Camber Capital Management LP (Boston)

Name: Camber Capital Management LP
Address: 101 Huntington Avenue, Boston, MA, 02199
Telephone: 617-717-6600

Camber Capital Management LP is a large advisory firm based in Boston. It manages $2.8 billion of regulatory assets for 5 client accounts. It has been registered with the SEC as an adviser since 2018 and has operated in the jurisdiction of Massachusetts.

Camber Capital Management provides portfolio management for individuals and small businesses and 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.

Camber Capital Management: assets under management

The assets under management (AUM) of Camber Capital Management LP is $2.8 billion, all of which is managed in discretionary accounts. The firm's AUM has gone down by -16% since the beginning of its operation, and $847.56 million of the total AUM is attributable to clients outside of the United States.

The firm manages $2.8 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $560.03 million each.

Camber Capital Management has custody of $2.76 billion in cash and securities for 4 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in exchange traded securities the most. They account for 55% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 41% of the firm’s portfolio. Investments in derivatives form 1% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Camber Capital Management LP 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 Camber Capital Management serves?

The only and largest group of clients of Camber Capital Management is pooled investment vehicles with 4 clients and $2.76 billion of assets under management. Among the 8 most similar advisory firms, Camber Capital Management has the 2nd highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $2.76 billion for 4 clients. 33% of the firm’s clients are foreign persons or businesses.

Camber Capital Management also advises several private funds. Namely, two hedge funds. The minimum investment commitment required of non-related persons is $1,000,000 for each fund.

Careers at Camber Capital Management LP

The company employs 6 people that are either part- or full-time employees. 17 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
Stephen Rodney Dubois	Limited partner	1 Feb 2006	75% - 100%	2641836
Brian James Foley	Chief operating officer	1 Feb 2010	Other	1933604
Sean Joseph George	Chief financial officer/chief compliance officer	1 Feb 2010	Other	5915535
Camber Capital Partners Iv Llc	General partner	1 Mar 2018	Other	82-5047905

Indirect Owners

The SEC currently registers 1 indirect owner.

Name	Entity	Date acquired	Ownership	Employer ID
Stephen Rodney Dubois	Sole owner	1 Mar 2018	75% - 100%	2641836

Based in Boston

The principal office where Camber Capital Management LP performs its advisory services is located at 101 Huntington Avenue, Boston, MA 02199, 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 617-717-6600 or by fax 617-717-6688. The normal business hours are 8am-5pm on Monday - Friday. You can find more information about the New York firm at cambercapital.com/.