Ra Capital Management, LLC (Boston)

Name: Ra Capital Management, LLC
Address: 200 Berkeley Street, Boston, MA, 02116
Telephone: 617-778-2500

Ra Capital Management, LLC is a large advisory firm based in Boston. It manages $3.33 billion of regulatory assets for 5 client accounts. It has been registered with the SEC as an adviser since 2006 and has operated in the jurisdiction of Massachusetts.

Ra Capital Management provides portfolio management for pooled investment vehicles and portfolio management for businesses and institutional clients. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Ra Capital Management: assets under management

The assets under management (AUM) of Ra Capital Management, LLC is $3.33 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 6081% since the beginning of its operation, and $730.44 million of the total AUM is attributable to clients outside of the United States.

The firm manages $3.33 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $666.69 million each.

Ra Capital Management has custody of $2.86 billion in cash and securities for 4 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in exchange traded securities the most. They account for 57% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 20% of the firm’s portfolio. Investments in non-exchange traded securities form 17% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Ra Capital Management, 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 Ra Capital Management serves?

The only and largest group of clients of Ra Capital Management is pooled investment vehicles with 4 clients and $2.86 billion of assets under management. Among the 9 most similar advisory firms, Ra Capital Management has the 4th lowest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $2.86 billion for 4 clients. 40% of the firm’s clients are foreign persons or businesses.

Ra Capital Management also advises several private funds. Namely, one hedge fund and one venture capital fund. The minimum investment commitment required of non-related persons ranges from $2,000,000 to $10,000,000.

Careers at Ra Capital Management, LLC

The company employs 70 people that are either part- or full-time employees. 41 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
Richard H. Aldrich	Managing director	1 Sep 2004	50% - 75%	5066454
Peter Kolchinsky	Chief compliance officer	1 Jan 2006	50% - 75%	5066461
Peter (Nmn) Kolchinsky	Managing member, portfolio manager	1 Jul 2006	50% - 75%	5066461
Richard H. Aldrich	Class c member	1 Aug 2011	Other	5066454
Richard H. (Mi Only) Aldrich	Class c member	1 Aug 2011	Other	5066454
Rajeev Mahesh Shah	Class b member, portfolio manager	1 Jan 2012	Other	6315434
Amanda Lynn Daniels	Chief operating officer	1 Feb 2012	Other	6027095
Derek Michael Meisner	General counsel, chief compliance officer	1 Jan 2015	Other	6027942
Christopher James Wolf	Chief financial officer	1 Jun 2015	Other	6024806
Kai Cheong Wu	Chief financial officer	1 May 2016	Other	5656007
Nicholas Myles Mcgrath	General counsel, chief compliance officer	1 May 2016	Other	6649923
Kai C Wu	Chief financial officer	1 May 2016	Other	5656007
Pieter James Alexander Boelhouwer	Managing director of strategy and operations	1 Dec 2017	Other	5922014
Natasha Maria Kassian	General counsel, chief compliance officer	1 Mar 2018	Other	3266798
Christopher James Caliri	Chief information officer	1 Dec 2018	Other	7087638

Based in Boston

The principal office where Ra Capital Management, LLC performs its advisory services is located at 200 Berkeley Street, Boston, MA 02116, 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 617-778-2500 or by fax 617-778-2510. The normal business hours are 9:00am - 5:00pm on Monday - Friday. You can find more information about the New York firm at racap.com.