Leonard Green & Partners, L.P. (Los Angeles)

Name: Leonard Green & Partners, L.P.
Address: 11111 Santa Monica Blvd., Los Angeles, CA, 90025
Telephone: 310-954-0436

Leonard Green & Partners, L.P. is a large advisory firm based in Los Angeles. It manages $26.16 billion of regulatory assets for 44 client accounts. It has been registered with the SEC as an adviser since 2012 and has operated in the jurisdiction of California.

Leonard Green & 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.

Leonard Green & Partners: assets under management

The assets under management (AUM) of Leonard Green & Partners, L.P. is $26.16 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 78% since the beginning of its operation, and $79.74 million of the total AUM is attributable to clients outside of the United States.

The firm manages $26.16 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $594.45 million each.

Leonard Green & Partners has custody of $20.06 billion in cash and securities for 44 clients in total but doesn’t act as a qualified custodian.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Leonard Green & Partners, 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 Leonard Green & Partners serves?

The only and largest group of clients of Leonard Green & Partners is pooled investment vehicles with 44 clients and $26.16 billion of assets under management. Among the 11 most similar advisory firms, Leonard Green & Partners has the highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $26.16 billion for 44 clients. 14% of the firm’s clients are foreign persons or businesses.

Leonard Green & Partners also advises several private funds. Namely, one hedge fund and thirty eight private equity funds. The minimum investment commitment required of non-related persons ranges from $0 to $20,000,000.

Careers at Leonard Green & Partners, L.P.

The company employs 56 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.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Jonathan Davis Sokoloff	Managing partner	1 Apr 1990	Other	1094006
Inc. Lgp Management	General partner	1 Jun 1994	Other	95-4485737
John Glenn Danhakl	Managing partner	1 Mar 1995	Other	1281254
Peter Joseph Nolan	Senior advisor	1 Jun 1997	Other	1089018
Nolan Family Trust	Partner	1 Jun 1997	Other	1089018
Jonathan Adam Seiffer	Partner	1 Jul 1998	Other	2430405
Seiffer Family Trust	Partner	1 Jul 1998	Other	2430405
John Maxwell Baumer	Partner	1 Jan 2001	Other	2656816
Baumer Family 2003 Trust	Partner	1 Jan 2001	Other	2656816
Cody D Franklin	Chief financial officer	1 May 2005	Other	6024959
Michael Nmn Gennaro	Chief compliance officer/chief operating officer	1 Jul 2009	Other	4557113
L.P. Emerald Holdings Ii	Partner	1 Jan 2013	50% - 75%	45-5426646
Lance Johntimmer Schumacher	Chief compliance officer	1 Aug 2013	Other	6235801
Adrian John Maizey	Chief operating officer/chief compliance officer	1 Jul 2014	Other	6029714
Andrew Charles Goldberg	General counsel / chief compliance officer	1 Jan 2016	Other	6632347
L.P. Malachite Holdings	Partner	1 Jul 2017	Other	82-1913781

Indirect Owners

The SEC currently registers 16 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Peter Joseph Nolan	Trustee	1 Aug 1996	Other	1089018
John Glenn Danhakl	Trustee	1 Oct 1997	Other	1281254
Jonathan Davis Sokoloff	Trustee	1 Oct 1997	Other	1094006
John Maxwell Baumer	Trustee	1 Jun 2003	Other	2656816
Jonathan Adam Seiffer	Trustee	1 Jan 2007	Other	2430405
John Glenn Danhakl	Member	1 May 2012	50% - 75%	1281254
Jonathan Davis Sokoloff	Member	1 May 2012	50% - 75%	1094006
Inc. Lgp Management	General partner	1 Jun 2012	Other	95-4485737
The Danhakl Revocable Family Trust	Limited partner	1 Jun 2012	50% - 75%	1004
The Sokoloff Family Trust	Limited partner	1 Jun 2012	50% - 75%	1005
John Glenn Danhakl	Limited partner	1 Jan 2013	50% - 75%	1281254
Jonathan Davis Sokoloff	Limited partner	1 Jan 2013	50% - 75%	1094006
Peter Joseph Nolan	Limited partner	1 Jan 2013	Other	1089018
Llc Emerald Holdings I	General partner	1 Aug 2016	Other	45-5411251
Llc Malachite Holdings Gp	General partner	1 Jul 2017	Other	82-1913585
Mlg Holdings Master Sub L.P.	Limited partner	1 Jul 2017	75% - 100%	82-1984160

Based in Los Angeles

The principal office where Leonard Green & Partners, L.P. performs its advisory services is located at 11111 Santa Monica Blvd., Los Angeles, CA 90025, 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 310-954-0436 or by fax 310-954-0404. The normal business hours are 9 am - 5 pm on Monday - Friday. You can find more information about the New York firm at leonardgreen.com and its LinkedIn profile.