Maranon Capital, L.P. (Chicago)


Maranon Capital, L.P. is a large advisory firm based in Chicago. It manages $2.49 billion of regulatory assets for 17 client accounts. It has been registered with the SEC as an adviser since 2012 and has operated in the jurisdiction of Illinois.

Maranon Capital 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.

Maranon Capital: assets under management

The assets under management (AUM) of Maranon Capital, L.P. is $2.49 billion. The firm's AUM has grown by 387% since the beginning of its operation, and $938.4 million of the total AUM is attributable to clients outside of the United States.

The firm manages $2.43 billion in discretionary accounts and $56.22 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $151.96 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $56.22 million.
Maranon Capital has custody of $787.61 million in cash and securities for 10 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in non-investment grade corporate bonds the most. They account for 100% of the total AUM.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Maranon Capital, L.P. 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 Maranon Capital serves?

The only and largest group of clients of Maranon Capital is pooled investment vehicles with 13 clients and $1.73 billion of assets under management. Among the 7 most similar advisory firms, Maranon Capital has the 2nd lowest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $1.73 billion for 13 clients. 24% of the firm’s clients are foreign persons or businesses.

Maranon Capital also advises several private funds. Namely, nine other private funds and three securitized asset funds. The minimum investment commitment required of non-related persons ranges from $100,000 to $5,000,000.

Careers at Maranon Capital, L.P.

The company employs 27 people that are either part- or full-time employees. 85 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
Maranon Capital Ultimate General Partner Llc General partner of maranon capital, l.p. 1 May 2007 Other 20-8997854
Lester Thomas Gregory Founding partner of maranon capital, l.p. 1 May 2007 25% - 50% 6007964
Ian Michael Larkin Founding partner of maranon capital, l.p. 1 May 2007 25% - 50% 3092046
Gregory Michael Long Managing director of maranon capital, l.p. 1 Dec 2007 Other 2814371
Michael Steven Parilla Chief financial officer and chief compliance officer 1 Dec 2007 Other 6007967
Robert Emerson Kircher Managing director of maranon capital, l.p. 1 Dec 2007 Other 6007979
Larkin 2008 Gift Trust Limited partner of maranon capital, l.p. 1 Jan 2008 Other 27-6987633
Larkin 2007 Gift Trust Limited partner of maranon capital, l.p. 1 Jan 2008 Other 27-6987633
Gregory 2008 Gift Trust Limited partner of maranon capital, l.p. 1 Feb 2008 Other 27-7061309
Ian Michael Larkin Founding partner of maranon mezzanine gp, l.p. 1 Jul 2008 Other 3092046
Gregory Michael Long Managing director of maranon mezzanine gp, l.p. 1 Jul 2008 Other 2814371
Robert Emerson Kircher Managing director of maranon mezzanine gp, l.p. 1 Jul 2008 Other 6007979
Llc Credit Suisse Mmf Investment Company Limited partner of maranon mezzanine gp, l.p. 1 Jul 2008 25% - 50% 11-1111111
Maranon Capital Ultimate General Partner Llc General partner of maranon mezzanine gp ii, l.p. 1 Feb 2013 Other 20-8997854
Lester Thomas Gregory Founding partner of maranon mezzanine gp ii, l.p. 1 Feb 2013 Other 6007964
Ian Michael Larkin Founding partner of maranon mezzanine gp ii, l.p. 1 Feb 2013 Other 3092046
Maranon Capital Ultimate General Partner Llc General partner of maranon senior credit gp ii, l.p. 1 Mar 2013 Other 20-8997854
Lester Thomas Gregory Founding partner of maranon senior credit gp ii, l.p. 1 Mar 2013 Other 6007964
Michael Steven Parilla Limited partner of maranon senior credit gp ii, l.p. 1 Mar 2013 Other 6007967
Ian Michael Larkin Founding partner of maranon senior credit gp ii, l.p. 1 Mar 2013 Other 3092046
Richard Thomas Jander Limited partner of maranon senior credit gp ii, l.p. 1 Mar 2013 Other 6314352
Robert Emerson Kircher Limited partner of maranon senior credit gp ii, l.p. 1 Mar 2013 Other 6007979
Thomas R Reusche Revocable Trust U/A/D 12/20/96 Limited partner of maranon senior credit gp ii, l.p. 1 Jun 2013 Other xxx-xx-xxxx
Michael P. Goldsmith 1991 Trust Limited partner of maranon senior credit gp ii, l.p. 1 Jun 2013 Other xxx-xx-xxxx
Bruce Abraham Zivian Limited partner of maranon senior credit gp ii, l.p. 1 Jun 2013 Other 4992671
Richard Thomas Jander Limited partner of maranon mezzanine gp ii, l.p. 1 Dec 2013 Other 6314352
Robert Emerson Kircher Limited partner of maranon mezzanine gp ii, l.p. 1 Dec 2013 Other 6007979
Gregory Michael Long Limited partner of maranon mezzanine gp ii, l.p. 1 Dec 2013 Other 2814371
Michael Steven Parilla Limited partner of maranon mezzanine gp ii, l.p. 1 Dec 2013 Other 6007967
Llc Cfig Mmf Ii Investment Company Limited partner of maranon mezzanine gp ii, l.p. 1 Dec 2013 25% - 50% 11-1111111
Llc Eldridge Maranon Holdings Limited partner of maranon capital, l.p. 1 Jan 2019 50% - 75% 27-1973901
Aaron Emanuel Simkovich Chief financial officer of maranon capital, l.p. 1 Jan 2019 Other 7091635
Llc Cbam Holdings Limited partner of maranon capital, l.p. 1 Jul 2019 Other 27-1973901

Indirect Owners

The SEC currently registers 13 indirect owners.

Name Entity Date acquired Ownership Employer ID
Ian Michael Larkin Founding member 1 Dec 2007 50% - 75% 3092046
Lester Thomas Gregory Founding member 1 Dec 2007 50% - 75% 6007964
Sbt Investors Llc Member 1 Jul 2010 75% - 100% 47-2491512
Nzc Capital Llc Member 1 Nov 2014 75% - 100% 47-2491512
Todd Lawrence Boehly Member 1 Nov 2014 75% - 100% 2835122
Llc Cbam Management Member 1 Mar 2017 25% - 50% 82-3523324
Llc Eldridge Industries Member 1 Dec 2017 75% - 100% 27-1973901
Llc Cbam Management Holdings Member 1 Dec 2017 25% - 50% 82-3521605
Llc Buddy46 Member 1 Dec 2017 25% - 50% 82-3521605
Donald Cotter Young Member 1 Dec 2017 25% - 50% 5851913
Michael Peter Damaso Member 1 Dec 2017 75% - 100% 2773502
Llc Eldridge Am Holdings Member 1 Dec 2017 50% - 75% 27-1973901
Llc Eldridge Am Holdings Member 1 Jan 2019 75% - 100% 27-1973901

Based in Chicago

The principal office where Maranon Capital, L.P. performs its advisory services is located at 303 West Madison Street, Chicago, IL 60606 3395, 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 312-646-1200 or by fax 312-578-0047. The normal business hours are 8:30 am - 5:00 pm on Monday - Friday. You can find more information about the New York firm at maranoncapital.com.