Cbam Partners, LLC (New York)

Name: Cbam Partners, LLC
Address: 51 Astor Place, New York, NY, 10003
Telephone: 212 603 3100

Cbam Partners, LLC is a large advisory firm based in New York. It manages $10.57 billion of regulatory assets for 16 client accounts. It has been registered with the SEC as an adviser since 2017 and has operated in the jurisdictions of California, New York, and South Carolina.

Cbam Partners 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.

Cbam Partners: assets under management

The assets under management (AUM) of Cbam Partners, LLC is $10.57 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 235% since the beginning of its operation, and $9.21 billion of the total AUM is attributable to clients outside of the United States.

The firm manages $10.57 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $660.47 million each.

Cbam Partners has custody of $972.12 million in cash and securities for 2 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in other assets the most. They account for 100% of the total AUM.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Cbam Partners, LLC for their services and products based on a percentage of assets under management and performance-based fees. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Cbam Partners serves?

The firm provides services to insurance companies and pooled investment vehicles. The largest group of clients of Cbam Partners is pooled investment vehicles with 11 clients and $9.21 billion of assets under management. Among the 11 most similar advisory firms, Cbam Partners has the 2nd highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $10.57 billion for 16 clients. 69% of the firm’s clients are foreign persons or businesses.

Cbam Partners also advises several private funds. Namely, eleven securitized asset funds. The minimum investment commitment required of non-related persons is $250,000 for each fund.

Careers at Cbam Partners, LLC

The company employs 26 people that are either part- or full-time employees. 85 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
Cbam Holdings Llc	Sole managing member	1 Mar 2017	75% - 100%	27-1973901
Iv John Henry Garrett	Managing director	1 Mar 2017	Other	4993285
Michael Peter Damaso	Partner	1 Mar 2017	Other	2773502
Donald Cotter Young	Partner	1 Mar 2017	Other	5851913
Lisa Raggi Conrad	Chief compliance officer of registrant and relying advisor	1 Mar 2017	Other	1631111
Llc Cbam Partners	Sole managing member - cbam clo management llc (relying adviser)	1 Mar 2017	75% - 100%	27-1973901
Adam Bynoe Frankel	General counsel	1 Oct 2018	Other	5328253
Benjamin John Sclater	Director of finance	1 Jan 2019	Other	6366674

Indirect Owners

The SEC currently registers 11 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Sbt Investors Llc	Member	1 Jul 2010	50% - 75%	47-2491512
Nzc Capital Llc	Member	1 Nov 2014	75% - 100%	47-2491512
Todd Lawrence Boehly	Member	1 Nov 2014	75% - 100%	2835122
Llc Cbam Management	Member	1 Mar 2017	25% - 50%	82-3523324
Llc Eldridge Industries	Member	1 Mar 2017	75% - 100%	27-1973901
Llc Eldridge Industries	Member	1 Dec 2017	75% - 100%	27-1973901
Llc Eldridge Am Holdings	Member	1 Dec 2017	50% - 75%	27-1973901
Llc Cbam Management Holdings	Member	1 Dec 2017	25% - 50%	82-3521605
Llc Buddy46	Member	1 Dec 2017	25% - 50%	81-2429196
Donald Cotter Young	Member	1 Dec 2017	25% - 50%	5851913
Michael Peter Damaso	Member	1 Dec 2017	75% - 100%	2773502

Based in New York

The principal office where Cbam Partners, LLC performs its advisory services is located at 51 Astor Place, New York, NY 10003, which is also the mailing address of the firm. An additional office of the firm is in West Hollywood, CA. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 212 603 3100. The normal business hours are 8:00 am - 5:00 pm on Monday - Friday. You can find more information about the New York firm at cbam.com.