Center Rock Capital Partners, LP (Chicago)


Center Rock Capital Partners, LP is a large advisory firm based in Chicago. It manages $593.87 million of regulatory assets for 3 client accounts. It has been registered with the SEC as an adviser since 2017 and has operated in the jurisdictions of Illinois and Michigan.

Center Rock Capital Partners 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.

Center Rock Capital Partners: assets under management

The assets under management (AUM) of Center Rock Capital Partners, LP is $593.87 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 6% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $593.87 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $197.96 million each.
Center Rock Capital Partners has custody of $593.87 million in cash and securities for 3 clients in total but doesn’t act as a qualified custodian.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Center Rock Capital Partners, 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 Center Rock Capital Partners serves?

The only and largest group of clients of Center Rock Capital Partners is pooled investment vehicles with 3 clients and $593.87 million of assets under management. Among the 12 most similar advisory firms, Center Rock Capital Partners has the 2nd highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $593.87 million for 3 clients. None of the firm’s clients are foreign persons or businesses.

Center Rock Capital Partners also advises several private funds. Namely, three private equity funds. The minimum investment commitment required of non-related persons ranges from $0 to $5,000,000.

Careers at Center Rock Capital Partners, LP

The company employs 9 people that are either part- or full-time employees. 89 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
Ian Matthew Kirson Partner, president, limited partner 1 Aug 2017 75% - 100% 3153901
Inc. Center Rock Capital Partners Gp General partner 1 Aug 2017 Other 82-2512399
Terry Michael Theodore Partner, executive vice president 1 Sep 2017 Other 6028350
John Gordon Newman Chief compliance officer, chief financial officer and principal 1 Dec 2017 Other 2763256

Based in Chicago

The principal office where Center Rock Capital Partners, LP performs its advisory services is located at 8755 West Higgins Road, Chicago, IL 60631, which is also the mailing address of the firm. An additional office of the firm is in Bloomfield Hills, MI. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number (312) 635-8075 or by fax (312) 635-8078. The normal business hours are 9:00 am - 5:00 pm on Monday - Friday. You can find more information about the New York firm at centerrockcapitalpartners.com/.