Dorchester Private Equity Management, LLC (Los Angeles)

Name: Dorchester Private Equity Management, LLC
Address: 11111 Santa Monica Blvd, Los Angeles, CA, 90025
Telephone: 310-402-5090

Dorchester Private Equity Management, LLC is a large advisory firm based in Los Angeles. It manages $834.8 million of regulatory assets for 15 client accounts. It has been registered with the SEC as an adviser since 2012 and has operated in the jurisdiction of California.

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

Dorchester Private Equity Management: assets under management

The assets under management (AUM) of Dorchester Private Equity Management, LLC is $834.8 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 81% since the beginning of its operation, and $550 million of the total AUM is attributable to clients outside of the United States.

The firm manages $834.8 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $55.65 million each.

Dorchester Private Equity Management has custody of $834.8 million in cash and securities for 15 clients in total but doesn’t act as a qualified custodian.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Dorchester Private Equity 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 Dorchester Private Equity Management serves?

The only and largest group of clients of Dorchester Private Equity Management is pooled investment vehicles with 15 clients and $834.8 million of assets under management. Among the 6 most similar advisory firms, Dorchester Private Equity Management has the 2nd highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $834.8 million for 15 clients. 33% of the firm’s clients are foreign persons or businesses.

Dorchester Private Equity Management also advises several private funds. Namely, four hedge funds and eleven private equity funds. The minimum investment commitment required of non-related persons ranges from $0 to $10,000,000.

Careers at Dorchester Private Equity Management, LLC

The company employs 14 people that are either part- or full-time employees. 71 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
Mark Steven Zucker	Member	1 Oct 2001	25% - 50%	1184871
Michael Halpern	Member	1 Oct 2001	25% - 50%	2437022
Craig Taylor Carlson	Chief compliance officer	1 Feb 2004	Other	3035478
David Manderson Mann	Chief operating officer	1 Apr 2005	Other	2510039
Bryan Joseph Scordamaglia	Director of research/member	1 Jan 2014	Other	3222952
Stefanie Keuler	Co-chief operating officer	1 Oct 2014	Other	6463685

Based in Los Angeles

The principal office where Dorchester Private Equity Management, LLC performs its advisory services is located at 11111 Santa Monica Blvd, Los Angeles, CA 90025, 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 310-402-5090 or by fax 310-402-5091. The normal business hours are 6am - 4pm on Monday - Friday. You can find more information about the New York firm at dorchestercapital.com.