Foxhaven Asset Management, LP (Charlottesville)

Name: Foxhaven Asset Management, LP
Address: 550 E Water Street, Charlottesville, VA, 22902
Telephone: (434) 326-5300

Foxhaven Asset Management, LP is a large advisory firm based in Charlottesville. It manages $2.59 billion of regulatory assets for 5 client accounts. It has been registered with the SEC as an adviser since 2013 and has operated in the jurisdictions of Connecticut and Virginia.

Foxhaven Asset 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.

Foxhaven Asset Management: assets under management

The assets under management (AUM) of Foxhaven Asset Management, LP is $2.59 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 315% since the beginning of its operation, and $1.49 billion of the total AUM is attributable to clients outside of the United States.

The firm manages $2.59 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $518.07 million each.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Foxhaven Asset Management, LP 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 Foxhaven Asset Management serves?

The only and largest group of clients of Foxhaven Asset Management is pooled investment vehicles with 5 clients and $2.59 billion of assets under management. Among the 9 most similar advisory firms, Foxhaven Asset Management has the 4th highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $2.59 billion for 5 clients. 40% of the firm’s clients are foreign persons or businesses.

Foxhaven Asset Management also advises several private funds. Namely, three hedge funds. The minimum investment commitment required of non-related persons is $10,000,000 for each fund.

Careers at Foxhaven Asset Management, LP

The company employs 9 people that are either part- or full-time employees. 56 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
Michael Alan Pausic	Principal/limited partner	1 Apr 2013	50% - 75%	1980866
Nicholas Frederick Lawler	Principal/limited partner	1 Apr 2013	25% - 50%	6241179
Michael (Nmn) Gennaro	Chief compliance officer/chief operating officer/chief financial officer/limited partner	1 Aug 2013	Other	4557113
Llc P&L	General partner	1 Aug 2013	Other	11-1111111
Llc Piedmont P&L	General partner	1 Sep 2013	Other	32-0418799
Joshua Brian Weiner	Analyst/limited partner	1 Oct 2013	Other	4220983

Indirect Owners

The SEC currently registers 2 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Michael Alan Pausic	Managing member	1 Aug 2013	50% - 75%	1980866
Nicholas Frederick Lawler	Managing member	1 Aug 2013	25% - 50%	6241179

Based in Charlottesville

The principal office where Foxhaven Asset Management, LP performs its advisory services is located at 550 E Water Street, Charlottesville, VA 22902, which is also the mailing address of the firm. An additional office of the firm is in Greenwich, CT. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number (434) 326-5300. The normal business hours are 9:00 am - 5:00 pm on Monday - Friday. You can find more information about the New York firm at foxhavencap.com/.