Tortoise Capital Advisors/Mariner Holdings - Facts at a Glance
Facts at a Glance
| Tortoise Capital Advisors, LLC (Tortoise) as of 5/31/09 | Mariner Holdings, LLC (Mariner) as of 4/30/09 | Tortoise/Mariner Combined Data |
|---|---|---|
| Assets under Management: $2.0 billion | Assets under Management: $1.3 billion | Assets under Management: $3.3 billion |
| Employees: 33 | Employees: 53 | Employees: 86 |
| Separate Account Clients: 224 | Separate Account Clients: 377 | Separate Account Clients: 601 |
| Publicly Trade Funds: 4 | Publicly Trade Funds: 0 | Publicly Trade Funds: 4 |
| Private Funds: 2 | Private Funds: 4 | Private Funds: 6 |
| Number of employees with CFA designations: 8 | Number of employees with CFA designations: 5 | Number of employees with CFA designations: 13 |
Facts about Tortoise and its Investment Strategy [ top ]
- Tortoise Capital Advisors, LLC was founded in 2002 by an experienced team of five investment professionals to provide energy infrastructure MLP investment services to individual and institutional investors.
- Tortoise invests in energy infrastructure MLP companies that own interests in or operate more than 70,000 miles of petroleum pipelines, more than 150,000 miles of natural gas pipelines and more than 400 refined products terminals.
- In total, Tortoise portfolio companies own interests in or operate more than 225,000 miles of petroleum, refined product, and specialty product pipelines, enough to wrap around the earth more than 9x or nearly reach the moon.
- These MLP companies also distribute propane to more than 1.4mm customers across the U.S.
- Tortoise portfolio companies' assets are geographically diversified with operations in all of the lower 48 states as well as parts of Canada and Mexico.