Hq Capital Private Equity LLC (New York)

Name: Hq Capital Private Equity LLC
Address: 1290 Avenue Of The Americas, New York, NY, 10104
Telephone: 212-863-2300

Hq Capital Private Equity LLC is a large advisory firm based in New York. It manages $4.84 billion of regulatory assets for 94 client accounts. It has been registered with the SEC as an adviser since 2016 and has operated in the jurisdiction of New York.

Hq Capital Private Equity provides portfolio management for individuals and small businesses, portfolio management for pooled investment vehicles, portfolio management for businesses and institutional clients, publication of newsletters, and educational seminars and workshops. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Hq Capital Private Equity: assets under management

The assets under management (AUM) of Hq Capital Private Equity LLC is $4.84 billion. The firm's AUM has grown by 30% since the beginning of its operation, and $4.61 billion of the total AUM is attributable to clients outside of the United States.

The firm manages $3.04 billion in discretionary accounts and $1.79 billion in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $43.47 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $74.7 million.

Hq Capital Private Equity has custody of $1.98 billion in cash and securities for 74 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in pooled investment vehicles the most. They account for 100% of the total AUM.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Hq Capital Private Equity 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 Hq Capital Private Equity serves?

The firm provides services to insurance companies, high net worth individuals, pooled investment vehicles, corporations or other businesses, and pension and profit sharing plans. The largest group of clients of Hq Capital Private Equity is pooled investment vehicles with 79 clients and $3.63 billion of assets under management. Among the 10 most similar advisory firms, Hq Capital Private Equity has the 5th lowest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $4.52 billion for 89 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 93% of the firm’s clients are foreign persons or businesses.

Hq Capital Private Equity also advises several private funds. Namely, thirty two private equity funds and one venture capital fund. The minimum investment commitment required of non-related persons ranges from $0 to $5,000,000.

Careers at Hq Capital Private Equity LLC

The company employs 100 people that are either part- or full-time employees. 23 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.

There’s a single person with the role of looking for and bringing in new clients on behalf of the firm. The firm compensates employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Benjamin Gray Wilson joined the executive team most recently as the Managing Director.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Stephen Bruce Wesson	Managing director	1 Dec 2004	Other	2274838
Hq Capital U.S. Llc	Managing member	1 Dec 2007	75% - 100%	13-3880235
Timothy Alan Brody	Managing director	1 Dec 2007	Other	5655924
Marcel Alain Giacometti	Vice chairman - pe	1 Dec 2007	Other	1931395
Ernest Paul Boles	Chief executive officer	1 Dec 2007	Other	5476831
Christopher Alan Lawrence	Managing director	1 Feb 2008	Other	4194038
Timmy Jay Avery	Chief financial officer	1 Nov 2011	Other	6012258
Georg Fritz Wunderlin	Managing director/ chief operating officer	1 Oct 2012	Other	6173591
Janine Deniece Diljohn	Chief compliance officer	1 Feb 2015	Other	6454063
Marc Rene Lohser	Managing director	1 Feb 2015	Other	6462262
Christian Thomas Munafo	Managing director	1 Jul 2015	Other	4962857
Marcel Alain Giacometti	Vice chairman - pe	1 Jan 2016	Other	1931395
Georg Fritz Wunderlin	Chief executive officer	1 Sep 2016	Other	6173591
Ernest Paul Boles	Vice chairman	1 Sep 2016	Other	5476831
Heiko Hans Dimmerling	Chief operating officer	1 Apr 2017	Other	6818880
Harald Hell	Chief financial officer/ chief operating officer (europe)	1 Jan 2019	Other	7087549
Bernd Turk	Managing director	1 Jan 2019	Other	7091556
Benjamin Gray Wilson	Managing director	1 Jul 2019	Other	4001170

Indirect Owners

The SEC currently registers 4 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Hq Capital International L.P.	Sole shareholder	1 Dec 2007	75% - 100%	98-0569273
Hq Capital International G.P.	General partner	1 Dec 2007	Other	98-0569269
Hq Capital Management Gmbh	General partner	1 Jul 2014	Other	foreign
Hq Capital Gmbh & Co. Kg	Sole shareholder	1 Jan 2015	75% - 100%	98-1206487

Based in New York

The principal office where Hq Capital Private Equity LLC performs its advisory services is located at 1290 Avenue Of The Americas, New York, NY 10104, 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 212-863-2300 or by fax 212-593-2974. The normal business hours are 8:30am-5:00pm on Monday - Friday. You can find more information about the New York firm at hqcapital.com.