Reverence Capital Partners, L.P. (New York)

Name: Reverence Capital Partners, L.P.
Address: 10 East 53 Rd Street, New York, NY, 10022
Telephone: 212-804-8025

Reverence Capital Partners, L.P. is a large advisory firm based in New York. It manages $1.33 billion of regulatory assets for 15 client accounts. It has been registered with the SEC as an adviser since 2014.

Reverence Capital 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.

Reverence Capital Partners: assets under management

The assets under management (AUM) of Reverence Capital Partners, L.P. is $1.33 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 1495% since the beginning of its operation, and $544.8 million of the total AUM is attributable to clients outside of the United States.

The firm manages $1.33 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $88.74 million each.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Reverence Capital Partners, L.P. 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 Reverence Capital Partners serves?

The only and largest group of clients of Reverence Capital Partners is pooled investment vehicles with 15 clients and $1.33 billion of assets under management. Among the 10 most similar advisory firms, Reverence Capital Partners has the 2nd highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $1.33 billion for 15 clients. 41% of the firm’s clients are foreign persons or businesses.

Reverence Capital Partners also advises several private funds. Namely, fifteen private equity funds. The minimum investment commitment required of non-related persons ranges from $10,000 to $50,000.

Careers at Reverence Capital Partners, L.P.

The company employs 14 people that are either part- or full-time employees. 100 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
Milton Ralph Berlinski	Limited partner and managing partner	1 Jul 2013	50% - 75%	1710939
Alexander A Chulack	Limited partner and partner	1 Jul 2013	Other	2769226
Peter Christopher Aberg	Limited partner, partner and cco	1 Jul 2013	Other	1199594
Reverence Capital Partners Llc	General partner	1 Apr 2014	Other	46-3417156
Rachael Mae Dugan	General counsel and chief compliance officer	1 Jun 2019	Other	5484920

Indirect Owners

The SEC currently registers 1 indirect owner.

Name	Entity	Date acquired	Ownership	Employer ID
Milton Ralph Berlinski	Managing member	1 Jun 2013	75% - 100%	1710939

Based in New York

The principal office where Reverence Capital Partners, L.P. performs its advisory services is located at 10 East 53 Rd Street, New York, NY 10022, 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 212-804-8025 or by fax 646-619-4307. The normal business hours are 8:30am-6:00pm on Monday - Friday. You can find more information about the New York firm at reverencecapital.com.