Silverpeak Real Estate Partners L.P. (New York)


Silverpeak Real Estate Partners L.P. is a large advisory firm based in New York. It manages $908.6 million of regulatory assets for 31 client accounts. It has been registered with the SEC as an adviser since 2012 and has operated in the jurisdictions of Georgia and New York.

Silverpeak Real Estate Partners provides portfolio management for pooled investment vehicles and portfolio mgmt to separately managed accounts. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Silverpeak Real Estate Partners: assets under management

The assets under management (AUM) of Silverpeak Real Estate Partners L.P. is $908.6 million, all of which is managed in discretionary accounts. The firm's AUM has gone down by -70% since the beginning of its operation, and $75.9 million of the total AUM is attributable to clients outside of the United States.

The firm manages $908.6 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $29.31 million each.
Silverpeak Real Estate Partners has custody of $888.5 million in cash and securities for 28 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in other assets the most. They account for 68% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 32% of the firm’s portfolio.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Silverpeak Real Estate Partners L.P. 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 Silverpeak Real Estate Partners serves?

The only and largest group of clients of Silverpeak Real Estate Partners is pooled investment vehicles with 29 clients and $839.2 million of assets under management. Among the 9 most similar advisory firms, Silverpeak Real Estate Partners has the 5th highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $839.2 million for 29 clients. 29% of the firm’s clients are foreign persons or businesses.

Silverpeak Real Estate Partners also advises several private funds. Namely, twenty one real estate funds. The minimum investment commitment required of non-related persons ranges from $250,000 to $10,000,000.

Careers at Silverpeak Real Estate Partners L.P.

The company employs 36 people that are either part- or full-time employees. 58 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
Brett Bossung Executive committee member 1 May 2010 Other 2158928
Rodolpho Amboss Chief compliance officer & executive committee member 1 May 2010 Other 2938640
Repe Cp Manage Co Llc General partner 1 May 2010 Other 27-1624928
Llc Bxb 8 Limited partner 1 May 2010 25% - 50% 27-2609662
Mw Repe Holding Llc Limited partner 1 May 2010 25% - 50% 2039084
Reic Alpha (Usa) Holdings Llc Limited partner 1 May 2010 Other 27-0868320
Mark Albert Walsh Executive committee member 1 May 2010 Other 2039084
Mark H Newman Executive committee member 1 May 2010 Other 6013984

Indirect Owners

The SEC currently registers 5 indirect owners.

Name Entity Date acquired Ownership Employer ID
Brett Bossung Grantor 1 Jan 2009 75% - 100% 2158928
Brett (Nmn) Bossung Grantor 1 Jan 2009 75% - 100% 2158928
Rodolpho Amboss Managing member 1 Sep 2009 75% - 100% 2938640
Mark Albert Walsh Managing member 1 Dec 2009 75% - 100% 2039084
Bxb2 2009 Nevada Trust Non-managing meber 1 May 2010 75% - 100% 27-6259145

Based in New York

The principal office where Silverpeak Real Estate Partners L.P. performs its advisory services is located at 40 West 57 Th Street, New York, NY 10019, which is also the mailing address of the firm. An additional office of the firm is in Atlanta, GA. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 212-716-2000 or by fax 212-716-2001. 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 silverpeakre.com/ and its LinkedIn profile.