Tsl Advisers, LLC (Fort Worth)


Tsl Advisers, LLC is a large advisory firm based in Fort Worth. It manages $1.73 billion of regulatory assets for 1 client accounts. It has been registered with the SEC as an adviser since 2011 and has operated in the jurisdictions of California, Massachusetts, and Texas.

Tsl Advisers 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.

Tsl Advisers: assets under management

The assets under management (AUM) of Tsl Advisers, LLC is $1.73 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 160% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $1.73 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $1.73 billion each.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Tsl Advisers, 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 Alan Samuel Waxman serves?

The only and largest group of clients of Alan Samuel Waxman is business development companies with 1 clients and $1.73 billion of assets under management. Among the 9 most similar advisory firms, Tsl Advisers has the highest percentage of business development companies out of all clients.

The amount of regulatory assets under management is $1.73 billion for 1 clients. None of the firm’s clients are foreign persons or businesses.

Tsl Advisers doesn't advise any private funds.

Careers at Tsl Advisers, LLC

The company employs 36 people that are either part- or full-time employees. 75 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.

Alan Samuel Waxman has been acting as President since 1 Dec 2014. Llc Special Situations Gp joined the executive team most recently as the General Partner.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
David Craig Reintjes Chief compliance officer/assistant secretary 1 Jul 2010 Other 5328983
David Nmi Bonderman Elected manager/president 1 Jul 2010 Other 1892040
James George Coulter Elected manager/senior vice president 1 Jul 2010 Other 5085548
John Edward Viola Vice president/treasurer 1 Jul 2010 Other 5460494
Ronald Cami Vice president/secretary 1 Jul 2010 Other 5873646
David Nmn Bonderman Elected manager/president 1 Jul 2010 Other 1892040
Ronald Nmn Cami Vice president/secretary 1 Jul 2010 Other 5873646
Llc Tpg Specialty Lending Management Title: service member; class of security held: service units 1 Feb 2011 50% - 75% 27-5013544
L.P. Tsl Equity Partners Title: investment member; class of security held: investment units 1 Feb 2011 75% - 100% 27-5013507
Joshua William Easterly Vice president 1 Feb 2011 Other 5110596
L.P. Tpg Holdings Ii Managing member/service member(service llc units)/investment member(investment llc units) 1 Feb 2011 25% - 50% 27-1346320
Llc Tpg Professional Vehicle Investment member (investment llc units) 1 Feb 2011 50% - 75% 27-5013507
David Stiepleman Vice president 1 Feb 2011 Other 5893476
Joshua Easterly Vice president 1 Feb 2011 Other 5110596
David Eric Stiepleman Vice president 1 Feb 2011 Other 5893476
L.P. Tpg Holdings Ii Sub Title: service member and investment member; class of security held: service units and investment units 1 Apr 2011 25% - 50% 38-3856865
Llc Tpg Specialty Lending Management Title: service member; class of security held: service units 1 Apr 2011 50% - 75% 27-5013544
L.P. Tpg Specialty Lending Management Title: service member; class of security held: service units 1 Apr 2011 50% - 75% 27-5013544
L.P. Tpg Holdings Ii Sub Title: service member and investment member; class of security held: service units and investment units 1 Jan 2012 25% - 50% 38-3856865
Alan Jay Kirshenbaum Vice president/assistant treasurer 1 Jan 2012 Other 4157107
Steven Sam Pluss Vice president/assistant treasurer 1 Sep 2013 Other 1412157
Justin Patrick Meagher Chief compliance officer 1 Feb 2014 Other 6302421
Jennifer Brown Mello Secretary 1 Feb 2014 Other 6302524
L.P. Tpg Specialty Lending Profits Holdings Employee member 1 Mar 2014 Other 47-2456255
Jennifer Brown Mello Chief compliance officer 1 Jun 2014 Other 6302524
Alan Samuel Waxman President 1 Dec 2014 Other 3102837
Jennifer Brown Mello Vice president/secretary 1 Dec 2014 Other 6302524
Jennifer E. Gordon Chief compliance officer / vice president / assistant secretary 1 Dec 2014 Other 4907532
Steven Sam Pluss Vice president/treasurer 1 Dec 2014 Other 1412157
Llc Tssp Holdco Management Managing member 1 Dec 2014 Other 454758304
Ian Timothy Simmonds Chief financial officer 1 Nov 2015 Other 5028367

Indirect Owners

The SEC currently registers 26 indirect owners.

Name Entity Date acquired Ownership Employer ID
David Nmn Bonderman Shareholder ; elected manager 1 Dec 2006 75% - 100% 1892040
James George Coulter Shareholder ; elected manager 1 Dec 2006 75% - 100% 5085548
Inc. Tarrant Capital Advisors Shareholder 1 Jan 2007 75% - 100% 20-8058213
L.P. Tpg Group Holdings (Sbs) General partner 1 Dec 2009 75% - 100% 26-3895996
L.P. Tpg Partner Holdings Limited partner 1 Dec 2009 75% - 100% 98-0519570
L.P. Tpg Holdings Limited partner 1 Dec 2009 75% - 100% 98-0515269
Llc Tpg Holdings Ii A General partner 1 Dec 2009 75% - 100% 27-1656806
L.P. Tpg Group Holdings (Parallel) Limited partner 1 Dec 2009 75% - 100% 26-3895996
Inc. Tpg Group Advisors (Cayman) General partner 1 Dec 2009 Other 98-0649379
Inc. Tpg Group Advisors General partner 1 Dec 2009 Other 26-3202842
Inc. Tarrant Advisors General partner 1 Mar 2010 Other 75-2799850
Llc Tpg Holdings Ii A General partner 1 Jun 2010 75% - 100% 271656806
Alan Samuel Waxman Member / elected manager 1 Feb 2011 50% - 75% 3102837
Llc Special Situations Gp Managing member 1 Feb 2011 Other 27-5022077
Llc Tsl Professional Managing Member Member 1 Feb 2011 75% - 100% 27-5022077
Inc. Tarrant Advisors General partner 1 Mar 2011 Other 75-2799850
L.P. Tpg Holdings Ii General partner 1 Nov 2011 50% - 75% 27-1346320
Inc. Coulco Limited partner 1 Nov 2011 50% - 75% 75-2501132
Inc. Bondco Limited partner 1 Jan 2012 25% - 50% 752447912
Inc. Coulco Limited partner 1 Jan 2012 25% - 50% 752501132
Alan Samuel Waxman Shareholder 1 Feb 2012 25% - 50% 3102837
L.P. Tpg Holdings Ii Sub Member 1 Jun 2014 50% - 75% 383856865
Michael Evan Fishman Member 1 Jul 2014 50% - 75% 6631690
L.P. Tpg Special Situations Partners Management Company Member 1 Dec 2014 25% - 50% 455450532
Llc Special Situations Gp General partner 1 Jun 2016 Other 27-5022077
L.P. Tpg Special Situations Partners Management Company Limited partner 1 Jun 2016 75% - 100% 45-4758304

Based in Fort Worth

The principal office where Tsl Advisers, LLC performs its advisory services is located at 301 Commerce Street, Fort Worth, TX 76102, which is also the mailing address of the firm. An additional office of the firm is in New York, NY. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 817-871-4000 or by fax 817-871-4088. The normal business hours are 8:30 - 5:30 p.m. on Monday - Friday. You can find more information about the New York firm at tpgspecialtylending.com.