Jasper Ridge Partners, L.P. (Fort Worth)

Name: Jasper Ridge Partners, L.P.
Address: 201 Main Street, Fort Worth, TX, 76102
Telephone: 817-333-0027

Jasper Ridge Partners, L.P. is a large advisory firm based in Fort Worth. It manages $20 billion of regulatory assets for 40 client accounts. It has been registered with the SEC as an adviser since 2013 and has operated in the jurisdictions of California and Texas.

Jasper Ridge Partners provides financial planning services, portfolio management for pooled investment vehicles, portfolio management for businesses and institutional clients, selection of other advisers, and portfolio management for private investment vehicles. It prepares financial plans for less than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

Jasper Ridge Partners: assets under management

The assets under management (AUM) of Jasper Ridge Partners, L.P. is $20 billion. The firm's AUM has grown by 91% since the beginning of its operation, and $3.54 billion of the total AUM is attributable to clients outside of the United States.

The firm manages $19.29 billion in discretionary accounts and $713.6 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $551.09 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $142.72 million.

Jasper Ridge Partners has custody of $19.29 billion in cash and securities for 35 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in pooled investment vehicles the most. They account for 62% of the total AUM. The second-largest asset type is non-exchange traded securities, which make up 14% of the firm’s portfolio. Investments in investment and business development companies form 13% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Jasper Ridge Partners, L.P. for their services and products based on a percentage of assets under management, fixed fees, 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 Jasper Ridge Partners serves?

The firm provides services to high net worth individuals and pooled investment vehicles. The largest group of clients of Jasper Ridge Partners is pooled investment vehicles with 6 clients and $4.56 billion of assets under management. Among the 12 most similar advisory firms, Jasper Ridge Partners has the 6th highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $5.27 billion for 11 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 15% of the firm’s clients are foreign persons or businesses.

Jasper Ridge Partners also advises several private funds. Namely, nine other private funds. The minimum investment commitment required of non-related persons ranges from $0 to $10,000,000.

Careers at Jasper Ridge Partners, L.P.

The company employs 82 people that are either part- or full-time employees. 34 percent of the employees work as investment advisers or researchers. 7 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
James Newton Alexander	Managing partner	1 Jul 2005	Other	2479627
Richard Joseph Hayes	Managing partner	1 Jul 2005	Other	5360092
Mark Alan Wolfson	Managing partner	1 Jul 2005	Other	5017226
John Howard Fant	Chief legal officer	1 Jul 2005	Other	5360102
Jack Muhlbeier	Chief financial officer	1 Sep 2006	Other	5360117
Linda Mary Assante	Partner	1 Mar 2008	Other	2631959
George Dyer Phipps	Chief operating officer	1 Apr 2008	Other	5677480
Adan Doroteo Araujo	Chief compliance officer	1 Jan 2011	Other	2971831
David Scott Bizer	Managing partner	1 Feb 2011	Other	2387915
Jeremy Michael Wolfe	Partner	1 Jan 2012	Other	2935382
Cori Kimberley Duncan	Managing partner	1 Jan 2013	Other	5742215
Linda Mary Assante	Managing partner	1 Jan 2015	Other	2631959
Owen Glenn Dehoff	Partner	1 Jan 2015	Other	4700380
Cayman Seacrest	Partner	1 Jan 2015	Other	6459543
Jeremy Michael Wolfe	Managing partner	1 Jan 2016	Other	2935382
Rajesh Swaminathan	Chief legal officer	1 Jan 2017	Other	5905993
James Newton Alexander	Partner emeritus	1 Jan 2018	Other	2479627
Cayman Seacrest	Managing partner	1 Jan 2018	Other	6459543
Veena Isaac	Partner	1 Jan 2018	Other	4242458

Indirect Owners

The SEC currently registers 4 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Llc Jasper Ridge Genpar	General partner	1 Jul 2005	Other	26-2917747
L.P. Jrp Manager Holdings	Member	1 Jun 2008	75% - 100%	26-2117747
L.P. Jrp Manager Professionals	General partner	1 Jun 2008	Other	26-2917494
Llc Jrp Manager Mgp	General partner	1 Jun 2008	Other	26-2917169

Based in Fort Worth

The principal office where Jasper Ridge Partners, L.P. performs its advisory services is located at 201 Main Street, Fort Worth, TX 76102, which is also the mailing address of the firm. An additional office of the firm is in Menlo Park, CA. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 817-333-0027 or by fax 817-887-5019. The normal business hours are 8:00am-5:00pm on Monday - Friday. You can find more information about the New York firm at jasperridge.com and its LinkedIn profile.