Blue Harbour Group, L.P. is a large advisory firm based in Greenwich. It manages $2.27 billion of regulatory assets for 15 client accounts. It has been registered with the SEC as an adviser since 2010 and has operated in the jurisdiction of Connecticut.
Blue Harbour Group 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.
The assets under management (AUM) of Blue Harbour Group, L.P. is $2.27 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 171% since the beginning of its operation, and $1.06 billion of the total AUM is attributable to clients outside of the United States.
The advisory firm has several streams of revenue. Clients pay Blue Harbour Group, 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 firm provides services to pooled investment vehicles and state or municipal government entities. The largest group of clients of Blue Harbour Group is pooled investment vehicles with 13 clients and $1.74 billion of assets under management. Among the 10 most similar advisory firms, Blue Harbour Group has the 4th lowest percentage of pooled investment vehicles out of all clients.
The amount of regulatory assets under management is $2.27 billion for 15 clients. 67% of the firm’s clients are foreign persons or businesses.
Blue Harbour Group also advises several private funds. Namely, three hedge funds. The minimum investment commitment required of non-related persons ranges from $0 to $5,000,000.
The company employs 24 people that are either part- or full-time employees. 42 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.
The principal office where Blue Harbour Group, L.P. performs its advisory services is located at 646 Steamboat Road, Greenwich, CT 06830, 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 203-422-6540 or by fax 203-422-6543. The normal business hours are 9am-6pm on Monday - Friday. You can find more information about the New York firm at blueharbourgroup.com.