Madison Dearborn Partners, LLC (Chicago)
Madison Dearborn Partners, LLC is a large advisory firm based in Chicago. It manages $11.74 billion of regulatory assets for 34 client accounts. It has been registered with the SEC as an adviser since 2012.
Madison Dearborn Partners provides portfolio management for pooled investment vehicles and management of private equity funds. 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 Dearborn Partners: assets under management
The assets under management (AUM) of Madison Dearborn Partners, LLC is $11.74 billion, all of which is managed in discretionary accounts. The firm's AUM has gone down by -15% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
Fees & Commissions
The advisory firm has several streams of revenue. Clients pay Madison Dearborn Partners, 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 John Anthony Canning serves?
The only and largest group of clients of John Anthony Canning is pooled investment vehicles with 34 clients and $11.74 billion of assets under management. Among the 6 most similar advisory firms, Madison Dearborn Partners has the highest percentage of pooled investment vehicles out of all clients.
The amount of regulatory assets under management is $11.74 billion for 34 clients. 21% of the firm’s clients are foreign persons or businesses.
Madison Dearborn Partners also advises several private funds. Namely, thirty four private equity funds. The minimum investment commitment required of non-related persons ranges from $12,000 to $50,000,000.
Careers at Madison Dearborn Partners, LLC
The company employs 57 people that are either part- or full-time employees. 75 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.
John Anthony Canning has been acting as President since 1 Jan 2004. Elizabeth Quadros Betten joined the executive team most recently as the Managing Director.
Direct owners and executive officers
Based in Chicago
The principal office where Madison Dearborn Partners, LLC performs its advisory services is located at 70 West Madison St., Suite 4600, Chicago, IL 60602, 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 312-895-1000 or by fax 312-895-1001. The normal business hours are 8:15am to 5:00pm on Monday - Friday. You can find more information about the New York firm at mdcp.com.
Registered investment advisers similar to Madison Dearborn Partners, LLC
- Compass Analytics
- U.S Trust Company, National Association
- Aspiriant
- Borealis Infrastructure Us Limited
- Mcdonnell Investment Management
- Davenport & Company
- Babson Capital Global Advisors Limited
- Gartmore Investment Limited
- Permal Asset Management
- Qwest Asset Management Company
- Bank Of Montreal
- 1919 Investment Counsel
- Fund Evaluation Group
- Atlantic Asset Management, L.L.C
- Hughes Capital Management