Cr Group L.P. is a large advisory firm based in Houston. It manages $2.91 billion of regulatory assets for 12 client accounts. It has been registered with the SEC as an adviser since 2018 and has operated in the jurisdictions of Colorado and Texas.
Cr Group 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.
The assets under management (AUM) of Cr Group L.P. is $2.91 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 37% since the beginning of its operation, and $1.99 billion of the total AUM is attributable to clients outside of the United States.
The advisory firm has several streams of revenue. Clients pay Cr Group L.P. for their services and products based on a percentage of assets under management, fixed fees, and performance-based fees. Flat-fee based compensation is the most transparent and the one you can safely predict in advance. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.
The only and largest group of clients of Cr Group is pooled investment vehicles with 12 clients and $2.91 billion of assets under management. Among the 12 most similar advisory firms, Cr Group has the 6th highest percentage of pooled investment vehicles out of all clients.
The amount of regulatory assets under management is $2.91 billion for 12 clients. 64% of the firm’s clients are foreign persons or businesses.
Cr Group also advises several private funds. Namely, twelve private equity funds. The minimum investment commitment required of non-related persons ranges from $20,000 to $500,000,000.
The company employs 23 people that are either part- or full-time employees. 65 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.
The principal office where Cr Group L.P. performs its advisory services is located at 1000 Main Street, Suite 2500, Houston, TX 77002 6340, which is also the mailing address of the firm. An additional office of the firm is in New York, NY. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 713-209-7350 or by fax 713-209-7351. The normal business hours are 8:30am - 5:30pm central time on Monday - Friday. You can find more information about the New York firm at crglp.com and its LinkedIn profile.