Grove International Partners LLP is a large advisory firm based in New York. It manages $1.41 billion of regulatory assets for 33 client accounts. It has been registered with the SEC as an adviser since 2012 and has operated in the jurisdiction of New York.
Grove International Partners 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 assets under management (AUM) of Grove International Partners LLP is $1.41 billion. The firm's AUM has gone down by -17% since the beginning of its operation, and $1.24 billion of the total AUM is attributable to clients outside of the United States.
The advisory firm has several streams of revenue. Clients pay Grove International Partners LLP 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.
The only and largest group of clients of Grove International Partners is pooled investment vehicles with 33 clients and $1.41 billion of assets under management. Among the 12 most similar advisory firms, Grove International Partners has the 3rd highest percentage of pooled investment vehicles out of all clients.
The amount of regulatory assets under management is $1.41 billion for 33 clients. 74% of the firm’s clients are foreign persons or businesses.
Grove International Partners also advises several private funds. Namely, twenty one real estate funds. The minimum investment commitment required of non-related persons ranges from $0 to $25,000,000.
The company employs 20 people that are either part- or full-time employees. 55 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.
The principal office where Grove International Partners LLP performs its advisory services is located at 340 Madison Avenue, New York, NY 10173, 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 212-710-7875 or by fax 212-710-9930. The normal business hours are 9am - 5 pm on Monday - Friday. You can find more information about the New York firm at groveinvestors.com.