Varden Pacific LP (San Francisco)

Name: Varden Pacific LP
Address: 201 Mission Street, San Francisco, CA, 94105
Telephone: 415-835-3880

Varden Pacific LP is a large advisory firm based in San Francisco. It manages $814.69 million of regulatory assets for 4 client accounts. It has been registered with the SEC as an adviser since 2014.

Varden Pacific provides portfolio management for pooled investment vehicles and manages investment advisory accounts on a non-discretionary basis. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Varden Pacific: assets under management

The assets under management (AUM) of Varden Pacific LP is $814.69 million. The firm's AUM has grown by 65% since the beginning of its operation, and $150.99 million of the total AUM is attributable to clients outside of the United States.

The firm manages $814.69 million in discretionary accounts and $2 in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $271.56 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $2.

Varden Pacific has custody of $814.69 million in cash and securities for 3 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in other assets the most. They account for 100% of the total AUM.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Varden Pacific LP for their services and products based on a percentage of assets under management 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 Varden Pacific serves?

The firm provides services to pooled investment vehicles and corporations or other businesses. The largest group of clients of Varden Pacific is pooled investment vehicles with 3 clients and $814.69 million of assets under management. Among the 11 most similar advisory firms, Varden Pacific has the highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $814.69 million for 4 clients. 50% of the firm’s clients are foreign persons or businesses.

Varden Pacific also advises several private funds. Namely, one hedge fund. The minimum investment commitment required of non-related persons is $5,000,000 for each fund.

Careers at Varden Pacific LP

The company employs 4 people that are either part- or full-time employees. 75 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.

There’s a single person 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
John Bradley Scelfo	Limited partner, head of business development	1 Jun 2014	25% - 50%	2093412
Shawn Christopher Stoval	Limited partner, chief investment officer	1 Jun 2014	25% - 50%	4680925
Dennis Dih Lin	Limited partner, chief operating officer, chief compliance officer	1 Jun 2014	25% - 50%	2638429
Varden Pacific General Partner Ii Llc	General partner	1 Jun 2014	Other	47-1186294

Based in San Francisco

The principal office where Varden Pacific LP performs its advisory services is located at 201 Mission Street, San Francisco, CA 94105, 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 415-835-3880 or by fax 415-835-3876. The normal business hours are 8am - 5pm on Monday - Friday. You can find more information about the New York firm at vardenpacific.com.