Proterra Investment Partners LP is a large advisory firm based in Minneapolis. It manages $2.65 billion of regulatory assets for 13 client accounts. It has been registered with the SEC as an adviser since 2015 and has operated in the jurisdictions of California and Minnesota.
Proterra Investment 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.
The assets under management (AUM) of Proterra Investment Partners LP is $2.65 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 25% since the beginning of its operation, and $1.51 billion of the total AUM is attributable to clients outside of the United States.
The advisory firm has several streams of revenue. Clients pay Proterra Investment Partners LP 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.
The only and largest group of clients of Proterra Investment Partners is pooled investment vehicles with 13 clients and $2.65 billion of assets under management. Among the 7 most similar advisory firms, Proterra Investment Partners has the 2nd highest percentage of pooled investment vehicles out of all clients.
The amount of regulatory assets under management is $2.65 billion for 13 clients. 42% of the firm’s clients are foreign persons or businesses.
Proterra Investment Partners also advises several private funds. Namely, thirteen private equity funds. The minimum investment commitment required of non-related persons ranges from $0 to $10,000,000.
The company employs 54 people that are either part- or full-time employees. 63 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 Proterra Investment Partners LP performs its advisory services is located at 33 South Sixth Street, Minneapolis, MN 55402, which is also the mailing address of the firm. An additional office of the firm is in Montara, CA. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 612-257-7900. The normal business hours are 8:00 am - 4:30 pm on Monday - Friday. You can find more information about the New York firm at proterrapartners.com.