Akkr Fund Ii Management Company, LP (Menlo Park)

Name: Akkr Fund Ii Management Company, LP
Address: 2500 Sand Hill Road, Suite 300, Menlo Park, CA, 94025
Telephone: 650-289-2460

Akkr Fund Ii Management Company, LP is a large advisory firm based in Menlo Park. It manages $5.2 billion of regulatory assets for 19 client accounts. It has been registered with the SEC as an adviser since 2012 and has operated in the jurisdictions of California and Georgia.

Akkr Fund Ii Management Company 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.

Akkr Fund Ii Management Company: assets under management

The assets under management (AUM) of Akkr Fund Ii Management Company, LP is $5.2 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 212% since the beginning of its operation, and $25.42 million of the total AUM is attributable to clients outside of the United States.

The firm manages $5.2 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $273.64 million each.

Akkr Fund Ii Management Company has custody of $24.95 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 Akkr Fund Ii Management Company, 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 Akkr Fund Ii Management Company serves?

The only and largest group of clients of Akkr Fund Ii Management Company is pooled investment vehicles with 19 clients and $5.2 billion of assets under management. Among the 12 most similar advisory firms, Akkr Fund Ii Management Company has the 5th highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $5.2 billion for 19 clients. None of the firm’s clients are foreign persons or businesses.

Akkr Fund Ii Management Company also advises several private funds. Namely, nineteen private equity funds. The minimum investment commitment required of non-related persons ranges from $5,000 to $5,000,000.

Careers at Akkr Fund Ii Management Company, LP

The company employs 51 people that are either part- or full-time employees. 78 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
Thomas Christopher Barnds	Managing director	1 May 2000	25% - 50%	2085053
Benjamin Adrian Bisconti	Senior advisor	1 Jan 2003	25% - 50%	2085075
Robert Anthony Palumbo	Managing director	1 Nov 2004	25% - 50%	2078734
Llc Akkr Management Company	General partner	1 Apr 2006	Other	20-4836219
Patrick Joseph Fallon	Chief compliance officer	1 Sep 2011	Other	1418807
Clara Yee	Senior vice president of finance	1 Jan 2016	Other	6898663
Accel Kkr Holdings Lp	Limited partner	1 Apr 2017	Other	81-5202381

Indirect Owners

The SEC currently registers 2 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Thomas Christopher Barnds	Managing member	1 Apr 2017	25% - 50%	2085053
Robert Anthony Palumbo	Managing member	1 Apr 2017	25% - 50%	2078734

Based in Menlo Park

The principal office where Akkr Fund Ii Management Company, LP performs its advisory services is located at 2500 Sand Hill Road, Suite 300, Menlo Park, CA 94025, which is also the mailing address of the firm. An additional office of the firm is in Atlanta, GA. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 650-289-2460 or by fax 650-289-2461. The normal business hours are 9:00am to 5:00pm on Monday - Friday. You can find more information about the New York firm at accel-kkr.com.