452279
Jean Raby	Chairman	1 Jan 2018	Other	3012405
Eric Deram	Manager	1 Jan 2018	Other	6895252

Indirect Owners

The SEC currently registers 14 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Inc. Natixis Us Holdings	Member	1 Oct 2000	75% - 100%	13-4146043
Natixis Global Asset Managment Llc	General partner	1 Oct 2000	Other	13-4146162
Llc Natixis Investment Managers	General partner	1 Oct 2000	Other	13-4146162
Ngam Corp	Member	1 Oct 2000	75% - 100%	13-4146043
Natixis Global Asset Management	Shareholder	1 Aug 2004	75% - 100%	foreign entitiy
Natixis Global Asset Management (Ngam)	Shareholder	1 Aug 2004	75% - 100%	foreign entity
Lp Natixis Global Asset Management	Shareholder	1 Aug 2004	25% - 50%	foreign entity
Natixis Global Asset Managment Participations 1	Shareholder	1 Jun 2005	75% - 100%	foreign
Investment Managers Participations 1	Shareholder	1 Jun 2005	75% - 100%	foreign
Natixis	Shareholder	1 Nov 2006	75% - 100%	foreign entity
Natixis Participations 1	Shareholder	1 Jun 2007	75% - 100%	foreign entity
Natixis Private Eqyity	Shareholder	1 Mar 2008	25% - 50%	foreign entity
Bpce	Shareholder	1 Jul 2009	50% - 75%	foreign entity
Natixis	Shareholder	1 Sep 2011	75% - 100%	foreign entity

Based in New York

The principal office where Caspian Private Equity, LLC performs its advisory services is located at 745 Fifth Avenue, 28 Th Floor, New York, NY 10151, 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 212-703-0300 or by fax 212-703-0310. The normal business hours are 9 a.m. - 5 p.m. on Monday - Friday.