The Vistria Group, LP (Chicago)


The Vistria Group, LP is a large advisory firm based in Chicago. It manages $1.62 billion of regulatory assets for 4 client accounts. It has been registered with the SEC as an adviser since 2013 and has operated in the jurisdiction of Illinois.

The Vistria Group 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 Vistria Group: assets under management

The assets under management (AUM) of The Vistria Group, LP is $1.62 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 1468% since the beginning of its operation, and $85.6 million of the total AUM is attributable to clients outside of the United States.

The firm manages $1.62 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $405.67 million each.
The Vistria Group has custody of $1.62 billion in cash and securities for 4 clients in total but doesn’t act as a qualified custodian.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay The Vistria Group, 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 The Vistria Group serves?

The only and largest group of clients of The Vistria Group is pooled investment vehicles with 5 clients and $1.62 billion of assets under management. Among the 7 most similar advisory firms, The Vistria Group has the 2nd highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $1.62 billion for 5 clients. 25% of the firm’s clients are foreign persons or businesses.

The Vistria Group also advises several private funds. Namely, five private equity funds. The minimum investment commitment required of non-related persons ranges from $0 to $10,000,000.

Careers at The Vistria Group, LP

The company employs 31 people that are either part- or full-time employees. 68 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
Harreld Newman Kirkpatrick Iii Co- chief executive officer, limited partner of the registrant 1 Mar 2013 25% - 50% 6015589
Llc The Vistria Group General partner of the registrant 1 Mar 2013 Other 46-1909700
Martin Hughes Nesbitt Co- chief executive officer, limited partner of the registrant 1 Mar 2013 50% - 75% 6175055
Robert Leroy Parkinson Iii Chief compliance officer 1 Mar 2013 Other 5753631
Martin Nesbitt Co- chief executive officer 1 Mar 2013 50% - 75% 6175055
Thomas Peter Duffy Chief compliance officer 1 Apr 2014 Other 6087051

Based in Chicago

The principal office where The Vistria Group, LP performs its advisory services is located at 300 E. Randolph St., Chicago, IL 60601, 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 312-626-1100 or by fax 312-453-1651. The normal business hours are 8 to 5 on Monday - Friday. You can find more information about the New York firm at vistria.com.