Algebris Investments (Us) Inc. (Boston)

Name: Algebris Investments (Us) Inc.
Address: 699 Boylston Street, Boston, MA, 02116
Telephone: 6175353261

Algebris Investments (Us) Inc. is a large advisory firm based in Boston. It manages $8.73 billion of regulatory assets for 8 client accounts. It has been registered with the SEC as an adviser since 2013.

Algebris Investments (Us) 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.

Algebris Investments (Us): assets under management

The assets under management (AUM) of Algebris Investments (Us) Inc. is $8.73 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 4317% since the beginning of its operation, and $8.73 billion of the total AUM is attributable to clients outside of the United States.

The firm manages $8.73 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $1.09 billion each.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Algebris Investments (Us) Inc. for their services and products based on 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 Mark Douglas Conrad serves?

The only and largest group of clients of Mark Douglas Conrad is pooled investment vehicles with 8 clients and $8.73 billion of assets under management. Among the 4 most similar advisory firms, Algebris Investments (Us) has the 2nd highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $8.73 billion for 8 clients. 100% of the firm’s clients are foreign persons or businesses.

Algebris Investments (Us) also advises several private funds.

Careers at Algebris Investments (Us) Inc.

The company employs 6 people that are either part- or full-time employees. 50 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 don’t receive compensation from other entities for client referrals.

Mark Douglas Conrad has been acting as President since 1 Sep 2013. Vincent Michael Curotto joined the executive team most recently as the Secretary.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Algebris Investments Limited	General partner / owner	1 Aug 2009	75% - 100%	foreign
Davide Renato Ugo Serra	Chief compliance officer	1 Sep 2013	Other	5911853
Mark Douglas Conrad	Director	1 Sep 2013	Other	6048914
James Friedman	Director	1 Oct 2015	Other	6902999
Alexander Stephen Lasagna	Cco/ coo	1 Feb 2018	Other	2872110
Mark Douglas Conrad	Director, president	1 Apr 2019	Other	6048914
Vincent Michael Curotto	Secretary	1 Apr 2019	Other	5010355

Indirect Owners

The SEC currently registers 6 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Algebris Investments (Luxembourg) Sarl	Owner	1 Aug 2009	75% - 100%	foreign
Davide Renato Ugo Serra	Owner	1 Aug 2009	50% - 75%	5911853
Algebris Investments (Cayman) Ltd	Owner	1 Aug 2009	75% - 100%	foreign
Eric Thierry Jean Halet	Owner	1 Aug 2009	25% - 50%	5911854
Davide Renato Ugo Serra	Owner	1 Sep 2018	75% - 100%	5911853
N1 S.A R.L.	Owner	1 Sep 2018	75% - 100%	foreign

Based in Boston

The principal office where Algebris Investments (Us) Inc. performs its advisory services is located at 699 Boylston Street, Boston, MA 02116, 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 6175353261. The normal business hours are 8am-6pm on Monday - Friday. You can find more information about the New York firm at algebris.com.