Fremont Realty Capital, L.P. (San Francisco)

Name: Fremont Realty Capital, L.P.
Address: 199 Fremont Street, San Francisco, CA, 94105 2261
Telephone: 415-284-8665

Fremont Realty Capital, L.P. is a large advisory firm based in San Francisco. It manages $803.68 million of regulatory assets for 4 client accounts. It has been registered with the SEC as an adviser since 2012 and has operated in the jurisdiction of California.

Fremont Realty Capital 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.

Fremont Realty Capital: assets under management

The assets under management (AUM) of Fremont Realty Capital, L.P. is $803.68 million. The firm's AUM has grown by 3% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $24.8 million in discretionary accounts and $778.88 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $24.8 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $259.63 million.

Fremont Realty Capital has custody of $626.16 million in cash and securities for 4 clients in total but doesn’t act as a qualified custodian.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Fremont Realty Capital, L.P. 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.

What kind of clients Fremont Realty Capital serves?

The only and largest group of clients of Fremont Realty Capital is pooled investment vehicles with 4 clients and $803.68 million of assets under management. Among the 10 most similar advisory firms, Fremont Realty Capital has the 2nd highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $803.68 million for 4 clients. None of the firm’s clients are foreign persons or businesses.

Fremont Realty Capital also advises several private funds. Namely, four real estate funds. The minimum investment commitment required of non-related persons ranges from $0 to $10,000,000.

Careers at Fremont Realty Capital, L.P.

The company employs 6 people that are either part- or full-time employees. 83 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
Steven Alan Karpf	Managing partner	1 Feb 1977	Other	868854
Inc. Fremont Resources	Partner	1 Feb 1997	Other	94-3253290
Inc. Fremont Investors	Partner	1 Feb 1997	25% - 50%	94-2675217
Llc Fremont Group	Partner	1 Feb 1997	Other	94-3238361
Claude Joseph Zinngrabe	Managing partner	1 Feb 1997	Other	2260705
Victor T Kwok	Chief compliance officer	1 Jan 2003	Other	6026905
Lori A Menachof	General counsel	1 Jan 2003	Other	6026907
Matthew J Reidy	Managing director	1 Jan 2006	Other	6026902
Matthew J Reidy	Limited partner	1 Jan 2008	Other	6026902
Matthew J Reidy	Partner	1 Oct 2013	Other	6026902

Indirect Owners

The SEC currently registers 3 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
L.L.C. Fremont Group	Shareholder	1 Feb 1997	75% - 100%	94-3238361
Jr. And Elizabeth H. Bechtel Family Trust Stephen D. Bechtel	Shareholder	1 Feb 1997	75% - 100%	xxx-xx-xxxx
Jr Stephen Davison Bechtel	Trustee	1 Feb 1997	Other	2230421

Based in San Francisco

The principal office where Fremont Realty Capital, L.P. performs its advisory services is located at 199 Fremont Street, San Francisco, CA 94105 2261, 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 415-284-8665 or by fax 415-284-8183. The normal business hours are 8am-5pm on Monday - Friday. You can find more information about the New York firm at fremontrealtycapital.com/.