Midcap Financial Services Capital Management, LLC (Bethesda)

Midcap Financial Services Capital Management, LLC is a large advisory firm based in Bethesda. It manages $3.53 billion of regulatory assets for 7 client accounts. It has been registered with the SEC as an adviser since 2016 and has operated in the jurisdiction of Maryland.

Midcap Financial Services Capital Management 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.

Midcap Financial Services Capital Management: assets under management

The assets under management (AUM) of Midcap Financial Services Capital Management, LLC is $3.53 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 1014% since the beginning of its operation, and $357.64 million of the total AUM is attributable to clients outside of the United States.

The firm manages $3.53 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $503.94 million each.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Midcap Financial Services Capital Management, LLC for their services and products based on a percentage of assets under management. 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 John Daniel O'dea serves?

The only and largest group of clients of John Daniel O'dea is pooled investment vehicles with 7 clients and $3.53 billion of assets under management. Among the 8 most similar advisory firms, Midcap Financial Services Capital Management has the highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $3.53 billion for 7 clients. None of the firm’s clients are foreign persons or businesses.

Midcap Financial Services Capital Management doesn't advise any private funds.

Careers at Midcap Financial Services Capital Management, LLC

The company employs 215 people that are either part- or full-time employees. 79 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.

John Daniel O'dea has been acting as President since 1 May 2017. Robert Paul Goodridge joined the executive team most recently as the General Counsel.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Steven Mark Curwin	Chief executive officer and chief investment officer	1 Oct 2016	Other	6321410
David Gill Moore	Chief financial officer	1 Oct 2016	Other	6321412
Llc Midcap Financial Services	Sole member	1 Oct 2016	75% - 100%	26-3242056
Robert Paul Goodridge	Chief compliance officer	1 Oct 2016	Other	6321419
Adam Andrews Day	Director of portfolio management	1 Nov 2016	Other	2974115
Robert Paul Goodridge	General counsel	1 Mar 2017	Other	6321419
Pierrette Alyss Bradshaw	Chief compliance officer	1 Mar 2017	Other	6029855
John Daniel O'dea	Director	1 May 2017	Other	6825331

Indirect Owners

The SEC currently registers 6 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Midcap Financial Intermediate Holdings Trust	Sole member	1 Aug 2008	75% - 100%	26-3258950
Midcap Financial Holdings Trust	Sole beneficiary and principal trustee	1 Aug 2008	75% - 100%	26-3238313
Midcap Finco Designated Activity Company	Principal trustee	1 Jan 2015	Other	98-0330715
Midcap Finco Holdings Limited	Sole shareholder	1 Jan 2015	75% - 100%	98-1177735
Midcap Finco Intermediate Holdings Limited	Sole beneficiary	1 Dec 2015	75% - 100%	98-1270826
Midcap Finco Designated Activity Company	Sole shareholder	1 Dec 2015	75% - 100%	98-0330715

Based in Bethesda

The principal office where Midcap Financial Services Capital Management, LLC performs its advisory services is located at 7255 Woodmont Avenue,, Bethesda, MD 20814, 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 301-760-7600 or by fax 301-941-1450. The normal business hours are 9:00am to 5:30pm on Monday - Friday.