Bdca Adviser, LLC (New York)

Name: Bdca Adviser, LLC
Address: 9 West 57 Th Street, New York, NY, 10019
Telephone: 212-588-6770

Bdca Adviser, LLC is an investment adviser to a business development company based in New York. It manages $2.46 billion of regulatory assets for 1 client accounts. It has been registered with the SEC as an adviser since 2011.

Bdca Adviser 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.

Bdca Adviser: assets under management

The assets under management (AUM) of Bdca Adviser, LLC is $2.46 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 6956% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $2.46 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $2.46 billion each.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Bdca Adviser, LLC 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 Richard Jan Byrne serves?

The only and largest group of clients of Richard Jan Byrne is business development companies with 1 clients and $2.46 billion of assets under management. Among the 9 most similar advisory firms, Bdca Adviser has the highest percentage of business development companies out of all clients.

The amount of regulatory assets under management is $2.46 billion for 1 clients. None of the firm’s clients are foreign persons or businesses.

Bdca Adviser doesn't advise any private funds.

Careers at Bdca Adviser, LLC

Richard Jan Byrne has been acting as President since 1 Nov 2016. Robert Karl Grunewald has served as the Chief Investment Officer since 1 Sep 2011 and Thomas James Gahan is the Chief Executive Officer of Bdca Adviser, LLC family office. Inc. Franklin Resources joined the executive team most recently as the Sole Member.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
American Realty Advisors Ii Llc	Managing member	1 Dec 2009	75% - 100%	27-2669422
Peter Mitchell Budko	Ceo	1 Jun 2010	Other	1445301
Kamal Jafarnia	Chief compliance officer	1 Jun 2010	Other	2890436
Nicholas Sloan Schorsch	Ceo	1 Jun 2010	Other	5475068
William Monroe Kahane	President	1 Jun 2010	Other	1367933
Brian Scot Block	Cfo and treasurer	1 Jun 2010	Other	5475093
Edward Michael Weil	Executive vp and secretary	1 Jun 2010	Other	5475091
Llc American Realty Capital Ii Advisors	Manager	1 Jun 2010	75% - 100%	27-2669422
Kamal (Nmn) Jafarnia	Chief compliance officer	1 Jun 2010	Other	2890436
Robert Karl Grunewald	Chief investment officer	1 Sep 2011	Other	2834467
Brian Scot Block	Cco	1 Aug 2012	Other	5475093
John Henry Grady	Chief compliance officer	1 Oct 2012	Other	4431440
James Albert Fisher	President, coo	1 Mar 2013	Other	4510778
Thomas William Riley	Chief compliance officer	1 Mar 2015	Other	2538463
Corinne Pankovcin	Cfo, secretary and treasurer	1 Jan 2016	Other	6028421
Guy Francis Talarico	Chief compliance officer	1 Feb 2016	Other	4865564
Thomas James Gahan	Chief executive officer	1 Nov 2016	Other	1315264
David Joseph Manlowe	Chief operating officer, secretary and treasurer	1 Nov 2016	Other	2340122
Bryan Roger Martoken	Chief financial officer	1 Nov 2016	Other	4669169
Alexander Howe Mcmillan	Chief compliance officer	1 Nov 2016	Other	2945481
Richard Jan Byrne	President	1 Nov 2016	Other	1414142
Llc Bsp Acquisition I	Sole member	1 Nov 2016	75% - 100%	81-4169880

Indirect Owners

The SEC currently registers 27 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Jonathan Milton Nelson	Member, president and senior managing director	1 Apr 2003	25% - 50%	5088937
Glenn Michael Creamer	Member, vice president and senior managing member	1 Apr 2003	Other	5088938
Paul Jude Salem	Member, vice president and senior managing member	1 Apr 2003	Other	2071043
Nicholas Sloan Schorsch	Managing member	1 Aug 2007	50% - 75%	5475068
William Monroe Kahane	Managing member	1 Aug 2007	Other	1367933
Jonathan Milton Nelson	Member	1 Nov 2009	25% - 50%	5088937
Glenn Michael Creamer	Member	1 Nov 2009	25% - 50%	5088938
Paul Jude Salem	Member	1 Nov 2009	25% - 50%	2071043
Providence Managing Member L.L.C.	Managing member	1 Nov 2009	Other	27-1430591
Llc Ar Capital	Managing member	1 Dec 2009	75% - 100%	71-1036971
Llc Ar Global Investments	Managing member	1 Dec 2009	75% - 100%	71-1036971
Llc American Realty Capital Ii	Manager	1 Dec 2009	75% - 100%	71-1036971
Llc Bsp Holdco	Managing member	1 Jul 2012	25% - 50%	46-0570888
Thomas James Gahan	Sole member	1 Jul 2012	75% - 100%	1315264
Providence Managing Member L.L.C.	Managing member	1 Jul 2012	Other	27-1430591
Providence Equity L.L.C.	Non managing member	1 Jul 2012	25% - 50%	04-3753094
Providence Equity Global Group L.L.C.	Member of providence equity l.l.c.	1 Jul 2012	25% - 50%	68-0679481
Bsp Bdc Holdco L.L.C.	Sole member	1 Nov 2016	75% - 100%	81-4262161
Benefit Street Partners L.L.C.	Sole member	1 Nov 2016	75% - 100%	158672
Benefit Street Partnerco Llc	Non managing member	1 Aug 2017	25% - 50%	82-3934108
Benefit Street Partners L.L.C.	Managing member	1 Aug 2017	Other	158672
Michael Eugene Paasche	Member	1 Oct 2017	25% - 50%	1848910
Providence Equity L.L.C.	Non-managing member	1 Oct 2018	25% - 50%	04-3753094
Benefit Street Partnerco Llc	Non-managing member	1 Oct 2018	25% - 50%	82-3934108
Llc Benefit Street Partners Holdings	Non-managing member	1 Oct 2018	75% - 100%	45-1499751
Llc Bsp Holdco	Managing member	1 Oct 2018	25% - 50%	46-0570888
Inc. Franklin Resources	Sole member	1 Feb 2019	75% - 100%	13-2670991

Based in New York

The principal office where Bdca Adviser, LLC performs its advisory services is located at 9 West 57 Th Street, 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 212-588-6770. The normal business hours are 8:00 a.m. - 5:00 p.m. on Monday - Friday. You can find more information about the New York firm at bdca.com.