Bluemountain Clo Management, LLC (New York)

Bluemountain Clo Management, LLC is a large advisory firm based in New York. It manages $1.5 billion of regulatory assets for 8 client accounts. It has been registered with the SEC as an adviser since 2017 and has operated in the jurisdiction of New York.

Bluemountain Clo Management 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.

Bluemountain Clo Management: assets under management

The assets under management (AUM) of Bluemountain Clo Management, LLC is $1.5 billion, all of which is managed in discretionary accounts. The firm's AUM has gone down by -82% since the beginning of its operation, and $1.5 billion of the total AUM is attributable to clients outside of the United States.

The firm manages $1.5 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $187.34 million each.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Bluemountain Clo Management, 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 Bluemountain Clo Management serves?

The only and largest group of clients of Bluemountain Clo Management is pooled investment vehicles with 8 clients and $1.5 billion of assets under management. Among the 6 most similar advisory firms, Bluemountain Clo Management has the 3rd highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $1.5 billion for 8 clients. 100% of the firm’s clients are foreign persons or businesses.

Bluemountain Clo Management also advises several private funds. Namely, eight securitized asset funds. The minimum investment commitment required of non-related persons is $250,000 for each fund.

Indirect Owners

The SEC currently registers 3 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Inc. Affiliated Managers Group	Shareholder	1 Dec 2000	75% - 100%	04-3218510
Amg New York Holdings Corporation	Member	1 Dec 2007	25% - 50%	04-3546127
William Huntington Reeves	Member	1 Dec 2007	25% - 50%	2578169

Based in New York

The principal office where Bluemountain Clo Management, LLC performs its advisory services is located at 280 Park Avenue, New York, NY 10017, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.