Dw Partners, LP (New York)

Name: Dw Partners, LP
Address: 590 Madison Avenue, New York, NY, 10022
Telephone: 212-751-6100

Dw Partners, LP is a large advisory firm based in New York. It manages $2.92 billion of regulatory assets for 16 client accounts. It has been registered with the SEC as an adviser since 2015 and has operated in the jurisdictions of California and New York.

Dw Partners provides portfolio management for pooled investment vehicles and portfolio management for businesses and institutional clients. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Dw Partners: assets under management

The assets under management (AUM) of Dw Partners, LP is $2.92 billion, all of which is managed in discretionary accounts. The firm's AUM has gone down by -76% since the beginning of its operation, and $2.09 billion of the total AUM is attributable to clients outside of the United States.

The firm manages $2.92 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $182.45 million each.

Dw Partners has custody of $1.72 billion in cash and securities for 11 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in other assets the most. They account for 98% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 2% of the firm’s portfolio.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Dw 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 Dw Partners serves?

The firm provides services to pooled investment vehicles and corporations or other businesses. The largest group of clients of Dw Partners is pooled investment vehicles with 13 clients and $2.89 billion of assets under management. Among the 9 most similar advisory firms, Dw Partners has the 2nd lowest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $2.92 billion for 16 clients. 38% of the firm’s clients are foreign persons or businesses.

Dw Partners also advises several private funds. Namely, five hedge funds. The minimum investment commitment required of non-related persons ranges from $1,000,000 to $50,000,000.

Careers at Dw Partners, LP

The company employs 48 people that are either part- or full-time employees. 38 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
Llc Dw Investment Partners	General partner	1 Mar 2009	Other	26-4425883
David Robert Warren	Limited partner, chief executive officer and chief investment officer	1 Mar 2009	75% - 100%	2501871
Andrew Todd Ulmer	Limited partner and portfolio manager	1 Mar 2009	Other	4165150
Robert Mcnamara Clark	Limited partner and portfolio manager	1 Mar 2009	Other	4411938
Shikhar Ranjan	Limited partner and portfolio manager	1 Mar 2009	Other	4424170
Andrew Rosenthal	Chief operating officer	1 Jan 2010	Other	1389925
Shawn Raju Singh	General counsel and chief compliance officer	1 Sep 2011	Other	5311961
Llc Dw Investment Partners	Dw general partner, llc (relying adviser), member	1 Nov 2014	Other	26-4425883
Lp Brevan Howard Capital Management	Limited partner	1 Jan 2015	Other	161292
Ltd. Brevan Howard Dw Holdings	Limited partner	1 Jan 2015	Other	foreign entity
Llc Dw Investment Partners	Dw partners ii, lp (relying adviser), general partner	1 Jan 2015	Other	26-4425883
Lp Dw Partners	Dw partners ii, lp (relying adviser), limited partner	1 Jan 2015	75% - 100%	155459
Bhus Holdings Llc	Dw partners ii, lp (relying adviser), limited partner	1 Jan 2015	Other	61-1691374
Rupert Timothy Cox	Chief risk officer	1 Jun 2015	Other	2386621
Jennifer Adele Drake	Chief operating officer	1 Jun 2016	Other	2781018
Marc Daniel Valdes	Chief operating officer	1 Aug 2016	Other	6695181
Llc Dw Investment Partners	Dw cmbs i fund gp, llc (relying adviser), member	1 Dec 2016	Other	26-4425883
Robert John Manley	Chief financial officer	1 Mar 2017	Other	6776221
Houdin Honarvar	General counsel	1 Apr 2017	Other	6787988
Houdin Honarvar	General counsel & chief compliance officer	1 Aug 2017	Other	6787988

Indirect Owners

The SEC currently registers 1 indirect owner.

Name	Entity	Date acquired	Ownership	Employer ID
David Robert Warren	Dw cmbs i fund gp, llc (relying adviser), managing member	1 Dec 2016	75% - 100%	2501871

Based in New York

The principal office where Dw Partners, LP performs its advisory services is located at 590 Madison Avenue, New York, NY 10022, which is also the mailing address of the firm. An additional office of the firm is in Santa Monica, CA. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 212-751-6100 or by fax 212-486-2326. The normal business hours are 9:00am - 5:00pm on Monday - Friday. You can find more information about the New York firm at dwpartners.com.