Bvf Partners L.P. (San Francisco)

Name: Bvf Partners L.P.
Address: 44 Montgomery Street, San Francisco, CA, 94104 4436
Telephone: 415-525-8830

Bvf Partners L.P. is a large advisory firm based in San Francisco. It manages $1.42 billion of regulatory assets for 7 client accounts. It has been registered with the SEC as an adviser since 2013 and has operated in the jurisdictions of California and Texas.

Bvf Partners 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.

Bvf Partners: assets under management

The assets under management (AUM) of Bvf Partners L.P. is $1.42 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 84% since the beginning of its operation, and $87.49 million of the total AUM is attributable to clients outside of the United States.

The firm manages $1.42 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $203.15 million each.

Bvf Partners has custody of $1.26 billion in cash and securities for 4 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in exchange traded securities the most. They account for 82% of the total AUM. The second-largest asset type is non-exchange traded securities, which make up 8% of the firm’s portfolio. Investments in cash and cash equivalents form 4% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Bvf Partners 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 Matthew Perry serves?

The only and largest group of clients of Matthew Perry is pooled investment vehicles with 4 clients and $1.26 billion of assets under management. Among the 8 most similar advisory firms, Bvf Partners has the 2nd highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $1.26 billion for 4 clients. 14% of the firm’s clients are foreign persons or businesses.

Bvf Partners also advises several private funds. Namely, four hedge funds. The minimum investment commitment required of non-related persons ranges from $2,500,000 to $25,000,000.

Careers at Bvf Partners L.P.

The company employs 12 people that are either part- or full-time employees. 75 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.

Matthew Perry has been acting as President since 1 Mar 2014. Jason Robert Mccune joined the executive team most recently as the Chief Operating Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Bvf Inc.	General partner	1 Nov 1993	75% - 100%	94-3184501
Mark Nathan Lampert	Chief executive officer	1 Nov 1993	Other	2142459
Spike Nasmyth Loy	Chief compliance officer	1 Jun 2011	Other	5929618
Matthew Perry	President	1 Mar 2014	Other	6310521
Mitchell D Kaye	Chief operating officer	1 Jan 2016	Other	2742349
James Geoffrey Kratky	Chief compliance officer	1 May 2017	Other	4752687
Jason Robert Mccune	Chief operating officer	1 Jul 2019	Other	4347483

Indirect Owners

The SEC currently registers 1 indirect owner.

Name	Entity	Date acquired	Ownership	Employer ID
Mark Nathan Lampert	Shareholder	1 Aug 1993	75% - 100%	2142459

Based in San Francisco

The principal office where Bvf Partners L.P. performs its advisory services is located at 44 Montgomery Street, San Francisco, CA 94104 4436, 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 415-525-8830 or by fax 415-288-2394. 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 bvflp.com.