GROVESTREET other names

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Adviser Profile

As of Date:

05/01/2024

Adviser Type:

- Large advisory firm

Number of Employees:

36 -2.70%

of those in investment advisory functions:

8 -11.11%

Registration:

SEC, Approved, 5/21/2001

AUM:

6,484,561,795 -9.13%

of that, discretionary:

6,293,695,850 -8.64%

Private Fund GAV:

5,688,769,256 -5.93%

Avg Account Size:

140,968,735 -13.08%

SMA’s:

NO

Private Funds:

42 2

Contact Info

781 xxxxxxx

Websites :
Client Types:

+

Advisory Activities:

+

Compensation Arrangments:

+

Reported AUM

Discretionary
Non-discretionary
8B 7B 6B 5B 4B 2B 1B
2015 2016 2017 2018 2019 2020 2021 2022 2023

Recent News

Meet the 'Soap Girl' at Downtown Jersey City Farmer's Market
04/09/2021

JERSEY CITY, NJ - Anyone that ventured down to the Grove Street PATH Plaza on Thursdays over the last ... Her parents insisted that the money go towards a college fund, and Phoebe is currently enrolled as a freshman at New Jersey City University.

tapinto.net

Normal Council Moves Up Oakdale Water Main Replacement
04/06/2021

A Normal subdivision plagued by aging water mains and discolored water will see those pipes replaced two years ahead of schedule after the Normal Town

peoriapublicradio.org

Maine AG: Former officer acted in self-defense in 2018 Bangor shooting
04/06/2021

Apr. 5—A former Bangor police officer acted in self-defense when he shot and wounded a man brandishing a knife on Grove Street more than two years ago, according to Attorney General Aaron Frey's ...

yahoo.com

Otterbein University Tuition & Financial Aid
04/01/2021

Financial aid refers to funding that students can use to pay for college and is generally awarded based on need or merit. Need-based aid is determined by your or your family’s demonstrated ...

usnews.com

County Bringing Law Library Into 21st Century
03/31/2021

Hamilton County Commissioners voted on Wednesday to approve the Tennessee General Assembly repealing an act from the 1960’s in order to create an electronic law library. County Attorney Rheubin Taylor said this was requested by the local legislative delegation.

chattanoogan.com

Newmarket
03/04/2021

A562 Merseyside both ways severe disruption, between A5039 Catharine Street and A5048 Grove Street. A562 Merseyside - A562 Upper Parliament Street in Canning, Liverpool closed in both directions ...

bbc.com


Private Funds Structure

Fund Type Count GAV
Private Equity Fund 42 $5,688,769,256

Similar advisers

Adviser Hedge Fund Liquidity Fund Private Equity Fund Real Estate Fund Securitized Asset Fund Venture Capital Fund Other Fund Total Private Fund GAV AUM # funds
ONE ROCK CAPITAL - - 10.4b - - - - 10.4b 10.4b 14
WESTCAP MANAGEMENT, LLC - - 6.3b - - - - 6.3b 6.3b 35
WEBSTER EQUITY PARTNERS, L.P. - - 8.1b - - - - 8.1b 7.5b 22
WELCH & FORBES LLC - - 13.6k - - - - 13.6k 7.9b 4
ONE INVESTMENT MANAGEMENT US LLC - - 6.8b - - - - 6.8b 6.8b 1
PARTHENON CAPITAL PARTNERS - - 12.9b - - - - 12.9b 12.9b 15
CBRE INVESTMENT MANAGEMENT INFRASTRUCTURE INC. - - 3.3b - - - - 3.3b 8.6b 1
NOVACAP MANAGEMENT INC. - - 2.5b - - - - 2.5b 7.4b 21
SIRIS CAPITAL GROUP, LLC - - 7.3b - - - - 7.3b 7.3b 13
HQ CAPITAL PRIVATE EQUITY LLC - - 4.1b - - - - 4.1b 7.8b 36

Private Funds



Employees




Brochure Summary

Overview

GroveStreet’s principal business is building customized private equity and venture capital fund portfolios for qualified institutional investors in a separate account format. As such, GroveStreet provides investment management and supervisory services with regard to the selection, monitoring, reporting and realization of investments, principally in limited partnership interests of professionally managed private equity and venture capital funds. GroveStreet also provides investment management services with respect to co-investments in privately held operating companies. Large institutional investors who wish to delegate investment management in this specialized area and to retain the services of GroveStreet as investment manager form, for the purpose of managing the investor’s assets, a dedicated limited liability company or limited partnership vehicle (the “Programs”). The members or partners of each Program are typically a single institutional investor as the sole non- managing member or sole limited partner and an affiliate of
GroveStreet established as the managing member or general partner (the “GP Entities”). Each of the Programs are exempted from the definition of an investment company under Section 3(c)(1) or Section 3I(7) of the Investment Company Act of 1940, as amended. Investors may impose restrictions on certain securities or types of interests that may be acquired within a Program. GroveStreet was founded in 1998 as an independent investment advisory firm dedicated exclusively to managing institutional investors’ private equity portfolios based on their specific investment needs. The company is owned by the managing members. As of December 31, 2023, GroveStreet has total assets under management of $6,484,561,795, of which $6,293,695,850 is managed by GroveStreet on a discretionary basis and $190,865,945 is managed on a non-discretionary basis. Assets under management is defined as the current gross asset value of all Programs (not including prior distributions) as of December 31, 2023 plus capital committed but not yet contributed.