Leonard Green & Partners, L.P. is a large advisory firm based in Los Angeles. It manages $26.16 billion of regulatory assets for 44 client accounts. It has been registered with the SEC as an adviser since 2012 and has operated in the jurisdiction of California.
Leonard Green & 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.
The assets under management (AUM) of Leonard Green & Partners, L.P. is $26.16 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 78% since the beginning of its operation, and $79.74 million of the total AUM is attributable to clients outside of the United States.
The advisory firm has several streams of revenue. Clients pay Leonard Green & 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.
The only and largest group of clients of Leonard Green & Partners is pooled investment vehicles with 44 clients and $26.16 billion of assets under management. Among the 11 most similar advisory firms, Leonard Green & Partners has the highest percentage of pooled investment vehicles out of all clients.
The amount of regulatory assets under management is $26.16 billion for 44 clients. 14% of the firm’s clients are foreign persons or businesses.
Leonard Green & Partners also advises several private funds. Namely, one hedge fund and thirty eight private equity funds. The minimum investment commitment required of non-related persons ranges from $0 to $20,000,000.
The company employs 56 people that are either part- or full-time employees. 63 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.
The principal office where Leonard Green & Partners, L.P. performs its advisory services is located at 11111 Santa Monica Blvd., Los Angeles, CA 90025, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 310-954-0436 or by fax 310-954-0404. The normal business hours are 9 am - 5 pm on Monday - Friday. You can find more information about the New York firm at leonardgreen.com and its LinkedIn profile.