Mfn Partners Management, LP (Boston)


Mfn Partners Management, LP is a large advisory firm based in Boston. It manages $1.63 billion of regulatory assets for 1 client accounts. It has been registered with the SEC as an adviser since 2018 and has operated in the jurisdiction of Massachusetts.

Mfn Partners 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.

Mfn Partners Management: assets under management

The assets under management (AUM) of Mfn Partners Management, LP is $1.63 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 4% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $1.63 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $1.63 billion each.
Mfn Partners Management has custody of $1.63 billion in cash and securities for 1 client in total but doesn’t act as a qualified custodian.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Mfn Partners 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 Mfn Partners Management serves?

The only and largest group of clients of Mfn Partners Management is pooled investment vehicles with 1 clients and $1.63 billion of assets under management. Among the 5 most similar advisory firms, Mfn Partners Management has the 2nd highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $1.63 billion for 1 clients. None of the firm’s clients are foreign persons or businesses.

Mfn Partners Management also advises several private funds. Namely, one hedge fund.

Careers at Mfn Partners Management, LP

The company employs 12 people that are either part- or full-time employees. 42 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 Frank Demichele Founder 1 Nov 2016 25% - 50% 2898434
Farhad Nanji Founder 1 Nov 2016 25% - 50% 6899463
Mfn Partners Management Llc General partner 1 Nov 2016 Other 81-4486404
Megan Hart Chief financial officer 1 Oct 2017 Other 6899472
Jonathan Paul Reisman Cco, general counsel 1 Dec 2017 Other 6895669

Based in Boston

The principal office where Mfn Partners Management, LP performs its advisory services is located at 222 Berkeley 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 617-443-2040 or by fax 857-772-7156. The normal business hours are 9-5 on Monday - Friday.