Thoma Bravo, LLC (Chicago)

Name: Thoma Bravo, LLC
Address: 150 North Riverside Plaza, Chicago, IL, 60606 1599
Telephone: 312-254-3300

Thoma Bravo, LLC is a large advisory firm based in Chicago. It manages $38.91 billion of regulatory assets for 45 client accounts. It has been registered with the SEC as an adviser since 2012 and has operated in the jurisdictions of California and Illinois.

Thoma Bravo provides investment advisor to private funds. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Thoma Bravo: assets under management

The assets under management (AUM) of Thoma Bravo, LLC is $38.91 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 1952% since the beginning of its operation, and $2.3 billion of the total AUM is attributable to clients outside of the United States.

The firm manages $38.91 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $864.58 million each.

Thoma Bravo has custody of $38.91 billion in cash and securities for 45 clients in total but doesn’t act as a qualified custodian.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Thoma Bravo, LLC 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 Thoma Bravo serves?

The only and largest group of clients of Thoma Bravo is pooled investment vehicles with 45 clients and $38.91 billion of assets under management. Among the 7 most similar advisory firms, Thoma Bravo has the 2nd highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $38.91 billion for 45 clients. 33% of the firm’s clients are foreign persons or businesses.

Thoma Bravo also advises several private funds. Namely, two hedge funds and forty three private equity funds. The minimum investment commitment required of non-related persons ranges from $0 to $10,000,000.

Careers at Thoma Bravo, LLC

The company employs 90 people that are either part- or full-time employees. 50 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.

There’s a single person 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
Samuel Scott Crabill	Managing partner / member / member of board of managers	1 Mar 2008	Other	2291652
Orlando Nmn Bravo	Managing partner / member / member of board of managers	1 Mar 2008	Other	2265188
Lee Mark Mitchell	Managing partner / member / member of board of managers / chief compliance officer	1 Mar 2008	Other	4730283
Carl Dee Thoma	Managing partner / member / member of board of managers	1 Mar 2008	Other	4730282
Amy Luella Coleman Redenbaugh	Chief financial officer / compliance manager	1 Aug 2008	Other	2703329
Seth Joseph Boro	Managing partner / member of board of managers	1 Nov 2013	Other	6316127
Paul Holden Spaht	Managing partner / member of board of managers	1 Nov 2013	Other	2638065
Seth Joseph Boro	Managing partner / member / member of board of managers	1 Jun 2014	Other	6316127
Paul Holden Spaht	Managing partner / member / member of board of managers	1 Jun 2014	Other	2638065
Steven Anthony Schwab	Chief compliance officer	1 Jan 2018	Other	4589027

Based in Chicago

The principal office where Thoma Bravo, LLC performs its advisory services is located at 150 North Riverside Plaza, Chicago, IL 60606 1599, which is also the mailing address of the firm. An additional office of the firm is in San Francisco, CA. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 312-254-3300 or by fax 312-254-3301. The normal business hours are 8:30 am cst to 5:30 pm cst on Monday - Friday. You can find more information about the New York firm at thomabravo.com.