Bentallgreenoak (U.S.) Limited Partnership (Seattle)


Bentallgreenoak (U.S.) Limited Partnership is a large advisory firm based in Seattle. It manages $14.09 billion of regulatory assets for 11 client accounts. It has been registered with the SEC as an adviser since 2019 and has operated in the jurisdictions of California, Delaware, Illinois, and 4 other states.

Bentallgreenoak (U.S.) Limited Partnership provides portfolio management for pooled investment vehicles, portfolio management for businesses and institutional clients, and all services provided are real estate related investment advisory services. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Bentallgreenoak (U.S.) Limited Partnership: assets under management

The assets under management (AUM) of Bentallgreenoak (U.S.) Limited Partnership is $14.09 billion. $497 million of the total AUM is attributable to clients outside of the United States.

The firm manages $1.44 billion in discretionary accounts and $12.65 billion in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $480 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $1.58 billion.
Bentallgreenoak (U.S.) Limited Partnership has custody of $33.69 million in cash and securities for 8 clients in total and its related person acts as a qualified custodian.

Investments

The firm invests in other assets the most. They account for 99% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 1% of the firm’s portfolio.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Bentallgreenoak (U.S.) Limited Partnership 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 Bentallgreenoak (U.S.) Limited Partnership serves?

The firm provides services to insurance companies, investment companies, banking or thrift institutions, and pension and profit sharing plans. The largest group of clients of Bentallgreenoak (U.S.) Limited Partnership is banking or thrift institutions with 2 clients and $10.83 billion of assets under management. Among the 9 most similar advisory firms, Bentallgreenoak (U.S.) Limited Partnership has the highest percentage of banking or thrift institutions out of all clients.

The amount of regulatory assets under management is $14.09 billion for 11 clients. 36% of the firm’s clients are foreign persons or businesses.

Bentallgreenoak (U.S.) Limited Partnership also advises several private funds. Namely, two other private funds. The minimum investment commitment required of non-related persons ranges from $1,000,000 to $5,000,000.

Careers at Bentallgreenoak (U.S.) Limited Partnership

The company employs 151 people that are either part- or full-time employees. 9 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 compensates employees in addition to the salary for bringing in new clients. Employees receive compensation from other entities for client referrals.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Bentallgreenoak (U.S.) G.P. Llc General partner 1 Aug 2006 Other 20-5270592
Gary Neil Whitelaw Group chief executive officer and director of the board 1 Jun 2011 Other 5210080
Inc. Sun Life Investment Management U.S. Limited partner 1 Jun 2012 50% - 75% 68-0635051
Matthew George Angus Campbell Managing director, co-general counsel, chief compliance officer 1 May 2014 Other 6279758
Stephen C Peacher Director and chair of the board 1 Sep 2015 Other 1567536
Melissa Kennedy Director of the board 1 Sep 2015 Other 6565848
Richard James Crofts Chief financial officer 1 Oct 2015 Other 5906467
Amy Gunther Price Managing partner, co-head of us 1 Jan 2016 Other 2378816
Benjamin Macbrien Gray Managing director, co-general counsel 1 Apr 2019 Other 7033470
Andrew Young Yoon Chief operating officer 1 Jul 2019 Other 4007049
Karamjit Singh Kalsi President and director of the board 1 Jul 2019 Other 2085405
Christopher J Niehaus Managing partner, co-head of us 1 Jul 2019 Other 2036937
Go Equity 1 Lp Limited partner 1 Jul 2019 25% - 50% 83-3403944
Thomas Peter Murphy Director of the board 1 Jul 2019 Other 5981342
Colm Joseph Freyne Director of the board 1 Jul 2019 Other 6047987
Kevin D. Strain Director of the board 1 Jul 2019 Other 6821867
Reade Eugene Griffith Director of the board 1 Jul 2019 Other 3155603

Indirect Owners

The SEC currently registers 19 indirect owners.

Name Entity Date acquired Ownership Employer ID
Karamjit Singh Kalsi Limited partner 1 May 2010 75% - 100% 2085405
Sun Life Financial Inc. Sole shareholder 1 Sep 2015 75% - 100% 98-02260074
Sun Life Global Investments Inc. Sole shareholder 1 Sep 2015 75% - 100% 98-02260074
Inc. Sun Life Assurance Company Of Canada U.S. Operations Holdings Sole shareholder 1 Sep 2015 75% - 100% 04-3401283
Inc. Sun Life Financial (U.S.) Holdings Sole shareholder 1 Sep 2015 75% - 100% 04-3579262
Sun Life Financial (U.S.) Investments Llc Sole shareholder 1 Sep 2015 75% - 100% 04-3401283
Sun Life 2007 1 Financing Corp. Sole shareholder 1 Nov 2016 75% - 100% 98-0645594
Go Equity Gp Llc General partner 1 Jul 2019 Other 83-3449259
Llc Dharma Real Estate Limited partner 1 Jul 2019 25% - 50% 80-0550109
John Anthony Carrafiell Limited partner 1 Jul 2019 25% - 50% 1748512
Inc. Sun Life Investment Management U.S. Owner 1 Jul 2019 75% - 100% 68-0635051
Tetragon Go Equity Holdings Lp Limited partner 1 Jul 2019 25% - 50% 83-3963543
Tetragon Bgo Holdings Ii Llc Limited partner 1 Jul 2019 75% - 100% 84-2170700
Tetragon Capital Management Llc Owner 1 Jul 2019 75% - 100% 80-0866348
Llc Tetragon Go Equity Holdings Gp General partner 1 Jul 2019 Other 84-2491909
Polygon Global Management Limited Owner 1 Jul 2019 75% - 100% 98-0669583
Tetragon Financial Group Limited Owner 1 Jul 2019 75% - 100% 98-0465086
Tfg Asset Management Lp Owner 1 Jul 2019 75% - 100% 98-0646180
Polygon Topco Ltd Owner 1 Jul 2019 75% - 100% 98-1078104

Based in Seattle

The principal office where Bentallgreenoak (U.S.) Limited Partnership performs its advisory services is located at 1201 Third Avenue, Seattle, WA 98101, which is also the mailing address of the firm. An additional office of the firm is in Boston, MA. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 206-623-4739 or by fax 206-832-2888. The normal business hours are 8:00 am -5:00 pm on Monday - Friday. You can find more information about the New York firm at bentallkennedy.com.