The Capstreet Group, LLC (Houston)

Name: The Capstreet Group, LLC
Address: 1001 Louisiana, Houston, TX, 77002 5089
Telephone: 713-332-2700

The Capstreet Group, LLC is a large advisory firm based in Houston. It manages $1.04 billion of regulatory assets for 3 client accounts. It has been registered with the SEC as an adviser since 2012 and has operated in the jurisdiction of Texas.

The Capstreet Group provides portfolio management for pooled investment vehicles. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

The Capstreet Group: assets under management

The assets under management (AUM) of The Capstreet Group, LLC is $1.04 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 355% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $1.04 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $345.36 million each.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay The Capstreet Group, 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 The Capstreet Group serves?

The only and largest group of clients of The Capstreet Group is pooled investment vehicles with 3 clients and $1.04 billion of assets under management. Among the 8 most similar advisory firms, The Capstreet Group has the 3rd highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $1.04 billion for 3 clients. None of the firm’s clients are foreign persons or businesses.

The Capstreet Group also advises several private funds. Namely, three private equity funds. The minimum investment commitment required of non-related persons is $1,000,000 for each fund.

Careers at The Capstreet Group, LLC

The company employs 21 people that are either part- or full-time employees. 62 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

Name	Entity	Date acquired	Ownership	Employer ID
George Bernard Kelly	Elected manager, member, chairman and chief executive officer	1 Jan 1997	75% - 100%	1001406
Katherine Lois Kohlmeyer	Chief compliance officer and chief financial officer	1 Feb 2002	Other	4334990
Katherine Lois Kohlmeyer	Chief compliance officer and chief financial officer	1 Dec 2007	Other	4334990
George Bernard Kelly	Elected manager, member, chairman and chief executive officer	1 Dec 2007	75% - 100%	1001406
Michael Neil Kallmeyer	Managing partner	1 Mar 2013	Other	1968196
Katherine Lois Kohlmeyer	Chief operating officer, managing partner	1 Oct 2018	Other	4334990
Mary Anne Capo	Chief financial officer, chief compliance officer	1 Oct 2018	Other	7059791
L.P. Capstreet Management	Sole member	1 Aug 2019	75% - 100%	293055

Indirect Owners

The SEC currently registers 4 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
George Bernard Kelly	Limited partner	1 Oct 2008	25% - 50%	1001406
Michael Neil Kallmeyer	Limited partner	1 Aug 2019	25% - 50%	1968196
Llc Capstreet Management Holdco	General partner	1 Aug 2019	Other	84-1989112
George Bernard Kelly	Member	1 Aug 2019	25% - 50%	1001406

Based in Houston

The principal office where The Capstreet Group, LLC performs its advisory services is located at 1001 Louisiana, Houston, TX 77002 5089, 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 713-332-2700 or by fax 713-332-2702. The normal business hours are 8:30 - 5:30 on Monday - Friday. You can find more information about the New York firm at capstreet.com and its LinkedIn profile.