Mc Credit Partners LP (Stamford)


Mc Credit Partners LP is a large advisory firm based in Stamford. It manages $1.07 billion of regulatory assets for 4 client accounts. It has been registered with the SEC as an adviser since 2014 and has operated in the jurisdiction of Connecticut.

Mc Credit Partners 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.

Mc Credit Partners: assets under management

The assets under management (AUM) of Mc Credit Partners LP is $1.07 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 76% since the beginning of its operation, and $50 million of the total AUM is attributable to clients outside of the United States.

The firm manages $1.07 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $268.11 million each.
Mc Credit Partners has custody of $1.07 billion in cash and securities for 4 clients in total but doesn’t act as a qualified custodian.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Mc Credit Partners 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 Mc Credit Partners serves?

The only and largest group of clients of Mc Credit Partners is pooled investment vehicles with 4 clients and $1.07 billion of assets under management. Among the 10 most similar advisory firms, Mc Credit Partners has the highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $1.07 billion for 4 clients. 25% of the firm’s clients are foreign persons or businesses.

Mc Credit Partners also advises several private funds. Namely, five other private funds. The minimum investment commitment required of non-related persons ranges from $2,500,000 to $5,000,000.

Careers at Mc Credit Partners LP

The company employs 17 people that are either part- or full-time employees. 76 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.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Llc Kendall Mcp Limited partner 1 May 2013 Other 30-0119870
Mc Management Partners Lp General partner 1 May 2013 75% - 100% 46-2752637
Jonathan David Tunis General counsel, chief compliance officer and managing director 1 May 2013 Other 5265134
Purvang Desai Fund chief financial officer 1 Jul 2014 Other 6462493
Sean Chao Chief compliance officer and associate general counsel 1 Oct 2017 Other 6875501
Sean Chao General counsel and chief compliance officer 1 Nov 2017 Other 6875501

Indirect Owners

The SEC currently registers 6 indirect owners.

Name Entity Date acquired Ownership Employer ID
Louis Moore Bacon Member 1 Oct 2002 75% - 100% 1243305
Llc Kendall Family Investments Sole member 1 Mar 2013 75% - 100% 30-0119870
Ashok Nayyar Limited partner 1 May 2013 50% - 75% 1859732
Mc Partners Gp Llc General partner 1 May 2013 Other 46-2762855
Llc Kendall Family Investments Sole member 1 May 2013 75% - 100% 30-0119870
Louis Moore Bacon Member 1 May 2013 75% - 100% 1243305

Based in Stamford

The principal office where Mc Credit Partners LP performs its advisory services is located at 2200 Atlantic Street, Stamford, CT 06902 6834, 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 (203) 989-9700 or by fax (203) 989-9701. The normal business hours are 8:30 a.m. - 5:30 p.m. on Monday - Friday. You can find more information about the New York firm at mccp.com.