Crestline Management, L.P. is a large advisory firm based in Fort Worth. It manages $12.73 billion of regulatory assets for 74 client accounts. It has been registered with the SEC as an adviser since 2002 and has operated in the jurisdiction of Texas.
Crestline Management 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 Crestline Management, L.P. is $12.73 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 5506% since the beginning of its operation, and $10.02 billion of the total AUM is attributable to clients outside of the United States.
The advisory firm has several streams of revenue. Clients pay Crestline Management, 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 firm provides services to pooled investment vehicles, pension and profit sharing plans, state or municipal government entities, and sovereign wealth funds and foreign official institutions. The largest group of clients of Douglas Kelvin Bratton is pooled investment vehicles with 49 clients and $5.81 billion of assets under management. Among the 8 most similar advisory firms, Crestline Management has the 4th lowest percentage of pooled investment vehicles out of all clients.
The amount of regulatory assets under management is $12.28 billion for 68 clients. 65% of the firm’s clients are foreign persons or businesses.
Crestline Management also advises several private funds. Namely, thirty hedge funds, two other private funds, and three private equity funds. The minimum investment commitment required of non-related persons ranges from $0 to $15,000,000.
The company employs 121 people that are either part- or full-time employees. 64 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 6 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.
Douglas Kelvin Bratton has been acting as President since 1 Jan 1998. Christopher J Semple joined the executive team most recently as the Partner.
The principal office where Crestline Management, L.P. performs its advisory services is located at 201 Main Street, Fort Worth, TX 76102 3135, which is also the mailing address of the firm. An additional office of the firm is in New York, NY. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 817-339-7600 or by fax 817-339-7378. The normal business hours are 8:00 a.m. - 5:00 p.m. cst on Monday - Friday. You can find more information about the New York firm at crestlineinvestors.com and its LinkedIn profile.