Center Coast Capital Advisors, LP

Center Coast Capital Advisors, LP is an investment management firm based out of Houston, Texas. The company was established in 2007 by cofounders Dan Tutcher, Steve Sansom and Darrell Horn, all of whom are still with the company today acting as its principals. Center Coast Capital Advisors has grown from its inception to now have 11 employees of which 7 are investment professionals. The firm is employee owned and operates under its parent holding company Center Coast Capital Holdings LLC. Center Coast Capital Advisors conducts its research internally and utilizes technical and fundamental methodologies to make its investment decisions. The company focuses on energy related master limited partnerships and manages its held assets with “an investment process focused on due diligence from an owner-operator perspective.” Center Coast Capital Advisors focuses on producing a portfolio of the highest quality MLPs with the : most durable cash flows, transparent growth prospects and quality management teams in order to generate a high level of risk-adjusted returns.” With this in mind, the company invests almost exclusively in the energy sector, which alone makes up over 90% of its total asset allocations, and also invests in the utilities and telecommunications and materials sectors to a lesser degree, in order of decreasing allocation. Center Coast Capital Advisors holds over $4.6 billion in total assets under management spread across 969 accounts, of which 755 are discretionary accounts making up the bulk of its assets and the remaining 214 nondiscretionary accounts making up the minority $80 million of its managed assets. Both the company’s total number of accounts and total assets under management have been increasing in recent years with its total managed assets growing significantly from $46 million back in 2010 to almost 100 times that amount today. Center Coast Capital Advisors mainly caters to high net worth individuals and offers its Center Coast MLP & Infrastructure Fund.