The AKRE CAPITAL MANAGEMENT, LLC is a privately held investment adviser that advises $20.32Bn in regulatory assets under management held in 2 SEC fund types across 2 investment strategies. AKRE CAPITAL MANAGEMENT, LLC is a Public Fund A public fund manager is a manager whose >=75% of total assets under management are in public funds (broadly accessible, exchange-listed investment vehicles available to retail investors with typically low minimums and clear, widely available information) Manager. Assets increased by 19.36% over the last 5-years.
The Group has been registered with the SEC for 26.07 years and is comprised of 1 filing and 0 relying advisers. They operate out of 2 office locations with their Headquarters at 2 WEST MARSHALL STREET, MIDDLEBURG, VA. The Group has not been subject to regulatory enforcement actions. They are regulated by 3 US and Non-US bodies.
They have 12 employees comprised of 3 investment and 9 non-investment staff. The total number of Employees remained the same over the last few years.
Their $20.32Bn in assets advised are owned by 4 private funds, 1 public fund and BDCs and 22 other accounts. Assets of Investment Companies (IC) clients own $17.08Bn or 84.05% of Total Assets and Pooled Investment Vehicles (Not IC or BDC) own $2.47Bn or 12.18% of Total Assets.
The Group's top investment strategies include Long/Short Equity and Fund of Funds, representing 100% and 0% of total assets, respectively.
They advise 7 types of clients, top clients are Investment Companies (IC) and Pooled Investment Vehicles (Not IC or BDC).
The Group uses 1 Fund Administrators, 2 Fund Auditors, 1 Prime Brokers, 3 Custodians and 1 Marketers. It does not report a third-party Fund Administrator in 0 private funds with $0 in assets.
The Group discloses management fees and performance-based fees.
AKRE CAPITAL MANAGEMENT, LLC names 0 sub-advisers to 0 different funds advised by the group. The Group has been named as the sub-adviser to 1 fund.
They have a MEDIUM-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 AKRE CAPITAL MANAGEMENT, LLC's case, they have 14 business conditions that require high process maturity and 1 Watch Factors.