Bain Capital Real Estate, LP (Boston)


Bain Capital Real Estate, LP is a large advisory firm based in Boston. It manages $4.71 billion of regulatory assets for 5 client accounts. It has been registered with the SEC as an adviser since 2017 and has operated in the jurisdiction of Massachusetts.

Bain Capital Real Estate provides portfolio management for pooled investment vehicles and portfolio management for businesses and institutional clients. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Bain Capital Real Estate: assets under management

The assets under management (AUM) of Bain Capital Real Estate, LP is $4.71 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 42% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.


The firm manages $4.71 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $941.55 million each.

Investments

The firm invests in other assets the most. They account for 100% of the total AUM.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Bain Capital Real Estate, LP for their services and products based on a percentage of assets under management. 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 Bain Capital Real Estate serves?

The only and largest group of clients of Bain Capital Real Estate is pooled investment vehicles with 4 clients and $4.7 billion of assets under management. Among the 11 most similar advisory firms, Bain Capital Real Estate has the 3rd highest percentage of pooled investment vehicles out of all clients.


The amount of regulatory assets under management is $4.7 billion for 4 clients. None of the firm’s clients are foreign persons or businesses.

Bain Capital Real Estate also advises several private funds. Namely, four real estate funds. The minimum investment commitment required of non-related persons ranges from $0 to $10,000,000.

Careers at Bain Capital Real Estate, LP

The company employs 29 people that are either part- or full-time employees. 41 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
Michael De Courcy Ward Managing director 1 Jan 2005 Other 5458255
Scott Franklin Weisman Global chief compliance officer and senior regulatory counsel 1 Jul 2016 Other 6683283
Lp Bain Capital Limited partner 1 Dec 2017 75% - 100% 04-3511291
Llc Bain Capital Real Estate (Gp) General partner 1 Dec 2017 Other 82-3720135
Scott Franklin Weisman Managing director and global chief compliance officer 1 Jan 2018 Other 6683283
Michael Mark Epstein General counsel 1 Feb 2018 Other 6947179
Daniel Wyman Cummings Managing director 1 Feb 2018 Other 2589361
Matthew J Porcaro Chief financial officer 1 Feb 2018 Other 5458925
Shannon Riley Poulos Interim chief financial officer 1 Jan 2019 Other 7090478
Joseph Nello Marconi Managing director 1 Jan 2019 Other 7090480
Benjamin Samuel Brady Managing director 1 Jan 2019 Other 7090521
Elizabeth Carrillo Thomas Managing director 1 Jan 2019 Other 1742757
Kavindi Nilvka Wickremage Managing director 1 Jan 2019 Other 7090982
Gregory Francis Hegerich Chief compliance officer - bain capital real estate 1 Mar 2019 Other 7090452

Indirect Owners

The SEC currently registers 11 indirect owners.

Name Entity Date acquired Ownership Employer ID
Joshua Nmn Bekenstein Partner 1 Oct 1984 Other 5458226
Stephen Gerard Pagliuca Partner 1 Sep 1989 Other 4344369
John Patrick Connaughton Partner 1 Dec 1997 Other 4343603
Michael Alan Krupka Partner 1 Dec 1997 Other 5125779
Jonathan Scott Lavine Partner 1 Dec 1997 Other 1869945
Steven William Barnes Partner 1 Jan 2001 Other 5458225
Sean Michael Doherty Partner 1 Jan 2005 Other 5457249
Lp Bain Capital Member 1 Nov 2017 75% - 100% 043511291
Llc Bain Capital (Gp) General partner 1 Dec 2017 Other 475051499
Lp Bain Capital Holdings Limited partner 1 Dec 2017 75% - 100% 811074169
Christopher Gardner Green Partner 1 Sep 2018 Other 7090186

Based in Boston

The principal office where Bain Capital Real Estate, LP performs its advisory services is located at 200 Clarendon Street, Boston, MA 02116, 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 617-516-2500 or by fax 617-516-2289. The normal business hours are 7:30am-8:00pm on Monday - Friday.