Cvc Credit Partners U.S. Clo Management LLC (New York)

Name: Cvc Credit Partners U.S. Clo Management LLC
Address: 712 Fifth Avenue, 42 Nd Floor, New York, NY, 10019
Telephone: (212) 506-3858

Cvc Credit Partners U.S. Clo Management LLC is a large advisory firm based in New York. It manages $3.21 billion of regulatory assets for 6 client accounts. It has been registered with the SEC as an adviser since 2017 and has operated in the jurisdiction of New York.

Cvc Credit Partners U.S. Clo Management provides portfolio management for pooled investment vehicles and fees for originating loans and participation interests therein. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Cvc Credit Partners U.S. Clo Management: assets under management

The assets under management (AUM) of Cvc Credit Partners U.S. Clo Management LLC is $3.21 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 561% since the beginning of its operation, and $3.21 billion of the total AUM is attributable to clients outside of the United States.

The firm manages $3.21 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $535.12 million each.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Cvc Credit Partners U.S. Clo Management 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 Gretchen Lee Bergstresser serves?

The only and largest group of clients of Gretchen Lee Bergstresser is pooled investment vehicles with 6 clients and $3.21 billion of assets under management. Among the 7 most similar advisory firms, Cvc Credit Partners U.S. Clo Management has the highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $3.21 billion for 6 clients. 100% of the firm’s clients are foreign persons or businesses.

Cvc Credit Partners U.S. Clo Management also advises several private funds. Namely, six securitized asset funds. The minimum investment commitment required of non-related persons is $250,000 for each fund.

Careers at Cvc Credit Partners U.S. Clo Management LLC

The company employs 5 people that are either part- or full-time employees. 100 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.

Gretchen Lee Bergstresser has been acting as President since 1 Dec 2016. Cary Yiu Kong Ho joined the executive team most recently as the Global Head Of Clo Origination.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Cvc Credit Partners U.S. Clo Origination Corporation	Member- series a interests	1 Dec 2015	Other	36-4846923
Cvc Credit Partners U.S. Clo Management (Holdings) Limited	Member- series b interests	1 Dec 2015	75% - 100%	98-1331431
Llc Cvc Credit Partners U.S. Clo Holdings	Member- series c interests	1 Dec 2015	Other	81-4568544
Richard Charles Perris	General counsel	1 Dec 2016	Other	6555068
Anastasiya Vladimirovna Spector	Chief compliance officer	1 Dec 2016	Other	4463569
Gretchen Lee Bergstresser	President	1 Dec 2016	Other	2330229
Matthew James Swan	Director	1 Dec 2016	Other	6742352
Richard Peter Munn	Director	1 Dec 2016	Other	6049766
Philip John Raciti	Director	1 Dec 2016	Other	6743702
Richard Perris	General counsel	1 Dec 2016	Other	6555068
Christopher Dillon Allen	Chief operating officer	1 Dec 2016	Other	4504457
Cary Yiu Kong Ho	Global head of clo origination	1 Jan 2018	Other	4219906

Indirect Owners

The SEC currently registers 4 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Cvc Credit Partners Global Clo Management Limited	Shareholder	1 Dec 2015	75% - 100%	jersey
Llc Cvc Credit Partners	Sole member	1 Jul 2016	75% - 100%	59-3794454
Cvc Credit Partners Global Clo Management Limited	Shareholder	1 Dec 2016	75% - 100%	jersey
Llc Cvc Credit Partners	Sole member	1 Jul 2017	75% - 100%	59-3794454

Based in New York

The principal office where Cvc Credit Partners U.S. Clo Management LLC performs its advisory services is located at 712 Fifth Avenue, 42 Nd Floor, New York, NY 10019, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number (212) 506-3858. The normal business hours are 8am-6pm on Monday - Friday. You can find more information about the New York firm at cvc.com and its LinkedIn profile.