Holowesko Partners Ltd. (Nassau)


Holowesko Partners Ltd. is a large advisory firm based in Nassau. It manages $3.79 billion of regulatory assets for 8 client accounts. It has been registered with the SEC as an adviser since 2010.

Holowesko 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.

Holowesko Partners: assets under management

The assets under management (AUM) of Holowesko Partners Ltd. is $3.79 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 45% since the beginning of its operation, and $3.42 billion of the total AUM is attributable to clients outside of the United States.

The firm manages $3.79 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $473.39 million each.
Holowesko Partners has custody of $2.16 billion in cash and securities for 6 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in exchange traded securities the most. They account for 93% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 6% of the firm’s portfolio. Investments in other assets form 1% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Holowesko Partners Ltd. 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 Greg Eugene Johnson serves?

The firm provides services to charitable organizations, pooled investment vehicles, and pension and profit sharing plans. The largest group of clients of Greg Eugene Johnson is pooled investment vehicles with 6 clients and $2.16 billion of assets under management. Among the 6 most similar advisory firms, Holowesko Partners has the 3rd highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $3.79 billion for 8 clients. 75% of the firm’s clients are foreign persons or businesses.

Holowesko Partners also advises several private funds. Namely, four hedge funds. The minimum investment commitment required of non-related persons is $3,000,000 for each fund.

Careers at Holowesko Partners Ltd.

The company employs 18 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.

There’s a single person 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.

Greg Eugene Johnson has been acting as President since 1 Sep 2005. Karen Catherine Zyp joined the executive team most recently as the Chief Compliance Officer.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Templeton Global Holdings Ltd. Shareholder 1 Sep 2000 Other foreign
Nicholas Frederick Brady Director 1 Sep 2000 Other 28503
Charles Bartlett Johnson Director 1 Sep 2000 Other 1239814
Mark Gordon Holowesko Director, ceo, cio 1 Nov 2000 50% - 75% 4393037
Gregory Paul Cleare Director, cfo 1 Nov 2000 Other 5864341
Richard Sean Farrington Director, portfolio manager 1 Jan 2001 Other 5864339
Stephen Geoffrey Holowesko Head trader 1 Jan 2001 Other 2785938
Ian Dennis Fair Director 1 Apr 2001 Other 6047348
Greg Eugene Johnson Director 1 Sep 2005 Other 1549998
Karen Catherine Zyp Chief compliance officer 1 Jan 2007 Other 5864340

Indirect Owners

The SEC currently registers 3 indirect owners.

Name Entity Date acquired Ownership Employer ID
Inc. Templeton International Parent 1 Oct 1992 75% - 100% 94-3173617
Inc. Templeton Worldwide Parent 1 Oct 1992 75% - 100% 94-3167260
Inc. Franklin Resources Parent 1 Oct 1992 75% - 100% 13-2670991

Based in Nassau

The principal office where Holowesko Partners Ltd. performs its advisory services is located at Shipston House, Lyford Cay, Nassau, The mailing address of the firm is Shipston House, Lyford Cay, Nassau, . The firm also has an office outside of the United States.

You can reach the main office by calling the phone number 242-362-7800 or by fax 242-362-6733. The normal business hours are 8am - 5pm on Monday - Friday. You can find more information about the New York firm at holoweskofunds.com.