Everstream Energy Capital Advisers, LLC (San Francisco)


Everstream Energy Capital Advisers, LLC is a large advisory firm based in San Francisco. It manages $472.14 million of regulatory assets for 11 client accounts. It has been registered with the SEC as an adviser since 2015 and has operated in the jurisdictions of California and Minnesota.

Everstream Energy Capital Advisers 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.

Everstream Energy Capital Advisers: assets under management

The assets under management (AUM) of Everstream Energy Capital Advisers, LLC is $472.14 million. The firm's AUM has grown by 298% since the beginning of its operation, and $444.69 million of the total AUM is attributable to clients outside of the United States.

The firm manages $65.29 million in discretionary accounts and $406.85 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $13.06 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $67.81 million.
Everstream Energy Capital Advisers has custody of $60.77 million in cash and securities for 6 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in non-exchange traded securities the most. They account for 100% of the total AUM.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Everstream Energy Capital Advisers, LLC for their services and products based on a percentage of assets under management and performance-based fees. The adviser charges an additional fee when a set benchmark is outperformed. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Everstream Energy Capital Advisers serves?

The only and largest group of clients of Everstream Energy Capital Advisers is pooled investment vehicles with 9 clients and $468.78 million of assets under management. Among the 9 most similar advisory firms, Everstream Energy Capital Advisers has the 3rd highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $468.78 million for 9 clients. 45% of the firm’s clients are foreign persons or businesses.

Everstream Energy Capital Advisers also advises several private funds. Namely, nine private equity funds. The minimum investment commitment required of non-related persons ranges from $0 to $5,000,000.

Careers at Everstream Energy Capital Advisers, LLC

The company employs 11 people that are either part- or full-time employees. 91 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.

There’s a single person 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
Peter John Lee Manager 1 Jan 2011 Other 3071957
Es Ng 2 Sole member of newpath energy capital, llc 1 Feb 2013 75% - 100% 37-1714079
Llc Energy Logistics Partners Sole member of elp advisors, llc 1 Jan 2015 75% - 100% 47-2481313
Llc Everstream Energy Capital Management Sole member 1 Feb 2015 75% - 100% 45-3912232
Llc Everstream Energy Capital Management Sole member; sole member of es npv gp, llc 1 Mar 2015 75% - 100% 45-3912232
Llc Everstream Energy Capital Management Sole member of es sif dg solar i gp, llc 1 Jun 2016 75% - 100% 45-3912232
Llc Everstream Energy Capital Management Sole member of es npv gp ii, llc 1 Oct 2016 75% - 100% 45-3912232
Peter John Lee Manager and chief compliance officer 1 Nov 2017 Other 3071957

Indirect Owners

The SEC currently registers 9 indirect owners.

Name Entity Date acquired Ownership Employer ID
Everstream Energy Capital Management Incentive Vehicle Gp Llc General partner 1 Nov 2011 Other 46-2044329
Bruce Shevlin Pflaum Limited partner 1 Jan 2012 25% - 50% 5002045
Peter John Lee Limited partner 1 Jan 2012 25% - 50% 3071957
Everstream Energy Capital Management Incentive Vehicle Lp Member 1 Jan 2012 Other 1111111
Carlos Domenech Limited partner 1 Jan 2012 25% - 50% 6471092
Llc Everstream Energy Capital Management Member of es ng 2, llc 1 Feb 2013 50% - 75% 45-3912232
Eric Larson Member 1 Feb 2013 25% - 50% 4704312
Llc Newpath Energy Capital Member of energy logistics partners, llc 1 Nov 2014 50% - 75% 47-3791170
Llc Mc Energy Logistics Member of energy logistics partners, llc 1 Nov 2014 50% - 75% 35-2516017

Based in San Francisco

The principal office where Everstream Energy Capital Advisers, LLC performs its advisory services is located at 44 Montgomery St., San Francisco, CA 94104 The mailing address of the firm is 101 A Clay Street, San Francisco, CA 94111. An additional office of the firm is in Wayzata, MN. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 415-949-1151. The normal business hours are 8am-5pm on Monday - Friday. You can find more information about the New York firm at everstreamcapital.com.