Raine Capital LLC (New York)

Name: Raine Capital LLC
Address: 65 East 55 Th Street, New York, NY, 10022
Telephone: 212-603-5500

Raine Capital LLC is a large advisory firm based in New York. It manages $3.39 billion of regulatory assets for 35 client accounts. It has been registered with the SEC as an adviser since 2012 and has operated in the jurisdictions of California and New York.

Raine Capital 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.

Raine Capital: assets under management

The assets under management (AUM) of Raine Capital LLC is $3.39 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 641% since the beginning of its operation, and $442.7 million of the total AUM is attributable to clients outside of the United States.

The firm manages $3.39 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $96.75 million each.

Investments

The firm invests in non-exchange traded securities the most. They account for 100% of the total AUM.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Raine Capital 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 Raine Capital serves?

The only and largest group of clients of Raine Capital is pooled investment vehicles with 35 clients and $3.38 billion of assets under management. Among the 13 most similar advisory firms, Raine Capital has the 2nd highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $3.38 billion for 35 clients. 31% of the firm’s clients are foreign persons or businesses.

Raine Capital also advises several private funds. Namely, two hedge funds and twenty eight private equity funds. The minimum investment commitment required of non-related persons ranges from $0 to $25,000,000.

Careers at Raine Capital LLC

The company employs 125 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
The Raine Group Llc	Managing member	1 Aug 2009	75% - 100%	80-0406013
Joseph Ravitch	Partner, director	1 Aug 2009	Other	2504532
Jeffrey Alan Sine	Partner, director	1 Aug 2009	Other	1557736
Brandon Wade Gardner	Partner, president, chief operating officer, director	1 Aug 2009	Other	5767814
Peter Petrov Vassilev	General counsel, vice president and chief compliance officer	1 Oct 2010	Other	5812610
Angela Renee Risher	Chief compliance officer	1 Sep 2016	Other	6676957

Indirect Owners

The SEC currently registers 1 indirect owner.

Name	Entity	Date acquired	Ownership	Employer ID
Raine Holdings Llc	Managing member	1 Aug 2009	75% - 100%	80-0405983

Based in New York

The principal office where Raine Capital LLC performs its advisory services is located at 65 East 55 Th Street, New York, NY 10022, 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 212-603-5500 or by fax 212-603-5501. 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 raine.com.