Invenomic Capital Management LP (Boston)

Name: Invenomic Capital Management LP
Address: 211 Congress St, Boston, MA, 02110
Telephone: 617-729-2323

Invenomic Capital Management LP is a large advisory firm based in Boston. It manages $236.48 million of regulatory assets for 2 client accounts. It has been registered with the SEC as an adviser since 2017 and has operated in the jurisdiction of Massachusetts.

Invenomic Capital Management provides portfolio management for investment companies and 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.

Invenomic Capital Management: assets under management

The assets under management (AUM) of Invenomic Capital Management LP is $236.48 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 846% since the beginning of its operation, and $16.78 million of the total AUM is attributable to clients outside of the United States.

The firm manages $236.48 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $118.24 million each.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Invenomic Capital Management 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 Benjamin Robert Deschaine serves?

The firm provides services to investment companies and pooled investment vehicles. The largest group of clients of Benjamin Robert Deschaine is investment companies with 1 clients and $219.7 million of assets under management. Among the 8 most similar advisory firms, Invenomic Capital Management has the highest percentage of investment companies out of all clients.

The amount of regulatory assets under management is $236.48 million for 2 clients. 50% of the firm’s clients are foreign persons or businesses.

Invenomic Capital Management also advises several private funds. Namely, one hedge fund. The minimum investment commitment required of non-related persons is $1,000,000 for each fund.

Careers at Invenomic Capital Management LP

The company employs 12 people that are either part- or full-time employees. 42 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.

Benjamin Robert Deschaine has been acting as President since 1 Jul 2019. Balter Capital Management Llc joined the executive team most recently as the Limited Partner.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Invenomic Gp Llc	General partner	1 Dec 2015	Other	81-0792718
Ali Motamed	Managing partner	1 Dec 2015	75% - 100%	6761457
James A. Fricano	Cco	1 Feb 2017	Other	6567657
Balter Capital Management Llc	Equity interest	1 Jun 2017	Other	143880
Rebecca Elise Gompper	Chief compliance officer	1 Nov 2017	Other	6889453
Balter Capital Management Llc	Limited partner	1 Jul 2019	Other	143880
Llc Platypus Partners	Limited partner	1 Jul 2019	Other	81-1665891
Benjamin Robert Deschaine	President	1 Jul 2019	Other	5249904

Indirect Owners

The SEC currently registers 6 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Bradley Ross Balter	Managing member	1 Mar 2007	50% - 75%	2197950
Jay Clark Warner	Member	1 Mar 2007	25% - 50%	4812244
Caryn Grabe Robinson	Member	1 Jul 2015	25% - 50%	7175845
Douglas Scott Grabe	Member	1 Jul 2015	25% - 50%	7175852
Lisa Grabe Taffe	Member	1 Jul 2015	25% - 50%	7175855
Laura Suzanne Grabe	Member	1 Jul 2015	25% - 50%	7175857

Based in Boston

The principal office where Invenomic Capital Management LP performs its advisory services is located at 211 Congress St, Boston, MA 02110, 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 617-729-2323. The normal business hours are 9:00 am to 5:00 pm on Monday - Friday. You can find more information about the New York firm at invenomic.com.