The Rock Creek Group, LP is a large advisory firm based in Washington. It manages $14.31 billion of regulatory assets for 42 client accounts. It has been registered with the SEC as an adviser since 2004.
The Rock Creek Group provides portfolio management for pooled investment vehicles, portfolio management for businesses and institutional clients, and investment advisory services to endowments, foundations, other institutional investors and 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.
The assets under management (AUM) of The Rock Creek Group, LP is $14.31 billion. The firm's AUM has grown by 2114% since the beginning of its operation, and $1.76 billion of the total AUM is attributable to clients outside of the United States.
The advisory firm has several streams of revenue. Clients pay The Rock Creek Group, LP for their services and products based on a percentage of assets under management, fixed fees, 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.
The firm provides services to charitable organizations, pooled investment vehicles, pension and profit sharing plans, and state or municipal government entities. The largest group of clients of The Rock Creek Group is pooled investment vehicles with 21 clients and $7.22 billion of assets under management. Among the 7 most similar advisory firms, The Rock Creek Group has the 3rd highest percentage of pooled investment vehicles out of all clients.
The amount of regulatory assets under management is $13.29 billion for 31 clients. 39% of the firm’s clients are foreign persons or businesses.
The Rock Creek Group also advises several private funds. Namely, twelve hedge funds and eight other private funds. The minimum investment commitment required of non-related persons ranges from $25,000 to $1,000,000,000.
The company employs 74 people that are either part- or full-time employees. 41 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.
The principal office where The Rock Creek Group, LP performs its advisory services is located at 1133 Connecticut Ave., N.W., Washington, DC 20036, which is also the mailing address of the firm. An additional office of the firm is in New York, NY. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 202-331-3400 or by fax 202-331-3420. The normal business hours are 8am-6pm on Monday - Friday. You can find more information about the New York firm at therockcreekgroup.com.