Goldentree Asset Management Credit Advisor LLC (New York)

Goldentree Asset Management Credit Advisor LLC is a large advisory firm based in New York. It manages $225.02 million of regulatory assets for 2 client accounts. It has been registered with the SEC as an adviser since 2017 and has operated in the jurisdiction of New York.

Goldentree Asset Management Credit Advisor 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.

Goldentree Asset Management Credit Advisor: assets under management

The assets under management (AUM) of Goldentree Asset Management Credit Advisor LLC is $225.02 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 819% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $225.02 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $112.51 million each.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Goldentree Asset Management Credit Advisor LLC for their services and products based on a percentage of assets under management. 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 Goldentree Asset Management Credit Advisor serves?

The only and largest group of clients of Goldentree Asset Management Credit Advisor is investment companies with 2 clients and $225.02 million of assets under management. Among the 6 most similar advisory firms, Goldentree Asset Management Credit Advisor has the highest percentage of investment companies out of all clients.

The amount of regulatory assets under management is $225.02 million for 2 clients. None of the firm’s clients are foreign persons or businesses.

Goldentree Asset Management Credit Advisor doesn't advise any private funds.

Careers at Goldentree Asset Management Credit Advisor LLC

The company employs 250 people that are either part- or full-time employees. 16 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
Goldentree Asset Management Lp	Managing member	1 May 2017	75% - 100%	112753
George Nmn Travers	Chief compliance officer	1 May 2017	Other	2596965

Indirect Owners

The SEC currently registers 2 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Steven Andrew Tananbaum	Managing partner	1 Apr 2000	25% - 50%	1553994
Goldentree Asset Management Llc	General partner	1 May 2017	Other	13-4112447

Based in New York

The principal office where Goldentree Asset Management Credit Advisor LLC performs its advisory services is located at 300 Park Avenue, New York, NY 10022, 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 212-847-3459 or by fax 212-847-3494. The normal business hours are 9:00am - 5:00pm on Monday - Friday.