Acon Equity Management L.L.C. (Washington)

Name: Acon Equity Management L.L.C.
Address: 1133 Connecticut Ave, Nw, Washington, DC, 20036
Telephone: 202-454-1100

Acon Equity Management L.L.C. is a large advisory firm based in Washington. It manages $2.81 billion of regulatory assets for 22 client accounts. It has been registered with the SEC as an adviser since 2012 and has operated in the jurisdictions of California and District of Columbia.

Acon Equity Management L.L.C 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.

Acon Equity Management L.L.C: assets under management

The assets under management (AUM) of Acon Equity Management L.L.C. is $2.81 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 782% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $2.81 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $127.71 million each.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Acon Equity Management L.L.C. 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 Acon Equity Management L.L.C serves?

The only and largest group of clients of Acon Equity Management L.L.C is pooled investment vehicles with 22 clients and $2.81 billion of assets under management. Among the 13 most similar advisory firms, Acon Equity Management L.L.C has the highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $2.81 billion for 22 clients. 5% of the firm’s clients are foreign persons or businesses.

Acon Equity Management L.L.C also advises several private funds. Namely, twenty two private equity funds. The minimum investment commitment required of non-related persons ranges from $500,000 to $5,000,000.

Careers at Acon Equity Management L.L.C.

The company employs 39 people that are either part- or full-time employees. 62 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
Bernard Aronson	Managing member	1 Jan 2012	Other	5907220
Kenneth Ross Brotman	Managing member	1 Jan 2012	Other	1936904
Daniel Jinich	Managing member	1 Jan 2012	Other	5994317
Andre Bhatia	Managing member	1 Jan 2012	Other	2387406
Jonathan Ginns	Managing member	1 Jan 2012	Other	5907218
Acon Investments Management Llc	Member	1 Jan 2012	50% - 75%	20-3406585
Barry Edwin Johnson	Cfo	1 Jan 2012	Other	4677654
L.L.C. Acon Investments Management	Member	1 Jan 2012	50% - 75%	20-3406585
Teresa Young Bernstein	Cco, clo	1 Jul 2013	Other	6029501
Aron Ira Schwartz	Managing partner	1 Jul 2014	Other	2935491
Kwame Akini Lewis	Acting cfo	1 Dec 2016	Other	6776597
Kwame Akini Lewis	Cfo	1 Jan 2018	Other	6776597

Indirect Owners

The SEC currently registers 3 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Bernard Aronson	Managing member	1 Oct 2008	25% - 50%	5907220
Kenneth Ross Brotman	Managing member	1 Oct 2008	25% - 50%	1936904
Jonathan Ginns	Managing member	1 Oct 2008	25% - 50%	5907218

Based in Washington

The principal office where Acon Equity Management L.L.C. performs its advisory services is located at 1133 Connecticut Ave, Nw, Washington, DC 20036, 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 202-454-1100 or by fax 202-454-1101. The normal business hours are 9-5 on Monday - Friday. You can find more information about the New York firm at aconinvestments.com.