Black Diamond Capital Management, L.L.C. (Greenwich)

Name: Black Diamond Capital Management, L.L.C.
Address: One Sound Shore Drive, Suite 200, Greenwich, CT, 06830
Telephone: 203-552-0888

Black Diamond Capital Management, L.L.C. is a large advisory firm based in Greenwich. It manages $9.35 billion of regulatory assets for 40 client accounts. It has been registered with the SEC as an adviser since 2010 and has operated in the jurisdictions of Connecticut and Virgin Islands, U.S..

Black Diamond Capital Management, L.L.C provides portfolio management for pooled investment vehicles. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Black Diamond Capital Management, L.L.C: assets under management

The assets under management (AUM) of Black Diamond Capital Management, L.L.C. is $9.35 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 70% since the beginning of its operation, and $6.39 billion of the total AUM is attributable to clients outside of the United States.

The firm manages $9.35 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $233.75 million each.

Black Diamond Capital Management, L.L.C has custody of $6.42 billion in cash and securities for 24 clients in total but doesn’t act as a qualified custodian.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Black Diamond Capital Management, L.L.C. for their services and products based on a percentage of assets under management and performance-based fees. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Black Diamond Capital Management, L.L.C serves?

The only and largest group of clients of Black Diamond Capital Management, L.L.C is pooled investment vehicles with 40 clients and $9.35 billion of assets under management. Among the 5 most similar advisory firms, Black Diamond Capital Management, L.L.C has the highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $9.35 billion for 40 clients. 73% of the firm’s clients are foreign persons or businesses.

Black Diamond Capital Management, L.L.C also advises several private funds. Namely, three hedge funds, thirteen private equity funds, and sixteen securitized asset funds. The minimum investment commitment required of non-related persons ranges from $0 to $10,000,000.

Careers at Black Diamond Capital Management, L.L.C.

The company employs 96 people that are either part- or full-time employees. 33 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.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Stephen Henry Deckoff	Managing principal	1 Dec 1995	Other	1765839
Mounir A (Mi Only) Nahas	Chief operating officer	1 Mar 2004	Other	4188035
L.L.C. Black Diamond Capital Holdings	Member	1 Oct 2006	75% - 100%	42-1713257
Samuel (Nmn) Goldfarb	General counsel & chief compliance officer	1 Jun 2007	Other	5822078

Indirect Owners

The SEC currently registers 2 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Stephen Henry Deckoff	Member	1 Feb 1997	75% - 100%	1765839
Llc Sd Investments	Member	1 Oct 2006	75% - 100%	06-1486201

Based in Greenwich

The principal office where Black Diamond Capital Management, L.L.C. performs its advisory services is located at One Sound Shore Drive, Suite 200, Greenwich, CT 06830, which is also the mailing address of the firm. An additional office of the firm is in Lake Forest, IL. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 203-552-0888 or by fax 203-552-1012. The normal business hours are 8:00 a.m. - 6:00 p.m. on Monday - Friday. You can find more information about the New York firm at bdcm.com.