Maranon Capital, L.P. (Chicago)

Maranon Capital provides 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.

Maranon Capital: assets under management

The assets under management (AUM) of Maranon Capital, L.P. is $2.49 billion. The firm's AUM has grown by 387% since the beginning of its operation, and $938.4 million of the total AUM is attributable to clients outside of the United States.

The firm manages $2.43 billion in discretionary accounts and $56.22 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $151.96 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $56.22 million.

Maranon Capital has custody of $787.61 million in cash and securities for 10 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in non-investment grade corporate bonds the most. They account for 100% of the total AUM.

Fees & Commissions

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

The only and largest group of clients of Maranon Capital is pooled investment vehicles with 13 clients and $1.73 billion of assets under management. Among the 7 most similar advisory firms, Maranon Capital has the 2nd lowest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $1.73 billion for 13 clients. 24% of the firm’s clients are foreign persons or businesses.

Maranon Capital also advises several private funds. Namely, nine other private funds and three securitized asset funds. The minimum investment commitment required of non-related persons ranges from $100,000 to $5,000,000.

Careers at Maranon Capital, L.P.

The company employs 27 people that are either part- or full-time employees. 85 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

Indirect Owners

The SEC currently registers 13 indirect owners.

Based in Chicago

The principal office where Maranon Capital, L.P. performs its advisory services is located at 303 West Madison Street, Chicago, IL 60606 3395, 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 312-646-1200 or by fax 312-578-0047. The normal business hours are 8:30 am - 5:00 pm on Monday - Friday. You can find more information about the New York firm at maranoncapital.com.

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