CORNERSTONE PARTNERS
CORNERSTONE PARTNERS CAPITAL MANAGEMENT, LLC Legal Name
Adviser information for CORNERSTONE PARTNERS last updated from Form ADV on March 27th, 2024. Select data displayed; additional Form ADV, Form D, Form 13F and other data is available from the Fincoded API.
Advisory Business
| Type of Organization | Limited Liability Company |
|---|---|
| Fiscal Year End | DECEMBER |
| Legal Location | Delaware, United States |
Employees
| Total Number of Employees | 30 |
|---|---|
| Investment Advisory/Research | 15 |
| Registered Broker-Dealer Representatives | 0 |
| Registered State Investment Advisers | 0 |
| Licensed Agents of an Insurance Company | 0 |
| No. of Firms/People that Solicit Clients | 0 |
RAUM
| Provides Management of Securities Portfolios | Yes |
|---|
| Type | Accounts | RAUM |
|---|---|---|
| Discretionary | 21 | $18.6B |
| Non-Discretionary | 1 | $1.4B |
| Total | 22 | $20.0B |
Clients
| Type | Number | RAUM |
|---|---|---|
| Individuals | 0 | $0 |
| HNW Individuals | 0 | $0 |
| Banking or thrift institutions | 0 | $0 |
| Investment companies | 0 | $0 |
| Business development companies | 0 | $0 |
| Pooled investment vehicles | 5 | $321.3M |
| Pension and profit sharing plans | 0 | $0 |
| Charitable organizations | 17 | $19.7B |
| State or municipal gov entities | 0 | $0 |
| Other investment advisers | 0 | $0 |
| Insurance companies | 0 | $0 |
| Sovereign wealth funds and foreign official institutions | 0 | $0 |
| Corporations or other businesses | 0 | $0 |
| Other | 0 | $0 |
| Type | Number |
|---|---|
| No. of Non-RAUM Clients | 0 |
| No. of Non-U.S. Clients | 5 |
Services
| Advisory Services | Portfolio management for pooled investment vehiclesPortfolio management for businesses or institutional clientsSelection of other advisers (including private fund managers) |
|---|---|
| Compensation | % of AUMPerformance-based fees |
Principal Office
675 PETER JEFFERSON PARKWAYSUITE 400
CHARLOTTESVILLE
VA
United States
Monday - Friday, 9AM - 5 PM
Tel: 434-296-2300, Fax: 434-296-0922
Chief Compliance Officer
ISHRAGA ELTAHIR
675 PETER JEFFERSON PKWY
SUITE 400
CHARLOTTESVILLE
VA
United States
Tel:
434-984-9300
I*******@************M
(Full email address available in API data)
Industry Affiliates
| None |
Private Funds
| Name | Type | Assets $USD | Min Investment $USD | No. Owners |
|---|---|---|---|---|
| CPCM DAF MASTER LP | Hedge Fund | $119.3M | $5.0M | 9 |
| CPCM PEF LP | Hedge Fund | $103.7M | $5.0M | 11 |
| CPCM PIF II LP | Private Equity Fund | $65.5M | $1.0M | 9 |
| CPCM PIF LP | Private Equity Fund | $32.8M | $1.0M | 13 |
Control Persons
| Name | Type | Entity | Title | Since | Ownership |
|---|---|---|---|---|---|
| SCHUYLER, KEVIN, WILLIAM | Individual | – | MANAGING DIRECTOR, MEMBER | 10/2020 | < 5% |
| FOCUS OPERATING, LLC | Domestic Entity | – | MEMBER (MANAGER) | 10/2020 | > 75% |
| FOCUS FINANCIAL PARTNERS, LLC | Domestic Entity | FOCUS OPERATING, LLC | MEMBER | 01/2007 | > 75% |
| FOCUS FINANCIAL PARTNERS INC. | Domestic Entity | FOCUS FINANCIAL PARTNERS, LLC | MEMBER | 07/2018 | > 75% |
| LAING, CHRISTOPHER, CAULKINS | Individual | – | MANAGING DIRECTOR, MEMBER | 10/2020 | < 5% |
| GALIE, SHANE, BRADFORD | Individual | – | MANAGING DIRECTOR, MEMBER | 10/2020 | < 5% |
| HENNINGSEN, KRISTIN, LINDGREN | Individual | – | MANAGING DIRECTOR OF OPERATIONS, MEMBER | 10/2020 | < 5% |
| Polk JR, Jerry, NMN | Individual | – | MANAGING DIRECTOR, MEMBER | 10/2020 | < 5% |
| KNERR, PETER, WILLIAM | Individual | – | MANAGING DIRECTOR, MEMBER | 10/2021 | < 5% |
| Davis, Carrie, E | Individual | – | MANAGING DIRECTOR OF OPERATIONS, MEMBER | 10/2021 | < 5% |
| Roller, Laura, E | Individual | – | MANAGING DIRECTOR, MEMBER | 01/2022 | < 5% |
| Harbilas, Peter, M | Individual | – | MANAGING DIRECTOR, MEMBER | 01/2022 | < 5% |
| Eltahir, Ishraga | Individual | – | CCO | 12/2022 | < 5% |
| FERDINAND FFP ACQUISITION, LLC | Domestic Entity | FOCUS FINANCIAL PARTNERS INC. | SHAREHOLDER, CLASS A COMMON STOCK | 08/2023 | > 75% |
| FERDINAND FFP ULTIMATE HOLDINGS, LP | Domestic Entity | FOCUS FINANCIAL PARTNERS INC. | SHAREHOLDER, CLASS B COMMON STOCK | 08/2023 | > 75% |
| FERDINAND FFP INTERMEDIATE HOLDINGS, LP | Domestic Entity | FERDINAND FFP ACQUISITION, LLC | MEMBER | 08/2023 | > 75% |
| FERDINAND FFP PARENT, INC. | Domestic Entity | FERDINAND FFP INTERMEDIATE HOLDINGS, LP | MEMBER | 08/2023 | > 75% |
| FERDINAND FFP ULTIMATE HOLDINGS, LP | Domestic Entity | FERDINAND FFP PARENT, INC. | SHAREHOLDER | 08/2023 | > 75% |
| CD&R FERDINAND HOLDINGS, L.P. | Domestic Entity | FERDINAND FFP ULTIMATE HOLDINGS, LP | PARTNER | 08/2023 | 50-75% |
| CD&R FERDINAND CO-INVESTOR, L.P. | Foreign Entity | CD&R FERDINAND HOLDINGS, L.P. | PARTNER | 08/2023 | 25-50% |
| CLAYTON DUBILIER & RICE FUND XII, L.P. | Foreign Entity | CD&R FERDINAND HOLDINGS, L.P. | PARTNER | 08/2023 | 50-75% |
| KWON, JAE, HYUN | Individual | – | DIRECTOR, MEMBER | 01/2021 | < 5% |
| GERSTENMAIER, ANNE, ALEXANDER | Individual | – | DIRECTOR, MEMBER | 11/2020 | < 5% |
| SCOTT, KATHRYN, ELIZABETH JARVIS | Individual | – | MANAGING DIRECTOR, MEMBER | 05/2023 | < 5% |
No. Employees, Historic
RAUM, Historic
No. Clients, Historic
Holdings
From latest 13F, filed July 24th, 2024 for period ending June 30th, 2024
| Name | Class | Value $USD | # Shares | Private Fund |
|---|---|---|---|---|
| ISHARES TR | CORE S&P500 ETF | 76M | 139K | – |
| ISHARES TR | CORE US AGGBD ET | 6M | 67K | – |
| ISHARES TR | CRE U S REIT ETF | 5M | 97K | – |
| ISHARES TR | INTRM GOV CR ETF | 7M | 64K | – |
| ISHARES TR | CORE MSCI EAFE | 28M | 379K | – |
| ISHARES INC | CORE MSCI EMKT | 13M | 246K | – |
| SPDR INDEX SHS FDS | GLB NAT RESRCE | 20M | 352K | – |
| VANGUARD INTL EQUITY INDEX F | FTSE EMR MKT ETF | 21M | 482K | – |