Causeway Capital Management LLC (Los Angeles)

Name: Causeway Capital Management LLC
Address: 11111 Santa Monica Boulevard, Los Angeles, CA, 90025
Telephone: 310-231-6100

Causeway Capital Management LLC is a large advisory firm based in Los Angeles. It manages $48.68 billion of regulatory assets for 130 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Alabama, Alaska, Arizona, and 49 other states.

Causeway Capital Management provides portfolio management for investment companies, 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.

Causeway Capital Management: assets under management

The assets under management (AUM) of Causeway Capital Management LLC is $48.68 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 3794% since the beginning of its operation, and $14.04 billion of the total AUM is attributable to clients outside of the United States.

The firm manages $48.68 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $374.43 million each.

Causeway Capital Management has custody of $1.78 billion in cash and securities for 6 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in exchange traded securities the most. They account for 97% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 2% of the firm’s portfolio. Investments in investment and business development companies form 1% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Causeway Capital Management LLC 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 Causeway Capital Management serves?

The firm provides services to investment companies, charitable organizations, pooled investment vehicles, pension and profit sharing plans, state or municipal government entities, and sovereign wealth funds and foreign official institutions. The largest group of clients of Causeway Capital Management is investment companies with 23 clients and $20.2 billion of assets under management. Among the 11 most similar advisory firms, Causeway Capital Management has the 2nd highest percentage of investment companies out of all clients.

The amount of regulatory assets under management is $48.14 billion for 123 clients. 23% of the firm’s clients are foreign persons or businesses.

Causeway Capital Management also advises several private funds. Namely, seven other private funds. The minimum investment commitment required of non-related persons ranges from $1,000,000 to $50,000,000.

Careers at Causeway Capital Management LLC

The company employs 83 people that are either part- or full-time employees. 41 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 compensates employees in addition to the salary for bringing in new clients. Employees receive compensation from other entities for client referrals.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Gracie Varras Fermelia	Chief operating officer; elected manager	1 May 2001	Other	3106378
Harry William Hartford	President; portfolio manager; elected manager	1 Jun 2001	Other	2858994
Sarah Hotchkis Ketterer	Chief executive officer; portfolio manager; elected manager	1 Jun 2001	Other	1960825
Turner (Nmn) Swan	General counsel	1 Jul 2001	Other	3106396
Turner Swan	General counsel	1 Jul 2001	Other	3106396
Evercore Investments L.L.C.	Member	1 Jan 2002	Other	134109668
Harry And Valerie Hartford Living Trust	Member	1 Jan 2002	25% - 50%	xxx-xx-xxxx
Robert Lee Burch	Elected manager	1 Feb 2002	Other	35322
Austin Michael Beutner	Elected manager	1 Feb 2002	Other	1964601
Kathleen Grady Reiland	Elected manager	1 Mar 2004	Other	2615726
Daniel Brian Heyman	Chief compliance officer	1 May 2004	Other	4808440
Sarah H. Ketterer Living Trust	Member	1 Oct 2005	25% - 50%	xxx-xx-xxxx
David And Gracie Fermelia Living Trust U/D/T 2/12/10	Member	1 May 2010	Other	xxx-xx-xxxx
L.P. Arranmore	Non-voting member	1 Aug 2010	25% - 50%	27-2963582
Harry Hartford 2011 Revocable Trust	Member	1 Dec 2011	25% - 50%	xxx-xx-xxxx
Keith Frederick Hartstein	Elected manager	1 May 2013	Other	1440050
Dawn Michelle Vroegop	Elected manager	1 Nov 2013	Other	3106346
Ketterer Holdings Lp	Member	1 Feb 2014	25% - 50%	xxx-xx-xxxx
Kurt Decko	Chief compliance officer	1 Jan 2015	Other	6453370
Causeway Capital Holdings Llc	Member	1 Sep 2015	75% - 100%	47-4936180

Indirect Owners

The SEC currently registers 13 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Harry William Hartford	Trustee (01/2002); general partner (08/2010); limited partner (08/2010)	1 Jan 2002	Other	2858994
Valerie Hartford	Trustee (01/2002); limited partner (08/2010)	1 Jan 2002	Other	5649264
Sarah Hotchkis Ketterer	Trustee	1 Oct 2005	Other	1960825
Gracie Varras Fermelia	Trustee	1 May 2010	Other	3106378
Harry William Hartford	Trustee (12/2011); general partner (08/2010); limited partner (08/2010)	1 Aug 2010	Other	2858994
Valerie Hartford	Limited partner (08/2010)	1 Aug 2010	50% - 75%	5649264
Ketterer Investments Inc	General partner	1 Feb 2014	Other	xxx-xx-xxxx
Sarah H. Ketterer Living Trust	Limited partner	1 Feb 2014	Other	xxx-xx-xxxx
Dawn Michelle Vroegop	Elected manager	1 Sep 2015	Other	3106346
Harry Hartford 2011 Revocable Trust	Member	1 Sep 2015	25% - 50%	xxx-xx-xxxx
L.P. Arranmore	Non-voting member	1 Sep 2015	25% - 50%	27-2963582
Ketterer Holdings Lp	Member	1 Sep 2015	25% - 50%	xxx-xx-xxxx
Gracie Varras Fermelia	Elected manager	1 Sep 2015	Other	3106378

Based in Los Angeles

The principal office where Causeway Capital Management LLC performs its advisory services is located at 11111 Santa Monica Boulevard, Los Angeles, CA 90025, which is also the mailing address of the firm. An additional office of the firm is in Bryn Mawr, PA. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 310-231-6100 or by fax 310-231-6183. The normal business hours are 7:00 am - 4:30 pm on Monday - Friday. You can find more information about the New York firm at causewaycap.com.