Tprv Capital, LP (Boston)

Name: Tprv Capital, LP
Address: One Exeter Place, 699 Boylston Street, Boston, MA, 02116
Telephone: 617-702-7500

Tprv Capital, LP is a large advisory firm based in Boston. It manages $13.76 billion of regulatory assets for 2 client accounts. It has been registered with the SEC as an adviser since 2017 and has operated in the jurisdiction of Massachusetts.

Tprv 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.

Tprv Capital: assets under management

The assets under management (AUM) of Tprv Capital, LP is $13.76 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 3156% since the beginning of its operation, and $13.56 billion of the total AUM is attributable to clients outside of the United States.

The firm manages $13.76 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $6.88 billion each.

Tprv Capital has custody of $780.67 million in cash and securities for 2 clients in total but doesn’t act as a qualified custodian.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Tprv Capital, LP for their services and products based on a percentage of assets under management and performance-based fees. The adviser charges an additional fee when a set benchmark is outperformed. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Tprv Capital serves?

The only and largest group of clients of Tprv Capital is pooled investment vehicles with 2 clients and $13.76 billion of assets under management. Among the 6 most similar advisory firms, Tprv Capital has the highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $13.76 billion for 2 clients. 50% of the firm’s clients are foreign persons or businesses.

Tprv Capital also advises several private funds. Namely, one hedge fund. The minimum investment commitment required of non-related persons is $5,000,000 for each fund.

Careers at Tprv Capital, LP

The company employs 20 people that are either part- or full-time employees. 55 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
Luca Toscani	Chief operating officer	1 Jan 2017	Other	4282943
Llc Tprv Capital	General partner	1 Jan 2017	Other	81-4934383
Graig Alan Fantuzzi	Limited partner; co-cio	1 Jan 2017	25% - 50%	2930394
Michele Toscani	Limited partner; co-cio	1 Jan 2017	25% - 50%	2848635
Christopher George Shakal	Chief financial officer	1 Mar 2017	Other	2321384
Jeffrey Michael Garnett	Chief risk officer	1 May 2017	Other	6864849
Jeffrey Grant Garnett	Chief risk officer	1 May 2017	Other	2331326
Lp Tprv Holdings	Limited partner	1 Dec 2017	25% - 50%	83-1596417
Sarah Lowman Filion	Chief compliance officer, general counsel	1 Mar 2018	Other	5930465
Martha Alice Mensoian	General counsel / chief compliance officer	1 May 2019	Other	5868192

Indirect Owners

The SEC currently registers 1 indirect owner.

Name	Entity	Date acquired	Ownership	Employer ID
Llc Tprv Capital	General partner	1 Dec 2017	Other	81-4934383

Based in Boston

The principal office where Tprv Capital, LP performs its advisory services is located at One Exeter Place, 699 Boylston Street, Boston, MA 02116, 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 617-702-7500 or by fax 617-702-7539. The normal business hours are 9 a.m.-5 p.m. on Monday - Friday. You can find more information about the New York firm at tprvcapital.com/.