Bessemer Investment Management LLC (New York)

Bessemer Investment Management LLC is a large advisory firm based in New York. It manages $31.96 billion of regulatory assets for 10 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdiction of New York.

Bessemer Investment Management provides portfolio management for investment companies, portfolio management for pooled investment vehicles, and portfolio management for businesses and institutional clients. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Bessemer Investment Management: assets under management

The assets under management (AUM) of Bessemer Investment Management LLC is $31.96 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 80% since the beginning of its operation, and $402.96 million of the total AUM is attributable to clients outside of the United States.

The firm manages $31.96 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $3.2 billion each.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Bessemer Investment Management LLC for their services and products based on a percentage of assets under management. 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 John Gerard Macdonald serves?

The firm provides services to investment companies, pooled investment vehicles, and banking or thrift institutions. The largest group of clients of John Gerard Macdonald is investment companies with 9 clients and $31.56 billion of assets under management. Among the 7 most similar advisory firms, Bessemer Investment Management has the 2nd highest percentage of investment companies out of all clients.

The amount of regulatory assets under management is $31.96 billion for 11 clients. 9% of the firm’s clients are foreign persons or businesses.

Bessemer Investment Management also advises several private funds. Namely, one hedge fund.

Careers at Bessemer Investment Management LLC

The company employs 65 people that are either part- or full-time employees. 78 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.

John Gerard Macdonald has been acting as President since 1 Mar 2001. Thomas Gordon Kennedy joined the executive team most recently as the Chief Compliance Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Timothy John Morris	Senior managing director	1 Aug 1995	Other	1851538
John Bernard Hall	Managing director	1 Jul 1998	Other	2363697
Steven L. Williamson	Assistant secretary	1 Jan 2000	Other	5092222
Na Bessemer Trust Co.	Parent	1 Oct 2000	75% - 100%	13-2792165
John Dearborn Chadwick	Managing director	1 Jan 2001	Other	2048230
Yunjae Chung	Managing director	1 Jan 2001	Other	2252932
Richard R Davis	Secretary	1 Jan 2001	Other	2657558
John J Hederman	Compliance officer	1 Jan 2001	Other	4346961
Frank Elliott Helsom	President	1 Jan 2001	Other	2082173
John G Macdonald	Managing director/cfo/assistant secretary	1 Jan 2001	Other	4346953
Timothy John Morris	Senior managing director	1 Jan 2001	Other	1851538
Harold Spring Woolley	Managing director	1 Jan 2001	Other	733086
Bruce A. Whiteford	Managing director	1 Jan 2001	Other	4382831
Bruce R. Aird	Managing director	1 Jan 2001	Other	4382834
Na Bessemer Trust Company	Member	1 Mar 2001	75% - 100%	13-2792165
John Gerard Macdonald	Managing director/treasurer/director	1 Mar 2001	Other	4346953
Bruce Alan Whiteford	Managing director	1 Mar 2001	Other	4382831
Steven Lloyd Williamson	Secretary/managing director/director	1 Mar 2001	Other	5092222
John J Hederman	Compliance officer/principal	1 Mar 2001	Other	4346961
Hermione Ann Davies	Managing director	1 Mar 2001	Other	4429317
Na Bessemer Trust Co.	Parent	1 Mar 2001	75% - 100%	13-2792165
Richard R Davis	Managing director/secretary/director	1 Mar 2001	Other	2657558
John G Macdonald	Managing director/treasurer/director	1 Mar 2001	Other	4346953
Harold Spring Woolley	Managing director	1 Mar 2001	Other	733086
Bruce A. Whiteford	Managing director	1 Mar 2001	Other	4382831
Bruce R. Aird	Managing director	1 Mar 2001	Other	4382834
Steven L. Williamson	Assistant secretary	1 Mar 2001	Other	5092222
Don James Andrews	Chief compliance officer/managing director	1 Oct 2002	Other	2406739
Christine Ann Callies	Managing director	1 Dec 2002	Other	1813826
John Allen Hilton	President	1 Mar 2003	Other	2903130
Kathleen Traynor Millard	Managing director	1 Aug 2003	Other	2443810
Njunt W Aw	Principal	1 Mar 2004	Other	2547795
Andrew Mccarty Parker	Managing director	1 May 2004	Other	710352
Marc David Stern	President	1 Aug 2004	Other	1691305
Frank Anthony Mariani	Managing director	1 Jan 2005	Other	1479372
Richard Murtagh	Managing director	1 Jan 2005	Other	5265789
Lois Rhoda Roman	Managing director	1 Jul 2005	Other	1605279
Gregory Manuel Lester	Managing director	1 Jan 2006	Other	2518426
William Preston Stahl	Principal	1 Jan 2006	Other	5091892
Deborah Joanne Ferris	Principal/assistant secretary	1 Jan 2006	Other	1988137
William Preston Stahl	Managing director	1 Jan 2008	Other	5091892
Peter John Langas	Managing director	1 Jun 2008	Other	2261675
David Wayne Rossmiller	Managing director	1 May 2010	Other	1557198
Rebecca Hope Patterson	Managing director and chief investment officer	1 Jul 2012	Other	5480298
Marc David Stern	Director	1 Oct 2012	Other	1691305
Rebecca Hope Patterson	President	1 Jan 2013	Other	5480298
Njunt W Aw	Managing director	1 Dec 2013	Other	2547795
Michael Crawford	Managing director	1 Dec 2013	Other	6314653
Nicola Knight	Assistant secretary/chief compliance officer	1 Mar 2015	Other	4898040
Nicola Knight	Assistant secretary/chief compliance officer	1 Apr 2015	Other	4898040
Thomas Gordon Kennedy	Chief compliance officer	1 Jul 2016	Other	2760150

Indirect Owners

The SEC currently registers 2 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Incorporated The Bessemer Group	Shareholder	1 Sep 1981	75% - 100%	13-3093730
Inc. The Bessemer Group	Parent	1 Sep 1981	75% - 100%	13-3093730

Based in New York

The principal office where Bessemer Investment Management LLC performs its advisory services is located at 630 Fifth Avenue, New York, NY 10111, 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 212-708-9100 or by fax 516-905-3967. The normal business hours are 8:30am - 5:00pm on Monday - Friday.