Finepoint Capital LP (Boston)

Name: Finepoint Capital LP
Address: 500 Boylston Street, 24 Th Floor, Boston, MA, 02116
Telephone: 617-336-2200

Finepoint Capital LP is a large advisory firm based in Boston. It manages $2.61 billion of regulatory assets for 2 client accounts. It has been registered with the SEC as an adviser since 2014 and has operated in the jurisdiction of Massachusetts.

Finepoint Capital 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.

Finepoint Capital: assets under management

The assets under management (AUM) of Finepoint Capital LP is $2.61 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 1201% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $2.61 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $1.31 billion each.

Finepoint Capital has custody of $2.61 billion in cash and securities for 2 clients in total but doesn’t act as a qualified custodian.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Finepoint Capital 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 Finepoint Capital serves?

The only and largest group of clients of Finepoint Capital is pooled investment vehicles with 2 clients and $2.61 billion of assets under management. Among the 10 most similar advisory firms, Finepoint Capital has the 2nd highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $2.61 billion for 2 clients. None of the firm’s clients are foreign persons or businesses.

Finepoint Capital also advises several private funds. Namely, two hedge funds. The minimum investment commitment required of non-related persons is $10,000,000 for each fund.

Careers at Finepoint Capital LP

The company employs 18 people that are either part- or full-time employees. 67 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
Herbert Schwind Wagner	Managing partner (chief executive officer)	1 Mar 2013	50% - 75%	4519282
Fpcap Llc	General partner	1 Mar 2013	Other	80-0900454
Charlotte Cramer Wagner	Limited partner	1 Mar 2013	25% - 50%	6306991
Rebecca Nordhaus	Chief administrative officer	1 May 2013	Other	5567367
Steven Laurence Lefkowitz	Chief financial officer	1 Jun 2013	Other	5406186
Stacy Lynn Vezina	Chief compliance officer and general counsel	1 Feb 2014	Other	6306990
Brattle Holdings Llc	Limited partner	1 Jul 2014	Other	90-0800525

Indirect Owners

The SEC currently registers 5 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Claire Cramer Wagner 2014 Trust	Member	1 Jul 2014	25% - 50%	46-7532185
Alexandra Cramer Wagner 2014 Trust	Member	1 Jul 2014	25% - 50%	47-626750
Luke Cramer Wagner 2014 Trust	Member	1 Jul 2014	25% - 50%	46-7528968
Michael Jay Casper	Trustee	1 Jul 2014	Other	6485764
Melissa Rose Cramer Melnik	Trustee	1 Jul 2014	Other	6485780

Based in Boston

The principal office where Finepoint Capital LP performs its advisory services is located at 500 Boylston Street, 24 Th Floor, 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 617-336-2200 or by fax 617-336-2276. 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 finepointcapital.com.