Fenway Partners, LLC (New York)

Name: Fenway Partners, LLC
Address: 1251 Avenue Of The Americas, 19 Th Floor, New York, NY, 10020
Telephone: 212-698-9400

Fenway Partners, LLC is a large advisory firm based in New York. It manages $701 million of regulatory assets for 4 client accounts. It has been registered with the SEC as an adviser since 2012.

Fenway Partners 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.

Fenway Partners: assets under management

The assets under management (AUM) of Fenway Partners, LLC is $701 million, all of which is managed in discretionary accounts. The firm's AUM has gone down by -7% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $701 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $175.25 million each.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Fenway Partners, LLC for their services and products based on a percentage of assets under management. 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 Fenway Partners serves?

The only and largest group of clients of Fenway Partners is pooled investment vehicles with 4 clients and $701 million of assets under management. Among the 9 most similar advisory firms, Fenway Partners has the 2nd highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $701 million for 4 clients. None of the firm’s clients are foreign persons or businesses.

Fenway Partners also advises several private funds. Namely, three private equity funds. The minimum investment commitment required of non-related persons ranges from $0 to $5,000,000.

Careers at Fenway Partners, LLC

The company employs 5 people that are either part- or full-time employees. 60 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
Peter Lamm	Managing director of fenway partners, llc	1 Jan 2008	50% - 75%	6025678
William Gregory Smart	Managing director of fenway partners, llc	1 Jan 2008	25% - 50%	1574748
Richard Dresdale	Managing director of fenway partners, llc	1 Jan 2008	Other	6025690
Walter John Wiacek	Vice president, chief financial officer, chief compliance officer of fenway partners, llc and fenway htm sponsorco, llc	1 Jan 2008	Other	6025692
Peter David Lamm	Managing director, member	1 Jan 2008	50% - 75%	6025678
Richard Conrad Dresdale	Managing director, member	1 Jan 2008	Other	6025690
Timothy Peter Mayhew	Managing director	1 Jan 2008	25% - 50%	2164054
Peter Lamm	Managing director of fenway htm sponsorco, llc	1 Dec 2013	25% - 50%	6025678
William Gregory Smart	Managing director of fenway htm sponsorco, llc	1 Dec 2013	25% - 50%	1574748
Richard Dresdale	Managing director of fenway htm sponsorco, llc	1 Dec 2013	25% - 50%	6025690

Based in New York

The principal office where Fenway Partners, LLC performs its advisory services is located at 1251 Avenue Of The Americas, 19 Th Floor, New York, NY 10020, 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 212-698-9400 or by fax 212-581-1205. The normal business hours are 9:00 a.m. - 5:30 p.m. on Monday - Friday. You can find more information about the New York firm at fenwaypartners.com.