Denham Capital Management LP (Boston)


Denham Capital Management LP is a large advisory firm based in Boston. It manages $6.56 billion of regulatory assets for 10 client accounts. It has been registered with the SEC as an adviser since 2012 and has operated in the jurisdictions of Massachusetts and Texas.

Denham Capital Management 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.

Denham Capital Management: assets under management

The assets under management (AUM) of Denham Capital Management LP is $6.56 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 20% since the beginning of its operation, and $1.08 billion of the total AUM is attributable to clients outside of the United States.

The firm manages $6.56 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $655.98 million each.
Denham Capital Management has custody of $4.55 billion in cash and securities for 10 clients in total but doesn’t act as a qualified custodian.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Denham 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 Denham Capital Management serves?

The only and largest group of clients of Denham Capital Management is pooled investment vehicles with 10 clients and $6.56 billion of assets under management. Among the 6 most similar advisory firms, Denham Capital Management has the highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $6.56 billion for 10 clients. 16% of the firm’s clients are foreign persons or businesses.

Denham Capital Management also advises several private funds. Namely, nine hedge funds and one other private fund. The minimum investment commitment required of non-related persons ranges from $6,297 to $5,000,000.

Careers at Denham Capital Management LP

The company employs 58 people that are either part- or full-time employees. 52 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
Stuart Denham Porter Limited partner of denham commodity partners gp ii lp 1 Jul 2004 75% - 100% 1778869
Denham Gp Ii Llc General partner of denham commodity partners gp ii lp 1 Jul 2004 Other 20-1307461
Jeffrey B Larson Limited partner of denham commodity partners gp lp 1 Jul 2004 Other 1493593
Denham Gp Llc General partner of denham commodity partners gp lp 1 Jul 2004 Other 74-3113980
Stuart Denham Porter Limited partner of denham commodity partners gp iii lp 1 Mar 2005 50% - 75% 1778869
Richard Cady Dowd Limited partner of denham commodity partners gp iii lp 1 Mar 2005 Other 1555651
Denham Gp Iii Llc General partner of denham commodity partners gp iii lp 1 Mar 2005 Other 56-2502668
Stuart Denham Porter Limited partner of denham commodity partners gp iv lp 1 Jan 2006 75% - 100% 1778869
Denham Gp Iv Llc General partner of denham commodity partners gp iv lp 1 Jan 2006 Other 20-3453574
Denham Capital Management Gp Llc General partner of denham capital management lp 1 Oct 2006 Other 20-5823249
John Patrick Collins Chief financial officer of denham capital management lp 1 Jul 2007 Other 2157945
Riaz Qamar Siddiqi Managing partner of denham capital management lp 1 Jul 2007 Other 6026429
Paul Michael Winters General counsel and chief compliance officer of denham capital management lp 1 Jul 2007 Other 6026433
Stuart Denham Porter Chief executive officer of denham capital management lp 1 Jul 2007 25% - 50% 1778869
Carl John Tricoli Managing partner of denham capital management lp 1 Jul 2007 25% - 50% 1946935
Scott George Mackin Managing partner of denham capital management lp 1 Jul 2007 Other 6026436
William Allen Zartler Managing partner of denham capital management lp 1 Jul 2007 Other 6026227
Denham Capital Services Llc Member of denham capital management (uk) llp 1 Nov 2007 75% - 100% 20-5891466
Denham Gp V Llc General partner of denham commodity partners gp v lp 1 Jan 2008 Other 26-1709859
Denham Gp Ii Partners Lp Limited partner of denham commodity partners gp ii lp 1 Apr 2008 Other 26-2727379
Denham Gp Iii Partners Lp Limited partner of denham commodity partners gp iii lp 1 Apr 2008 Other 26-2727466
Stuart Denham Porter Limited partner of denham commodity partners gp v lp 1 May 2008 50% - 75% 1778869
William Allen Zartler Limited partner of denham commodity partners gp v lp 1 May 2008 Other 6026227
Riaz Qamar Siddiqi Limited partner of denham commodity partners gp v lp 1 May 2008 Other 6026429
Carl John Tricoli Limited partner of denham commodity partners gp v lp 1 May 2008 Other 1946935
Denham Brazil Holdings I Llc Quotaholder of denham capital latin america ltda 1 May 2008 75% - 100% 20-5891466
Denham Brazil Holdings Ii Llc Quotaholder of denham capital latin america ltda 1 May 2008 Other 20-5891466
Denham Capital Management Lp Member of denham capital asia pacific pte. ltd. 1 Jan 2010 75% - 100% 156605
Denham Capital Services Ii Llc Member of denham capital management (uk) llp 1 Mar 2011 Other 45-1339540
Denham Gp Vi Llc General partner of denham commodity partners gp vi lp 1 Jun 2011 Other 45-2484482
Stuart Denham Porter Limited partner of denham commodity partners gp vi lp 1 Nov 2011 25% - 50% 1778869
Riaz Qamar Siddiqi Limited partner of denham commodity partners gp vi lp 1 Nov 2011 Other 6026429
Carl John Tricoli Limited partner of denham commodity partners gp vi lp 1 Nov 2011 25% - 50% 1946935
Scott George Mackin Limited partner of denham commodity partners gp vi lp 1 Nov 2011 Other 6026436
William Allen Zartler Limited partner of denham commodity partners gp vi lp 1 Nov 2011 Other 6026227
Denham Capital Management Lp Member of denham capital australia pty limited 1 Sep 2012 75% - 100% 156605
Stuart Denham Porter Limited partner of dcpf vi gp o&g lp 1 Aug 2013 50% - 75% 1778869
Carl John Tricoli Limited partner of dcpf vi gp o&g lp 1 Aug 2013 25% - 50% 1946935
Riaz Qamar Siddiqi Limited partner of dcpf vi gp o&g lp 1 Aug 2013 Other 6026429
Scott George Mackin Limited partner of dcpf vi gp o&g lp 1 Aug 2013 Other 6026436
Dcpf Vi Gp O&G Llc General partner of dcpf vi gp o&g lp 1 Aug 2013 Other 90-0971858
Scott George Mackin Member of denham capital management (uk) llp 1 Sep 2013 Other 6026436
Jordan Tatum Marye Partner of denham capital management lp 1 May 2014 Other 4912547
Denham O&G Llc General partner of denham o&g gp lp 1 Jan 2015 Other 32-0456890
Denham Mining Gp Llc General partner of denham mining gp lp 1 May 2015 Other 98-1247039
Stuart Denham Porter Limited partner of denham o&g gp lp 1 Oct 2015 25% - 50% 1778869
Carl John Tricoli Limited partner of denham o&g gp lp 1 Oct 2015 25% - 50% 1946935
Jordan Tatum Marye Limited partner of denham o&g gp lp 1 Oct 2015 Other 4912547
Stuart Denham Porter Limited partner of denham mining gp lp 1 Feb 2017 25% - 50% 1778869
Denham International Power Gp S.A.R.L. General partner of denham international power gplp scsp 1 Sep 2017 Other 98-1389424
Stuart Denham Porter Limited partner of denham international power gplp scsp 1 Nov 2017 75% - 100% 1778869
Scott George Mackin Limited partner of denham international power gplp scsp 1 Nov 2017 Other 6026436

Indirect Owners

The SEC currently registers 19 indirect owners.

Name Entity Date acquired Ownership Employer ID
Stuart Denham Porter Member 1 Jan 2005 75% - 100% 1778869
Stuart Denham Porter Member 1 Feb 2007 75% - 100% 1778869
Denham Capital Management Lp Member 1 Sep 2007 75% - 100% 156605
Stuart Denham Porter Member 1 Jan 2008 75% - 100% 1778869
Denham Capital Management Lp Member 1 Mar 2008 75% - 100% 156605
Stuart Denham Porter Limited partner 1 Jun 2008 50% - 75% 1778869
Denham Gp Ii Holdings Mm Llc General partner of denham gp ii partners lp 1 Jun 2008 Other 45-4504113
Denham Gp Iii Holdings Mm Llc General partner of denham gp iii partners lp 1 Jun 2008 Other 45-4504185
Denham Capital Management Lp Member 1 Mar 2011 75% - 100% 156605
Stuart Denham Porter Member 1 Jun 2011 75% - 100% 1778869
Stuart Denham Porter Member 1 Jan 2015 25% - 50% 1778869
Carl John Tricoli Member 1 Jan 2015 25% - 50% 1946935
Jordan Tatum Marye Member 1 Jan 2015 25% - 50% 4912547
Stuart Denham Porter Manager 1 Mar 2017 Other 1778869
Carl John Tricoli Manager 1 Mar 2017 Other 1946935
Robert George Still Manager 1 Mar 2017 Other 6775794
Adalbert Koth Manager 1 Mar 2017 Other 6775801
Paul Michael Winters Manager 1 Sep 2017 Other 6026433
Habiba Boughaba Manager 1 Sep 2017 Other 6914714

Based in Boston

The principal office where Denham Capital Management LP performs its advisory services is located at 185 Dartmouth Street, Boston, MA 02116, which is also the mailing address of the firm. An additional office of the firm is in Houston, TX. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 617-531-7200 or by fax 617-531-4961. The normal business hours are 8am-5pm on Monday - Friday. You can find more information about the New York firm at denhamcapital.com.