Global Forest Partners LP (Lebanon)

Name: Global Forest Partners LP
Address: 67 Etna Road, Lebanon, NH, 03766
Telephone: 603-298-7001

Global Forest Partners LP is a large advisory firm based in Lebanon. It manages $2.82 billion of regulatory assets for 70 client accounts. It has been registered with the SEC as an adviser since 2003 and has operated in the jurisdictions of Massachusetts and New Hampshire.

Global Forest Partners provides portfolio management for individuals and small businesses, 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.

Global Forest Partners: assets under management

The assets under management (AUM) of Global Forest Partners LP is $2.82 billion. The firm's AUM has grown by 114% since the beginning of its operation, and $2.66 billion of the total AUM is attributable to clients outside of the United States.

The firm manages $2.31 billion in discretionary accounts and $504.29 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $33.54 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $504.29 million.

Global Forest Partners has custody of $2.59 billion in cash and securities for 70 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in pooled investment vehicles the most. They account for 100% of the total AUM.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Global Forest Partners LP for their services and products based on a percentage of assets under management, fixed fees, 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 Global Forest Partners serves?

The firm provides services to insurance companies, charitable organizations, high net worth individuals, pooled investment vehicles, pension and profit sharing plans, and state or municipal government entities. The largest group of clients of Global Forest Partners is pooled investment vehicles with 25 clients and $2.63 billion of assets under management. Among the 12 most similar advisory firms, Global Forest Partners has the 4th highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $2.82 billion for 60 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 50% of the firm’s clients are foreign persons or businesses.

Global Forest Partners also advises several private funds. Namely, twenty eight real estate funds. The minimum investment commitment required of non-related persons ranges from $1,000 to $10,000,000.

Careers at Global Forest Partners LP

The company employs 23 people that are either part- or full-time employees. 100 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
Global Forest Partners Llc	General partner	1 May 2003	Other	06-1697112
Gfp Investments Lp	Limited partner	1 May 2003	75% - 100%	06-1697124
John A. N. Scott	Investment committee	1 Jun 2003	Other	4679173
Peter Castrop Mertz	Chief executive officer and investment committee	1 Jun 2003	Other	2830389
Timothy Martin Cooney	Investment committee	1 Jun 2003	Other	4344102
Michael Edgar	Investment committee	1 Jun 2003	Other	4679177
Mason Browne	Investment committee	1 Jun 2003	Other	4617692
William Harper Proom	Investment committee	1 Jun 2003	Other	1731933
Kurtis Jay Akers	Investment committee	1 Jun 2003	Other	2242098
Colin Richard Mckenzie	Investment committee	1 Jun 2003	Other	4679599
Michael John Edgar	Investment committee	1 Jun 2003	Other	4679177
James Joseph Healy	Investment committee	1 Aug 2003	Other	2800048
Joel Clinton Eshbaugh	Investment committee	1 Mar 2007	Other	5314933
Joseph Frederick Bachman	Investment committee	1 Mar 2007	Other	5315007
Philip Mallory Nash	Investment committee	1 Oct 2008	Other	1589599
Michael James Mcfetridge	Investment committee	1 Mar 2009	Other	5648730
Kurtis Jay Akers	Investment committee	1 Jan 2010	Other	2242098
David Neil Amphlett Gardner	Investment committee	1 Mar 2011	Other	5907167
Rafael Enrique Ide	Investment committee	1 May 2012	Other	6154127
Michael T Strzelecki	Investment committee	1 Jun 2013	Other	4998386
David Persson Lindahl	Investment committee	1 Nov 2013	Other	6318455
John Allen Genest	Chief financial officer and chief compliance officer	1 Jan 2015	Other	6036610
Lee Michael Lawrence	Investment committee	1 Jan 2016	Other	5192293
Alberto Andrés Voulminot Arcos Pérez	Investment committee	1 Jan 2016	Other	6628407

Indirect Owners

The SEC currently registers 1 indirect owner.

Name	Entity	Date acquired	Ownership	Employer ID
Peter Castrop Mertz	Chief executive officer,member and limited partner	1 May 2003	25% - 50%	2830389

Based in Lebanon

The principal office where Global Forest Partners LP performs its advisory services is located at 67 Etna Road, Lebanon, NH 03766, 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 603-298-7001 or by fax 603-298-7620. The normal business hours are 9am to 5pm on Monday - Friday. You can find more information about the New York firm at gfplp.com.