Starr Private Equity Partners, LLC (New York)


Starr Private Equity Partners, LLC is a large advisory firm based in New York. It manages $1.94 billion of regulatory assets for 15 client accounts. It has been registered with the SEC as an adviser since 2018.

Starr Private Equity Partners provides portfolio management for pooled investment vehicles, portfolio management for businesses and institutional clients, 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.

Starr Private Equity Partners: assets under management

The assets under management (AUM) of Starr Private Equity Partners, LLC is $1.94 billion. $906.38 million of the total AUM is attributable to clients outside of the United States.

Starr Private Equity Partners has custody of $683.52 million in cash and securities for 11 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in pooled investment vehicles the most. They account for 100% of the total AUM.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Starr Private Equity Partners, LLC for their services and products based on a percentage of assets under management, fixed fees, 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 Starr Private Equity Partners serves?

The firm provides services to insurance companies, pooled investment vehicles, and corporations or other businesses. The largest group of clients of Starr Private Equity Partners is pooled investment vehicles with 12 clients and $1.81 billion of assets under management. Among the 10 most similar advisory firms, Starr Private Equity Partners has the 5th highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $1.94 billion for 15 clients. 40% of the firm’s clients are foreign persons or businesses.

Starr Private Equity Partners also advises several private funds. Namely, eleven private equity funds.

Careers at Starr Private Equity Partners, LLC

The company employs 8 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.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Inc. C.V. Starr & Co. Sole member 1 May 2018 75% - 100% 13-5621350
Alexandra Beatrice Coppet Senior managing director 1 May 2018 Other 6028678
Esther Chiu Chief operating officer 1 May 2018 Other 2537541
Benjamin Waters Magleby Chief compliance officer 1 May 2018 Other 6979942

Indirect Owners

The SEC currently registers 5 indirect owners.

Name Entity Date acquired Ownership Employer ID
Llc C.V. Starr Ownership Co. Shareholder 1 Oct 2012 75% - 100% 46-1187382
Maurice Raymond Greenberg Elected manager 1 Dec 2012 Other 1608879
Howard Ian Smith Elected manager 1 Dec 2012 Other 6933471
Bertil P Lundqvist Elected manager 1 Dec 2012 Other 6933468
Lawrence Scott Greenberg Elected manager 1 Dec 2012 Other 1952136

Based in New York

The principal office where Starr Private Equity Partners, LLC performs its advisory services is located at 399 Park Avenue, New York, NY 10022, 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 212-230-5091 or by fax 646-365-6320. The normal business hours are 9:00 am - 5:00 pm on Monday - Friday. You can find more information about the New York firm at starrpep.com and its LinkedIn profile.