Twin Haven Capital Partners, LLC (Los Angeles)

Name: Twin Haven Capital Partners, LLC
Address: 11111 Santa Monica Boulevard, Los Angeles, CA, 90025
Telephone: 310 689-5100

Twin Haven Capital Partners, LLC is a large advisory firm based in Los Angeles. It manages $171.57 million of regulatory assets for 5 client accounts. It has been registered with the SEC as an adviser since 2012 and has operated in the jurisdictions of California and Connecticut.

Twin Haven Capital Partners 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.

Twin Haven Capital Partners: assets under management

The assets under management (AUM) of Twin Haven Capital Partners, LLC is $171.57 million, all of which is managed in discretionary accounts. The firm's AUM has gone down by -73% since the beginning of its operation, and $10.86 million of the total AUM is attributable to clients outside of the United States.

The firm manages $171.57 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $34.31 million each.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Twin Haven Capital Partners, LLC 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 Twin Haven Capital Partners serves?

The only and largest group of clients of Twin Haven Capital Partners is pooled investment vehicles with 4 clients and $171.57 million of assets under management. Among the 11 most similar advisory firms, Twin Haven Capital Partners has the highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $171.57 million for 4 clients. 50% of the firm’s clients are foreign persons or businesses.

Twin Haven Capital Partners also advises several private funds. Namely, two hedge funds. The minimum investment commitment required of non-related persons is $1,000,000 for each fund.

Careers at Twin Haven Capital Partners, LLC

The company employs 5 people that are either part- or full-time employees. 60 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
Dtd 12/9/96 The Robert And Julie Webster Living Trust	Member	1 Oct 2009	50% - 75%	55-8413103
Dtd 5/24/99 The Paul And Valerie Mellinger Trust	Member	1 Oct 2009	50% - 75%	10-0565258
Paul Laurence Mellinger	Senior managing director	1 Oct 2009	Other	6027879
Robert Bertram Webster	Senior managing director	1 Oct 2009	Other	5508458
Michael David Vinci	Chief compliance officer , chief operating officer, chief financial officer	1 Nov 2009	Other	6027878

Indirect Owners

The SEC currently registers 2 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Robert Bertram Webster	Trustee	1 Dec 1996	Other	5508458
Paul Laurence Mellinger	Trustee	1 May 1999	Other	6027879

Based in Los Angeles

The principal office where Twin Haven Capital Partners, LLC performs its advisory services is located at 11111 Santa Monica Boulevard, Los Angeles, CA 90025, which is also the mailing address of the firm. An additional office of the firm is in Fairfield, CT. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 310 689-5100. The normal business hours are 8 am to 5 pm on Monday - Friday. You can find more information about the New York firm at twinhavencap.com/.