How does your firm mitigate conflicts that arise from managing accounts with differing fee structures? Capital Creek Partners manages $509.6 million and provides investment advisory services for 32 clients (1:11 advisor/client ratio). This Austin venture capitalist raised money from J.P. Morgan, Capital Creek Partners and others. The company doesn't manage any assets belonging to foreign clients. Why doesnt your firm use a secure website? compensation-related conflicts of interest, Types of Financial Advisors and How to Choose, What's a Fiduciary (and Why It Matters So Much). Jason is excellent at inspiring individuals, judging talent, and analyzing diverse business opportunities. The principal office where Capital Creek Partners, LLC performs its advisory services is located at 1303 San Antonio St, Austin, TX 78701, which is also the mailing address of the firm. Little League is more than just balls and strikes, and wins and losses, but more importantly teaches life lessons of perseverance and humility as well as the critical importance of teamwork in order to succeed. Questions to ask This could be detrimental to a client during down markets. Questions to ask From 1991-96, Mr. Gauntt was with Goldman Sachs Private Wealth Management in Houston and also worked at Paine Webber Inc., both in London and New York City, prior to obtaining his MBA from The University of Texas. All rights reserved. Associate Capstar Ventures Jul 2019 - Oct 20212 years 4. Chief Executive Officer CAPITAL CREEK PARTNERS ( CRD # 301211/SEC#:801-115166 ) CAPITAL CREEK PARTNERS, CAPITAL CREEK PARTNERS, LLC. 1303 SAN ANTONIO ST, Mr. Gauntt is currently the founding partner at Capital Creek Partners, a multi-family investment firm in Austin, Texas, as well as a co-founder and limited partner for Capstar Ventures, early-stage venture capital firm investing in consumer brands, in Austin. What does this mean? Questions to ask What percentage of income does your firm receive from fees versus commissions? The firm has a small team, including 9 financial advisors. Following a virtual meeting held on Friday, December 17, the Little League International Board of Directors announced the election of Robert Gauntt, a longtime investment and wealth management professional, to be its newest at-large director. Learn morehere. All Rights Reserved. Firm is a broker-dealer, or is affiliated with one, and may be subject to compensation-related conflicts of interest. View the latest funds and 13F holdings. On behalf of the entire Little League International Board of Directors, we are honored to welcome Robert to our board and look forward to utilizing his professional expertise and strong Little League volunteer background as we continue to strengthen and enhance the Little League program, said Hugh E. Tanner, Little League International Board of Directors Chairman. The number of clients served by it is unknown. We seek to invest in founders who are solving their own pain points and who directly relate to and resemble their customers because we have seen how that authentic connection translates into high growth companies, said Kathryn Cavanaugh, Founder and Managing Partner of Capstar Ventures. Does the firm offer products that have performance-based fees, or does it accept performance-based fees? Mr. Gauntt is currently the founding partner at Capital Creek Partners, a multi-family investment firm in Austin, Texas, as well as a co-founder and limited partner for Capstar Ventures, early-stage venture capital firm investing in consumer brands, in Austin. How do these benefits affect the firms selection of a broker-dealer partner? He led the initial acquisition team and continued to serve on our Board of Directors. Firm offers products that have performance-based fees; the managers of those products may be incentivized to take inappropriate risks to beat their performance benchmark. I have worked with Jason for over ten years. 120-Day Approval, with a registration date of Apr 29, 2019. Some firms receive these fees as payments, which creates an incentive to promote them. For example, front-running is when a financial professional buys or sell securities ahead of their client. For the most up-to-date information, please view the applicable SEC and FINRA reports above. View Filing. A Self-Regulatory Organization has previously found the firm or an advisory affiliate responsible for having an investment-related business have its authorization to do business denied, suspended, or revoked. Under Mr. Wackman's . Read through our introductory course to financial advisors. PitchBooks data visualizations help you see a limited partners commitmentsshowing a breakdown of activity by fund type and region, complete with performance metrics. It prepares financial plans for less than 10 clients. Austin, TX 78703. Credit. When performance-based fees are charged, the financial advisor is paid for outperforming a benchmark, typically an index. How does your firm approach insurance sales? Brush Creek Partners is a unique private equity firm founded and funded by entrepreneurs, families, and individuals, and many of us have worked and co-invested together in the past. Capital Creek Partners is a privately held investment firm serving influential families, endowments, foundations, and independent investment companies looking to expand their investment. 1608 W. 5th St., Suite 200, Austin, TX 78703. Jason Duzan is professional, down to earth, genuine, calm, supportive, and works with you like a true partner. Investor.com is your trustworthy guide to the world of personal finance. What does this mean? Internet Explorer presents a security risk. Financial planning services can include tax planning, estate planning, retirement planning, or life-based event planning such as saving for college, getting married, purchasing a home, paying down debt, or planning an inheritance. The $41.3 million was raised from an experienced group of individuals, family offices, and institutions including Capital Creek Partners, Tiger Partners L.P., and J.P. Morgan. He was raised on a corn and soybean farm in Colfax, Illinois, where hisparents still farm. January 17, 2023. Capital Creek Partners is a private wealth management investment firm that provides investment advisory services to individuals, families, trusts, estates, charitable organizations, foundations, and other clients. We bring extensive capabilities gained from senior leadership roles at a variety of leading industrial and service companies. CRD#: 6175119. What does this mean and why is it important? Written by investor.com. Jason and his family live in Birmingham, Michigan. The advisory firm has a single stream of revenue. Listen in to hear Doug and Patrick discuss why human capital is a gamechanger, why building a team is an art and , HCI Co-Founder, Managing Partner and Chief Investment Officer, Doug McCormick, recently joined Justin Fortier on Seraph Consultings new podcast, Manufacturing Excellence. What does this mean? Colfax Creek takes a long-term approach to investing in "smaller" middle market companies. With Colfax Creek, Jason is a managing partner and board member for Midwest Innovative Products, Premier Engineered Products, Traverse City Products, and Dial Tool Industries. This arrangement creates a conflict where the firm and its representatives may be incentivized to insure clients with products, including annuities and life insurance, that generate high sales commissions when lower-cost alternatives may exist. Compare against similar firms. We are an investment partner organized to serve the needs of family offices, foundations, endowments, and private investment companies. Firm or a related person trades securities for themselves that they also recommend to their clients. These conflicts can negatively impact clients via hidden fees and overall higher costs. Former Chief Executive Officer Is your firm affiliated with a law firm in any capacity? All requests for updated information should also be reported directly to the SEC and/or FINRA. What does this mean and why is this important? AUSTIN, Texas--(BUSINESS WIRE)--Capstar Ventures L.P., an early-stage venture capital firm, announced today the close of its inaugural Fund I with $41.3 million of capital commitments. Kathryn embodies the type of fund manager we set out to back through the launch of our Project Spark initiative and we are thrilled to partner with Capstar Ventures on its inaugural fund, said Jamie Kramer, Head of Alternative Solutions at J.P. Morgan Asset Management and Investment Committee Chair for Project Spark. SaaS, Android, Cloud Computing, Medical Device), Where the organization is headquartered (e.g. Financial plans and investment portfolios are always unique to the client's personal financial situation. It doesnt run an office outside of the United States. What does this mean and why is it important? This could also limit the number and diversity of investment options available and may impact their transferability. What does this mean and why is it important? Little League. What does this mean? The firm's last reported SEC (U.S. Securities and Exchange Commission) status is listed as Active, Closed, This describes the type of investor this organization is (e.g. Founded in 2015, the firm has raised more than $1 billion in funds from corporate and institutional investors and invested in over 60 companies. Nipun Capital, Twelve Points Wealth Management, Alera Investment Advisors, Dorsey, Wright & Associates, O'brien Capital Advisors, Was this page helpful? Will any of my assets be invested in those products? Unlike HTTPS connections, HTTP connections are not encrypted. The firm was founded in 2019 by Robert Gauntt and Michael Miller. Track performance, allocation, dividends, and risks, Annotate, download XLSX & look up similar tables, Filter, compare, and track coins & tokens, Stocks and cryptocurrency portfolio tracker. What does this mean? His prior work experience includes Glencoe Capital and BMO Harris Bank. To ensure the most secure and best overall experience on our website, we recommend the latest versions of. FINRA data last verified November 07, 2022. Our system found no disciplinary alerts. Is your firm a broker-dealer or are you affiliated with one? Wed love to chat. What does this mean? Established in 2019, it offers broad investment advisory services to retail investors including individualized strategic advice and wealth management over diversified asset classes, including both public and private investments, also known as wealth management. Prior to forming Capital Creek, Mr. Gauntt co-founded Avalon Advisors in 2001, where he remained until 2018. All rights reserved. Visit Site Mike Miller Capital Creek Partners Mike Miller, CFA, CAIA Founding Partner EDUCATION The University of Texas at Austin (MBA), Texas Christian University (BBA) Prior to co-founding Capital Creek, Mike was the CFO at a prominent San Antonio family office. SEC / JURISDICTION. For more information, please visit www.capstarventures.com or email venture@capstarventures.com. These fees dont include brokerage commissions, interest, taxes, and other account expenses. A regulatory agency has previously denied, suspended, or revoked the firms or an advisory affiliates registration or license or otherwise restricted their activities. Over the last twenty-plus years, Jason Duzan has led nearly two billion in private investment transactions, developed new investment opportunities, and managed a diverse portfolio of operating companies. Established in 2019, it offers broad investment advisory services to retail investors including individualized strategic advice and wealth management over diversified asset classes, including both public and private investments, also known as wealth management. Does your fim accept soft-dollar benefits? As a result, unlike hedge funds, there is no historical performance for any financial advisory firm. A regulatory agency other than the SEC or CFTC has previously found the firm or an advisory affiliate responsible for having an investment-related business have its authorization to do business denied, suspended, or revoked. For instance, research has shown that mutual funds that use incentive fees take on more risk than funds that do not, and tend to double down and increase their risk following a poor performance. Firm is affiliated with an insurance company or agent who may be motivated to insure clients with products that generate high sales commissions when lower cost alternatives may exist. It has been registered with the SEC as an adviser since 2019 and has operated in the jurisdiction of Texas. What conflicts do I need to be made aware of? Capital Creek Partners is a privately held investment firm serving influential families, endowments, foundations, and independent investment companies looking to expand their investment capabilities, particularly in private markets, where we look to establish long term partnerships with best in class management teams. What does this mean? AUSTIN, Texas-- ( BUSINESS WIRE )--Capstar Ventures L.P., an early-stage venture capital firm, announced today the close of its inaugural Fund I with . In the past ten years, a regulatory agency other than the SEC or CFTC has previously entered an order against this firm or an advisory affiliate in connection with an investment-related activity. To file a complaint or dispute with this firm, please fill out the SEC Investor Complaint Form. Any data inaccuracies, please contact our team. Firms that receive soft-dollar benefits could be incentivized to push trades through broker-dealers that provide advantages to the firm instead of through broker-dealers that could provide the best execution for their clients. He is a thoughtful listener that processes and understands complex business issues quickly. Over the course of my career, I have had the opportunity to partner with multiple private equity funds and by extension been fortunate to work with extraordinarily talented individuals. What does this mean? We seek to invest in the best and brightest entrepreneurs solving their own pain points and addressing unmet consumer needs in todays rapidly changing consumer landscape. Encore Rehabilitation. We have committed capital and are actively seeking new investment opportunities. A domestic or foreign court has previously found firm or an advisory affiliate was involved in a violation of investment-related statutes or regulations. The adviser's REGISTRATION status is listed below. He has shown himself to be a professional with superior understanding, knowledge, and skills in financial management and investment strategy. What does this mean? Stanford University (MBA), Vanderbilt (BA). The firm doesnt compensate employees in addition to the salary for bringing in new clients. He was insightful and calm as we experienced the typical growing pains of a fast-paced company. Capstar Ventures L.P. announced today the close of its inaugural Fund I with $41.3 million of capital commitments. You can reach the main office by calling the phone number 2102967119. He was recently appointed by Texas Governor Greg Abbott to serve on the Texas Higher Education Coordinating Board and was previously a Trustee for the Teacher Retirement System of Texas (TRS) from 2008-11, serving as Chair for the Risk Management Committee and Investment Management Committee. She's involved with something called Project Spark, a J.P. Morgan Asset Management aimed at helping . ACE Bakery. SUITE 100, AUSTIN, TX. The SEC or CFTC has previously entered an order against this firm or an advisory affiliate in connection with an investment-related activity. We capitalize stars. We invest in sustainable, decentralized infrastructure to help individuals, companies and communities increase value and reduce their carbon footprint. Reach us at info@capitalcreek.com or one of our offices across Texas. Employees dont receive compensation from other entities for client referrals. In the past ten years, firm or an advisory affiliate has been convicted of or pled guilty or nolo contendere ("no contest") in a domestic, foreign, or military court to a misdemeanor involving: investments or an investment-related business, or any fraud, false statements, or omissions, wrongful taking of property, bribery, perjury, forgery, counterfeiting, extortion, or a conspiracy to commit any of these offenses. Copyright 2003-2023 Simply put, Jason has both substance and style. As a financial advisory firm, Capital Creek Partners can provide a variety of financial planning services for Americans. The University of Georgia (BBA) Jordyn previously worked as an associate at Capstar Ventures, an early-stage venture capital firm investing in consumer brands. As a result, we do not support personal reviews on the site. Capstar Ventures is the first fund to close as part of J.P. Morgan Asset Managements Project Sparka new initiative in which J.P. Morgan invests balance sheet capital in diverse, emerging alternatives fund managers, including minority-led and women-led venture capital funds. Angel, Fund of Funds, Venture Capital), Capital Creek Partners is an investment management company, Find More Contacts for Capital Creek Partners, Edit Lists Featuring This Company Section, Venture Capital Investors with Investments in Greater Boston Area, Venture Capital Investors with Investments in Northeastern US, Venture Capital Investors with Investments in United States. By visiting these sites, you are subject to their terms of use (IAPD, BrokerCheck). Founded by Kathryn Cavanaugh in 2019, Capstar Ventures invests nationwide in innovative consumer companies. Importantly, we align ourselves with our partners as we invest alongside them in everything we do. Jason stands out as someone who has keen business judgment, fosters calculated risk-taking and is incredibly down to earth. Capital Creek Partners Jan 2019 - Present4 years 4 months San Antonio, Texas Area Advisory Board Member Treaty Oak Equity LLC Nov 2017 - Present5 years 6 months Austin, Texas Adjunct Professor. This arrangement creates a conflict where the firm and its representatives may be motivated to insure clients with products, including annuities and life insurance, that generate high sales commissions when lower-cost alternatives may exist. The assets of the firm are managed by its executive management team.
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