Maverick Capital Ltd (Dallas)


Maverick Capital Ltd is a large advisory firm based in Dallas. It manages $13.49 billion of regulatory assets for 22 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdiction of Texas.

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

Maverick Capital: assets under management

The assets under management (AUM) of Maverick Capital Ltd is $13.49 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 102% since the beginning of its operation, and $9.93 billion of the total AUM is attributable to clients outside of the United States.

The firm manages $13.49 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $613.39 million each.
Maverick Capital has custody of $12.53 billion in cash and securities for 18 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in exchange traded securities the most. They account for 74% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 13% of the firm’s portfolio. Investments in derivatives form 13% of the total invested assets.

Fees & Commissions

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

The only and largest group of clients of Maverick Capital is pooled investment vehicles with 20 clients and $13.04 billion of assets under management. Among the 9 most similar advisory firms, Maverick Capital has the 2nd highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $13.04 billion for 20 clients. 59% of the firm’s clients are foreign persons or businesses.

Maverick Capital also advises several private funds. Namely, seventeen hedge funds and one other private fund. The minimum investment commitment required of non-related persons ranges from $0 to $5,000,000.

Careers at Maverick Capital Ltd

The company employs 135 people that are either part- or full-time employees. 32 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
Sharyl M Robertson Chief financial officer 1 Mar 1993 Other 4515975
Evan Acton Wyly Managing partner 1 Mar 1993 Other 2143390
Evan Wyly Managing partner 1 May 1993 Other 2143390
Lee Ainslie Managing partner 1 Aug 1993 Other 2676363
Llc Maverick Capital Management General partner 1 Jan 1997 Other 75-2686461
L.L.C. Maverick Capital General General partner 1 Jan 1997 Other 75-2686461
Ltd. Highland Fund Limited partner 1 Jan 1997 Other 75-2722609
L.L.C. Maverick Capital Managment General partner 1 Jan 1997 Other 75-2686461
Ltd. Marmalade Limited partner 1 Jun 1998 Other 75-2768315
Ltd. Cohasset Limited partner 1 Dec 1998 25% - 50% 75-2796104
Wrangler Trust Limited partner 1 Jun 2000 Other 75-6581213
Linda Cole Essary Senior compliance officer 1 Jun 2000 Other 4516009
John T Mccafferty General counsel 1 Jan 2002 Other 4515980
Anne K Hill Assistant general counsel and compliance officer 1 Nov 2002 Other 4612097
John T Mccafferty General counsel and chief compliance officer 1 Sep 2004 Other 4515980
William Keith Hennington Chief financial officer 1 Jan 2007 Other 5316767
William Rice Goodell Chief operating officer 1 Sep 2008 Other 4413057
Andrew H. Warford Managing partner 1 Jan 2013 25% - 50% 6179664
David Scott Brosgol General counsel 1 Jan 2017 Other 5785689
Anne K Hill Chief compliance officer 1 Jan 2017 Other 4612097
Adam Russell Stauffer Chief operating officer 1 May 2017 Other 2403067
Trevor S Wiessmann Interim chief compliance officer 1 Jun 2017 Other 5636108
John T Mccafferty General counsel 1 Jul 2017 Other 4515980
Trevor S Wiessmann General counsel 1 Mar 2018 Other 5636108
Mark Gurevich Chief compliance officer 1 Mar 2018 Other 5945444

Indirect Owners

The SEC currently registers 10 indirect owners.

Name Entity Date acquired Ownership Employer ID
Lee Ainslie Manager and member 1 Jan 1997 75% - 100% 2676363
Evan Acton Wyly Manager 1 Jan 1997 Other 2143390
Evan Acton Wyly General partner and limited partner 1 Jun 1998 50% - 75% 2143390
Barbara Aileen Wyly General partner 1 Jun 1998 25% - 50% 4363040
The Evan And Barbara Wyly Children's Trust Limited partner 1 Jun 1998 25% - 50% 75-6526025
Lee Ainslie Limited partner and general partner 1 Dec 1998 25% - 50% 2676363
Elizabeth Mckenna Ainslie Limited partner and general partner 1 Dec 1998 25% - 50% 4362955
Llc Cohasset Management Company General partner 1 Dec 1998 Other 75-2835665
Evan Acton Wyly Trustee 1 Jun 2000 Other 4362922
Lisa Lyn Wyly Trustee 1 Jun 2000 Other 4363016

Based in Dallas

The principal office where Maverick Capital Ltd performs its advisory services is located at 1900 N. Pearl Street, Dallas, TX 75201, 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 214-880-4000 or by fax 214-880-4042. The normal business hours are 8:00 a.m. - 5:00 p.m. on Monday - Friday. You can find more information about the New York firm at maverickcapital.com.