Madison Dearborn Partners, LLC (Chicago)


Madison Dearborn Partners, LLC is a large advisory firm based in Chicago. It manages $11.74 billion of regulatory assets for 34 client accounts. It has been registered with the SEC as an adviser since 2012.

Madison Dearborn Partners provides portfolio management for pooled investment vehicles and management of private equity funds. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Madison Dearborn Partners: assets under management

The assets under management (AUM) of Madison Dearborn Partners, LLC is $11.74 billion, all of which is managed in discretionary accounts. The firm's AUM has gone down by -15% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $11.74 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $345.4 million each.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Madison Dearborn Partners, LLC 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 John Anthony Canning serves?

The only and largest group of clients of John Anthony Canning is pooled investment vehicles with 34 clients and $11.74 billion of assets under management. Among the 6 most similar advisory firms, Madison Dearborn Partners has the highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $11.74 billion for 34 clients. 21% of the firm’s clients are foreign persons or businesses.

Madison Dearborn Partners also advises several private funds. Namely, thirty four private equity funds. The minimum investment commitment required of non-related persons ranges from $12,000 to $50,000,000.

Careers at Madison Dearborn Partners, LLC

The company employs 57 people that are either part- or full-time employees. 75 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.

John Anthony Canning has been acting as President since 1 Jan 2004. Elizabeth Quadros Betten joined the executive team most recently as the Managing Director.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Nicholas William Alexos Member 1 Dec 1992 Other 6029495
Robin Paul Selati Member 1 Dec 1992 Other 1875157
James Nugent Perry Managing director 1 Aug 1998 Other 6028190
Timothy Patrick Sullivan Managing director 1 Aug 1998 Other 6028194
Nicholas William Alexos Managing director 1 Aug 1998 Other 6029495
Robin Paul Selati Managing director 1 Aug 1998 Other 1875157
Thomas S. Souleles Managing director 1 Jan 2000 Other 2170413
Timothy Marc Hurd Managing director 1 Jan 2000 Other 4228358
John Anthony Canning Chairman 1 Jan 2004 Other 4228264
Mark Bernard Tresnowski Managing director and general counsel 1 Mar 2005 Other 6028184
Douglas Copelin Grissom Managing director 1 Jun 2007 Other 1632700
Michael Philip Cole Managing director 1 Jun 2007 Other 6029503
Patrick Christopher Eilers Managing director 1 Jun 2007 Other 3083932
Samuel Merkin Mencoff Co-chief executive officer 1 Oct 2007 Other 6028180
Paul James Finnegan Co-chief executive officer 1 Oct 2007 Other 6028183
Vahe Alex Dombalagian Managing director 1 Jun 2008 Other 6029504
John Eric Knutsen Managing director 1 Oct 2008 Other 6029505
Karla Jean Bullard Director and chief accounting officer 1 Jan 2010 Other 5481463
Annie Sze Yao Terry Director, assistant general counsel and chief compliance officer 1 Jan 2011 Other 4869498
Zaid Fadhil Alsikafi Managing director 1 Jul 2011 Other 2928126
Annie Sze Yao Terry Principal, deputy general counsel and chief compliance officer 1 Jan 2014 Other 4869498
Karla Jean Bullard Principal and chief financial officer 1 Jan 2014 Other 5481463
Thomas Macejko Managing director 1 Jan 2014 Other 6317763
Richard Harris Copans Managing director 1 Dec 2014 Other 3107152
Elizabeth Quadros Betten Managing director 1 Jan 2017 Other 6926515
Scott George Pasquini Managing director 1 Jan 2017 Other 4426661
Matthew W Norton Managing director 1 Jan 2017 Other 4426582
Matthew William Raino Managing director 1 Jan 2017 Other 4244907

Based in Chicago

The principal office where Madison Dearborn Partners, LLC performs its advisory services is located at 70 West Madison St., Suite 4600, Chicago, IL 60602, 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 312-895-1000 or by fax 312-895-1001. The normal business hours are 8:15am to 5:00pm on Monday - Friday. You can find more information about the New York firm at mdcp.com.