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

Name: Bentallgreenoak (U.S.) Limited Partnership
Address: 1201 Third Avenue, Seattle, WA, 98101
Telephone: 206-623-4739

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. 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 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.