Madison Capital Funding LLC (Chicago)

Name: Madison Capital Funding LLC
Address: 227 West Monroe Street, Chicago, IL, 60606
Telephone: 312-596-6900

Madison Capital Funding LLC is a large advisory firm based in Chicago. It manages $3.1 billion of regulatory assets for 23 client accounts. It has been registered with the SEC as an adviser since 2016 and has operated in the jurisdiction of Illinois.

Madison Capital Funding 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.

Madison Capital Funding: assets under management

The assets under management (AUM) of Madison Capital Funding LLC is $3.1 billion. The firm's AUM has grown by 28% since the beginning of its operation, and $431.25 million of the total AUM is attributable to clients outside of the United States.

The firm manages $3 billion in discretionary accounts and $100.88 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $136.14 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $100.88 million.

Madison Capital Funding has custody of $158.13 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 Madison Capital Funding 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 Madison Capital Funding serves?

The only and largest group of clients of Madison Capital Funding is pooled investment vehicles with 23 clients and $3.1 billion of assets under management. Among the 7 most similar advisory firms, Madison Capital Funding has the 2nd highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $3.1 billion for 23 clients. 9% of the firm’s clients are foreign persons or businesses.

Madison Capital Funding also advises several private funds. Namely, eighteen private equity funds and five securitized asset funds. The minimum investment commitment required of non-related persons ranges from $0 to $500,000.

Careers at Madison Capital Funding LLC

The company employs 92 people that are either part- or full-time employees. 77 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.

There are 3 people 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
Anthony Ramsey Malloy	Chairman of the board and elected manager, and member of the audit committee	1 Jan 2012	Other	3035428
Monica Elaine Kelsey	Chief financial officer and managing director	1 Jan 2012	Other	6015884
Tara Mary Mcaleer	Chief compliance officer and managing director	1 Jan 2012	Other	5579284
Hugh Joseph Wade	Chief executive officer , senior managing director, and elected manager	1 Jan 2014	Other	3157917
Thomas Alexander Hendry	Elected manager, chairman of audit committee	1 Feb 2014	Other	1605292
Francis Michael Harte	Elected manager and member of the audit committee	1 Jul 2014	Other	1976402
Arthur Harutyun Seter	Elected manager	1 Jan 2015	Other	1146685
New York Life Insurance	Member	1 Dec 2015	50% - 75%	13-5582869
New York Life Insurance And Annuity Corporation	Member	1 Dec 2015	25% - 50%	13-3044743
Kevin Glenn Rhodehouse	Chief compliance officer and corporate vice president	1 Jul 2016	Other	2595436
Yie Hsin Nmn Hung	Chairman of the board and elected manager, and member of the audit committee	1 Feb 2017	Other	1586401
Kevin Todd Medina	Chief compliance officer	1 Mar 2017	Other	4188562
Jae Sung Yoon	Elected manager	1 May 2017	Other	2262927
Christopher Wells Taylor	Managing director, head of originations	1 Jan 2018	Other	6930205
Christopher Wells Taylor	Managing director, chief executive officer	1 Jul 2018	Other	6930205

Based in Chicago

The principal office where Madison Capital Funding LLC performs its advisory services is located at 227 West Monroe Street, Chicago, IL 60606, 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 312-596-6900 or by fax 312-596-6950. The normal business hours are 8:30-5:00 on Monday - Friday. You can find more information about the New York firm at newyorklife.com/madisoncapitalfunding/.