Grove Street Advisors
Grove Street Advisors specializes in providing customized access to private equity for large institutional investors, managing over $10 billion in commitments since 1998.
Company History
Grove Street Advisors was founded in 1998. Over its more than two decades in operation, the firm has specialized in providing customized access for large institutional investors. Having celebrated its 20th anniversary in 2018, the company has grown to manage over $10 billion in commitments from 14 investors across 46 separate accounts. In 2020, Grove Street Advisors launched a biotech separate account with customized financial and societal measures. Located at 2221 Washington Street, Building 1, Suite 201, Newton, MA 02462, the firm has steadily built a reputation for its focused investment strategies and reliable execution.
Services
Grove Street Advisors offers a range of services to its institutional clients. These include creating fully customized separate accounts, providing strategic secondary purchases and sales, and co-investment opportunities. The firm is specialized in building custom portfolios in hard-to-access segments of private equity and manages investments across lower mid-market buyouts and venture capital. Additionally, Grove Street Advisors provides state-of-the-art accounting and reporting systems to facilitate ease, flexibility, and stability in investment processes.
Investment Strategy
Grove Street Advisors focuses on lower mid-market buyouts and venture capital. The firm invests in the US, Europe, and Asia and is known for backing first-time buyout and venture teams. It emphasizes creating fundamental enterprise value in its investments and incorporates Environmental, Social, and Governance (ESG) issues into its investment analysis and decision-making processes. The firm is a signatory to the Principles for Responsible Investment (PRI) and has established a PRI Committee to oversee its ESG efforts.
Leadership and Team
Grove Street Advisors is supported by a team of over 35 seasoned professionals. These experts contribute to managing the company's substantial investment commitments and ensuring the execution of its customized investment strategies. Their collective expertise supports the firm's mission to provide large institutional investors with access to niche market segments and reliable investment processes.
Regulatory Compliance
Grove Street Advisors is registered with the United States Securities and Exchange Commission (SEC) as an investment adviser. This registration underscores the firm’s commitment to maintaining high standards of regulatory compliance and operational transparency. Adhering to these regulatory requirements helps ensure trust and accountability in all its dealings and investment advisory services.