The S & CO., INC. is a privately held investment adviser that advises $3.02Bn in regulatory assets under management held in 1 SEC fund types across 4 investment strategies. S & CO., INC. 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 77.09% over the last 5-years.
The Group has been registered with the SEC for 37.25 years and is comprised of 1 filing and 0 relying advisers. They operate out of 1 office location with their Headquarters at 50 CONGRESS STREET, ROOM 800, BOSTON, MA. The Group has not been subject to regulatory enforcement actions. They are regulated by 1 US and Non-US bodies.
They have 15 employees comprised of 6 investment and 9 non-investment staff. The total number of Employees remained the same over the last few years.
Their $3.02Bn in assets advised are owned by 6 private funds, 0 public funds and BDCs and 18 other accounts. Assets of Pooled Investment Vehicles (Not IC or BDC) clients own $1.49Bn or 49.2% of Total Assets and High Net Worth Individuals own $1.39Bn or 45.9% of Total Assets.
The Group's top investment strategies include Traditional LBO, Long/Short Equity and Multi Strat, representing 49.41%, 41.36% and 7.76% of total assets, respectively.
They advise 4 types of clients, top clients are Pooled Investment Vehicles (Not IC or BDC) and High Net Worth Individuals.
The Group uses 0 Fund Administrators, 1 Fund Auditors, 0 Prime Brokers, 1 Custodians and 0 Marketers. It does not report a third-party Fund Administrator in 6 private funds with $743.38mn in assets.
The Group discloses advisory fees and management fees.
S & CO., INC. names 1 sub-adviser WELLINGTON MANAGEMENT COMPANY LLP to 1 different fund advised by the group. The Group has been named as the sub-adviser to 0 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 S & CO., INC.'s case, they have 14 business conditions that require high process maturity and 2 Watch Factors.