The OTTAWA AVENUE PRIVATE CAPITAL is a privately held investment adviser that advises $34.15Bn in regulatory assets under management held in 2 SEC fund types across 1 investment strategies. OTTAWA AVENUE PRIVATE CAPITAL is a Hybrid A hybrid fund manager is a manager whose total assets under management are spread across multiple investment vehicle types rather than concentrated in one. Fund Manager. Assets increased by 154.02% over the last 5-years.
The Group has been registered with the SEC for 10.02 years and is comprised of 1 filing and 0 relying advisers. They operate out of 1 office location with their Headquarters at 200 MONROE AVENUE NW SUITE 500, GRAND RAPIDS, MI. The Group has not been subject to regulatory enforcement actions. They are regulated by 3 US and Non-US bodies.
They have 84 employees comprised of 23 investment and 61 non-investment staff. The total number of Employees increased by 37.7% over the last 5-years.
Their $34.15Bn in assets advised are owned by 34 private funds, 0 public funds and BDCs and 3 other accounts. Assets of Pooled Investment Vehicles (Not IC or BDC) clients own $26.47Bn or 77.49% of Total Assets and High Net Worth Individuals own $7.65Bn or 22.39% of Total Assets.
The Group's top investment strategies include Traditional LBO, representing 100% of total assets, respectively.
They advise 3 types of clients, top clients are Pooled Investment Vehicles (Not IC or BDC) and High Net Worth Individuals.
The Group uses 3 Fund Administrators, 3 Fund Auditors, 0 Prime Brokers, 2 Custodians and 0 Marketers. It does not report a third-party Fund Administrator in 7 private funds with $3.53Bn in assets.
The Group discloses management fees and performance-based fees.
OTTAWA AVENUE PRIVATE CAPITAL names 0 sub-advisers to 0 different funds advised by the group. The Group has been named as the sub-adviser to 3 funds.
They have a HIGH-WATCH risk business model that requires a high degree of process maturity to manage operational risk. A Manager Group has a "High Complexity" when 25% or more of 63 business conditions measured require a high level of process maturity to manage the risk. The "Watch" suffix indicates that one or more of the following business conditions carry a high-complexity score: 1) % Fund Assets Valued Internally, 2) prior Regulatory Violations, 3) Unqualified Audits, 4) Multi-Functional C-Suite and 5) Business Concentration Risk with an Auditor or Administrator.
In OTTAWA AVENUE PRIVATE CAPITAL's case, they have 15 business conditions that require high process maturity and 4 Watch Factors.