Lehman Brothers Private Equity Advisers LLC (New York)

Lehman Brothers Private Equity Advisers LLC is a mid-sized advisory firm based in New York. It manages $61.26 million of regulatory assets for 14 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdiction of New York.

Lehman Brothers Private Equity Advisers provides portfolio management for pooled investment vehicles and selection of other advisers. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Lehman Brothers Private Equity Advisers: assets under management

The assets under management (AUM) of Lehman Brothers Private Equity Advisers LLC is $61.26 million, all of which is managed in discretionary accounts. The firm's AUM has gone down by -99% since the beginning of its operation, and $6.52 million of the total AUM is attributable to clients outside of the United States.

The firm manages $61.26 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $4.38 million each.

Lehman Brothers Private Equity Advisers has custody of $462.24 million in cash and securities for 35 clients in total but doesn’t act as a qualified custodian.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Lehman Brothers Private Equity Advisers 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 Lehman Brothers Private Equity Advisers serves?

The only and largest group of clients of Lehman Brothers Private Equity Advisers is pooled investment vehicles with 14 clients and $61.26 million of assets under management. Among the 4 most similar advisory firms, Lehman Brothers Private Equity Advisers has the highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $61.26 million for 14 clients. 43% of the firm’s clients are foreign persons or businesses.

Lehman Brothers Private Equity Advisers doesn't advise any private funds.

Careers at Lehman Brothers Private Equity Advisers LLC

The company employs 2 people that are either part- or full-time employees. 50 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.

Brian Raymond Mccarthy joined the executive team most recently as the Chief Compliance Officer, Member Of Board Of Managers, And Vice President.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Lehman Brothers Holdings Inc	Member	1 Mar 2001	75% - 100%	13-3216325
Steven Lyle Berkenfeld	Manager and svp	1 Mar 2001	Other	4490811
Michael J Odrich	Manager and president	1 Mar 2001	Other	4510697
Alan H Washkowitz	Manager and svp	1 Mar 2001	Other	459567
David Goldfarb	Controller	1 Mar 2001	Other	2804447
Ian T Lowitt	Treasurer	1 Mar 2001	Other	4210205
Fred Eric Steinberg	Vice president	1 Mar 2001	Other	2171948
Deborah M Nordell	Vice president	1 Mar 2001	Other	4627939
Michael James Odrich	Manager and president	1 Mar 2001	Other	4510697
Alan Hersh Washkowitz	Manager and svp	1 Mar 2001	Other	459567
Deborah Michelle Nordell	Vice president	1 Mar 2001	Other	4627939
Howard R. Plotkin	Chief compliance officer	1 Sep 2003	Other	1970722
Howard Russ Plotkin	Chief compliance officer	1 Sep 2003	Other	1970722
Cindy Zee Michel	Chief compliance officer	1 Jul 2004	Other	4661808
Jerome Truzzolino	Vice president	1 Sep 2005	Other	4407985
Garrett Scott Ho	Chief compliance officer	1 Apr 2007	Other	5327424
Deborah Michelle Nordell	Chief financial officer	1 Sep 2008	Other	4627939
Jack Daniel Mccarthy	Chief executive officer	1 Sep 2008	Other	2562228
Ashvin Bolineni Rao	Chief compliance officer	1 Sep 2008	Other	5060824
Catherine Valerie Muller	Chief administrative officer	1 Sep 2008	Other	2548851
Bryan Paul Marsal	Member of the board of managers and ceo	1 Dec 2008	Other	1772076
William Jay Fox	Member of board of managers, evp and cfo	1 Dec 2008	Other	5060017
Douglas James Lambert	Vice president	1 Jan 2010	Other	5785760
Ashvin Bolineni Rao	Chief compliance officer and vice president	1 Nov 2010	Other	5060824
John Kingsland Suckow	Member of board of managers, president and coo	1 Nov 2010	Other	5667603
Brian Raymond Mccarthy	Chief compliance officer, member of board of managers, and vice president	1 Jan 2014	Other	5365743
Deborah Michelle Nordell	Vice president, member of the board of managers	1 Jan 2014	Other	4627939

Indirect Owners

The SEC currently registers 1 indirect owner.

Name	Entity	Date acquired	Ownership	Employer ID
Lehman Brothers Holdings Inc. Plan Trust	Shareholder	1 Mar 2012	75% - 100%	30-6315144

Based in New York

The principal office where Lehman Brothers Private Equity Advisers LLC performs its advisory services is located at 277 Park Avenue, New York, NY 10172, 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 646-285-9000 or by fax 646-607-9393. The normal business hours are 9am - 5pm on Monday - Friday.