Tsl Advisers, LLC (Fort Worth)

Name: Tsl Advisers, LLC
Address: 301 Commerce Street, Fort Worth, TX, 76102
Telephone: 817-871-4000

Tsl Advisers, LLC is a large advisory firm based in Fort Worth. It manages $1.73 billion of regulatory assets for 1 client accounts. It has been registered with the SEC as an adviser since 2011 and has operated in the jurisdictions of California, Massachusetts, and Texas.

Tsl Advisers provides portfolio management for investment companies. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Tsl Advisers: assets under management

The assets under management (AUM) of Tsl Advisers, LLC is $1.73 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 160% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $1.73 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $1.73 billion each.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Tsl Advisers, LLC for their services and products based on a percentage of assets under management and performance-based fees. The adviser charges an additional fee when a set benchmark is outperformed. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Alan Samuel Waxman serves?

The only and largest group of clients of Alan Samuel Waxman is business development companies with 1 clients and $1.73 billion of assets under management. Among the 9 most similar advisory firms, Tsl Advisers has the highest percentage of business development companies out of all clients.

The amount of regulatory assets under management is $1.73 billion for 1 clients. None of the firm’s clients are foreign persons or businesses.

Tsl Advisers doesn't advise any private funds.

Careers at Tsl Advisers, LLC

The company employs 36 people that are either part- or full-time employees. 75 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.

There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Alan Samuel Waxman has been acting as President since 1 Dec 2014. Llc Special Situations Gp joined the executive team most recently as the General Partner.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
David Craig Reintjes	Chief compliance officer/assistant secretary	1 Jul 2010	Other	5328983
David Nmi Bonderman	Elected manager/president	1 Jul 2010	Other	1892040
James George Coulter	Elected manager/senior vice president	1 Jul 2010	Other	5085548
John Edward Viola	Vice president/treasurer	1 Jul 2010	Other	5460494
Ronald Cami	Vice president/secretary	1 Jul 2010	Other	5873646
David Nmn Bonderman	Elected manager/president	1 Jul 2010	Other	1892040
Ronald Nmn Cami	Vice president/secretary	1 Jul 2010	Other	5873646
Llc Tpg Specialty Lending Management	Title: service member; class of security held: service units	1 Feb 2011	50% - 75%	27-5013544
L.P. Tsl Equity Partners	Title: investment member; class of security held: investment units	1 Feb 2011	75% - 100%	27-5013507
Joshua William Easterly	Vice president	1 Feb 2011	Other	5110596
L.P. Tpg Holdings Ii	Managing member/service member(service llc units)/investment member(investment llc units)	1 Feb 2011	25% - 50%	27-1346320
Llc Tpg Professional Vehicle	Investment member (investment llc units)	1 Feb 2011	50% - 75%	27-5013507
David Stiepleman	Vice president	1 Feb 2011	Other	5893476
Joshua Easterly	Vice president	1 Feb 2011	Other	5110596
David Eric Stiepleman	Vice president	1 Feb 2011	Other	5893476
L.P. Tpg Holdings Ii Sub	Title: service member and investment member; class of security held: service units and investment units	1 Apr 2011	25% - 50%	38-3856865
Llc Tpg Specialty Lending Management	Title: service member; class of security held: service units	1 Apr 2011	50% - 75%	27-5013544
L.P. Tpg Specialty Lending Management	Title: service member; class of security held: service units	1 Apr 2011	50% - 75%	27-5013544
L.P. Tpg Holdings Ii Sub	Title: service member and investment member; class of security held: service units and investment units	1 Jan 2012	25% - 50%	38-3856865
Alan Jay Kirshenbaum	Vice president/assistant treasurer	1 Jan 2012	Other	4157107
Steven Sam Pluss	Vice president/assistant treasurer	1 Sep 2013	Other	1412157
Justin Patrick Meagher	Chief compliance officer	1 Feb 2014	Other	6302421
Jennifer Brown Mello	Secretary	1 Feb 2014	Other	6302524
L.P. Tpg Specialty Lending Profits Holdings	Employee member	1 Mar 2014	Other	47-2456255
Jennifer Brown Mello	Chief compliance officer	1 Jun 2014	Other	6302524
Alan Samuel Waxman	President	1 Dec 2014	Other	3102837
Jennifer Brown Mello	Vice president/secretary	1 Dec 2014	Other	6302524
Jennifer E. Gordon	Chief compliance officer / vice president / assistant secretary	1 Dec 2014	Other	4907532
Steven Sam Pluss	Vice president/treasurer	1 Dec 2014	Other	1412157
Llc Tssp Holdco Management	Managing member	1 Dec 2014	Other	454758304
Ian Timothy Simmonds	Chief financial officer	1 Nov 2015	Other	5028367

Indirect Owners

The SEC currently registers 26 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
David Nmn Bonderman	Shareholder ; elected manager	1 Dec 2006	75% - 100%	1892040
James George Coulter	Shareholder ; elected manager	1 Dec 2006	75% - 100%	5085548
Inc. Tarrant Capital Advisors	Shareholder	1 Jan 2007	75% - 100%	20-8058213
L.P. Tpg Group Holdings (Sbs)	General partner	1 Dec 2009	75% - 100%	26-3895996
L.P. Tpg Partner Holdings	Limited partner	1 Dec 2009	75% - 100%	98-0519570
L.P. Tpg Holdings	Limited partner	1 Dec 2009	75% - 100%	98-0515269
Llc Tpg Holdings Ii A	General partner	1 Dec 2009	75% - 100%	27-1656806
L.P. Tpg Group Holdings (Parallel)	Limited partner	1 Dec 2009	75% - 100%	26-3895996
Inc. Tpg Group Advisors (Cayman)	General partner	1 Dec 2009	Other	98-0649379
Inc. Tpg Group Advisors	General partner	1 Dec 2009	Other	26-3202842
Inc. Tarrant Advisors	General partner	1 Mar 2010	Other	75-2799850
Llc Tpg Holdings Ii A	General partner	1 Jun 2010	75% - 100%	271656806
Alan Samuel Waxman	Member / elected manager	1 Feb 2011	50% - 75%	3102837
Llc Special Situations Gp	Managing member	1 Feb 2011	Other	27-5022077
Llc Tsl Professional Managing Member	Member	1 Feb 2011	75% - 100%	27-5022077
Inc. Tarrant Advisors	General partner	1 Mar 2011	Other	75-2799850
L.P. Tpg Holdings Ii	General partner	1 Nov 2011	50% - 75%	27-1346320
Inc. Coulco	Limited partner	1 Nov 2011	50% - 75%	75-2501132
Inc. Bondco	Limited partner	1 Jan 2012	25% - 50%	752447912
Inc. Coulco	Limited partner	1 Jan 2012	25% - 50%	752501132
Alan Samuel Waxman	Shareholder	1 Feb 2012	25% - 50%	3102837
L.P. Tpg Holdings Ii Sub	Member	1 Jun 2014	50% - 75%	383856865
Michael Evan Fishman	Member	1 Jul 2014	50% - 75%	6631690
L.P. Tpg Special Situations Partners Management Company	Member	1 Dec 2014	25% - 50%	455450532
Llc Special Situations Gp	General partner	1 Jun 2016	Other	27-5022077
L.P. Tpg Special Situations Partners Management Company	Limited partner	1 Jun 2016	75% - 100%	45-4758304

Based in Fort Worth

The principal office where Tsl Advisers, LLC performs its advisory services is located at 301 Commerce Street, Fort Worth, TX 76102, which is also the mailing address of the firm. An additional office of the firm is in New York, NY. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 817-871-4000 or by fax 817-871-4088. The normal business hours are 8:30 - 5:30 p.m. on Monday - Friday. You can find more information about the New York firm at tpgspecialtylending.com.