Darby Overseas Partners, L.P. (Washington)


Darby Overseas Partners, L.P. is a large advisory firm based in Washington. It manages $756.97 million of regulatory assets for 13 client accounts. It has been registered with the SEC as an adviser since 2012.

Darby Overseas 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.

Darby Overseas Partners: assets under management

The assets under management (AUM) of Darby Overseas Partners, L.P. is $756.97 million. The firm's AUM has gone down by -62% since the beginning of its operation, and $699.77 million of the total AUM is attributable to clients outside of the United States.

The firm manages $569.99 million in discretionary accounts and $186.98 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $47.5 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $186.98 million.
Darby Overseas Partners has custody of $415.9 million in cash and securities for 13 clients in total but doesn’t act as a qualified custodian.

Fees & Commissions

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

The only and largest group of clients of Darby Overseas Partners is pooled investment vehicles with 13 clients and $756.97 million of assets under management. Among the 8 most similar advisory firms, Darby Overseas Partners has the highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $756.97 million for 13 clients. 77% of the firm’s clients are foreign persons or businesses.

Darby Overseas Partners also advises several private funds. Namely, eight other private funds and four private equity funds. The minimum investment commitment required of non-related persons ranges from $95 to $5,804,750.

Careers at Darby Overseas Partners, L.P.

The company employs 17 people that are either part- or full-time employees. 65 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
Ltd. Darby Overseas Investments General partner 1 Feb 1994 Other 52-1854979
Richard Herman Frank President and chief executive officer, darby overseas investments, ltd. 1 Jul 1997 Other 4739396
Jonathan William Haddon General counsel and secretary, darby overseas investments, ltd. 1 Jun 2008 Other 5333137
David Lyle Mathewson Senior managing director, finance and corporate operations, darby overseas investments, ltd. 1 Sep 2010 Other 3080985
Melanie Adrienne Huff Chief compliance officer 1 Mar 2011 Other 2555640
Melanie Adrienne Huff Chief compliance officer 1 Jun 2014 Other 2555640
Kenneth Craig White Chief compliance officer 1 Jul 2014 Other 4275335
Jonathan Christopher Potokin Managing director - finance and administration, darby overseas investments, ltd. 1 Jun 2015 Other 6596706

Indirect Owners

The SEC currently registers 2 indirect owners.

Name Entity Date acquired Ownership Employer ID
Inc. Franklin Resources Shareholder 1 Jul 2003 75% - 100% 13-2670991
Inc. Darby Holdings Shareholder 1 Oct 2003 75% - 100% 20-0209697

Based in Washington

The principal office where Darby Overseas Partners, L.P. performs its advisory services is located at 1133 Connecticut Avenue, Nw, Washington, DC 20036 4361, which is also the mailing address of the firm. An additional office of the firm is in Coral Gables, FL. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 202-872-0500 or by fax 202-872-1816. The normal business hours are 0900 - 1800 on Monday - Friday. You can find more information about the New York firm at darbyoverseas.com.