Federal Way Asset Management LP (Seattle)


Federal Way Asset Management LP is a large advisory firm based in Seattle. It manages $5.2 billion of regulatory assets for 7 client accounts. It has been registered with the SEC as an adviser since 2012 and has operated in the jurisdictions of Illinois and Washington.

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Federal Way Asset Management provides portfolio management for pooled investment vehicles, portfolio management for businesses and institutional clients, pension consulting services, selection of other advisers, and per mandate (e.g. administrative services, tax support services, etc.). It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Federal Way Asset Management: assets under management

The assets under management (AUM) of Federal Way Asset Management LP is $5.2 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 19% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.


The firm manages $5.2 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $742.39 million each.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Federal Way Asset Management LP for their services and products based on a percentage of assets under management. 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.

Careers at Federal Way Asset Management LP

Salim Abdul Hirji Shariff has served as the Chief Investment Officer since 1 Mar 2012. Bukoba Ltd. joined the executive team most recently as the Limited Partner.

Direct owners and executive officers



Name Entity Date acquired Ownership Employer ID
Federal Way Asset Management Gp Llc ("Famgp") General partner 1 May 2011 Other 45-4486638
Lg Federal Way Lp ("Lgamlp") Limited partner 1 May 2011 50% - 75% 26-1515517
Federal Way Asset Management Gp Llc ("Fwamgp") General partner 1 May 2011 Other 45-4486638
Aptitude Investment Management Gp Llc General partner 1 May 2011 Other 45-4486638
Lg Asset Management Lp ("Lgamlp") Limited partner 1 May 2011 50% - 75% 26-1515517
Salim Abdul Hirji Shariff Chief investment officer 1 Mar 2012 Other 4602799
Linda Ann Colwell General counsel and chief compliance officer 1 Mar 2012 Other 3092904
Todd Gordon Keeney Chief financial officer and chief operating officer 1 Mar 2012 Other 4937755
Jeffrey Benjamin Klein Chief executive officer and deputy chief investment officer 1 Mar 2012 Other 4937227
Robberg Investment Llp ("Robberg") Limited partner 1 Jun 2012 Other foreign - none
Bukoba Ltd. Limited partner 1 Dec 2012 Other 46-1607095

Indirect Owners

The SEC currently registers 14 indirect owners.

Name Entity Date acquired Ownership Employer ID
Lindsay Goldberg & Bessemer Ii Aiv Lp ("Lg Aiv") Limited partner / member 1 May 2011 50% - 75% 20-8866882
Lindsay Goldberg & Bessemer Iia Nnaiv Lp ("Lg Nnaiv") Limited partner / member 1 May 2011 25% - 50% 20-8867476
Lindsay Goldberg & Bessemer Gp Ii Llc General partner 1 May 2011 Other 20-5182337
Bessemer Lgb Inc ("Blgb") Limited partner 1 May 2011 50% - 75% 74-3121363
Bessemer Securities Llc Stockholder 1 May 2011 75% - 100% 13-3926991
Lg Federal Way Gp Llc General partner 1 Jan 2012 Other 45-4486886
Lg Federal Way Cooperatief U.A. ("Coop") Limited partner / member 1 Jan 2012 75% - 100% 98-1036900
Lg Asset Management Lp Member 1 Jan 2012 75% - 100% 90-0784758
Lg Asset Management Gp Llc General partner 1 Jan 2012 Other 45-4487480
Lg Asset Management Gp Llc ("Lgamllc") General partner 1 Jan 2012 Other 45-4486886
Lg Federal Way Lp ("Lg Fw") Member 1 Jan 2012 75% - 100% 90-0784758
Lg Federal Way Gp Llc ("Lg Fw Gp") General partner 1 Jan 2012 Other 45-4487480
Jeffrey Benjamin Klein Limited partner 1 Jun 2012 75% - 100% 4937227
Salim Abdul Hirji Shariff Limited partner 1 Dec 2012 75% - 100% 4602799

Based in Seattle

The principal office where Federal Way Asset Management LP performs its advisory services is located at Fourth And Madison, 925 Fourth Avenue, Seattle, WA 98104, which is also the mailing address of the firm. An additional office of the firm is in Federal Way, WA. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 206-788-8800 or by fax 206-788-8801. The normal business hours are 8:00 to 5:00 on Monday - Friday. You can find more information about the New York firm at fwamlp.com.