Stone Harbor Investment Partners LP (New York)

Name: Stone Harbor Investment Partners LP
Address: 31 West 52 Nd Street, New York, NY, 10019
Telephone: 212.548.1022

Stone Harbor Investment Partners LP is a large advisory firm based in New York. It manages $26.47 billion of regulatory assets for 143 client accounts. It has been registered with the SEC as an adviser since 2006 and has operated in the jurisdiction of Texas.

Stone Harbor Investment Partners provides portfolio management for investment companies, 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.

Stone Harbor Investment Partners: assets under management

The assets under management (AUM) of Stone Harbor Investment Partners LP is $26.47 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 211% since the beginning of its operation, and $15.89 billion of the total AUM is attributable to clients outside of the United States.

The firm manages $26.47 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $185.07 million each.

Stone Harbor Investment Partners has custody of $105.3 million in cash and securities for 1 client in total but doesn’t act as a qualified custodian.

Investments

The firm invests in sovereign bonds the most. They account for 48% of the total AUM. The second-largest asset type is non-investment grade corporate bonds, which make up 15% of the firm’s portfolio. Investments in pooled investment vehicles form 12% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Stone Harbor Investment Partners LP for their services and products based on a percentage of assets under management and performance-based fees. The adviser charges an additional fee when a set benchmark is outperformed. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Stone Harbor Investment Partners serves?

The firm provides services to investment companies, charitable organizations, pooled investment vehicles, pension and profit sharing plans, and state or municipal government entities. The largest group of clients of Stone Harbor Investment Partners is pooled investment vehicles with 42 clients and $8.34 billion of assets under management. Among the 9 most similar advisory firms, Stone Harbor Investment Partners has the 3rd lowest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $25.39 billion for 132 clients. 50% of the firm’s clients are foreign persons or businesses.

Stone Harbor Investment Partners also advises several private funds. Namely, eight other private funds. The minimum investment commitment required of non-related persons is $5,000,000 for each fund.

Careers at Stone Harbor Investment Partners LP

The company employs 129 people that are either part- or full-time employees. 38 percent of the employees work as investment advisers or researchers. 7 employees are registered as investment adviser representatives with the state securities authorities.

There are 4 people 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.

Darren Phillip Recupero joined the executive team most recently as the Chief Financial Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Stone Harbor Investment Partners Gp Llc	General partner	1 Dec 2005	Other	20-4273684
Adam J Shapiro	General counsel	1 Dec 2005	Other	4047045
Jeffrey Stuart Scott	Chief compliance officer	1 Apr 2006	Other	4346423
James J Dooley	Chief financial officer	1 Apr 2006	Other	4882985
Thomas Wise Brock	Chief executive officer	1 Apr 2006	Other	803274
Ship Capital Partners Lp	Limited partner	1 Jun 2006	75% - 100%	20-4831893
Darren Phillip Recupero	Chief financial officer	1 Sep 2013	Other	2147771

Indirect Owners

The SEC currently registers 2 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Peter John Wilby	Member	1 Dec 2005	75% - 100%	2243217
Stone Harbor Investment Partners Gp Llc	General partner (1% ownership)	1 Jun 2006	Other	20-4273684

Based in New York

The principal office where Stone Harbor Investment Partners LP performs its advisory services is located at 31 West 52 Nd Street, New York, NY 10019, which is also the mailing address of the firm. An additional office of the firm is in Chicago, IL. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 212.548.1022 or by fax 866.302.6524. The normal business hours are 8am-6pm on Monday - Friday. You can find more information about the New York firm at shiplp.com.