Bain Capital Ventures, LP (Boston)

Name: Bain Capital Ventures, LP
Address: 200 Clarendon Street, Boston, MA, 02116
Telephone: 617-516-2318

Bain Capital Ventures, LP is a large advisory firm based in Boston. It manages $4.74 billion of regulatory assets for 12 client accounts. It has been registered with the SEC as an adviser since 2015 and has operated in the jurisdiction of Massachusetts.

Bain Capital Ventures 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.

Bain Capital Ventures: assets under management

The assets under management (AUM) of Bain Capital Ventures, LP is $4.74 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 51% since the beginning of its operation, and $3.07 billion of the total AUM is attributable to clients outside of the United States.

The firm manages $4.74 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $394.61 million each.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Bain Capital Ventures, LP for their services and products based on a percentage of assets under management. 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 Bain Capital Ventures serves?

The only and largest group of clients of Bain Capital Ventures is pooled investment vehicles with 12 clients and $4.74 billion of assets under management. Among the 11 most similar advisory firms, Bain Capital Ventures has the 4th highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $4.74 billion for 12 clients. 58% of the firm’s clients are foreign persons or businesses.

Bain Capital Ventures also advises several private funds. Namely, twelve venture capital funds. The minimum investment commitment required of non-related persons ranges from $3,000,000 to $5,000,000.

Careers at Bain Capital Ventures, LP

The company employs 59 people that are either part- or full-time employees. 46 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
Michael Alan Krupka	Managing director	1 Dec 1997	Other	5125779
Jay Paul Corrigan	Chief financial officer	1 Jan 2006	Other	5457251
Ajay Nmn Agarwal	Managing director	1 Jan 2006	Other	6662746
J Benjamin Harding Nye	Managing director	1 Jan 2006	Other	1797874
Paul Kurt Zurlo	Managing director and chief operating officer	1 Jan 2014	Other	5903173
Sean Michael Doherty	Managing director, general counsel and chief compliance officer	1 Sep 2015	Other	5457249
Lp Bain Capital	Limited partner	1 Nov 2015	75% - 100%	04-3511291
Llc Bain Capital Ventures (Gp)	General partner	1 Nov 2015	Other	47-5062146
Llc Bain Capital Ventures Partners (Gp)	General partner	1 Nov 2015	Other	47-5062146
David Mark Hutchins	General counsel	1 Jan 2016	Other	6632015
Scott Franklin Weisman	Global chief compliance officer and senior regulatory counsel	1 Jul 2016	Other	6683283
Scott Franklin Weisman	Managing director and global chief compliance officer	1 Jan 2018	Other	6683283
Andrew William Cleverdon	Chief financial officer	1 Jan 2018	Other	6928035

Indirect Owners

The SEC currently registers 13 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Joshua Nmn Bekenstein	Partner	1 Oct 1984	Other	5458226
Joshua Bekenstein	Member	1 Oct 1984	Other	5458226
Stephen Gerard Pagliuca	Partner	1 Sep 1989	Other	4344369
John Patrick Connaughton	Partner	1 Dec 1997	Other	4343603
Jonathan Scott Lavine	Partner	1 Dec 1997	Other	1869945
Dwight Macvicar Poler	Partner	1 Oct 1999	Other	1748689
Steven William Barnes	Partner	1 Jan 2001	Other	5458225
William Edward Pappendick Iv	Member	1 Jan 2002	Other	5458838
Michael De Courcy Ward	Partner	1 Jan 2005	Other	5458255
Sean Michael Doherty	Partner	1 Jan 2005	Other	5457249
Jeffrey Brooks Hawkins	Member	1 Jan 2008	Other	5458588
Llc Bain Capital (Gp)	General partner	1 Nov 2015	Other	47-5051499
Lp Bain Capital Holdings	Limited partner	1 Nov 2015	75% - 100%	81-1074169

Based in Boston

The principal office where Bain Capital Ventures, LP performs its advisory services is located at 200 Clarendon Street, Boston, MA 02116, which is also the mailing address of the firm. An additional office of the firm is in Palo Alto, CA. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 617-516-2318 or by fax 617-516-2289. The normal business hours are 7:30am-8:00pm on Monday - Friday. You can find more information about the New York firm at baincapitalventures.com.