First Analysis Private Equity Management V B, L.L.C. (Chicago)

First Analysis Private Equity Management V B, L.L.C. is a large advisory firm based in Chicago. It manages $234.3 million of regulatory assets for 9 client accounts. It has been registered with the SEC as an adviser since 2012.

First Analysis Private Equity Management V B, L.L.C 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.

First Analysis Private Equity Management V B, L.L.C: assets under management

The assets under management (AUM) of First Analysis Private Equity Management V B, L.L.C. is $234.3 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 43% since the beginning of its operation, and $10 million of the total AUM is attributable to clients outside of the United States.

The firm manages $234.3 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $26.03 million each.

First Analysis Private Equity Management V B, L.L.C has custody of $234.3 million in cash and securities for 9 clients in total but doesn’t act as a qualified custodian.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay First Analysis Private Equity Management V B, L.L.C. 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 First Analysis Private Equity Management V B, L.L.C serves?

The only and largest group of clients of First Analysis Private Equity Management V B, L.L.C is pooled investment vehicles with 9 clients and $234.3 million of assets under management. Among the 10 most similar advisory firms, First Analysis Private Equity Management V B, L.L.C has the 2nd highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $234.3 million for 9 clients. 22% of the firm’s clients are foreign persons or businesses.

First Analysis Private Equity Management V B, L.L.C also advises several private funds. Namely, seven private equity funds and two venture capital funds. The minimum investment commitment required of non-related persons ranges from $100,000 to $3,000,000.

Careers at First Analysis Private Equity Management V B, L.L.C.

The company employs 44 people that are either part- or full-time employees. 16 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
L.L.C. First Analysis Venture Operations And Research	Managing member (relying adviser, first analysis management company iv, l.l.c.)	1 Feb 1999	75% - 100%	45-2177127
Mark Thomas Koulogeorge	Member (relying adviser, first analysis management company iv, l.l.c.)	1 Feb 1999	Other	2939578
L.L.C. First Analysis Private Equity Management Company Iv	Managing member (relying adviser, fa private equity management iv, l.l.c.)	1 Aug 2001	75% - 100%	36-4464864
L.L.C. Hamilton/Krg Fac Iv	Member (relying adviser, fa private equity management iv, l.l.c.)	1 Aug 2001	Other	84-1607482
L.L.C. Argentum Investments	Member (relying adviser, fa private equity management iv, l.l.c.)	1 Aug 2001	Other	13-3938926
L.L.C. First Analysis Private Equity Management V A	Managing member (filing adviser)	1 May 2011	75% - 100%	45-2177127
L.L.C. Argentum Equity Partners	Member (filing adviser)	1 May 2011	Other	80-0633443
Paul Steven Kropke	Chief compliance officer (filing adviser and relying advisers)	1 May 2011	Other	2572796
Llc First Analysis Fund Xii+ Gp Manager	Managing member (relying adviser, first analysis fund xii+ gp, llc)	1 Jun 2017	75% - 100%	82-1781380

Indirect Owners

The SEC currently registers 10 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Francis Oliver Nicklin	Ceo/president	1 Sep 1981	50% - 75%	347877
Daniel Raynor	Managing member	1 Mar 1997	25% - 50%	1078849
Walter Humberto Barandiaran	Managing member	1 Mar 1997	25% - 50%	1122834
Francis Oliver Nicklin	Chief executive officer and president	1 Feb 1999	25% - 50%	347877
Charles Alvis Hamilton	Managing member	1 Aug 2001	50% - 75%	234895
L.L.C. First Analysis Venture Operations And Research	Managing member	1 Aug 2001	50% - 75%	36-4308885
Daniel Raynor	Managing member	1 Aug 2010	25% - 50%	1078849
Walter Humberto Barandiaran	Managing member	1 Aug 2010	25% - 50%	1122834
L.L.C. First Analysis Venture Operations And Research	Managing member	1 May 2011	50% - 75%	36-4308885
First Analysis Corporation	Managing member	1 Jun 2017	75% - 100%	31-3140467

Based in Chicago

The principal office where First Analysis Private Equity Management V B, L.L.C. performs its advisory services is located at One South Wacker 39 Th Floor, Chicago, IL 60606, 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 312-258-1400 or by fax 312-258-0334. The normal business hours are 9:00 a.m. - 5:00 p.m. on Monday - Friday.