Pccp, LLC (Los Angeles)

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

Pccp: assets under management

The assets under management (AUM) of Pccp, LLC is $6.26 billion. The firm's AUM has grown by 224% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $4.73 billion in discretionary accounts and $1.53 billion in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $676.3 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $382.65 million.

Pccp has custody of $2.84 billion in cash and securities for 11 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in other assets the most. They account for 100% of the total AUM.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Pccp, 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 Pccp serves?

The firm provides services to pooled investment vehicles and banking or thrift institutions. The largest group of clients of Pccp is pooled investment vehicles with 10 clients and $5.76 billion of assets under management. Among the 10 most similar advisory firms, Pccp has the 5th highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $6.26 billion for 11 clients. None of the firm’s clients are foreign persons or businesses.

Pccp also advises several private funds. Namely, three real estate funds. The minimum investment commitment required of non-related persons ranges from $10,000,000 to $25,000,000.

Careers at Pccp, LLC

The company employs 98 people that are either part- or full-time employees. 46 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

Indirect Owners

The SEC currently registers 13 indirect owners.

Based in Los Angeles

The principal office where Pccp, LLC performs its advisory services is located at 10100 Santa Monica Blvd, Los Angeles, CA 90067, which is also the mailing address of the firm. An additional office of the firm is in San Francisco, CA. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 310-414-7870 or by fax 310-414-7872. The normal business hours are 8:30am - 5:30pm on Monday - Friday. You can find more information about the New York firm at pccpllc.com and its LinkedIn profile.

Registered investment advisers similar to Pccp, LLC

• Signature Estate & Investment Advisors
• Harbert Fund Advisors
• Aberdeen Asset Management Limited
• Davy Asset Management Limited
• Avenue Capital Management Ii
• Wolverine Asset Management
• Diversified Global Asset Management Corporation
• Blackrock Private Equity Partners Ag
• Srs Investment Management
• River And Mercantile Asset Management
• Independence Fixed Income
• Russell Institutional Services
• Progress Investment Management Company
• The Campbell Group
• Osterweis Capital Management